While the lithium-ion battery is currently a hot topic in the battery space, the lead-acid battery is still in high demand. In fact, according to a report, the global lead-acid battery market is expected to reach US$84.46 billion by 2025. SEE MORE Demand has finally started to outstrip supply for nickel, but the market will require multi-year deficits to draw down the significant glut of excess metal that has been built up in warehouses. SEE MORE Global demand for oil is likely to moderate this year, as the price of crude nears $80 a barrel and many key importing nations no longer offer consumers generous fuel subsidies, the International Energy Agency said on Wednesday. SEE MORE Global oil supply demand was revised down due to rising prices, the International Energy Agency said in its latest forecast on Wednesday. SEE MORE Base metals prices on the London Metal Exchange were on divergent paths on the morning of Tuesday May 15, with copper, nickel, lead and tin down by between 0.2% and 0.6%, while aluminium was unchanged and zinc prices had rebounded by 0.7%. SEE MORE