04:05 PM @ 09/04/2024
Global oil markets are on track to be “extremely tight” in the second half, with prices rising to a level that will eventually constrain demand if OPEC doesn’t bring back more supply, said the head of commodities at hedge fund Citadel.SEE MORE03:56 PM @ 09/04/2024
“The intermediate market is seeing weak demand whilst supply continues to pick up, the Red Sea freight issues are keeping things relatively stable now though,’’ a trader said.SEE MORE03:44 PM @ 09/04/2024
Russia, one of the world’s largest oil suppliers, has increasingly turned to non-Western firms to transport its crude to overseas buyers during its ongoing war with Ukraine.SEE MORE01:01 PM @ 09/04/2024
Researchers at the US National Renewable Energy Laboratory (NREL) have developed a technology that reveals how heaters powered by renewable energy sources like wind and solar can raise the temperature of sand particles, which can then be deposited into silos for storage and later use.SEE MORE12:54 PM @ 09/04/2024
Chinese coal prices are likely to keep falling until the start of the peak summer season, suppressing imports of the fossil fuel and taking a toll on the country’s miners.SEE MORE
