Red Sea Crisis Adds 100,000 Bpd to Global Oil Demand Commodities March 22, 2024 The threat of attacks by Yemeni Houthis on vessels crossing the Red Sea have added 100,000 bpd to global oil…
India’s Largest Refinery Shuns Russian Crude Carried on Sovcomflot Tankers Commodities March 22, 2024 India’s largest refiner, Reliance, has stopped buying crude oil sourced from Russia and carried on tankers owned by Sovcomflot as…
Republican Lawmakers Blame IEA for Straying From Energy Security Mission Commodities March 22, 2024 Congress leaders from the Republican Party have sent a letter to Fatih Birol, the executive director of the International Energy Agency, expressing…
Chevron has agreed to pay California over $13 million in fines for dozens of oil spills in the state Commodities March 22, 2024 Chevron has agreed to pay more than $13 million in fines for dozens of past oil spills in California. The…
China’s CNOOC Saw Profits Plunge in 2023 Due to Lower Oil Prices Commodities March 22, 2024 China’s state-held oil and gas giant CNOOC said on Thursday that its net profit for 2023 slipped by 12.6% from a record-high…
Analysis-Brazil heading to rare sequence of rising coffee crops By Reuters Commodities March 22, 2024 2/2 © Reuters. FILE PHOTO: The robusta coffee fruits are seen in Sao Gabriel da Palha, Espirito Santo state, Brazil…
What is the price of gold and what does it have to do with the Fed? Commodities March 22, 2024 Gold may not underpin the value of currencies or lure in the average investor like it once did, but the…
ING Sees Oil Prices Rising Further on Supply Risk Commodities March 22, 2024 Oil markets will continue to tighten in the second and third quarters amid growing supply risks including the rollover of…
European Investment Bank should finance nuclear, Belgium PM De Croo says By Reuters Commodities March 22, 2024 © Reuters. Belgium’s Prime Minister Alexander De Croo attends the IAEA Nuclear Energy Summit in Brussels, Belgium, March 21, 2024.…
Asia Distillates-Market slightly more volatile, more South Korea-origin cargoes on offer Commodities March 22, 2024 Asia’s middle distillates markets were volatile through the day on Thursday, despite slightly slowing activity in the open spot market,…
