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Commodities
Copper and Gold up Ahead of Ukraine War
Copper and Gold up Ahead of Ukraine War
Copper prices rose on Thursday, anticipating that China will increase metal-intensive infrastructure building to offset the…
Russia’s Rosneft Failed to Sell Oil
Russia's Rosneft Failed to Sell Oil
Five traders reported on Monday that Russia's Rosneft failed to sell oil in a big tender after requiring prepayment in roubles,…
Oil Prices Opened Higher as The U.S. Dollar Rose
Oil Prices Opened Higher as The U.S. Dollar Rose
Oil prices opened slightly higher on Tuesday after falling sharply the previous session on fears that continued…
China Oil Giant CNOOC Soars in Shanghai Debut
China Oil Giant CNOOC Soars in Shanghai Debut
In defiance of overall market weakness, China's CNOOC Ltd saw its shares rise by 44 percent in its Shanghai debut on…
Oil Rises, Lower Supply from Russia
Oil Rises, Lower Supply from Russia
Oil prices climbed on Thursday amid supply concerns. The European Union (EU) is considering a potential ban on Russian oil…
China Steel Market Walks High
China Steel Market Walks High
China's iron ore and steel markets must juggle multiple diverse and contradicting elements to determine if the currently elevated…
China Will Continue to Reduce Its Crude Steel Output
China Will Continue to Reduce Its Crude Steel Output
On Tuesday, an official from China's state planner said that the country's crude steel output will be reduced…
Crude Exports Hit Near Two-Year High
Crude Exports Hit Near Two-Year High
In February, Arabia's crude exports increased to 7.307 million barrels per day (BPD), the highest level since April 2020.…
Shanghai copper scales over 1-month peak
Shanghai copper scales over 1-month peak
China's copper prices climbed to their highest level in more than a month on Friday, boosted by anticipation for more…
India’s Increasing Coal Dependence
India's Increasing Coal Dependence
India's demand for coal is rising. Even as the rest of the world shuns Russian goods, the Asian behemoth is eyeing Russian coal;…
Oil Prices Eased; Impact of Sanctions on Russian Oil
Oil Prices Eased; Impact of Sanctions on Russian Oil
Oil prices fell on Wednesday, reversing earlier gains. China and Japan released disappointing economic data,…
Germany Wants to Get Rid of Russian Oil by the End of 2022
Germany Wants to Get Rid of Russian Oil by the End of 2022
It is no secret that Europe imports oil and gas from the Russian Federation. However, the war in Ukraine…
Oil Up, Sanctions on Russian Supply
Oil Up, Sanctions on Russian Supply
Oil was up in Asia on Tuesday morning, reversing the previous day's losses. Investors are evaluating the likelihood of…
Oil Drops on Worries About Lockdowns in China
Oil Drops on Worries About Lockdowns in China
Oil prices fell more than $2 a barrel on Monday, marking the second consecutive weekly loss after world consumers…
EU Not Expected to Entirely Ban Russian Coal Imports
EU Not Expected to Entirely Ban Russian Coal Imports
The European Union's proposed ban on Russian coal imports will not force until August, a month later than…
Gazprom Faces Antitrust Moves in Germany
Gazprom Faces Antitrust Moves in Germany
Gazprom has resumed natural gas flows to China via its Sila Sibiri pipeline, easing fears that many Russian productions…
EU Proposes Ban on Russian Coal, Oil Sanction
EU Proposes Ban on Russian Coal, Oil Sanction
As part of a new wave of penalties on Russia for its aggressive invasion of Ukraine, the European Commission suggested…
Oil Prices Rose
Oil Prices Rose
On Tuesday, oil prices surged as the U.S. and Europe prepared new penalties to punish Russia for alleged war crimes in Ukraine, heightening fears of…
Massive Boost to Australia’s Commodities
Massive Boost to Australia's Commodities
Russia's invasion of Ukraine on commodity prices chiefly concentrated on crude oil and natural gas in Europe. Still, a…
Humanitarian Situation and Russia in G20
Humanitarian Situation and Russia in G20
Excluding Russia from the Organisation of 20 major economies and other international institutions, according to the…