Oil prices rebound over a surprise decline in the commercial crude oil inventory across the United States.
- As per the data from the American Petroleum Institute (or API), the commercial crude oil inventory across the United States surprisingly dropped by 6.8 million barrels to reach 531 million barrels for the week to 24 July 2020.
- The expected drop in the commercial inventory amidst record high cases of COVID-19 across the nation boasted the market confidence in the oil demand.
Which stock gained the most attention in 2019? Find out in our exclusive report on the much talked about lithium stocks which gained the most investor attention amidst the volatile and high drama electric vehicle market.
Read about the shift in the Electric Vehicle market in 2020 and the consequent focus on Lithium in our report.
Get an insight into the lithium prices and the trends. The supply glut kept the lithium prices in check. The escalated bilateral trade dispute between the United States and China significantly impacted the lithium chemical prices.
Understand the performance of mining companies. The lithium mining companies managed to sail through the turbulent white gold market by limiting the production in correspondence with the demand from the offtake partners.