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US may reduce oil production because of sluggish demand: S&P
May 15, 2025
|The Business Guardian
The United States may reduce its oil production, which could lead to an annual decline in output in 2026 due to the sluggish demand and falling crude prices, according to a new analysis by S&P Global Commodity Insights.
The report further added that slowing global oil demand, extreme uncertainty about the future of US trade and a coming supply surplus are expected to hobble US oil production growth.
The S&P Global Commodity Insights Global Crude Oil Markets Short-term Outlook adds that global oil (total liquids) demand is expected to average 750,000 barrels per day (b/d) in 2025, a downward revision of 500,000 b/d from the prior outlook.
هذه القصة من طبعة May 15, 2025 من The Business Guardian.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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The Business Guardian
AAP’s Sanjay Singh targets BJP over Ram Temple donation row
Aam Aadmi Party (AAP) MP Sanjay Singh on Friday launched a sharp attack on Bharatiya Janata Party (BJP) over the alleged Ayodhya Ram Temple donation embezzlement case, asking why the donation-thieving party is “still protecting the big bandits.”
1 min
June 27, 2026
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Stay Cool, Stay Safe: ISHRAE releases practical guidelines to help Indians Beat Rising Heatwaves
As heatwaves become longer, more frequent and increasingly severe across India, the Indian Society of Heating, Refrigerating and Air Conditioning Engineers (ISHRAE) has released its latest 'Position Document' on Managing Heat Stress & Enhancing Thermal Comfort, offering science-backed guidance to help individuals, communities, institutions and policymakers stay cool, stay safe during extreme heat events.
1 min
June 27, 2026
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Romeo Lane Opens India's Tallest Outlet at Boulevard Walk by H&S in Greater Noida West
Romeo Lane announced the opening of its tallest outlet at Boulevard Walk by Home & Soul (H&S), Greater Noida West.
1 mins
June 27, 2026
The Business Guardian
Raut takes pot shot at BJP over Ram Temple donations theft
Shiv Sena (UBT) MP Sanjay Raut on Friday alleged that Rs 2000 crore was stolen from the Ram Mandir Trust and used to engineer political splits in the Trinamool Congress (TMC) and Shiv Sena (UBT).
1 min
June 27, 2026
The Business Guardian
Reclaiming Indian cities for pedestrians
The walking experience of a pedestrian in India is like the famous mobile game, Temple Run, where the character navigates roadblocks one after another.
3 mins
June 27, 2026
The Business Guardian
DKS cautions excise officials against bringing bad name to State Govt
Karnataka Chief Minister DK Shivakumar on Friday warned Excise Department officials against tarnishing the image of the government and said legal provisions could be introduced to enable their transfer to other departments if required.
1 min
June 27, 2026
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Banking sector poised for valuation re-rating
India’s banking sector is set for a potential re-rating as asset quality remains resilient, but loan growth may remain moderate, as per Kotak Institutional Equities.
1 min
June 27, 2026
The Business Guardian
When Things Take Time, Something Good Is Coming
We celebrate outcomes, but life is shaped in the intervals between them.
3 mins
June 27, 2026
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Priyanka Gandhi announces tribal university in Nilambur
Congress General Secretary and Wayanad MP Priyanka Gandhi Vadra on Friday said that the State government has decided to start a university in Nilambur for the tribal people as an effort to preserve their culture, traditions, languages, ways, and festivals.
1 min
June 27, 2026
The Business Guardian
UK-INDIA TRADE CORRIDOR EXPANDS GROWTH OPPORTUNITIES
The UK-India corridor offers strong potential to move beyond trade and build integrated value chains, with India serving as a trusted hub for manufacturing, innovation and access to high-growth markets, said Rajan Bharti Mittal, Vice Chairman of Bharti Enterprises.
1 mins
June 27, 2026
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