Commodities Market News - International Business Times, Singapore

Malaysia jails 8 Indonesians for hijacking oil tanker last year

Dark Fleet of 600 Oil Tankers Carry Russian Crude Despite Western Sanctions - Report

Data shows that New Delhi and Beijing bought a record amount of crude oil from Russia after the western ban on buying seaborne Russian crude came into effect.

Mar 2, 2023

By Jacob J

An oil tanker unloads crude oil at a crude oil terminal in Zhoushan, Zhejiang province, China July 4, 2018. Picture taken July 4, 2018.

Iran Attacked Oil Tanker Operated by Israeli-Owned Company in Persian Gulf, Benjamin Netanyahu Says

The incident happened in the Arabian Sea, approximately 300 nautical miles off the coasts of India and Oman. The oil tanker was reportedly hit by an airborne object.

Feb 19, 2023

By Jacob J

Tesla to Buy Out Sigma Lithium Corp? Shares of Battery Metals Miner Jump 21% on Speculation

Sigma is finishing construction of a hard rock lithium mine in Brazil that it expects to open by April.

Feb 18, 2023

By Reuters

Commodities-Starved India Set to Play Big EV Role as it Discovers Huge 5.9 Million Tonne Lithium Reserves

According to a report by the International Energy Agency, the world is likely to face lithium shortages by as early as 2025.

Feb 11, 2023

By Jacob J

Crude Oil Markets: Prices to Hit $100 Per Barrel; OPEC Could Lift Output Curbs; Supply Crisis by 2024

While western sanctions against Russia will reduce global output, the Chinese opening up will boost demand, creating a supply crisis in 2024,

Feb 7, 2023

By Jacob J

Gold Breakout Around Corner? Dollar Decline, Stock Plunge to Drive Yellow Metal Past $3,000?

February gold futures ended the week at $1.927.10 an ounce, even as silver recorded a 21 percent jump in the last three months.

Jan 23, 2023

By Jacob J

Swedish Mining Company LKAB Finds Huge Rare Earths Deposits; Can Europe End Its China Dependence?

According to the European Commission estimates, as much as 98 percent of the rare earths minerals that Europe needs come from China.

Jan 14, 2023

By Jacob J

Singapore joins IEA as SE Asia oil demand set to rise 80% by 2040

US to Become Net Crude Oil Exporter First Time Since 1945; Here's How it Works

According to US government data released in November last year, the country, which has long been known only as the biggest energy consumer in the world, imported only 1.1 million barrels per day of crude oil.

Jan 12, 2023

By Jacob J

Oil Price Could Surge to $140 Per Barrel on China Rebound and Russian Supply Loss - Analyst

According to an analyst there is a possibility that crude oil demand would grow by more than 4 million barrels per day in 2023.

Jan 7, 2023

By Jacob J

Moscow Bans Oil Sales to European Nations That Enforce Price Cap on Russian Crude

As per the EU decision, buyer nations that sign the G7-led price cap agreement can buy sea-borne Russia crude only if it is priced at or below $60.

Dec 28, 2022

By Jacob J

Russia Willing to Re-Start Gas Supplies to Europe Through Yamal Pipeline, Says Deputy PM

The Yamal-Europe Pipeline usually flows westward, but has been mostly reversed since December of 2021 as Poland turned away from buying from Russia in favour of drawing on stored gas in Germany.

Dec 26, 2022

By Reuters

Keystone Pipeline Shut After 14,000-Barrel Oil Spill in Kansas

The 622,000 barrel-per-day Keystone line is a critical artery shipping heavy Canadian crude from Alberta to refiners in the U.S. Midwest and the Gulf Coast.

Dec 9, 2022

By Reuters

Gold Prices at the Cusp of a Big Surge; Will Soar to $3,000 Per Ounce in 2023 - Analysts

If the prediction by Denmark's Saxo Bank comes true, gold prices will jump nearly 70 percent in 2023.

Dec 8, 2022

By Jacob J

EU Agrees $60 Price Cap on Russian Crude; Moscow Ramps Up Production to Meet Rising Asian Demand

The European Union price cap of $60 per barrel will likely come into effect next Monday.

Dec 3, 2022

By Jacob J

Oil Prices Tumble as Dire China Protests Worsen Economic Outlook

The unprecedented unrest has further darkened the outlook for the world's second largest economy, triggering a broad selloff in commodities and particularly depressing the oil markets.

Nov 28, 2022

By Jacob J

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5 Bangladeshis charged for financing terror attacks to appear in court

India's Myopic Trust in Bangladesh Needs a Critical Relook

By IBTimes SG Desk

Previous 1 of Next

Commodities Market News - International Business Times, Singapore

Dark Fleet of 600 Oil Tankers Carry Russian Crude Despite Western Sanctions - Report

Iran Attacked Oil Tanker Operated by Israeli-Owned Company in Persian Gulf, Benjamin Netanyahu Says

Tesla to Buy Out Sigma Lithium Corp? Shares of Battery Metals Miner Jump 21% on Speculation

Commodities-Starved India Set to Play Big EV Role as it Discovers Huge 5.9 Million Tonne Lithium Reserves

Crude Oil Markets: Prices to Hit $100 Per Barrel; OPEC Could Lift Output Curbs; Supply Crisis by 2024

Gold Breakout Around Corner? Dollar Decline, Stock Plunge to Drive Yellow Metal Past $3,000?

Swedish Mining Company LKAB Finds Huge Rare Earths Deposits; Can Europe End Its China Dependence?

US to Become Net Crude Oil Exporter First Time Since 1945; Here's How it Works

Oil Price Could Surge to $140 Per Barrel on China Rebound and Russian Supply Loss - Analyst

Moscow Bans Oil Sales to European Nations That Enforce Price Cap on Russian Crude

Russia Willing to Re-Start Gas Supplies to Europe Through Yamal Pipeline, Says Deputy PM

Keystone Pipeline Shut After 14,000-Barrel Oil Spill in Kansas

Gold Prices at the Cusp of a Big Surge; Will Soar to $3,000 Per Ounce in 2023 - Analysts

EU Agrees $60 Price Cap on Russian Crude; Moscow Ramps Up Production to Meet Rising Asian Demand

Oil Prices Tumble as Dire China Protests Worsen Economic Outlook

India's Myopic Trust in Bangladesh Needs a Critical Relook

India's Myopic Trust in Bangladesh Needs a Critical Relook

An Unholy Convergence: How Power Politics Trumped Islamic Solidarity in the Middle East

An Unholy Convergence: How Power Politics Trumped Islamic Solidarity in the Middle East

Poverty Porn: West's Selective Obsession and India's Economic Realities

Poverty Porn: West's Selective Obsession and India's Economic Realities