Business

IEA Forecasts Global Oil Supply to Plunge Below Demand in 2026

Doha: The International Energy Agency (IEA) has predicted a decline in global oil demand in 2026, averaging 104 million barrels per day, which is 1.3 million barrels per day lower than the pre-war forecast.

According to Qatar News Agency, the IEA a…

European Stocks Open Higher as Oil Prices Surge

Doha: European stock markets opened trading higher on Wednesday: supported by oil prices rising above the USD 100-a-barrel level, continued inflationary pressures, and the political stalemate in West Asia.

According to Qatar News Agency, among the m…