Wednesday , 17 December 2025

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India oil demand growth rebounds from 4-year low

Bloomberg India’s oil demand growth in 2018 rebounded from the slowest pace in four years as the country recovered from the shock of a cash ban and the roll out of a national sales tax. The nation’s consumption of petroleum products rose 4.1 percent to about 210 million tonnes, the Oil Ministry’s Petroleum Planning and Analysis Cell said. Growth improved …

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China plans subsidy-free solar, wind pilot projects

Bloomberg China will start building pilot wind and solar power projects that won’t receive national government payments as it pushes to improve the competitiveness of renewable energy and rein in subsidy bills. Shares of solar manufacturers surged in New York and Hong Kong. Power prices from these pilot projects will be the same or lower than from coal-fired plants, the …

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Amsterdam’s house prices set to hit record

Bloomberg Amsterdam’s homes are going for record prices as more expats move into the city. House prices in the Amsterdam region rose 8 percent in the fourth quarter compared to the year earlier, statistics from realtors association NVM sho-wed. The median transaction price was 448,000 euros ($517,000), a new record. Although the pace of the rise was the slowest in …

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