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The combination of slowing domestic demand amid coronavirus lockdowns and falling international crude prices was easing pressure on Chinese refiners to keep oil product barrels at home to ensure supply, raising the possibility of exports in April, analysts said on March 17. The country’s top economic planning body National Development and Reform Commission in the ...
Beyond the horrors and dreadful tragedies of the war in Ukraine there will be extreme economic fallout in the trade and investment space for many years to come. The conflict and sanctions imposed so far leaves banks, businesses and commodity trade severely exposed. What alternative supply solutions can be found?
Russia’s military incursion into the Ukraine and subsequent sanctions levied by the US and other nations have most refiners stepping away from buying Urals and CPC Blend crude, despite higher refinery margins due to the lower crude price, an analysis from S&P Global Platts showed Feb. 28. As of Feb. 28, actual volumes of Russian ...
Russia’s invasion of Ukraine on Feb. 24 has significantly disrupted the Ukrainian sunflower oil industry and supply chain, with Ukraine the top exporter of sunflower oil globally. A prolonged conflict also threatens the next growing season, sources said. Russia’s invasion caused commodity prices across oil, gas, and agricultural markets to spike as attacks on cities, ...
FinancialBuzz.com News Commentary NEW YORK, March 2, 2022 /PRNewswire/ -- Lithium has proved to be an essential mineral for the electrification of vehicles. As such, LiOH, a white hygroscopic