Why ASX 200 energy shares are trouncing the index today
ASX 200 energy shares are leading the benchmark higher today. We look at the latest big moves in global crude oil markets.
Source: fool.com.au
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ASX 200 energy shares are leading the benchmark higher today. We look at the latest big moves in global crude oil markets.
Rampant volatility continued Thursday in crude futures as contracts spiked over 8%.
Iron ore dived 17 per cent this week as Beijing stepped up efforts to stop price speculation and hoarding, which it believes fuelled the commodity’s rally.
European carmakers heavily rely on Chinese export.
Rio will use its heft as a major power consumer to underwrite clean energy projects that will reduce the carbon footprint of its Queensland aluminium smelter.