Gasoline in the regulatory spotlight
Exchange-traded prices for gasoline in Russia have rallied in the last six months. While AI-92 fuel is just about to surpass the peak level observed in 2021, AI-95 has been breaking records for several straight months.
Chinese steel: hopes for the better
China’s metals sector remains on tenterhooks. According to the CISA, almost half of major mills were loss-making in the first five months of the year, while the country’s leading steelmakers warn that the industry faces a challenging second half of the year amid insufficient end-user consumption and ongoing thin margins.
Where will the wind blow?
The energy transition remains high on the global agenda, with much hope now being pinned on wind power generation, which rose 17% in 2022, having outpaced other renewables.