OPEC's share of the global oil market is set to diminish further next year as surging supplies of oil from the US and other non-OPEC producers outpaces an expected acceleration in world oil demand growth, the International Energy Agency ...
Tags: Chemicals, Metallurgy, Mineral, Energy, Oil
The global economy is moving forward, but divergence between countries and regions reflects the uneven progress made toward recovery from the economic crisis, according to the OECD's latest Economic Outlook. The OECD indicated that ...
OPEC ministers should consider the needs of the global oil market in a year's time, rather than just the current demand/supply balance, when they meet to review the cartel's production ceiling in two weeks, the head of the International ...
Tags: OPEC, oil market
In March this year, the unemployment rate of the 34 Organisation for Economic Co-operation and Development (OECD) member countries decreased to eight percent, compared to the 8.1 percent recorded in the previous month, according to new ...
Tags: Unemployment Rate, OECD
In February this year, the unemployment rate of the 34 Organisation for Economic Co-operation and Development (OECD) member countries decreased to eight percent, compared to the 8.1 percent recorded in the previous month, according to new ...
Tags: Unemployment Rate
The EU and Japan officially launched the negotiations for a Free Trade Agreement (FTA). The aim is for a comprehensive agreement in goods, services and investment eliminating tariffs, non-tariff barriers and covering other trade-related ...
Tags: trade, Free Trade, Free Trade Agreement
OPEC Tuesday cut its estimate of demand for its crude in 2013 to 29.71 million b/d, down 70,000 b/d from its previous projection. In its latest monthly oil market report, OPEC said it estimated the call on OPEC crude in the first quarter ...
Tags: OPEC, crude oil, oil market
In November 2012, the unemployment rate of the 34 Organisation for Economic Co-operation and Development (OECD) member countries was stable at eight percent, unchanged from the previous month, according to new figures published by the OECD. ...
Tags: Unemployment rate, OECD countries, euro area
The Jamaican government has announced the discovery of an abundance of rare earth minerals in its soil by a team of Japanese scientists. AP reports that Philip Paulwell, Minister of Science, Technology, Energy & Mining, has informed ...
Tags: Rare Earth Minerals, Metallurgy, Mineral
“The most valuable commodity I know of is information.” (Gordon Gecko in “Wall Street” by Oliver Stone) Commodities have experienced a renaissance after the bursting of the internet bubble at the end of the ...
Tags: Commodities, Metallurgy, Mineral
Global thirst for oil will be slightly stronger than expected in the last quarter of 2012 because of demand from China and despite a sharp cutback in Europe recently. The IEA forecast that the growth of demand next year is expected to be ...
Tags: IEA, oil, oil consuming, oil market
Neglecting maths education in UK schools will lead to a substantial decline in skills in the IT sector,according to Scott Fletcher,founder and chairman of ANS Group. Scott Fletcher responded to a study from The Sutton Trust,which found ...
Tags: maths education, UK, IT, ANS Group, ICT curriculum, OECD
South Africa is to phase out all incandescent light bulbs and replace them with energy-efficient ones by 2016, making it the first African country to undertake a comprehensive national transition away from inefficient lighting. The ...
Tags: incandescent bulb
South Africa is to phase out all incandescent light bulbs and replace them with energy-efficient ones by 2016, making it the first African country to undertake a comprehensive national transition away from inefficient lighting. The move, ...
Tags: Market View, incandescent bulb