WTI and Brent crude oil prices are testing their 52-week moving averages as OPEC+ approved a fifth consecutive monthly production increase and tensions in the Strait of Hormuz ease following a U.S.-Iran interim agreement. Despite these factors, crude remains in a downtrend with analysts from Goldman Sachs and J.P. Morgan lowering their price forecasts due to expanding supply, slowing demand growth, and weaker Chinese consumption. Market watchers are focusing on upcoming EIA inventory data and OPEC/IEA demand updates for clues on potential price reversals or further declines. A sustained move above the 52-week moving average could trigger a short-term rally, but significant resistance levels remain ahead.
A three-day online training on Pharmaceutical Regulatory Affairs in Asia is scheduled for October 20-22, 2026, aiming to help professionals understand diverse regulatory requirements across major Asian markets including China, India, Korea, and ASEAN...
The global workwear market, valued at $265.12 billion in 2025, is expected to grow to $344.71 billion by 2031 with a 4.5% CAGR. Growth is fueled by rising corporate employment worldwide, especially in Asia-Pacific, and increased focus on professional...
The global microalgae-based aquafeed market is projected to grow from $320 million in 2026 to $481 million by 2031, at an 8.5% CAGR. Key growth drivers include rapid cost reductions in closed photobioreactor farming, making algae competitive with fis...
The global consumer finance market is projected to expand from $9.87 trillion in 2025 to $14.08 trillion by 2031, growing at a 6.17% CAGR. Key growth drivers include embedded finance at point-of-sale, which boosts credit uptake by integrating lending...
Xcel Brands has signed a licensing agreement with KBL Group to produce ready-to-wear collections for OFF/DUTY by Coco Rocha, a fashion brand created with supermodel Coco Rocha. KBL Group will handle sourcing, product development, manufacturing, and s...
