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Historically, the prices of two of the world’s biggest commodities, crude oil and iron ore, are strongly correlated but in the past few weeks we have seen a peculiar disconnect
While the U.S. would struggle to boost diesel exports to Europe, China has the capacity to process and export more fuels if it chooses
OPEC+ may soon be forced to cut its production targets once more after oil prices fell below $90 and recession fears took center stage
China’s imports of crude oil, iron ore, copper and soybeans fell in March from a year ago, data from the General Administration of Customs showed on Wednesday. China’s exports rose 14.7per cent in March from a year ago, while imports unexpectedly fell by 0.1per cent, marking the first decline since August 2020, customs data showed. ...
THE bid by a green billionaire to buy Australia’s most polluting company may have stumbled at the first hurdle, but it’s likely the race is far from over.