The Group of Seven leading economies is discussing imposing a cap on Russian oil prices by imposing restrictions on insurance and shipping, according to people familiar with the matter. The potential mechanism would only allow shipments of Russian c…
U.S. natural gas futures rose about 5 percent to a near nine-week high as global energy prices surged on concerns over a pricing plan for energy exports, keeping U.S. LNG export demand near record highs. U.S. natural gas prices have risen despite for…
The Biden administration plans to ease sanctions on Venezuelan oil to allow more of the country's crude to reach Europe. The U.S. will allow European companies still operating in Venezuela to immediately transfer more oil to the continent, while all…
Gold is a high-quality hedge hedging tool, favored by investors. Especially in recent years, with the increasing instability of the world economy, gold has become one of the preferred asset allocations of investors because of its functions of hedging…
The biggest immediate challenge for the EU will be replenishing its depleted gas inventories. While the EU could still increase LNG imports from countries such as the US, such purchases would be more expensive.Refilling natural gas storage space to h…
Susano Paper and Pulp, the Brazilia-based company that is the world's largest pulp producer, has warned that global pulp stocks have been falling sharply and are facing shortages that could lead to higher prices for necessities such as paper towels a…
Risk aversion plunged on the positive news of the Russia-Ukraine talks. After several days of rising oil prices, the price of precious metals continued to fall. Domestic futures markets remain stable for the time being.Back in international markets,…
In fact, in essence, nickel-based alloys are also a kind of stainless steel. They are just special stainless steels. The chemical composition is also different from ordinary stainless steel.…
The America is considering releasing a total of 180 million barrels of oil from the Strategic Petroleum Reserve (SPR) in the coming months in an effort to keep oil prices down.According to reports, this will be the third time the United States has us…
It is reported that the price of imported energy in Germany was 129.5% higher than that in February 2021, the cost of domestically produced en…
Official French data shows that for three consecutive days, there were more than 140,000 new confirmed cases in a single day in France: 145,560 new cases on the 23rd, 148,635 new cases on the 24th, and 143,571 new cases on the 25th. The daily average…
Compared with stainless steel produced by traditional smelting process, stainless steel powder metallurgy has the advantages of producing parts close to net shape, high dimensional accuracy…