Oil falls 2% on looming supply glut, hopes of Ukraine peace deal
Oil prices settled more than 2 per cent lower on Friday (Dec 26) as investors weighed a looming global supply ...
Tag: glut
Oil posts second weekly decline as glut concerns dominate
OIL declined for a second week as concerns over a growing glut outweighed geopolitical risks to supply. West Texas Intermediate gained ...
Middle East oil market weakens as glut concerns gain traction
The IEA, meanwhile, projects output will exceed consumption by 3.8 million barrels a day in 2026 The Middle Eastern oil ...
China’s 1.2 trillion yuan mega-dam project lifts metals markets, but not a quick fix for glut
China’s launch of a 1.2 trillion yuan (S$218.5 billion) mega-dam project in Tibet has energised metal markets, though analysts warn ...
China’s 1.2 trillion yuan dam project lifts metals markets, but isn’t a quick fix for glut
China’s launch of a 1.2 trillion yuan (S$218.5 billion) mega-dam project in Tibet has energised metal markets, though analysts warn ...
China likely to ditch low-grade coal from Indonesia due to glut
CHINA is likely to cut imports of the lowest grades of coal as a glut of the fuel makes the ...
Oil prices fall on supply glut fears despite Opec+ output cut extension
OIL prices fell by more than 1 per cent on Friday (Dec 6) and cemented weekly losses as analysts projected ...
US warns against Nippon merger with US Steel, citing China steel glut
NIPPON Steel’s proposed US$14.9 billion takeover of U.S. Steel would create national security risks because it could hurt the supply ...
Chinese solar firm forced into bankruptcy as supply glut bites
MORE Chinese solar manufacturers are falling into restructuring or bankruptcy, with a deepening oversupply and fierce price wars causing massive ...
China 2024 rare earths quota growth set to slow amid supply glut
RARE earth quotas in China, which the world’s top producer uses to control supply, are set to rise at a ...
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