Has The Extreme Bear Market in Natural Gas Come to an End

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Oil,US,Oil Exports

Oil prices rallied to a multi-month high at the start of July, while U.S. oil exports to Europe fell to a 2-year low and U.S. domestic gas inventories dropped

Editor's Note This is a complimentary free numbers report for Oilprice.com readers. Global Energy Alert members receive a Numbers Report plus the latest geopolitical intelligence and vetted energy stock picks from our top traders. Click here to sign up for a 30-day risk-free trial. In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors.

China Launches Next Stage of Rare Earth Industry Consolidation - Shares of Chinese rare earth producers have jumped this week after Beijing launched a regulatory overhaul of the mining sector that should alleviate pressure coming from high supplies. - According to China’s State Council, a new unified development plan will come into effect October 1, mandating that refineries would no longer be able to use imported ores above government-set quotas.

 

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