Infrastructure serves as the foundation of contemporary economies, comprising a diverse array of physical assets essential for the operation of both societies and enterprises
Industry
Middle East conflict escalation could send oil prices soaring
A major flare-up in Middle-East conflict could stoke global inflation and drive oil prices above US$100/bbl, according to the World Bank’s latest Commodity Markets Outlook
IPCO to showcase extrusion and cooling systems for powder coating at the American Coatings Show
Industrial process systems company IPCO will showcase its extrusion, cooling and flaking systems for powder paint production at the American Coatings Show 2024, taking place from 30 April-2 May in Indianapolis
Complex picture for the oil market: Westwood Energy
Demand is likely to determine the trajectory of the oil industry over the next few years, and global oil undersupply is unlikely, says Ben Wilby, senior analyst – Onshore Energy Services, Westwood Energy
Oil prices remain high
Oil prices continue to hover around the US$90/bbl mark as of 8 April, as a result of the geopolitical instability in the Middle East, robust demand and OPEC+ supply restraint