global markets

Global Industry: Renewables investment falls short of lofty ambitions

Posted on February 6, 2019February 6, 2019 by Mozambique Resources Post

A yawning investment gap in clean energy means it is still just a marginal part of many portfolios.

Global Industry: Gold demand growing across market segments

Posted on November 1, 2018November 1, 2018 by Mozambique Resources Post

World Gold Council (WGC) member and market relations head John Mulligan says the third quarter was a strong one for the global gold industry.

Markets: Global LNG Demand to Outperform

Posted on October 17, 2018 by Mozambique Resources Post

Demand for LNG will post strong growth to 2027, outperforming the wider energy complex, according to oil and gas analysts at Fitch Solutions Macro Research.

Global Markets: China’s Oil Imports Recover In July

Posted on August 9, 2018 by Mozambique Resources Post

China’s crude oil imports in July rose for the first time in three months, but were still at their third lowest monthly level so far this year, as independent refiners continue to suffer from the new tax regime eroding their refining margins.

Global Markets: Automakers ‘waking up too late’ as China takes control of cobalt world’s supply

Posted on March 21, 2018 by Mozambique Resources Post

The auto industry is “waking up too late” to the fact that China will hold most of the world’s supply of battery raw material cobalt, Ivan Glasenberg, CEO of top producer of the metal Glencore, said on Tuesday according to a Reuters report.

Global Industry: Oil Prices Rise After Strong Crude Inventory Draw

Posted on December 21, 2017 by Mozambique Resources Post

The Energy Information Administration reported yet another inventory draw for last week, making it the fifth one in a row with falling inventories. The authority said inventories had gone down by 6.5 million barrels, to 436.5 million barrels.

Global Markets: Coal consumption fell 1.9% in 2016, demand to remain flat till 2022

Posted on December 18, 2017 by Mozambique Resources Post

Global demand for coal should remain nearly flat between 2017 and 2022, resulting in a decade of stagnation for coal consumption, according to the International Energy Agency’s annual coal market report.

Global Markets: The 5 countries that could push oil prices up

Posted on October 26, 2017 by Mozambique Resources Post

Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market.

Global Markets: China LNG imports hit record in December

Posted on January 23, 2017January 23, 2017 by Mozambique Resources Post

China’s liquefied natural gas (LNG) imports hit a record high in December, customs data showed on Monday, driven up as the country pushes towards cleaner fuels. The world’s No.2 economy shipped in 3.73 million tonnes of LNG in December, topping the previous record of 2.66 million tonnes in November and up from 2.10 million tonnes a year ago, the General Administration of Customs said.

Global Markets: “Inexorable decline” as Iron ore price hits new low

Posted on February 6, 2015February 6, 2015 by Mozambique Resources Post

The iron ore price pulled back once again on Thursday as news out of top consumer China further clouded the outlook for a market already flooded with new supply. The 62% Fe benchmark import price including freight and insurance at the port of Tianjin tracked by The SteelIndex fell $0.30 or 0.5% to $61.10 a tonne on Thursday. So far in 2015 the price has fallen 16.5% following a year in which the commodity nearly…