11:49 PM @ 14/02/2023
A blistering Pound for pound, the batteries used in laptops, phones and tablets contain much more cobalt than EV batteries, and demand from the industry has fallen about 30% to 40% over the past yearrally in the cobalt market is turning into a rout, putting pressure on miners and offering tentative cost relief for carmakers after a surge in battery metal prices last year.SEE MORE11:39 PM @ 14/02/2023
Denmark, Germany, the Netherlands, Estonia, Finland, Luxembourg and Latvia have warned Brussels not to rush into major changes to the European Union's electricity market in response to the energy crisis, calling instead for limited tweaks to the system.SEE MORE02:01 PM @ 14/02/2023
Oil prices fell on Tuesday after the U.S. government said it would release more crude from its Strategic Petroleum Reserve (SPR) as mandated by lawmakers, defying expectations from some traders that the release could be cancelled or delayed.SEE MORE10:37 AM @ 14/02/2023
Oil prices edged higher on Monday, rebounding from early losses, as investors weighed Russia's plans to cut crude production and short-term demand concerns ahead of U.S. inflation data this week.SEE MORE03:38 PM @ 13/02/2023
Earlier on Friday, Russia’s Deputy Prime Minister Alexander Novak stressed that Moscow’s move to "voluntarily" reduce oil production by 500,000 barrels per day next month aims to help “restore market relations” in the wake of the EU’s price cap on Russian oil.SEE MORE
