05:11 PM @ 30/11/2023
The energy crisis brought about by the Russia-Ukraine conflict and Gaza turmoil has driven a sharp increase in energy efficiency demand and policies, with growth in heat pump and electricity vehicle (EV) purchases helping to drive the improvements, according to the International Energy Agency (IEA).SEE MORE04:44 PM @ 30/11/2023
Asia is expected to continue to account for the majority of global growth in 2024 and 2025, as it has in 2023, while global growth overall will remain moderate, according to the Economic Outlook released by the Organization for Economic Cooperation and Development on Wednesday.SEE MORE04:38 PM @ 30/11/2023
Oil was little changed on Thursday as investors remained cautious ahead of expected production cuts by the OPEC+ group, and as weaker-than-expected Chinese factory data underscored slowing growth in the world's second largest economy.SEE MORE03:13 PM @ 30/11/2023
The global economy is expected to slow down slightly next year as a result of tightening monetary policies, weak trade and lower business and consumer confidence, the Organization for Economic Cooperation and Development (OECD) said Wednesday.SEE MORE05:05 PM @ 29/11/2023
OPEC+ is continuing to hold talks on 2024 oil policy, with no delay to a meeting scheduled for Thursday currently expected, two sources from the producer group said on Wednesday.SEE MORE
