OPEC sees robust summer oil demand, economic upside potential

OPEC sees world economic growth of 2.8% in 2024, steady from last month, and said the U.S. economy was set to give the traditional summer boost to fuel demand. "The upcoming driving season in the U.S. Read More

Iran-Israel possible war may push crude to above $100 per barrel; can trigger panic selling, volatility in equity markets

Indian markets may see heightened volatility in the upcoming week on account of geopolitical conflict heating up in the Middle East. Iran, on April 13, launched attacks against Israel, escalating the ... Read More

World Street | Crude oil price surge, Musk's legal mess, Fed's non-partisan stance, India's growing clout, and more

Geopolitical tensions, production squeeze may propel oil prices beyond $100 per barrel. Elon Musk faces inquiry over social media actions. Fed is not taking into account the presidential election or ... Read More

Mexico said to cut some oil exports as global supplies tighten

Petroleos Mexicanos (Pemex) is reported to be cutting some oil exports, canceling contracts to supply refiners abroad. Read More

News updates from April 9: OpenAI and Meta ready new AI models; EU launches probe into Chinese wind turbine companies

The green transition and artificial intelligence boom risk creating a “real problem” for the supply of critical commodities such as copper, aluminium and zinc as demand rises, warned Trafigura chief ... Read More

Live news: Boeing shares fall after weak deliveries and whistleblower report

The US is “very focused on ensuring” Russia is not able to develop new liquefied natural gas projects, one of the country’s senior diplomats said. Fifa and US sports promoter Relevent have reached an ... Read More

Feds in Yakima Unveil Major Indictment Against Criminal Gangs

Delivering a big blow to criminal gangs operating in Yakima and throughout the United States federal officials Thursday announced a major indictment against 34 alleged criminal gang members. THE ... Read More

Indian vs US stock market: How Dalal Street performed against global markets in Q1CY24?

The Nifty 50 index has surged 6.40 percent ... crude oil prices surged for the third consecutive month, climbing by 6.3% in March. The recent surge has been due to Ukraine’s drone attack on Russian ... Read More

McDonald’s buys hundreds of Israel franchise restaurants after Hamas war triggers boycotts

McDonald’s is to buy out its Israeli franchise operator after it generated controversy by giving free meals to Israeli soldiers. Read More

Could Yakima See a Violent Summer of Crime? It’s Possible

Police say the gangs are still here and are still very active. WHEN TEMPERATURES HEAT UP SO DOES GANG CRIME Officers in the city gang unit say as the temperatures increase more people will be outside ... Read More

China to Build More Coal Mines to Feed Surging Power Capacity

China has led a global resurgence in coal-power capacity, accounting for about two-thirds of last year’s increase, according to Global Energy Monitor. The world’s second-biggest economy is also mining ... Read More

Fears grow over rate cut delays after US jobs shock

House prices fell for the first time in six months in March amid rising mortgage rates, according to a lender. Property values declined by 1pc last month when compared to February, the Halifax house ... Read More