- As Saudi Arabia is finalizing its 2024 term contracts, to be done by the end of October, the Middle Eastern kingdom is set to increase its crude supplies to China as new refining capacity lifts offtake.
- Total zinc imports into China came in at 76,800 metric tonnes in July, in just one month equalling the entire annual tally of 2022 as traders are betting on policy support from Beijing.- As Saudi Arabia is finalizing its 2024 term contracts, to be done by the end of October, the Middle Eastern kingdom is set to- Russia has become the top crude supplier to China with 2.
- The LME three-month zinc contract currently trades at $2,450 metric tonnes, still some $500/mt below prices in early 2023, even though registered stocks in the Singapore exchange remain very low, slightly above 43,000 metric tonnes. - Investor interest has generally avoided Chile so far in 2023, with early-stage deals in Australia becoming the4. UK Tries to Catch Up with North Sea Investment Boom
- As Denmark’s Orsted announced it could relinquish its US offshore wind projects and take on huge impairments, the stock plunged almost into double-digit losses in just one day of trading.