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What are germanium and gallium? Essential chip-making metals hit by China curbs

Gallium is used to make gallium arsenide for use in electronics. Only a few companies - one in Europe and the rest in Japan and China - can make it at the required purity, says the CRMA. China exported 94 metric tons of gallium in 2022, up 25% on the prior year, according to Chinese customs. U.S. imports of gallium metal and gallium arsenide (GaAs) wafers in 2022 were worth about $3 million and $200 million, respectively, according to USGS.
United States United Kingdom South Korea Us Geological Survey U Indium Corporation Critical Raw Materials Alliance

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Opec: Growth risks to restrain oil prices this year, Auto News, ET Auto

Opec: The global benchmark, now trading around USD 75 a barrel after having shed about 13% thus far in 2023, was seen averaging USD 83.28 in the third quarter before popping above the USD 86 mark in the next two quarters. Forecasts for U.S. crude were also scaled back to USD 78.38 a barrel in 2023 from last months USD 79.20.
Saudi Arabia Ian Moore Giovanni Staunovo Ole Hansen Saxo Bank Organisation Of The Petroleum Exporting Countries

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