Other Commodities
China calls for improvement in coal transport
China's top economic planner on Wednesday said rail companies and local authorities should step up coal transportation in key areas, including the northeast region, and ensure stable supplies for power generation.
Shale gas from the USA cannot help Europe
If there is one country that could have saved Europe from its energy crisis, it is the US - home to huge shale gas fields with seemingly infinite supplies of natural gas and gigantic terminals capable of supplying the gas liquefy and transport abroad.
Iran and Venezuela sign oil export agreements
Venezuela has agreed to a major deal to swap its heavy fuel oil for Iranian condensate, which it can use to improve the quality of its tar-like crude. The first loads should arrive this week, according to five people who are familiar with the business.
Equinox Gold Reports Mine Expansion Study in Brazil
Equinox Gold Corp. [EQX-TSXV, EQXGF-OTC] announced Monday the results of a Pre-Feasibility Study (PFS) for the expansion of the Company’s 100% owned Aurizona Gold Mine in Brazil.
Gas price hike: just another headwind for the global economy
Rising gas prices, which are driving up heating bills for the winter, affecting consumption and exacerbating a short-term surge in inflation, are another blow to the global economy, which is just bouncing back after the coronavirus shock.
Great Britain wants to get the effects of rising gas prices under control
The UK said on Saturday that it would work with the energy industry to curb the impact of rising gas prices after fears emerged that other utilities and food producers would be unable to cope with the high costs. Economy Minister Kwasi Kwarteng said he had …
Oil at one-week high as US supply concerns dominate
Oil prices rose more than 1% on Monday, supported by concerns about production stoppages in the United States due to the damage from Hurricane Ida, with analysts expecting prices to remain within a range in a stable market for the coming months will move. …
Oil stable as the delta variant weighs on recovery in demand
Oil prices remained stable on Thursday as the delta variant of the coronavirus continues to weigh on demand prospects, offsetting a decline in U.S. production in the Gulf of Mexico due to the damage caused by Hurricane Ida. Brent crude rose 4 cents 0901 GMT to …
Brent crude oil futures drop 39 cents
Oil prices fell Monday after Saudi Arabia slashed crude oil contract prices for Asia, rekindling concerns about the demand outlook. The Brent crude oil futures fell 39 cents to close at $ 72.22 a barrel. The US crude oil West Texas Intermediate last traded 40 …
Southern Copper and Las Bambas called on to aid Peru’s mining manufacturing mission
The Peruvian Mining Minister Ivan Merino recently announced in an interview that the country is asking the Chinese MMG Ltd Las Bambas and the Mexican Grupo Southern Copper to help develop a railway line to the Pacific coast. The project, which would connect …