Keywords: Demand
India’s state-owned refiners have purchased approximately 7 million barrels of crude oil through recent tenders, highlighting sustained import demand from one of the world’s largest energy consumers, according to trade sources. The combined purchases were made by Indian Oil Corporation (IOC)......
Boeing has reached a new milestone in its manufacturing recovery by launching operations at a fourth 737 MAX final assembly line at its Everett, Washington, facility, reinforcing its strategy to increase production of its best-selling narrow-body aircraft. The new production line, known internally as......
A surge in demand for low-cost cooling equipment has triggered a wave of resale activity across online marketplaces, with air conditioners originally sold by discount retailer Lidl being listed at significantly inflated prices just days after purchase. The trend follows a promotional sale in which thousands......
Home sales in the Greater Toronto Area (GTA) increased for a fourth consecutive month in June, signaling a continued recovery in Canada’s largest housing market as prices also edged higher, according to data released by the Toronto Regional Real Estate Board. The improvement suggests that the......
Rising global temperatures and increasingly frequent heatwaves are expected to significantly reshape electricity demand worldwide, placing growing pressure on power systems, according to warnings from major financial institutions. Experts highlight that the surge in extreme heat is directly increasing......
Global air passenger traffic declined again in May 2026, marking a second consecutive monthly contraction, according to the latest data released by the International Air Transport Association (IATA). The downturn comes amid rising operational costs, geopolitical instability, and increasing ticket prices......
Egypt is intensifying coordination between its energy authorities to secure electricity supplies during the summer months, as officials prepare for a significant increase in power consumption driven by seasonal demand. The country's ministries responsible for electricity and petroleum have launched......
Global demand for liquefied natural gas (LNG) is on course for substantial long-term growth, with consumption expected to increase by approximately 65% by 2050 as Asian economies accelerate their energy transition and electricity demand continues to climb. According to Shell's latest annual LNG......
Energy giant Chevron and technology leader Microsoft have entered into a long-term agreement aimed at powering large-scale artificial intelligence data infrastructure using electricity generated from natural gas, highlighting the growing energy demands of the digital economy. Under the agreement, Chevron......
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