03:45 PM @ 17/03/2025
Goldman Sachs Group Inc. cut its oil price forecasts, as tariffs reduce the outlook for US growth while OPEC and its allies boost output.SEE MORE05:00 PM @ 14/03/2025
Oil prices rose in Asian trading on Friday after U.S. President Donald Trump tightened sanctions on Iranian oil and shipping, although they were set for weekly losses on oversupply concerns amid Russia-Ukraine ceasefire talks and escalating trade tensions.SEE MORE04:54 PM @ 14/03/2025
European Central Bank (ECB) President, Christine Lagarde, on Friday expressed her concerns about the potential impacts of a full-scale global trade war.SEE MORE04:48 PM @ 14/03/2025
The European Union’s efforts to limit Russia’s war chest will likely continue to intensify despite news of a potential ceasefire with Ukraine, as the EU must now shoulder more responsibility for its own security given the rupture in the transatlantic alliance. Yet the bloc continues to overlook one of the Kremlin’s critical revenue channels: fertilisers.SEE MORE03:59 PM @ 13/03/2025
The threat of additional US tariffs, retaliatory tariffs from trading partners, and their potential impact is fostering a heightened level of uncertainty, dampening consumer, business and investor sentiment, along with clouding the 2025 outlook for chemicals and economies.SEE MORE