Oil Prices Expected to Drop

03 Oct 2024 CW Team

Oil prices are poised to decline for the third consecutive month, reflecting a complex interplay of global economic conditions and geopolitical tensions in the Middle East. Despite the potential for supply disruptions from ongoing conflicts, market sentiment has been largely influenced by weakening demand signals from major economies. The International Energy Agency (IEA) and other analysts note that high interest rates and economic slowdown are contributing factors to reduced oil consumption.

In recent weeks, data indicating slower economic growth has raised concerns about the sustainability of oil demand, particularly as inflationary pressures persist. Consequently, oil prices have reacted negatively, with market participants adjusting their expectations for future demand. Additionally, the prospect of increased production from OPEC and other oil-producing nations further adds to the supply picture, leading to an oversupply situation that keeps downward pressure on prices.

Traders are closely monitoring the situation, as any significant changes in geopolitical dynamics or economic indicators could quickly alter the current trends. While the geopolitical landscape remains volatile, the current market conditions suggest that prices are unlikely to rebound in the immediate term. Analysts predict that unless there are substantial disruptions to supply or a major shift in demand dynamics, the downward trend in oil prices may continue, creating a challenging environment for oil producers.

Infrastructure Urban

29 Oct 2025

Designing Tomorrow: Amaravati’s Net Zero Landmark

Amaravati has achieved a defining landmark in India’s sustainable infrastructure journey with the inauguration of the APCRDA Project Office, the nation’s first government building to earn the IGBC Net Zero Energy Rating – Design Stage. Conceptualised by the Andhra Pradesh Capital Region Development Authority (APCRDA) and certified by the Indian Green Building Council (IGBC), the project exemplifies how governance, design and innovation can converge to deliver measurable environmental impact.A vision rooted in sustainabilitySet within a 4.3-acre site along the Seed Access Road in the Amar..

Pidilite Elevates Construction with PPS

Pidilite Industries introduced Pidilite Professional Solutions (PPS) — a dedicated vertical for the construction and interiors ecosystem — at ACETECH Bengaluru 2025. Designed to empower architects, developers, contractors, and interior specialists, PPS delivers comprehensive support that extends far beyond products to ensure project excellence from concept to completion. Kavinder Singh, Joint Managing Director, Pidilite Industries, noted, “At Pidilite, we believe in enabling the construction fraternity to build boldly and sustainably. With Pidilite Professional Solutions (PPS),..

Punjab, Centre Fast-Track Rajpura-Mohali Rail Line Development

The central government has fast-tracked the construction of the Rajpura-Mohali rail line to enhance connectivity in Punjab. This ambitious infrastructure project, aimed at improving transportation links between Rajpura and Mohali, has been identified as a key step in fostering regional economic growth. Union Minister for Railways, Ashwini Vaishnaw, announced the project’s acceleration during a recent assessment of the area. The rail line is expected to play a significant role in reducing travel time, promoting industrial growth, and boosting logistics efficiency in the region. The project,..