Crude oil steadies on China’s plan to buy more oil

Highlights Crude oil prices traded nearly flat on Thursday. China plans to buy more oil to meet its rising energy demand. US crude oil inventories have risen with recovery in the Gulf Coast operations. Crude oil prices traded nearly flat ...

Dalian iron ore climbs up on power curbs

Dalian iron ore futures gained more than 5% on Monday with prices hitting above CNY700 level. At the same time, the prices of steel rebar and hot-rolled coils surged significantly due to production limitations on power curbs. January delivery iron ...

Oil rises on strong demand and tight supplies

Crude oil prices galloped on Monday with Brent crude hitting near US$80 per barrel on the back of robust demand and tight supplies. December delivery Brent Crude oil futures last traded at US$78.50 per barrel down 0.14%, whereas November delivery W...

Crude oil prices reach 3-year high on US supply disruptions

th supplies from Canada and Iraq. Members of OPEC+ struggle to raise their output. Crude oil rose to a near three-year highest levels on Monday. Brent Crude oil futures for December delivery last traded at US$78.05 a barrel, up 1.06%, whereas W...

Oil rises on slow supply recovery from the US

Stock Photo Oil Prices Rise  Crude oil prices soared to six-week high on Monday due to slow recovery in the US output, two weeks after Hurricane Ida hit the coast. The prices were additionally lifted by the concern of another storm that could h...

Iceland starts the world’s largest carbon dioxide capturing plant

Carbon Dioxide Capture Technology Iceland has started operating the world’s largest plant that captures carbon dioxide from the air and deposits it into the ground. Climeworks AG, a Swiss start-up has teamed up with Iceland’s carbon stor...

Copper prices hit more than one-month high on strong demand

Highlights Copper prices reached more than a month high level on Monday. The prices surged on the back of strong demand and tight supplies. Chinese imports of unwrought copper tumbled by 7% in August. Copper prices surged to more than one...

Oil rises on supply concerns from the US

Crude oil prices inched up on Monday during initial trading sessions after tumbling significantly in the last week amid China's plan to release state oil reserves. November delivery Brent Crude oil futures last traded at US$73.45 per barrel up 0.78...

Nickel prices hit seven-year highs on strong demand

Nickel on the Periodic Table of The Elements Highlights Nickel hits seven-year highs. Sales of new energy vehicles in China have almost doubled in July. A push for green vehicles has also encouraged automobile companies to expand their operat...

Crude oil dips on China’s supply plan

3D Illustration of Oil Pump Jacks on Sunset Sky Background with Financial Analytics. Concept Of Falling Oil Prices Highlights Crude oil has fallen on Thursday. China has decided to release its state oil reserves. The US records lower-than-exp...