Oil hit two-year highs. OPEC+ considers increasing production
The price of Brent crude oil has been above $75 a barrel. It is the most expensive since April 2019. Black gold is becoming more expensive...
India is crushing expensive energy commodities. They face a double deficit because of them
Balance of payments current account deficit and state budget deficit. These are two concomitant phenomena of the salubrious energy commodities that India imports from abroad,...
Rhodium price at 11-year high due to automotive industry
If you invested $100 to rhodium last year, you would earn $250 today
Price of this silver metal grew 2,5 times in a year.
Rhodium rose...
The European Union will impose duties on imports of Chinese, Taiwanese and Indonesian steel
The European Commission is preparing to impose duties on steel imports from these Asian countries on the basis of findings that China, Indonesia and...
The Canadian—Chinese Lithium War: Two interested buyers override their bids to buy Millennial Lithium
Canadian mining company Lithium Americas wants to buy its rival Millennial Lithium. It offered more than a Chinese battery manufacturer. Millennial Lithium shares strengthened sharply.
Between mining...
Oil prices swing both ways over Venezuela and Israel
Oil prices are swinging both ways today. Market sentiment is being influenced by expectations that easing US sanctions on Venezuela could bring more oil...
Firmer Financial Markets and Supply Cut Expectations Bolster Oil Prices
In combination to stronger financial markets, expectations that the OPEC cartel will continue to withhold oil supply has caused a surge in oil prices...
Joint oil alliance between the US and Saudi Arabia?
The Trump administration may be exploring options to convince Saudi Arabia to quit oil war with Russia
American miners suffer from the disputes the most.
Oil...
Chilean mining company SQM prepares giant expansion
SQM, a leading Chilean lithium extractor, wants to expand its operations not only in Chile, but also in Australia. It is due to decide in...
Oil price at eight-year high. The world fears a supply crunch due to the...
The development of the oil price on the world market is reminiscent of the period just before the outbreak of the financial crisis in...
