05:00 PM @ 02/06/2023
At 459.7 million barrels, crude oil inventories in the U.S. are around 2% below the five-year average for this time of the year.
Last week’s change compares with a substantial draw of 12.5 million barrels for the previous week, which caused prices to jump but only for a short while.SEE MORE04:44 PM @ 02/06/2023
Iraq, OPEC’s second-largest oil producer, exported on average 3.3 million barrels per day (bpd) of oil in May, flat compared to April, according to the Iraqi oil ministry.SEE MORE02:43 PM @ 01/06/2023
Agencies have recently launched fiscal and monetary policies expected to serve as a strong push to help the economy escape the risk of growth decline.SEE MORE03:44 PM @ 31/05/2023
Carbon prices under the EU Emissions Trading System slid to four-month lows as meagre compliance-driven demand along with lower gas and power prices weighed on the market.SEE MORE03:16 PM @ 31/05/2023
The Cobalt Institute's 2022 market report shows that cobalt will continue to play a key role in the energy transition, with demand doubling by 2030.SEE MORE