Latest in Oil demand growing at slowest rate since height of pandemic, says IEA
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BP reports lowest quarterly profit since pandemic on weak oil prices
Energy group pledges to review share buyback plan in February after latest $1.75bn repurchaseBusiness - Financial Times - October 29 -
Air conditioning will be major driver of electricity demand, says IEA
Higher temperatures and rising incomes could boost power demand coming from home cooling units by 280% by 2050Business - Financial Times - October 16 -
Global electricity demand to double by 2050, IEA’s World Energy Outlook says
Electricity demand is set to increase at levels equivalent to adding a new Japan to the world each year, the International Energy Agency saidBusiness - MarketWatch - October 16 -
Lower oil and natural gas prices, higher electricity demand expected over next five years: IEA
Natural gas and oil prices are likely to decline in the second half of the decade, but unexpectedly high worldwide demand for electricity will complicate efforts to reduce greenhouse gas emissions, ...Politics - The Hill - October 16 -
U.S. oil prices log biggest weekly drop in a year as demand concerns persist
Crude futures finished with a loss on Friday, just a day after posting a gain for the first time in five days, with prices of the U.S.-traded benchmark ending below $70 a barrel and marking its ...Business - MarketWatch - October 18 -
September Border Patrol encounters lowest since the pandemic
Fewer migrants were apprehended between ports of entry at the southern border in September than in any month since August of 2020, according to new data released by Customs and Border Protection ...Politics - The Hill - October 22 -
Weekly mortgage demand tanks 17%, after interest rates hit the highest level since August
Mortgage interest rates rose last week for the third straight week, hitting the highest level since August.Business - CNBC - October 16 -
Mortgage demand drops to its lowest level since July, as interest rates return to summer highs
Total mortgage application volume dropped 6.7% from the previous week, hitting its lowest level since JulyBusiness - CNBC - October 23 -
China's industrial profits plunge at fastest pace since the pandemic
The country's industrial profits declined 27.1% year-on-year in September.Business - CNBC - October 28 -
Fossil fuels could become cheaper and more abundant, says IEA
International Energy Agency says transition to clean energy means there will be a surplus of oil, gas and coal. Fossil fuels could soon become significantly cheaper and more abundant as governments ...World - The Guardian - October 16 -
Mortgage rates surge, putting a damper on home buying and refinancing
Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.Business - MarketWatch - October 16 -
Oil prices down for 4th straight session as traders weigh supply and demand
Crude futures on Wednesday marked a fourth straight session of declines, with prices holding ground at their lowest in two weeks as traders focused on an uncertain demand outlook — particularly ...Business - MarketWatch - October 16 -
China's Top Oil Companies Turn in Mixed Results Amid Weak Demand
State-controlled producer PetroChina posted lower profit and revenue, rounding out mixed results for the country’s big three oil companies.Business - The Wall Street Journal - October 29 -
Oil prices end higher as risk of Iranian strike on Israel grows
Oil futures finished higher on Thursday, contributing to a gain for the month, as traders weighed the growing risk of an Iranian attack on Israel that would further fuel tensions in the oil-rich ...Business - MarketWatch - October 31 -
Oil ends down on the day, up for the week on conflicting supply-demand prospects
Oil futures finished lower on Friday, with China’s latest round of stimulus measures failing to lift expectations for energy demand in the face of President-elect Donald Trump’s support for more ...Business - MarketWatch - 10 hours ago -
Russian Oil Flows Through Western ‘Price Cap’ as Shadow Fleet Grows
A report shows how Russia has largely evaded sanctions aimed at limiting its revenue from oil sales.Business - The New York Times - October 14 -
Russia’s shadow fleet of oil tankers grows despite western sanctions
Poorly maintained and uninsured vessels transporting up to 70% of country’s seaborne oil, says report. Russia’s shadow fleet of oil tankers is expanding, according to research, transporting up to ...World - The Guardian - October 14 -
BP Profit Falls, but It Still Sees ‘Potential to Grow’ in Oil and Gas
The energy giant’s chief executive, Murray Auchincloss, has taken a profit-oriented approach and said in an interview that the company’s “principal aim” was increasing earnings.Business - The New York Times - October 29 -
Counterfeit weight loss drugs sold online as demand for cheaper options grows
A surge in counterfeit versions of popular weight loss drugs is raising health concerns. U.S. Customs is intercepting fake medications with potentially harmful effects. Tom Hanson reports on the ...Top stories - CBS News - 15 hours ago -
North Korea missile test reaches record height and duration, says Japan
Test of apparent ICBM theoretically capable of striking US mainland comes amid warnings over North Korean troops in Ukraine. North Korea has test launched a long-range missile theoretically capable ...World - The Guardian - October 31 -
Outbreaks of Marburg virus, Mpox and avian flu underscore need for reset of pandemic preparedness, report says
A new report warns world leaders that they are not fully prepared for the next global pandemic.Business - MarketWatch - October 14 -
Holiday sales growth could slow to pre-pandemic levels, retail group says
U.S. holiday-season spending is likely to hit another record, a major retail-industry group said Tuesday, but it added that sales growth is likely to slow as consumers continue to grapple with ...Business - MarketWatch - October 16 -
Mortgage rates stay high, sapping home-buying demand
Mortgage applications fell 6.7% in the last week, the Mortgage Bankers Association said.Business - MarketWatch - October 23 -
Mortgage demand stalls as interest rates surge higher ahead of election
Total mortgage application volume was essentially flat, falling 0.1% compared with the previous week.Business - CNBC - October 30 -
Weekly mortgage demand tanks 11% as interest rates surge higher
Total mortgage application volume dropped 10.8% compared to the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.Business - CNBC - 2 days ago -
Harris, Trump favorability ratings among lowest for nominees since 1956: Gallup
Vice President Harris and former President Trump have secured some of the worst favorability ratings for presidential nominees since 1956, a new survey found. Gallup has measured favorability of ...Politics - The Hill - October 22 -
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Mortgage rates rise to highest level since July due to these 3 reasons
Mortgage applications fell 0.1% in the last week, the Mortgage Bankers Association said.Business - MarketWatch - October 30 -
Dodgers-Yanks draws best WS ratings since 2017
The Dodgers' championship-clinching win over the Yankees in Game 5 on Wednesday night was the most-watched World Series game since 2019, while the series drew its best ratings since 2017.Sports - ESPN - November 1 -
US economy continues to grow at robust rate days before presidential election
GDP rose by 2.8% in the third quarter, short of economists’ expectations of 3.1%, and driven primarily by consumer spending. The pace of US economic growth slowed over the summer but continued its ...World - The Guardian - October 30 -
U.S. crude oil prices fall more than 2% after OPEC cuts demand forecast again
Soft demand in China has weighed on the market for months.Business - CNBC - October 14 -
Oil settles higher after last week’s 8% drop as traders weigh China demand concerns
Oil prices finished higher on Monday, regaining some of last week’s 8% decline after China lowered its benchmark lending rates, part of a series of stimulus measures to revive the flagging economy ...Business - MarketWatch - October 21
