Global energy demand is predicted to grow by more than a quarter between 2017 and 2040, according to the International Energy Agency's (IEA) World Energy Outlook 2018 on Tuesday. The IEA's report showed that population growth with an extra 1.7 billion people mostly in the urban areas of...

Saudi Arabia, the world's top crude exporter, said Sunday it will cut oil output from next month, as major producers held a key meeting to discuss shoring up sliding prices. Saudi Energy Minister Khalid al-Falih announced the kingdom was cutting its supplies by 500,000 barrels per day from...

Australia's central bank on Thursday said the economy was "performing well" and lifted its growth outlook while keeping interest rates at a record low but warned there were concerns about global trade. The announcement comes as worries also begin to emerge about the country's once...

Air France-KLM, hit badly earlier this year by strikes and management upheaval, reported Wednesday its third quarter net profit jumped nearly 23 percent year-on-year to 786 million euros ($900 million). Ben Smith, who took over the reins in September, said the airline could look forward...