Other Commodities
There is a bright future for natural gas stocks
After an epic, pandemic-induced crash in 2020, the US stock market has returned to winning ways and is experiencing another record season this year. The S&P 500 has already gained 16.0% in the year to date and is constantly marking new all-time highs. However, …
Chinese data on oil markets lacks transparency
For the first time in eight years, China recorded a year-over-year decline in crude oil imports in the first half of the year, sparking fears in the market that the world's largest oil importer's purchases in the coming months may not be conducive to oil. At …
OPEC+ announces supply boost
OPEC + ministers on Sunday agreed to increase oil supplies from August to cool prices, which have soared to 2-1 / 2-year highs, as the global economy recovers from the coronavirus pandemic. The group, which includes OPEC countries and allies like Russia, …
Wallstreet finally loves oil again
Crude oil has had a great 2021 so far - a very different situation than last year, when the pandemic destroyed demand for all commodities and triggered a price drop that lasted well into 2020. Now the raw materials are back with full force, and nowhere is this …
Chinese oil imports fall in June
China's crude oil imports fell to about 9.77 million barrels a day last month, a 2 percent decrease from May and the lowest monthly figure since the beginning of the year, Reuters reported, citing customs data. In the first half of the year, China imported …
Falco Resources announces cooperation with Glencore
Falco Resources Ltd. \\\[FPC-TSXV\\\] said Monday that there is an agreement in principle with Glencore Canada Corp. on the development and operating license of Falco's flagship Horne 5 gold project in Rouyn-Noranda, Quebec. Falco said the agreement sets the …
Qatar sees peak natural gas demand only in 2040
One of the world's largest exporters of liquefied natural gas (LNG), Qatar, expects global natural gas demand to peak sometime around 2040, Bloomberg reported Monday, citing a Qatar Petroleum bond prospectus it had seen. According to Qatar's state giant, …
Eric Zaunscherb to become new GR Silver Chairman
GR Silver Mining Ltd. \\\[GRSL-TSXV, OTCQB, GPE-Frankfurt\\\] announced on Monday that it has appointed Eric Zaunscherb as the company's non-executive CEO with effect from July 1, 2021. Zaunscherb, who has been a director of GR Silver since April 2020, is a …
Overseas Uranium Shareholders agree to sale of JCU Exploration
UEX Corporation \\\[UEX-TSX; UEXCF-OTC\\\] has been informed that the shareholders of Overseas Uranium Resources Development Co., Ltd. (OURD) have agreed to sell OURD's wholly owned subsidiary, JCU (Canada) Exploration Company, Limited, to UEX. UEX will …
Maduro pushes negotiations with the United States
Venezuela's Nicolas Maduro has been waiting for the Biden administration to negotiate a deal that would bring relief to US sanctions against the country with the world's largest oil reserves, he said in an interview with Bloomberg Television. Venezuela's oil …