Stay updated with breaking news from Refinitiv Eikon. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
In an effort to continue expanding its exposure to lithium, its Covalent lithium project is expected to contribute 50,000 metric tons of assumed lithium oxide, should there be a successful commission and ramp-up of the concentrator at the Mount Holland mine in Western Australia.
Indian Diesel Exports: The country's exports of the fuel for August to Europe, on the other hand, are poised to fall to their lowest this year, according to one shiptracker, as shipments to the east are more profitable, but that situation may not last.
India's diesel exports to Singapore are set to hit a 19-month high in August and exceed 330,000 metric tons, boosted by cheaper freight costs and low inventories in the Asian oil hub, traders and analysts said. The country's exports of the fuel for August to Europe, on the other hand, are poised to fall to their lowest this year, according to one shiptracker, as shipments to the east are more profitable, but that situation may not last. The rise in Indian diesel exports to Singapore will compensate partially for lower exports from refiners in northeast Asia including China, and the...
The rise in Indian diesel exports to Singapore will compensate partially for lower exports from refiners in northeast Asia including China, and the increased availability will therefore cap strong refining margins in Asia. Conversely, European refiners' margins will be supported by the lower imports from the South Asian nation.
Guyana is increasing its exports of oil to Europe as the demand for lighter crude grades grows following a reshuffle of global oil flows.