Oil prices fell after OPEC and the International Energy Agency cut their 2026 global oil demand forecasts, signaling weaker future consumption. Brent crude dropped to $88.42 per barrel and WTI to $82.95. The market also faced pressure from rising US crude inventories and ongoing attacks on shipping routes in the Middle East, including the Strait of Hormuz and Bab el-Mandeb Strait, which are vital for oil exports. These developments add uncertainty to supply and demand dynamics as talks to end the Iran conflict stall.
Sika AG posted a 4.8% sales increase in local currencies for the first nine months of 2026, reaching CHF 8.71 billion despite currency headwinds. The company saw organic growth of 3.5% and improved material margins to 55.4%, with EBITDA rising 1.9% t...
Sika reported a 4.8% sales increase in local currencies for the first nine months of 2026, reaching CHF 8.71 billion despite a negative currency effect. The company improved its material margin to 55.4% and maintained an EBITDA margin of 19.2%, with ...
Aduro Clean Technologies announced its participation in five major industry and investor conferences from October to December 2026. The company will showcase progress in its Hydrochemolytic™ technology for recycling plastics and upgrading crude oils,...
Aduro Clean Technologies announced it will participate in five conferences between October and December 2026, engaging with industry professionals and institutional investors. Key topics include updates on their Hydrochemolytic™ technology for recycl...
On October 22, U.S. Bitcoin ETFs experienced a net inflow of 5,776 BTC, indicating increased investor interest in Bitcoin. In contrast, Ether ETFs recorded net outflows of 4,422 ETH, showing a decline in investor holdings for Ether on the same day. O...
