Stay updated with breaking news from Commodities Summit. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
March 30 (Reuters) - Global commodities trader Vitol posted a record net profit of almost $15 billion in 2022, reaping the benefits of the energy crisis and leaving behind its competitors, the Financial Times reported on Thursday, citing pe... | 12:17pm
/PRNewswire/ -- MiQ, the global non-profit leader in methane emissions certification, today launched the world's first certification program that enables a...
Governments and regulators may need to act to avoid possible critical shortages in the metals markets, global trader Trafigura’s CEO Jeremy Weir said. The situation regarding supplies “at the moment doesn’t look good,” Weir told delegates at the FT Global Commodities Summit in Lausanne. Tightness could be alleviated by governments offering fiscal stimulus or shortening ...
Oil Closes In On $75, Triggering Worry Of A Supercycle by Ship & Bunker News Team Wednesday June 16, 2021 With the long-feared prospect of a rise in Iran crude exports looking less likely and demand recovery continuing to exceed expectations, oil prices on Wednesday rose for a fifth consecutive session and closed in on the $75 mark. 7.4 million barrels in the week to June 11 and refining utilization rose to 92.6 percent (the highest since January 2020), West Texas Intermediate rose 3 cents to $72.99, the highest since October 2018. Brent gained 40 cents to hit 44 percent this year ...