Markets: “China becomes world’s biggest importer of rare earths” – analysts

Markets: “China becomes world’s biggest importer of rare earths” – analysts

China, the world’s top producer of rare earth elements, last year also emerged as the biggest importer of the group of minerals used in everything from ceramics to consumer electronics, analysts said on Wednesday. Advertisements

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Global Industry: The $32 Trillion Push To Disrupt The Entire Oil Industry

Global Industry: The $32 Trillion Push To Disrupt The Entire Oil Industry

Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. International oil companies (IOCs) are likely to face a Black Swan scenario, which could end up being a boon for state-owned oil companies (NOCs).

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Global Markets: Oil prices climb on OPEC cuts, hopes of U.S-China trade deal

Global Markets: Oil prices climb on OPEC cuts, hopes of U.S-China trade deal

Oil prices rose on Friday, lifted by OPEC’s supply cuts and hopes the United States and China could soon settle their trade disputes. U.S. West Texas Intermediate (WTI) futures were at $54.10 per barrel at 0133 GMT, up 31 cents, or 0.6 percent, from their last settlement. International Brent crude oil futures were at $61.25 per barrel, up 41 cents, or 0.7 percent from their last close. “Prices supported by data showing further falls in…

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Global Markets: Oil prices rebound as some traders say slide is overdone

Global Markets: Oil prices rebound as some traders say slide is overdone

Crude oil prices, caught up in the wider weakness of the financial markets, are staging a recovery today amid perceptions that the recent slide may have been overdone: WTI +6.1% to $45.11/bbl, Brent +4.8% to $52.91/bbl.

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