March 13, 2025

IEA sees global oil market surplus for 2025 as demand disappoints

Intern11 months ago05 mins

International Energy Agency Lowers 2025 Oil Demand Growth Forecast The International Energy Agency (IEA) recently announced a revision in its forecast for global oil demand growth in 2025. The agency has decreased its projection by 70,000 barrels per day (bpd) to approximately 1 million bpd. This adjustment highlights a shift in the anticipated trajectory of…

Singapore court sets high bail for three men accused of US$390 million Nvidia chip fraud

Intern11 months ago03 mins

Three Men Accused of US$390 Million Nvidia Chip Fraud Three men, consisting of two Singaporeans and a Chinese national, have been implicated in a fraud case involving the movement of Nvidia chips amounting to US$390 million. The accused individuals are facing allegations of defrauding Dell and Super Micro by purportedly making false claims in 2024…

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IEA sees global oil market surplus for 2025 as demand disappoints

Singapore court sets high bail for three men accused of US$390 million Nvidia chip fraud