Energy

The proximate causes of the move are twofold. Repeated Ukrainian strikes on Russian refining infrastructure have disrupted domestic production capacity, damaging facilities and forcing extended downtime at key sites. At the same time, higher crude oil costs — themselves elevated by the ongoing US-Iran …

The concern centers on the Strait of Hormuz, through which roughly one-fifth of global oil and LNG trade passes. Since Europe pivoted away from Russian pipeline gas following the invasion of Ukraine, the continent has become considerably more reliant on seaborne LNG cargoes to …

As a building block used in the production of formaldehyde, acetic acid, and a range of downstream chemicals, as well as an increasingly important fuel and fuel-blending component in China, methanol demand is closely tied to the health of the country's industrial and manufacturing …

Coking coal, distinct from the thermal coal used in power generation, is a critical input for blast-furnace steel production, where it is used to produce coke — a key reducing agent in converting iron ore into steel. Its price trajectory is therefore closely tied …

The immediate trigger was Freeport LNG's confirmation that maintenance work at its pre-treatment and liquefaction units would begin on July 10 and run through late August. The extended outage window means less US gas will be pulled toward export terminals over the coming weeks, …

Both sides have so far stopped short of all-out war, with Washington reiterating its commitment to a negotiated solution and parts of the existing interim agreement between the two countries said to remain in effect. That has been enough to keep gasoline traders from …

India, the world's second-largest coal consumer, has been steadily reducing its reliance on imports. A weaker rupee has made foreign coal purchases more expensive in local-currency terms, while an upward revision to estimates of domestic production has given utilities more confidence to substitute homegrown …