05:18 PM @ 07/12/2022
Most fertilizers prices are to remain high by historical standards but urea values will end 2022 lower than previously expected on the back of capacity expansions, US credit rating agency Fitch said on Tuesday.SEE MORE05:03 PM @ 07/12/2022
Due to the fluctuations in the global energy market that could last until next year, the Ministry of Industry and Trade (MoIT) is making efforts to ensure the supply of petroleum products in the domestic market.SEE MORE05:03 PM @ 07/12/2022
A price cap on Russian oil of $60 per barrel, agreed by the European Union, G7 nations and Australia, came into effect on 5 December. The EU's embargo on maritime imports of Russian crude also came into force on the same day. Moscow has made it clear that it will not bow to the Group of Seven demands.SEE MORE04:45 PM @ 07/12/2022
Earlier this week, Russia’s Deputy Prime Minister Alexander Novak warned that the introduction of a price cap on Russian oil can only lead to a decrease in global investments in the industry, which in turn will lead to an increase in prices.SEE MORE04:27 PM @ 07/12/2022
Vietnam exported roughly 1.86 million tonnes of rubber worth US$2.93 billion during the 11-month period, representing a rise of 9.1% in volume and 3% in value compared to the same period from last year, according to the Agro Processing and Market Development Authority.SEE MORE
