Commodities

Commodities News

New technology helps US shale oil industry start to rebuild well productivity

By Sabrina Valle HOUSTON (Reuters) – Technology advances are making it possible for U.S. shale oil and gas companies to reverse years of productivity declines, but the related requirement to.

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As shale oil gains slow, deepwater port struggles for customers

By Arathy Somasekhar HOUSTON (Reuters) – As U.S. shale oil boomed last decade, an oil pipeline company pitched an ambitious multi-billion-dollar export port off the Texas coast to ship domestic.

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China’s March germanium, gallium exports yet to recover year-ago level

BEIJING (Reuters) -China’s exports of gallium and germanium products in March declined from year-ago levels, customs data showed on Saturday, underlining the impact of export controls in place since last.

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China’s steel sector has bigger worries than Biden tariff hike

By Amy Lv and Tony Munroe BEIJING/SINGAPORE (Reuters) -U.S. President Joe Biden’s push to triple tariffs on Chinese steel imports strikes a mostly symbolic blow on an industry facing bigger.

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Russia and China trade new copper disguised as scrap to skirt taxes, sanctions

(Reuters) – Russian Copper Company (RCC) and Chinese firms have avoided taxes and skirted the impact of Western sanctions by trading in new copper wire rod disguised as scrap, three sources familiar.

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US State Dept expects to finalize AUKUS trade exemptions in next 120 days

By David Brunnstrom WASHINGTON (Reuters) -The U.S. State Department said on Friday it expects to finalize trade exemptions for the AUKUS defense project with Australia and Britain in the next.

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China’s March germanium, gallium exports yet to recover year-ago level

BEIJING (Reuters) – China’s exports of gallium and germanium products in March declined from year-ago levels, customs data showed on Saturday, underlining the impact of export controls in place since.

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Oil prices subdued, energy security concerns escalate on West Asia tensions

The IEA has said that mounting tensions in region raise the risk of increased volatility in oil markets, and provide a fresh reminder of the importance of oil security Global.

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US trade chief Tai says taking ‘serious look’ at tools to deal with China

By David Lawder WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai will tell lawmakers on Tuesday that the Biden administration is “taking a serious look” at U.S. trade defense tools.

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Gold rate outlook: Goldman Sachs raises yellow metal price forecast to $2700 per ounce by year-end

Goldman Sachs has raised its gold price forecast to $2,700 per ounce by year-end as against a target of $2,300 previously as it believes the yellow metal is in an.

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