The International Energy Agency calls for urgent reopening of the strait of Homuz amid ongoing pressure on global oil suppliesOpec has lowered its full-year forecast for world oil demand growth for the fourth month in a row.The oil producing cartel said it was now expecting oil demand to have grown to 580,000 barrels per day, according to a copy o…
Global energy watchdog warns oil stockpiles ‘rapidly depleting’ – business live
The International Energy Agency calls for urgent reopening of the strait of Homuz amid ongoing pressure on global oil suppliesOpec has lowered its full-year forecast for world oil demand growth for the fourth month in a row.The oil producing cartel said it was now expecting oil demand to have grown to 580,000 barrels per day, according to a copy o…
Originally reported by The Guardian Business
More like this
All Business
Burnham warned of Iran war impact on UK growth next year
The conflict in the Middle East has pushed up oil and fuel prices, and also disrupted supply chains.
US inflation eases as food costs cool
Annual US inflation dipped to 3.4% in July, with food costs slowing and housing keeping prices slightly higher.
Bakery buys comedian's former sites after closure
Bakery business Janes Pantry confirms its plans to reopen at least 20 of the Coughlans shops.