Energy & Commodities

Rio-Glencore deal closer than ever with premium and CEO in focus

The idea of a combination of the two companies has been discussed several times over more than a decade

Chevron will likely boost production from its existing assets rather than commit large amounts of new capital to the country, according to the note.

Chevron could see US$700 million-a-year boost from Venezuelan oil

The country is an attractive long-term opportunity for Big Oil

Some US oil operators, particularly smaller producers, are concerned about current prices that have strained the economics of some drilling.

ExxonMobil calls Venezuela ‘uninvestable’ as Trump pushes oil plan

Low prices are viewed warily within the oil industry, which the US president is counting on to keep pumping crude

Chinese state-owned traders have been buying US soybeans despite cheaper supplies often available from Brazil.

China buys at least 10 cargoes of US soybeans for April-May shipment, traders say

Farmers are beginning to gather what is expected to be their largest harvest ever, and despite a domestic supply glut

Trafigura and Vitol Group have obtained preliminary licenses from the US Treasury to help market the pledged Venezuelan crude oil.

Trafigura readies first Venezuelan oil ship as part of mega sale

Traders have been notifying US refiners to gauge interest for the oil, with sales expected to kick off on Monday

Trump administration officials have said the US will control Venezuelan oil sales and revenue indefinitely.

Oil gains as market weighs Iran, Russia supply risks; dealmaking for Venezuela in focus

The Organization of the Petroleum Exporting Countries pumped 28.4 million barrels per day last month

China’s rare earths restrictions apply broadly across Japanese industries and are not limited to the defence industry.

China curbs rare earth exports to Japanese companies after dual-use ban

[BEIJING] China has begun restricting exports to Japanese companies of rare earths and powerful magnets containing them, the Wall Street Journal reported on Thursday (Jan 8), after Beijing banned expo...

The latest development, though not quite a failure of the sector’s consolidation efforts, nevertheless highlights challenges for an industry facing prolonged losses.

China warns solar firms on monopoly risks amid consolidation bid

Measures such as raising industry standards and gradually phasing out subsidies are also likely to continue

Chinese factories continue to export to the world, while the government has extended its subsidy programmes to support domestic consumption.

China’s industrial buyers shun copper after prices hit record

Chinese industry accounts for half of global copper demand

Non-yielding assets tend to do well in a low-interest-rate environment and during geopolitical or economic uncertainties.

Gold falls as commodity index adjustments weigh ahead of US jobs data

Investors are looking to the non-farm payrolls data for monetary policy cues