The International Energy Agency (IEA) has lowered its 2026 global oil supply forecast by 6%, expecting a decline of 5.7 million barrels per day compared to 2025, due to ongoing conflict in Iran delaying Middle East oil flows. It also revised down global oil demand for 2023, now predicting a drop of 2.5 million barrels per day, worsened by geopolitical tensions including attacks near the Strait of Hormuz and the Yemen conflict. The IEA warns that shrinking inventories and strained refining capacity could tighten markets further, emphasizing the need for diplomatic progress to avoid worsening supply constraints and demand destruction. Oil prices remain volatile, with benchmarks near $100 per barrel amid these tensions.
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...
NEAR Protocol's price fell 7.57% to $4.91 on October 23, 2026, driven by a broader market sell-off in technology and chip stocks on Wall Street and sustained high oil prices above $111 per barrel. This risk-off sentiment caused investors to pull mone...
