Article content TOKYO — Global aluminum producers have offered Japanese buyers premiums of $125-$145 per tonne for April-June primary metal shipments, up 45%-71% from this quarter, five sources directly involved in quarterly pricing talks said. The offers, if agreed by buyers, would mark the first increase in six quarters and the highest level since the […]
Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Terje Solsvik Published Mar 03, 2023 • Last updated 11 minutes ago • 1 minute read Join the conversation Article content OSLO — Equinor said on Friday it will acquire the British oil and gas business of Canada’s Suncor Energy for $850 million, giving […]
Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Clyde Russell Published Feb 27, 2023 • 3 minute read Join the conversation Article content NEW DELHI — Signs of stronger import demand from India have arrested the decline in price of the thermal coal grades most commonly sought by the world’s second-biggest […]
Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Jayshree P Upadhyay and Sarita Chaganti Singh and Devjyot Ghoshal Published Feb 10, 2023 • 4 minute read Join the conversation Article content MUMBAI/NEW DELHI — India’s market regulator is investigating Adani Group’s links to some of the investors in the conglomerate’s aborted […]
Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Bansari Mayur Kamdar and Amruta Khandekar Published Feb 09, 2023 • 2 minute read Join the conversation Article content The Mexican peso jumped sharply on Thursday after its central bank surprised markets with a Financial Post Top Stories Sign up to receive the […]
Breadcrumb Trail Links PMN Economy PMN Business Article content U.S. natural gas futures jumped about 5% to a one-week high on Tuesday as short sellers took profits for a second day after prices last week fell to a 25-month low and as output remains lower than last month Financial Post Top Stories Sign up to […]
Article content CARACAS/PORT OF SPAIN — Trinidad and Tobago’s energy minister met Venezuelan officials on Monday, according to Venezuela’s state media, the first high-level visit since the United States last month green-lighted the joint development of a key offshore gas project. The Caribbean country’s Prime Minister Keith Rowley last week told the Parliament that his […]
Article content CHICAGO — U.S. soybean futures declined on Thursday on spillover weakness from crude oil and expectations of a massive Brazilian soy harvest, but most-active soymeal futures set an 8-1/2 year high on tight supplies of the feed ingredient, analysts said. Wheat futures fell on profit-taking after rising to a one-month top while corn […]
Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Erwin Seba Published Feb 02, 2023 • 2 minute read Join the conversation Article content HOUSTON — U.S. oil refiners are dialing back operating runs this quarter after sky-high utilization rates last year, and aim to operate at between 85% and 89% of […]
Article content Gold prices slipped nearly 2% on Thursday as the dollar rebounded and some investors locked in profits after bullion scaled a nine-month peak on dovish remarks from Federal Reserve Chair Jerome Powell. Spot gold dipped 1.8% to $1,915.79 per ounce by 1:52 p.m. ET (1852 GMT), having hit its highest since April 2022 […]