global demand – World News

Business

Shell sees significantly lower Q1 LNG trading results – Times of India

getworldnews1 year ago12 mins

[ad_1] LONDON: Shell said on Friday it expects significantly lower results from its liquefied natural gas trading business in the first quarter of 2024 compared with the previous three months. In an update ahead of quarterly results on May 2, Shell also said its oil trading results are expected to be significantly higher than the…

Business

Oil prices rise on expectation of strong global demand and possible Fed interest rate cut – Times of India

getworldnews1 year ago03 mins

[ad_1] NEW DELHI: Oil prices increased on Wednesday on the expectation of strong global demand, including in the United States, the world’s top consumer. US inflation did not affect the anticipation that the Federal Reserve might begin reducing interest rates soon.By 0730 GMT, Brent futures for May rose 0.3% to $82.20 a barrel, an increase…