03:44 PM @ 28/04/2023
Europe has managed to reduce natural gas consumption by more than the targets set last summer, but it may have to cut a lot more demand this year and in the coming years to offset the lack of Russian pipeline gas supply, avoid shortages, and balance the gas market.SEE MORE03:38 PM @ 28/04/2023
In response to the IEA’s warning made on Wednesday that OPEC should be careful not to cut too much production lest they jack up prices too high, the Organization of the Petroleum Exporting Countries (OPEC) issued a warning of its own to the IEA: your calls to stop investing in oil and gas is what could lead to future price volatility, OPEC said in a Thursday statement.SEE MORE03:30 PM @ 28/04/2023
Asian metallurgical coal prices are expected to soften in the second quarter as supply disruptions in Australia are set to ease on warmer weather, while China's demand outlook is mixed amid uncertain steel requirements and the country resuming Australian coal imports after a near two-and-a-half-year pause.SEE MORE03:15 PM @ 28/04/2023
The U.S. dollar dropped against the Vietnamese dong on the black market Friday morning.SEE MORE02:50 PM @ 28/04/2023
Japanese trading house Toyota Tsusho Corp is concerned that there may be more moves by countries like Chile to restrict exports of raw minerals such as lithium, its chief financial officer said on Thursday.SEE MORE