04:18 PM @ 09/12/2022
From our Fastmarkets NewGen Long-Term Forecasts, we know that demand for electric vehicles (EVs) and therefore battery materials will be second to none across this decade and beyond. However, we are also broadly expecting supply to keep up with demand over the next ten years. This is not to say that we may not see periods of deficit, but we also expect to see some periods of surplus.SEE MORE03:36 PM @ 09/12/2022
The Ministry of Finance has sought to keep the environmental protection tax on fuels at the lowest levels, proposing the Government submit a draft resolution to this effect to the National Assembly’s Standing Committee.SEE MORE04:34 PM @ 08/12/2022
The G7's $60 price cap on Russian crude came into force on December 5, sending oil prices 3% higher. However, energy experts told Sputnik that this might only be the beginning of the rise in petroleum costs.SEE MORE04:13 PM @ 08/12/2022
Iron ore futures rebounded on Thursday as higher imports into China suggested improving demand, with easing COVID restrictions in the country boosting hopes for a rise in consumption.SEE MORE03:53 PM @ 08/12/2022
Crude oil futures spent much of 2022 surging, as demand for transportation fuels to travel returned while Russia's invasion of Ukraine and production cuts from the world's largest oil-producing nations and their allies (OPEC+) squeezed supply.SEE MORE