Keywords: Demand
Italy recorded its highest-ever electricity demand for the month of July, as an intense heatwave pushed up the use of air conditioning and other cooling systems across the country. According to data from the Italian electricity grid operator, electricity consumption reached approximately 32.5 terawatt-hours......
The Organization of the Petroleum Exporting Countries (OPEC) has revised its expectations for global oil demand growth, lowering its forecast for 2026 while adopting a more optimistic outlook for the following year. In its latest monthly report, OPEC estimated that global oil demand will increase by......
Air Canada is expecting a particularly strong fall travel season as demand remains resilient, especially among corporate passengers. The outlook comes as the country's largest airline continues to contend with elevated costs and a more uncertain operating environment. The Montreal-based carrier......
The International Energy Agency (IEA) expects global oil supply to fall significantly in 2026, reflecting the continuing impact of disruptions around the Strait of Hormuz and difficulties affecting crude exports from the Gulf region. According to the agency's latest monthly oil market report, global......
French wholesale electricity prices surged by more than 20% on Tuesday as an intense heatwave increased demand for cooling while tightening power supply, according to LSEG data. Day-ahead electricity prices rose 20.5% to €141 per megawatt-hour, reflecting growing pressure on the French power market......
The global oil market is entering a period of structural change as demographic trends increasingly influence where energy demand is concentrated. While ageing populations are putting pressure on consumption growth in many advanced economies, younger and rapidly urbanising populations in Asia and Africa......
China’s consumer inflation weakened more than expected in July, highlighting persistent pressure on domestic demand and underscoring the challenges facing policymakers as they seek to strengthen household consumption. The consumer price index (CPI) rose just 0.5% year on year, according to official......
India's fuel consumption climbed to its highest level in four months during July, reflecting resilient domestic energy demand despite mixed performance across individual petroleum products. New data released by the country's Petroleum Planning and Analysis Cell (PPAC) showed total fuel consumption......
Canada's services industry showed modest signs of stabilization in July, but the sector continued to operate below growth territory as persistent economic uncertainty weighed on demand and business confidence. According to the latest S&P Global Canada Services PMI survey, the Business Activity......
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