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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
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
'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
Passenger vehicle retail sales dip 1% in May as excessive heat, elections impact demand: FADA
"Dealers cited the impact of elections, extreme heat and market liquidity issues as major facto…
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
Heatwaves push India's power demand to seasonal peak; Delhi sets record intake at 7,717 MW
As a considerable part of India experiences severe heatwave, necessitating the need for air conditi…
ANI
Amid heatwave, Delhi's power demand soars to May's highest ever at 7,572 MW
A heatwave in parts of Delhi on Monday pushed the national capital's peak power demand to its highe…
PTI
OPEC+ extends major oil production cuts until 2025 to stabilise market
Faced with slow demand growth, high interest rates, and the rise in U.S. oil production, the group …
ANI
Durlax Top Surface Limited IPO Opens on June 19, 2024
Durlax Top Surface Limited, specializing in manufacturing solid surface materials, has announced it…
ANI
Energy prices in France turn negative as surging renewable output takes nuclear plants offline
Some nuclear plants in France were shut down after renewable output surged, Bloomberg reported.
Filip De Mott
BofA slashes Tesla's stock price target, says weak demand will hurt unless the company cuts prices more
"We see it hard for the company to generate additional sales with its current product portfolio or …
Matthew Fox
Stock market today: US stocks close at record highs after encouraging May inflation and Fed commentary
The S&P 500 closed above 5,400 for the first time as traders took in upbeat inflation data and mess…
Jennifer Sor
Longtime Tesla investor says Elon Musk's proposed $56 billion pay package is 'outrageous' amid poor stock performance
Musk's pay package would be "outrageous" even if it were slashed in half, according to Tesla invest…
Jennifer Sor
A major copper miner thinks it's got a way to turbocharge output without having to open new mines
Freeport-McMoRan CEO Kathleen Quirk told Bloomberg it's developed a way to boost copper without ope…
Filip De Mott
Tech stocks tumble after Accenture guidance signals weak demand ahead
India’s tech stocks pack slipped down a slippery slope on Friday morning trade after tech major Acc…
Stock market today: S&P 500 closes at a record high as investors await the latest Fed decision, May CPI
The S&P 500 hit a record. Shares of Apple surged a day after its WWDC event, while traders braced f…
Filip De Mott
Apple stock soars 7% to record highs after AI-focused WWDC event
The iPhone maker is now just $29 billion in market value away from eclipsing Microsoft as the world…
Matthew Fox
There's a 'renaissance' coming for boring stocks. Here's how investors can position to take advantage, according to BofA.
Value stocks, which have been nearly forgotten as investors chase AI-fueled growth names, are set t…
Matthew Fox
'Best WWDC Ever': Wall Street is pumped up over Apple's AI game plan
Analysts see the new AI capabilities kicking off a big upgrade cycle, driving sales of the iPhone 1…
Matthew Fox
Amid market volatility, Sensex and Nifty close flat; Construction, automobile and PSU banks outperform
The stock market closed flat on Tuesday amid volatility. The benchmark index, Sensex, ended 33.48 p…