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The oil market is at risk of a supply shortage as peak demand is still 10 years away, Goldman Sachs says
Demand for crude is set to climb through 2034, as major oil producers pull back on spending, Goldm…
Jennifer Sor
Peak oil demand before 2030 will usher in a major supply glut, the International Energy Agency says
As global demand for oil plateaus this decade, heavy production will create a massive supply glut t…
Filip De Mott
Delhi's peak power demand grew 3.8x on hot and humid days in last 12 months: Report
The wet-bulb temperature (WBT) is the lowest temperature to which a person or object can be cool…
PTI
India's power consumption rises nearly 9% to 152.38 billion units in June
The peak power demand touched an all-time high of 250.20GW in May this year. The previous all…
PTI
India to lead world in fuel demand growth, consumption to grow by 1.3 million barrels by 2030: IEA
India, the world's third biggest oil importer and consumer, will in the second half of the decade b…
PTI
India's FMCG sector to see revenue growth of 7-9% in fiscal 2024: CRISIL
The report added that the product realisations are expected to grow modestly with slight increases …
ANI
'AI demand train running at full speed': Here's what Wall Street expects from Nvidia's first-quarter earnings
"With H100 lead times falling and H200 and GB200 products now in the mix, Nvidia has more levers to…
Matthew Fox
Canada chapter of UKPNP demands immediate revocation of troops from PoJK
Sardar Nasir Aziz Khan, the spokesperson for the UKPNP, also demanded that the administration must …
ANI
Stock market today: US stocks close at record highs after dovish June jobs report
"To us, the message is the labor market is slowing," Fundstrat's Tom Lee said of the June jobs repo…
Matthew Fox
Stock market today: Indexes test record highs as dovish jobs report sends bond yields lower
The June jobs "should have Fed officials troubled that the desired cooling in the economy could tra…
Matthew Fox
All you need to know about Stanley Lifestyles Limited's IPO
The company offers multiple products like beds, armchairs, kitchen cabinets and sofas under the bra…
The AI boom will push America's shaky power grid to its limit
"The cost of that Gen AI architecture is freaking out of control," Baird strategist Ted Mortonson t…
Matthew Fox
Utility bills are getting cheaper, but AI could spoil the party
The rise of Ai requires power-draining infrastructure. The buildout could add to utility costs for …
Filip De Mott
'The worst is in the rear-view mirror': Why Wall Street thinks Tesla's comeback story is finally here
Tesla could have better days ahead as investors eye its Robotaxi and Musk puts his legal drama to b…
Jennifer Sor
Tesla stock pops 10% as deliveries beat estimates and Wall Street sees stronger days ahead
Wedbush analyst Dan Ives says "the worst is in the rear view mirror" for the EV-maker following the…
Filip De Mott
Tesla is about to embark on a 2nd half rally as the company's comeback story is starting, Wedbush's Dan Ives says
Tesla will finally make a comeback in the second half as it sees the "last of the worst news" for d…
Jennifer Sor
Extreme heat melts diesel demand, sales drop 4% in June
India's diesel demand slumped in June as extreme heat conditions in parts of the country curtailed …
PTI
IEA slashes oil demand outlook amid the end of the post-pandemic rebound and expanding EV adoption
The latest bout of Middle East turmoil has ratcheted up fears that oil could soon hit $100 a barrel.
Yuheng Zhan
Lumber prices have plunged 24% as this year's home builder season fails to meet expectations
"Last week's housing report provided confirmation for many that demand is somewhat worse that most …
Matthew Fox
Why the world is barreling towards a 'food war,' according to one commodity trader
"We have fought many wars over oil. We will fight bigger wars over food and water," Olam Agri's CEO…