IEA trims 2025 oil demand outlook as China offsets global gains
THE International Energy Agency (IEA) kept its 2024 global oil demand growth forecast unchanged on Tuesday (Aug 13) but trimmed ...
Tag: offsets
Oil rises 1% as Fed rate cut optimism offsets demand fears
OIL prices climbed 1 per cent on Wednesday (Jun 5), rebounding from four-month lows, as hopes of an interest rate ...
BP profits drop to US$2.7 billion, refinery outage offsets higher output
BP reported on Tuesday (May 7) first-quarter earnings of US$2.7 billion, down 40 per cent from a year earlier and ...
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