Increasing Adoption of AR and VR: Expansion of AR and VR applications across industries boosts the demand for advanced computer graphics. Growth in Electronic Device Usage: Increasing penetration of ...

OPEC+ cuts global oil demand forecast by 210K barrels per day for this year. For 2025, the demand forecast is trimmed further by 90K barrels per day. WTI crude reacts with a modest rise to $69.59 ...

The Organization of Petroleum Exporting Countries (OPEC), a group of oil-producing states led by Saudi Arabia and Russia, reduced its oil demand forecast for 2024 and 2025. The cut is the group ...

LONDON, Dec 11 (Reuters) - OPEC cut its 2024 global oil demand growth forecast for a fifth straight month on Wednesday and by the largest amount yet, a series of downgrades that highlights China's ...

OPEC has revised its forecast for oil demand downwards for the fifth month in a row, Commerzbank’s commodity analyst Carsten Fritsch notes. OPEC expects oil market to remain undersupplied ...

The Organization of the Petroleum Exporting Countries cut its forecast for oil-demand growth for the fifth consecutive month after further postponing plans to increase output amid softer prices ...

OPEC cut oil demand growth forecasts for this year and next for a fifth straight month, making its deepest reduction to the 2024 outlook so far after agreeing to extend its supply curbs. The ...

Oil prices held steady on Thursday as weak demand forecasts and rising U.S. gasoline inventories offset concerns about EU sanctions targeting Russian oil flows. OPEC revised its 2025 demand growth ...

The Bank of Spain raised its projections for the country’s economic growth this year and in 2025, citing a better outlook for domestic demand. Gross domestic product is forecast to rise by 3.1% ...

Geopolitical tensions and cold weather forecasts fuel demand for heating fuels, impacting energy prices and market trends. Natural gas and oil markets are witnessing heightened volatility as ...

Maintenance demand is expected to be higher across aviation segments in 2025—with the commercial and military segments growing faster than civil helicopters and business aviation MRO.