How strong is China’s iron grip?
In September, iron futures traded at $119.5 per tonne on the Singapore exchange, the highest level since late April, having gained 2% YTD and never falling below the psychological threshold of $100 per tonne.
14.09.2023
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The specter of labor unrest haunts the LNG market
Over recent weeks, the world has been watching as Woodside Energy Group and Chevron became embroiled in a labor standoff with workers at their LNG plants in Australia. The news that these facilities could temporarily go offline has triggered an immediate reaction from the market, with spot LNG prices in Asia climbing to a five-month high of $14 per million BTU.
08.09.2023
A bad spell for European steel
The Eurozone Manufacturing PMI marked a sixth consecutive decrease in July, having plunged to a 38-month low of 42.7, plagued by an accelerated decline in production volumes and new orders. These negative trends have a bearing on the steel sector as well.
03.08.2023
Is the EU Energy Platform here to stay?
Now that the second round of joint gas purchases on the EU Energy Platform has come to an end, the bloc wants to make this mechanism a permanent feature. So it’s about time we explore how well it works.
28.07.2023
Where will the copper scales tip?
Global refined copper output in January-April 2023 soared 8% YoY to nearly 9 million tonnes, while consumption rose only 3% to 8.6 million tonnes, leading to a 384,000-tonne surplus, compared with a 43,000-tonne deficit in the same period last year. As a result, the price of copper started to go down. Will this trend persist and what will happen to prices in the longer term?
19.07.2023
Russia and CIS oil and gas quarterly review. February 2023
We are glad to present a new issue of the Russia and CIS Oil and Gas Quarterly Review, prepared by the B1 Moscow Energy Center.
Russia and CIS oil and gas quarterly review. October 2022
We are glad to present a new issue of the Russia and CIS Oil and Gas Quarterly Review, prepared by the B1 Moscow Energy Center.