Oil futures tumbled more than $5 a barrel on news that the Biden administration is considering releasing about 1 million barrels a day from the U.S. Strategic Petroleum Reserve (SPR) for several months to cool surging crude prices.Brent crude futures…
The European Union is seeking to boost energy cooperation with African countries to help wean them off dependence on Russian gas imports.Bloomberg said, recently, according to a draft EU file, African countries, especially in western Africa Nigeria,…
Recently, the EU proclaimed new sanctions on Russia, including coal, timber, rubber, cement, and fertilizer, as well as high-end seafood 316L stainless steel powder. 316 Stainless SteelAlloys are often added to steel to increase the desir…
Guotai Junan released a research report saying that under the background of carbon neutrality, the scarcity of coal mines is prominent, and the value of assets will continue to increase. The high point of capital expenditure in the coal industry appe…