Page 7 - Tom Kool News Today

China has become the most important bearish factor weighing on oil prices recently, with July export-import data showing the Asian country’s economy is struggling to outgrow its post-COVID woes

The EV market has become extremely competitive in 2023, and while some of the smaller players are getting crushed, smart investors are betting on highly profitable niches such as electric boats

The prospects of China’s oil demand and expected further economic stimulus in the world’s top crude importer have played the biggest role in the oil price rally in July, according to Goldman Sachs

Russia’s crude oil exports by sea continued to slump last week and are now well below the February levels and nearly 1.5 million barrels per day lower than the recent peak at the end of April

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

He race for critical minerals has gone global in recent years, and companies that are able to extricate themselves from China’s grasp may become strategically vital

Saudi Arabia’s extension of production cuts should, under normal circumstances, be a major upside for oil prices, but oil markets have been slow to respond to the additional output cuts

Canada’s Case Lake is the center of one of the most exciting rare metal discoveries of the last decade, with a small explorer unearthing what could be the only new cesium play in existence

As the struggle for control of strategically important metals continues between China and North America, Canada has regained full control of a very important deposit of this rare metal

Saudi Arabia’s megaproject NEOM has attracted an investment of $5.6 billion from local investors to develop temporary housing and facilities for 95,000 people