It’s taken a quarter of a century, but China finally has its own oil futures. At 9 a.m. local time on Monday, crude contracts began trading on the Shanghai International Energy Exchange. SEE MORE EU carbon allowances under the EU Emissions Trading System continued to climb Wednesday, hitting an intraday high of Eur14.10/mt in the morning session. SEE MORE The government of China has announced it is considering enforcing duties on 128 U.S. products, including a 15 percent duty on U.S. ethanol, in response to President Donald Trump’s decision to impose respective 25 percent and 10 percent tariffs on imported steel and aluminum products. SEE MORE As oil continues to pair Monday gains on soaring U.S. crude inventory, Barclays is calling a $51-per-barrel price on WTI by the third and fourth quarters of this year, and expects Brent to fall to $57 by the end of the year. SEE MORE When it comes to the special sauce of batteries, researchers at the Department of Energy's Pacific Northwest National Laboratory have discovered it's all about the salt concentration. SEE MORE