Oil reversed losses, resuming its recovery from a rout earlier in the week as sentiment firmed in wider markets. West Texas Intermediate crude rose 1.3 per cent, after dropping 1.1 per cent early Wednesday. European equities climbed a second day and U.S. index futures moved higher. Crude tumbled 7.3 per cent on Monday on concern

Crude oil prices augmented on Tuesday, July 13, amid market optimism over a recovery in demand from the elimination of COVID-19 pandemic-induced constraints in several developed countries. International benchmark Brent crude was selling at USD75.44 per barrel at 0720 GMT for a 0.37 percent upsurge after closing on Monday, July 12 at USD75.16 a barrel.

China’s rubber accelerators are mainly exported to Asia, accounting for about 58.4%. Followed by Europe, accounting for about 18.5%. In Asia, Southeast Asian countries have a larger demand, accounting for 26.4%, followed by South Asia, accounting for 12.4%. Among them, the large demand for accelerators in Southeast Asian countries is closely related to the new

The international tin Association (ITA) said on Tuesday that with the rising demand for electronic equipment, the tin supply gap is expected to expand in the next few years and drive the green revolution. At the same time, tin investment has been lagging behind. Tin prices topped $30000 a ton last month, the first in

According to the German government’s plan, by 2030, Germany’s onshore wind power installation will increase from 54.4 GW in 2020 to 95 GW. The industry is generally worried that, as wind power is one of the main supports for Germany to achieve its climate goals, Germany’s climate goals may be defeated according to the current

Saudi Arabia’s energy minister said the lack of new investment in exploration and exploitation could trigger a new super cycle of global oil prices. Saudi prince Abdulaziz bin Salman said at the Robin Hood Investor Conference on Wednesday that his job is to prevent such a super cycle, people familiar with the matter said. He

Relevant studies show that there may still be 1-2 billion tons of carbon emissions in China by 2050, which needs to be reduced through negative carbon technology. In recent years, countries are paying attention to negative carbon technologies, including reforestation, ecological restoration, new building materials, soil carbon fixation, carbon capture and storage (CCUs), direct air

The organization of Petroleum Exporting Countries (OPEC) and Russia and other non OPEC oil producing countries reiterated after a ministerial meeting on the 1st that they will continue to increase oil production according to the original plan. The 17th ministerial meeting between OPEC and non OPEC oil producing countries was held by video on the

Driven by the growth of electric vehicles (EV) and large-scale battery storage, there are a lot of reports about the global supply contraction of cobalt and lithium. But the International Energy Agency’s mineral supply chain report highlights the solar industry’s dependence on copper. The IEA document “the role of key minerals in clean energy transformation”

According to the latest report released by Research Institute reclaim finance and urgewald, since the signing of the Paris Agreement in 2015, the funds provided by major British banks for coal related projects are still increasing year by year, the Guardian reported. Although the British government has been emphasizing the policy of dealing with climate