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A more “unpredictable” U.S. will only add to the challenges facing the incoming European Parliament as it navigates increasingly fraught ties with China and Russia, according to former EU Commission President José Manuel Barroso. Barroso told CNBC on Monday that there was “anxiety” in Europe over the upcoming U.S. elections, reviewing how a second term for ...
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Opec has again kept its global oil supply and demand forecasts unchanged for this year and 2025. The group still expects demand to rise by 2.25mn b/d to 104.46mn b/d in 2024 and by a further 1.85mn b/d to 106.31mn b/d next year, according to its latest Monthly Oil Market Report (MOMR). For this year's forecast, downward adjustments to demand in OECD ...