Micron Technology will invest around $24 billion in Singapore over the next decade. It’s another major investment as it looks to take advantage of the surge in demand for memory chips, but the company ...
The Chief Executive Officer of the National Food Buffer Stock Company (NAFCO), George Abradu-Otoo, has raised concerns over a growing rice glut in Ghana, warning that it poses a threat to farmers’ ...
World petroleum and other liquid fuels production will outweigh consumption by 2.83 million barrels per day in 2026, according to the EIA's January short term energy outlook. Image by Yutthana ...
DAVOS, Switzerland, Jan 22 (Reuters) - Global oil glut predictions are seriously exaggerated as demand growth remains strong and global oil stocks are depleted, Amin Nasser, chief executive of Aramco ...
"Energy demand is robust," Amin Nasser, the CEO of Aramco told CNBC's Dan Murphy in an exclusive interview at the World Economic Forum in Davos. Got a confidential news tip? We want to hear from you.
Five major drinks companies—Diageo, Pernod Ricard, Campari, Brown-Forman, and Remy Cointreau—together are sitting on about $22 billion worth of aged spirits, which is the largest amount of unsold ...
One of the world’s biggest lithium traders is seeing a turnaround in the battery metal market as accelerating demand ends a glut that dragged down prices. “We see a very healthy Asian demand and an ...
Jeffrey Currie, chief strategy officer of Energy Pathways at Carlyle Group, is warning that oil prices (CL1:COM), (CO1:COM) could surge significantly higher despite widespread expectations of stable ...
Oil fell as traders weighed progress on a deal to end Russia's war in Ukraine, a possibly bearish development for an oil market staring down a glut. West Texas Intermediate dropped 2% to settle at $57 ...
I'm not afraid to admit it: I love Christmas movies. The cheesy ones, the sentimental ones, the ones where the girl from the big city goes home for the holidays, rediscovers the true meaning of ...
LONDON, Dec 11 (Reuters) - World oil supply will match demand closely in 2026, OPEC data published on Thursday indicated, an outlook contrasting with projections from the International Energy Agency ...
The oil market is grappling with whether sanctioned Russian and Iranian cargoes should still be counted as supply. This may explain why oil prices have been slow to react to a huge glut that is ...