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Five Key Charts to Watch in Global Commodity Markets This Week

(Bloomberg) -- Spring is around the corner in the Northern Hemisphere, meaning the ongoing slump in natural gas is likely set to continue. In metals markets, palladium’s premium over platinum is fading while in agriculture, falling fertilizer prices are squeezing crop nutrient companies’ bottom lines. Most Read from BloombergTrump Keeps NY Empire Intact as Judge Rescinds Asset-Sale OrderRecord US Stock Rally Is Under Threat From a World in TurmoilSystemic Risk Concerns Grow Among M...
United States United Kingdom New York South Korea Kim Chipman Bloomberg Businessweek
Source: yahoo.com

Exclusive-OPEC Sec Gen firmly believes published long term demand outlook robust

DUBAI (Reuters) -Saudi Arabia's decision to postpone oil capacity expansion plans should not be interpreted as an assessment that demand for crude is falling, OPEC's Secretary General said on Tuesday. "First of all I want to be clear I cannot comment on a Saudi decision ... but this is in no way to be misconstrued as a view that demand is falling," Haitham Al Ghais told Reuters in Dubai on the sidelines of the World Governments Summit. Sources have told Reuters the kingdom&...
Saudi Arabia United Arab Emirates Haitham Al Ghais Maha El Dahan Al Ghais Michael Georgy
Source: yahoo.com

The USA is sleepwalking into a future of Christmas blackouts

Last week, the North American Electric Reliability Corporation (NERC) – the body in charge of US and Canadian grid reliability – published its latest 10-year outlook, saying that “sharp increases in peak demand forecasts and the potential for higher generator retirements are raising concerns for electric reliability over the next 10 years”. The regulator is projecting electricity shortfalls in areas where legacy generator retirements are expected before enough replace...
United States Jim Matheson John Moura National Rural Electric Cooperative Association International Energy Agency American Electric Reliability Corporation
Source: yahoo.com

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Texas power demand misses record, but more highs seen in heatwave

The Electric Reliability Council of Texas (ERCOT), which operates the grid for more than 26 million customers representing about 90% of the state's power load, has said it has enough resources available to meet soaring demand. Texas residents have worried about extreme weather since a deadly storm in February 2021 left millions without power, water and heat for days as ERCOT scrambled to prevent a grid collapse after the closure of an unusually large amount of generation. After setting 11...
United States Scott Disavino Devika Syamnath Reliability Council Of Texas Electric Reliability Council Demand Forecasts
Source: yahoo.com

Europe PCLT (Passenger Car and Light Truck) Tire Market Supply & Demand Forecasts, 2018-2022 & 2023-2028

Dublin, July 06, 2023 (GLOBE NEWSWIRE) -- The "Europe PCLT Tire Market Supply & Demand Forecasts to 2028" report has been added to ResearchAndMarkets.com's offering.The supply of tires across Europe continues to evolve. Sanctions imposed against Russia impacted imports into Western and Central Europe from the second half of 2022. Nokian is clearly the most affected, and it is in the process of securing alternative capacity, whilst Pirelli has also adjusted its production. Mea...
Laura Wood E St Office Hours Call Office Hours Call Market Supply Demand Forecasts Central Europe
Source: yahoo.com

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