7 articles
The IEA cut its 2026 global oil demand outlook by 1.1 million barrels per day due to high prices and supply disruptions, noting OECD stockpiles fell to 1990 lows amidst Middle East tensions.
OECD oil stocks are set to fall to 2003 lows due to Middle East disruptions, according to EIA. Brent crude prices are forecast to reach $105 per barrel in mid-year despite a minor demand drop.
The OECD warns a prolonged Iran conflict could trigger global recessions by 2027 via energy shortages and rising costs for industrial inputs like fertilizers and sulphur. This scenario threatens GDP g
UK equities fell as Middle East tensions pushed crude oil prices up by roughly 3%, lifting energy stocks despite broader market declines. The OECD adjusted its growth forecasts, citing cost strains fr
The OECD warns that a prolonged Middle East conflict could disrupt Gulf oil and gas production, potentially slowing global growth to 1.8% by 2027 and raising inflation significantly due to energy pric
The OECD reports global industrial subsidies hit post-crisis highs in 2024, driven by China. Key sectors include aluminium, steel, and solar panels, with subsidies explaining up to 60% of market share
The G7 is considering a permanent secretariat to coordinate critical mineral supplies and reduce dependence on China, focusing on resources like lithium and rare earths. Talks include stockpiling meas
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