The world consumption grew 6.6%, on a year-to-year basis, to 10.653 million tonnes from January 2018 to September 2018; While, the world production recorded a slower growth at 1.5% to 9.779 million tonnes, on a year-to-year basis. This resulted to a supply deficit of 874,000 tonnes during the same reference period based on these statistics.
BENGALURU (Reuters) - The outlook for global growth in 2019 has dimmed for the first time, according to Reuters polls of economists who said the U.S.-China trade war and tightening financial conditions would trigger the next downturn.
SYDNEY (Reuters) - Asian share markets fell anew on Monday as investors braced for the peak of the U.S. earnings season while angst over Saudi Arabia, Italy and Brexit kept geopolitics front and center.
SINGAPORE (Reuters) - Oil prices were stable on Monday, supported by supply concerns ahead of the start of U.S. sanctions against Iran’s crude exports, but held back by rising drilling activity in the United States.
HOUSTON (Reuters) - Oil prices fell on Thursday as investors’ concerns returned to the impact an escalating trade row between China and the United States will have on oil demand growth and data showing ample supplies.
SHANGHAI (Reuters) - Stocks in Asia fell on Friday as global sentiment soured on issues ranging from trade worries, Italy’s 2019 budget, higher U.S. interest rates and growth concerns in China that led to a slump in Chinese shares in the previous session.
