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Business News > Mint Authors > Giulia Petroni

Giulia Petroni

ARTICLES BY GIULIA PETRONI

Oil tankers pass through the Strait of Hormuz. Iran has ‘closed’ the Strait of Hormuz after the US and Israel attacked it last week, causing oil and gas prices to spike. (File Photo: Reuters)

Saudi Arabia starts to shift crude exports to Red Sea amid Hormuz disruption

1 min read . 05 Mar 2026

An employee shows a gold bar, as bars of various values are stored in a safe deposit room in Munich, Germany, (REUTERS)

Gold demand to remain strong as investors reassess risk, WGC says

3 min read . 29 Jan 2026

Gold and silver surged to record highs after the US Justice Department targeted the Federal Reserve in an investigation, fuelling fears over the bank's independence and raising demand for safe haven assets. (Photo: AFP)

Gold breaks through $4,600 on Fed concerns, haven boost

1 min read . 12 Jan 2026

An estimated 15% of EU recycling furnace capacity is currently idle due to insufficient domestic scrap availability, according to European Aluminium. Photo: Nic Antaya for WSJ

EU plans to curb aluminum scrap exports next year

1 min read . 18 Nov 2025

The Organization of the Petroleum Exporting Countries is working to revive more production.. REUTERS/Dado Ruvic/Illustration/File Photo (REUTERS)

OPEC sticks to oil demand forecast but flags fiscal concerns, trade uncertainty

2 min read . 13 Oct 2025

The IEA raised its estimates for OPEC+ supply growth by 370,000 barrels a day for this year and by 520,000 barrels a day for the next, reflecting a faster-than-anticipated unwinding of voluntary cuts. (File Photo: Reuters)

IEA lifts global oil supply forecast, signaling bigger surplus ahead

2 min read . 13 Aug 2025

OPEC’s global oil-demand growth forecast remained broadly unchanged at 1.29 million barrels a day this year. Photo: Leonhard Foeger/Reuters

OPEC sees lower supply growth from rivals, keeps demand outlook steady

2 min read . 16 Jun 2025

A view of Aramco's oil field in the Empty Quarter, Shaybah, Saudi Arabia. (File Photo: Reuters)

OPEC cuts oil demand outlook amid US tariff hit despite output hike

2 min read . 14 Apr 2025

Total supply is forecast to average 104.5 million barrels a day in 2025. (Image: Pixabay)

IEA says trade tensions weigh on oil demand, warns of supply surplus

3 min read . 13 Mar 2025

A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia. IEA estimates global demand to grow by 1.1 million barrels a day in 2025 from 1.05 million barrels a day previously, reaching a total of 104 million barrels a day on average. (File Photo: Reuters)

IEA slightly lifts oil demand outlook, says supply surplus narrowing

3 min read . 13 Feb 2025

OPEC still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, with strong air travel and road mobility boosting transportation fuel consumption. (Photo: Reuters)

OPEC sticks to oil-demand view, flags US trade policy risks

2 min read . 12 Feb 2025

The Vienna-based cartel still expects demand to grow by 1.45 million barrels a day this year. (REUTERS)

OPEC sticks to oil-demand view

2 min read . 15 Jan 2025

Oil began 2025 by rising to the highest level since November, boosted by a report of shrinking crude stockpiles in the US and bullish technical indicators. (File Photo: Bloomberg)

IEA trims oil-demand outlook, but still expects stronger growth this year

3 min read . 15 Jan 2025

The Paris-based organization now forecasts global demand to grow by 1.1 million barrels a day in 2025 from 990,000 barrels a day previously. Photo: Japan Petroleum Development Association via Bloomberg News

IEA lifts 2025 oil-demand forecast but expects growth to remain subdued

3 min read . 12 Dec 2024

The FAO food price index stands at its highest level since April 2023, but is still significantly below the record reached in March 2022 after Russia’s invasion of Ukraine. (Image: Pixabay)

Food prices reach 19-month high in November, UN says

1 min read . 06 Dec 2024

Total global demand is expected to average 102.8 million this year and 103.8 million barrels a day the next, as per IEA. (File Photo: Reuters)

IEA lifts 2024 oil demand forecast but trims 2025 projections

1 min read . 14 Nov 2024

Wind turbines and solar panels near Cagliari, on the island of Sardinia. (AFP/Getty Images)

Clean energy to outpace global demand growth, IEA says

2 min read . 16 Oct 2024

Demand is still seen at healthy levels overall, OPEC said. Photo: leonhard foeger/Reuters

OPEC further trims oil-demand outlook

1 min read . 14 Oct 2024

According to OPEC’s forecast, oil demand is estimated to reach 112.3 million barrels a day in 2029, a 10.1 million barrels a day increase compared with last year. (Image: Reuters)

Peak oil demand isn’t on the horizon, Opec says

4 min read . 25 Sept 2024

IEA estimates that global demand will grow by 970,000 barrels a day this year and by 953,000 barrels a day the next. Photo: Bloomberg

China’s oil-demand growth slowdown weighs on global outlook, IEA says

4 min read . 13 Aug 2024