Market

IEA Cuts Forecast for Global Oil Demand in 2026

Paris: The International Energy Agency (IEA) has lowered its forecast for global oil demand in 2026, expecting consumption to decline by 2.5 million barrels per day, compared with a decrease of 1.6 million barrels per day projected in its August estim…

US CPI Rises 0.4% Over Higher Oil Prices

Us consumer price index rose 0.4 percent in august:S consumer price index rose 0.4 percent in August, accelerating from a 0.1 percent increase in July, driven mainly by higher petrol prices, according to the Labor Department. Annual consumer inflation…