Day: February 12, 2026

IEA Lowers 2026 Oil Demand Growth Forecast

Paris: The International Energy Agency (IEA) has lowered its forecast for global oil demand growth in 2026, citing the impact of rising prices on consumption.

According to Qatar News Agency, in its monthly oil market report released today, the agenc…

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Mercedes-Benz Profit Halved in 2025

Berlin: German automaker Mercedes-Benz continued to record a decline in its profits and revenues during the year 2025. In a statement issued on Thursday, the company reported that profit in 2025 had fallen by around 49 percent from 10.4 billion

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