• How Long Will the Oil Price Rally Last?

    04:18 PM @ 07/08/2023
    It’s been a wild week for oil prices. First soaring on news of the biggest U.S. inventory draw in years, benchmarks later slumped just as sharply when Fitch downgraded the United States’ credit rating from AAA to AA+.
    SEE MORE
  • China's Rare Earth Metals Ban Hits US Chip Trade Restrictions Where It Hurts

    02:54 PM @ 07/08/2023
    Peter Arkell, chairman of the Global Mining Association of China who has been running a consulting business in the PRC for almost 20 years, said that Beijing's restrictions on the export of rare earth metals were a predictable response to Washington's trade war.
    China's curbs on rare earth metals to Western microchip makers comes as no surprise after a year of US-led sanctions, says a mining expert.
    SEE MORE
  • Seven-month budget collection from export-import down nearly 20%

    06:05 PM @ 06/08/2023
    State budget collection in the first seven months of this year stood at VND211.23 trillion (US$8.89 billon), equivalent to 49.7% of the estimate, down 19.6% year-on-year, the General Department of Vietnam Customs reported on August 3.
    SEE MORE
  • Why the gold price struggles to stay above $2,000

    03:09 PM @ 06/08/2023
    Gold tends to perform well during periods of elevated uncertainty about economies and financial systems —something the world has seen a lot of in recent times. Yet each time the metal rallied above $2,000 an ounce, it quickly falls back below that level.
    SEE MORE
  • Nutrien freezes potash output ramp up, US ammonia project on weak market

    02:13 PM @ 06/08/2023
    Nutrien, the world’s largest potash producer, is indefinitely pausing plans for ramping-up output and will halt work on its clean ammonia project at Geismar, Louisiana, in response to market conditions.
    SEE MORE