A “super-accelerated” drawdown of drilled, uncompleted wells could rapidly boost US oil production, with a new Rystad Energy analysis suggesting the Permian Basin alone could see an immediate 183,000 barrels per day (bpd) increase, alongside an additional 56,000 bpd from other regions. Achieving this scenario would likely exceed theoretical limits, as it would require the
The ongoing LPG crisis in India, triggered by the Iran war, has exposed the country’s deep dependence on fuel imports. “This is a wake-up call,” Alok Kumar, former power secretary in the Union Ministry of Power, India, and current DG of All India Discoms Association, told Invezz. “It’s good that we discuss this and the
Li Lu may not be a household name for retail investors, but in the halls of Berkshire Hathaway, he is revered. Born in China and shaped by the 1989 student protests, Lu eventually found his calling at Columbia University after hearing a lecture by Warren Buffett. His investment firm, Himalaya Capital, now manages $3.5 billion
A growing share of Gen-Z (defined as those born between 1997 and 2012) is stepping away from work and education at the same time that debt burdens are rising and wages are struggling to keep up with living costs. Across major economies, millions of young people are now classified as NEETs, meaning they are not in
Germany is in the midst of a slow-motion economic unravelling — one that is almost entirely self-inflicted. Once the uncontested engine of European prosperity, the country now posts some of the weakest growth among advanced economies, has watched its industrial base wither, and faces a political crisis driven by a governing class too timid to
Unilever share price remains in a technical correction after falling by 13% from its highest point this year. It has dropped to 4,800p from the year-to-date high of 5,492p, as investors focus on its upcoming turnaround. Unilever is considering spinning off its food business Unilever, one of the biggest players in the fast-moving consumer goods
Tencent reported stronger-than-expected results for 2025, with revenue surpassing analyst estimates as artificial intelligence plays a larger role across its business lines. The Chinese technology group is increasingly utilising AI to refine advertising, enhance gaming engagement, and expand its cloud computing unit. The performance highlights how Tencent is evolving beyond its traditional gaming dominance while
The US Federal Reserve meeting outcome later on Wednesday is unlikely to deliver any kind of momentum to gold prices, according to experts. Gold prices on COMEX slipped below the crucial level of $5,000 per ounce on Wednesday, and have not breached the mark again so far. Prices had been trading around the $5,000 mark
US stock futures edged higher on Wednesday as investors turned a bit optimistic with reducing oil prices ahead of the Federal Reserve rate decision today. Futures linked to the Dow Jones Industrial Average were up about 240 points, or 0.5%. The S&P 500 and Nasdaq 100 futures also gained roughly 0.5% and 0.7%. This comes
Software stocks are showing early signs of recovery after months of heavy selling, with analysts debating whether the sector has reached a lasting bottom. The S&P 500 software index logged its strongest weekly performance since May 2025 last week, while the iShares Expanded Tech-Software Sector ETF (IGV) has rebounded about 10% from its February low.