The law of supply and demand explains how changes in a product's market price relate to its supply and demand. Demand for basic necessities is less responsive.

The world's demand for gold hit another record high in 2024 amid robust central bank purchases and investment demand growth, the World Gold Council said in its annual report. Total gold transactions ...

OPEC sees global oil demand growth this year at just over 2 million barrels per day. In its latest assessment, the IEA believes growth would be below 1 million bpd this year. The chasm between the two ...

After decades of stable electricity demand in the US, a new report from ICF (Nasdaq: ICFI) predicts a significant surge starting this decade. The global consulting and tech services provider’s new ...

Feb 2 (Reuters) - Banks expect demand for business loans across all categories to strengthen this year after improving last quarter, a Federal Reserve survey showed on Monday, with most lenders saying ...

Memorial Day is first and foremost a time for Americans to honor the men and women who died serving our country. It has also become the unofficial kick-off to summer – and grilling season, stimulating ...

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. Global demand for crude oil is projected to continue increasing until at least 2032, according ...