Siyi Liu
Oil shipping rates surge after US sanctions hit availability
Supertanker freight rates soared after U.S. sanctions on Russia, prompting traders to rush to book vessels from elsewhere.
Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs
Canada and Mexico may cut prices and shift oil supply to Asia if Trump enacts 25% U.S. crude import tariffs.
Vitol CEO sees $70-$80/bbl oil prices in 2025, flags supply uncertainty
Oil prices have been capped by concerns about an unwinding of OPEC+ supply cuts in 2025 and China's weak oil demand growth.
China’s cheap Iranian oil supply at risk from tighter Trump sanctions
China may face an Iranian oil squeeze, 13% of its imports, if Trump enforces sanctions after his January return.
China July copper imports decline on weak demand; Jan-July up
Chinese copper imports down as consumption slows and high domestic production increases stocks.
Nornickel in talks to build China nickel plant for battery sector
CNGR Advanced Material and Brunp Recycling, a subsidiary of Chinese battery giant CATL, are among the firms approached by Nornickel.
Nornickel in talks to move smelting plant to China, sources say
Russian mining giant Nornickel's China ambitions come after Ukraine war caused metal exchanges to be banned from accepting products.
