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Novak Calls U.S. Diesel Deal a 'Positive Signal' for Russia's Economy

Lithium prices have slumped, following a deal between the European Union and China that will cut Chinese hybrid car exports to the bloc. Since the start of the week, China’s most actively traded lithium futures contract has dropped by 14%, Bloomberg reported earlier today. The oi

China's Coal Imports Fall 6% as Prices Hit Nearly 3-Year High

Crude oil prices retreated from yesterday’s highs earlier today, on the news that President Trump was considering lifting sanctions on tankers used to transport oil and fuels from Venezuela, Russia, and Iran in a bid to ease a deepening tanker crunch. At the time of writing, Bren

Aramco’s New Chinese JV Refinery Gets First Saudi Crude Cargo

Saudi Aramco’s newest joint venture refinery in China has received its first cargo of Arab crude as it prepares for start-up, the Saudi oil giant said in a statement to Bloomberg on Wednesday, without providing a timeline for the start of commercial operations. Saudi Arabia and i

Global Market: China stocks slip as AI selloff deepens, mixed inflation data weighs

Chinese stocks edged lower as AI-related shares weakened and mixed inflation data heightened concerns over domestic demand. The CSI300 declined, while energy and consumer staples stocks advanced amid rising oil prices. Technology shares remained under pressure, and HSBC cut year-

Asian equities stabilize following Wall Street tech selloff; oil nears $95, China trade data beats

Asia stocks slide as China chip threat hits Samsung, SK Hynix; oil retreats

Mainland Chinese traders boost Hong Kong stock buying for fourth month as AI bets surge

Mainland Chinese investors bought more Hong Kong stocks than they sold for a fourth consecutive month in September, with purchases accelerating despite persistent headwinds from elevated US Treasury yields and oil prices. Onshore traders poured a net HK$60.8 billion (US$7.7 billi

Supertanker Rates Slip From Record Highs

Supertanker rates have retreated slightly after touching an all-time high earlier this month, with the price of chartering a very large crude carrier for a trip from the Gulf Coast to China at $634,974 per day, according to Baltic Exchange data cited by Reuters. This compared to

Tanker Rates Soar to Record as Oil Crisis Becomes Shipping Crisis

The cost of shipping crude oil soared to record highs last month as the Iran war reshuffled trade routes and patterns and tied up more tankers in inefficient and lengthy voyages. Supertanker rates soared in September to above $1 million per day on the Persian Gulf to China route—

Oil prices fall as Trump pauses Iran attacks, China restarts fuel exports – business live

Brent crude prices fell on Friday as president Donald Trump promised not to attack Iran ahead of the US midterm elections in November Brent crude prices are now down 1.3%, easing further s from where we started – having been down around 1% earlier this morning. Neil Wilson, an in