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Posted 14/06/2023

IEA Expects Global Oil Demand to Peak at 2028 as Energy Transition Accelerates

The International Energy Agency estimates global oil demand to peak before the end of...

Posted 14/06/2023

Slowing US Inflation Boosts Chances for Fed Rate Pause

Markets are now pricing in a 91.9% probability on a Federal Reserve rate pause...

Posted 13/06/2023

US Inflation Rise at Slowest Pace in Two Years, Market Fully Expects Fed to Pause Rates

The U.S. consumer price in May rose at a slowest pace in more than...

Posted 13/06/2023

Oil Prices Recover after Falling 4% amid Concerns over Weak Demand, Goldman Cuts Forecast

Oil prices rebounded in early Asian trade on Tuesday after suffering sharp losses the...

Posted 12/06/2023

Goldman Sachs Cut Oil Price Forecast to Below $90 by Year-End

Goldman Sachs trimmed down oil price projection by almost 10% due to increased supply...

Posted 12/06/2023

UBS Completes the Takeover of Rival Credit Suisse

UBS announced Monday that its emergency takeover of rival Credit Suisse had been completed,...

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