Stay updated with breaking news from Commodity Arbitrage. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Global energy trader Vitol's revenue dropped to $140 billion last year from $225 billion in 2019, hit by the sharp economic downturn caused by the COVID-19 pandemic, it said on Tuesday.
LONDON (Reuters) - The tin market super-squeeze rolls on. A worker counts ingots of tin at a PT Timah smelter in Mentok, on the Indonesian island of Bangka February 22, 2007. REUTERS/Beawiharta Tightness on the London Metal Exchange (LME) contract remains acute. The massive premium for prompt delivery has enticed a trickle of metal into exchange warehouses, but not enough to tame market wildness. The outright three-month price is currently trading around $25,700 per tonne, within striking distance of February’s ten-year high of $27,500. Tin remains the outperformer of the LME base metals...
China's imports of copper are likely to rebound in March, but the expected increase after a disappointing start to the year may not be quite as bullish as it appears at first glance.
China's imports of copper are likely to rebound in March, but the expected increase after a disappointing start to the year may not be quite as bullish as it appears at first glance.
Commodities and energy pricing agency S&P Global Platts will defer changes to its core dated Brent oil benchmark after industry pressure, it said on Wednesday.