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The IEA has forecast an oil demand growth of 970,000 barrels per day (bpd) in 2024
The BLS data also showed that consumer prices fell by 0.1 percent on a monthly basis
In 2023, wealth growth across the world has recovered from its 3 percent contraction the previous year
Reducing policy restraint too late or too little could unduly weaken economic activity and employment, Powell stated
Data showed that Asia was an outlier that registered inflows of $3.1 billion in H1 2024
Renewable energy consumption in the U.S. exceeded coal for the first time in about 140 years
U.S. stock market recorded significant gains this year as enthusiasm around AI surged
External financial assets reached $1.911 trillion at the end of December last year
The country's trade deficit narrowed to $7.7 billion, down nearly 12 percent from a year earlier
Data reveals 4.8 percent decline in energy index and 0.1 percent decline in food prices
This reflects the continued recovery of the Asia and Pacific (APAC) region from the impacts of the COVID-19 pandemic
The tech giant plans to deploy 20,000 advanced GPUs at its Swedish data centers
This amount exceeds the nearly 9.2 trillion yen Japan spent on yen-buying, dollar-selling operations in late 2022
Q1 GDP growth was a sharp slowdown from Q4 2023's 3.4 percent pace
First-quarter GDP data expected to reveal resilience in the U.S. economy, impacting rate cut expectations
"LignoSat" is expected to be launched into space aboard a SpaceX rocket from the United States
Consumers' 12-month inflation expectations rose to 5.4 percent from 5.3 percent in April
Shipments of foreign-branded phones in China increased by 52 percent in April 2024 to 3.495 million units
Fed officials say the central bank needs to wait for significant progress on inflation before cutting interest rates
Gold prices achieved a record high of $2,449.89 but have since lost over $100
Chinese reserve buying remains a significant tailwind, driving demand and supporting gold prices
Finland's wind power capacity has increased so rapidly in recent years, by 75 percent to 5,677 megawatts in 2022 alone
Agreements align with Aramco's ambition to achieve net zero Scope 1 and Scope 2 greenhouse gas emissions
Roadmap builds on the 2022 Partnership for Advancing Clean Energy Agreement
