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LME's Russian Metal Ban Reshapes Global Trade Dynamics
9+ hour, 18+ min ago —...Metal Exchange’s ban on newly produced Russian aluminum, copper,... ...an even more significant buyer of Russian metals following the London... ...A recent report in the South China Morning Post said the move by... ...The LME ban leaves the Shanghai Futures Exchange as the only major...
Nigeria To Launch Crude Trading at its Commodity Exchange
15+ hour, 18+ min ago —...Akeredolu-Ale, the chief executive of the Lagos Commodities and... ...oil production for trading on its commodities exchange, Akinsola... ...Earlier this week, the Nigerian Upstream Petroleum Regulatory Commission... ...’s chief executive Gbenga Komolafe....
U.S. Sanctions on Venezuela Snap Back Into Place
18+ hour, 28+ min ago —...Nicolas Maduro was given every opportunity to comply with the conditions... ...granted Venezuela last October expired, and the Biden administration... ...to the Sudanese paramilitary forces), and the Central African Republic... ...over the paramilitary Rapid Support Forces, and vice versa....
U.S. Drilling Activity Inches Up
13+ hour, 7+ min ago —...rose this week, according to new data that Baker Hughes published... ...total number of active drilling rigs for oil and gas in the United States... ...The count in the Eagle Ford stayed the same this week after falling... ...after the markets processed the most recent developments in the Middle East...
Bi-Partisan E15 Gasoline Bill Introduced in House
13+ hour, 48+ min ago —..., Nebraska, Ohio, South Dakota, and Wisconsin.... ...Specifically, the bill targets Illinois, Iowa, Minnesota, Missouri... ...Output for OPEC+ Japan Loads the World’s Biggest Nuclear Reactor... ...allowed year round in those specific states. if(window.innerWidth Reid...
Soaring Russian Oil Imports Drag OPEC’s Market Share in India to a Record Low
18+ hour, 48+ min ago —...and Middle East supply to India to a record low, Reuters reported... ...Soaring Russian Oil Imports Drag OPEC’s Market Share in India to... ...non-OPEC producer Russia. ... ...bill for the 2022/2023 fiscal year, provisional data from the Indian Oil...
Oil Traders Hedge Geopolitical Risk With Record Options
18+ hour, 28+ min ago —...a Record Low Master limited partnerships (MLPs) were… Tohoku University... ...its six-month waiver expired on 18 April, with the White House providing... ...basins in Appalachia, Illinois Basin, and Powder River. - With the... ...China Pulls Ahead as World’s Wind Power Leader - Cementing Beijing...
Profit Taking Is Putting Downward Pressure on Oil Prices
18+ hour, 28+ min ago —...a Record Low Russia continues its assault on… China is raising from... ...Soaring Russian Oil Imports Drag OPEC’s Market Share in India to... ...Energy Information Administration (EIA) reported a surprising rise... ...were less impactful compared to the immediate issues in the Middle East...
International Oil Drilling Boosts SLB’s Net Profit in Q1
17+ hour, 48+ min ago —...International Oil Drilling Boosts SLB’s Net Profit in Q1 Javier Blas... ...analyzes the impact… from the moment the oil… SLB (NYSE: SLB), the... ...in the first quarter of 2024, chief executive Olivier Le Peuch said... ...& Asia, in addition to growth of 18% in Europe & Africa,” Le...
EU Regulator Claims Europe Can’t Afford to Ditch Russian LNG Yet
19+ hour, 48+ min ago —...EU Regulator Claims Europe Can’t Afford to Ditch Russian LNG Yet... ...Agency for the Cooperation of Energy Regulators, ACER, said... ...Russian LNG, Spanish Energy Minister Teresa Ribera told Bloomberg... ...,” the EU regulator said....