With the energy crisis, high inflation, and aggressive interest rate hikes by the European Central Bank, the economic outlook of the eurozone faces severe challenges. On September 13, local time, the European Economic Research Center in Germany relea…
Global inflation is running at its fastest pace in decades this year as high and persistently volatile commodity prices, coupled with the impact of the Russia-Ukraine conflict on slowing global growth, have significantly slowed economic growth and th…
Continental natural gas futures closed up 6.7% Thursday at a record high, with European gas prices already ten times higher than usual for this time of year. Benchmark electricity prices in Europe also hit a new record Thursday, deepening an energy c…
The Nordic electricity market (Nord Pool) is reported as saying that electricity prices in Denmark are now three times higher than they were this time last year. Martin Hansen, deputy hea…
Oil prices plunged on July 5th to their lowest level in nearly three months. By the end of the day, U.S. CRUDE for August delivery was down $8.93, or 8.24%, at $99.50 / BB…
On the one hand, the global energy pattern is still in drastic transition, on the other hand, the global energy consumption is soaring under the background of frequent extreme climate phenomena…
On the one hand, the global energy pattern is still in drastic transition, on the other hand, the global energy consumption is soaring under the background of frequent extreme climate phenomena…
Iran became the world's 11th largest producer of electricity According to BP's latest global energy report, Statistical Review of World Energy, Iran managed to generate 357.8 TERawa…
Does the high international oil price have an impact on the market of consignee meaning ?…
Global oil tanker freight rates soar Daily income of shippers more than 500 times! Longer distances are reducing ships' available capacity and pushing up freight rates. Shipowners who deliver…
Steel processing industry - Current status of the slitting line Growth in the construction, automotive and consumer slitting line has played a big role in providing the needed boost to the global steel processing industry. The global ste…
Last week, the domestic scrap market is weak adjustment, merchants are cautious in receiving goods, inventory remains low, the arrival of steel slightly increased, but the weak demand for scrap is difficult to change, scrap market continues to mainta…