Copper production will double in 30 years, says Australian mining company
Vice president of Australian company BHP Tariq Salaria believes copper mining will need to double within 30 years if rising demand for this valuable...
Goldman Sachs recommends buying commodities next year
US investment bank Goldman Sachs is confident that commodity markets will outperform the average performance of markets with different types of assets next year....
OPEC and its allies likely to extend restrictions on oil production
Although restrictions on oil production were expected to gradually begin to loosen early next year, waning demand for black gold is likely to lead...
An effective vaccine will lead to a resumption of growth in oil demand, but...
Pfizer and BioNTech's report on the high effectiveness of their vaccine has boosted optimism in both financial and commodity markets. While the coronavirus epidemic has...
Kuwait backs any OPEC decision on oil production volumes
Kuwaiti officials have said they are ready to support any decision by OPEC and its allies to extend restrictions on oil production until next...
At the turn of the year, there is a risk of a nickel surplus...
A tonne of nickel traded on the London Commodity Exchange on Tuesday for more than $ 16,000. This is the highest level in the course...
German shares fall to four-month low
The start of the new trading week was not successful for German stocks. The main index of the Frankfurt Stock Exchange fell 3.7 percent, with...
Brazilian mining company Vale negotiates nickel supply with Tesla
Both Vale and Tesla are interested in a mutual agreement. The electric car manufacturer needs to ensure a stable and long-term supply of nickel...
The Eastern states of Germany want the completion of the Nord Stream 2 project
While Federal Chancellor Angela Merkel can imagine ending the near-finished Nord Stream 2 project, which should see Russian gas flowing into Germany, the eastern...
Who will mess with the oil market will burn itself badly, says Saudi Arabian...
Saudi Arabia's energy minister, Prince Abdulaziz bin Salman warned oil traders against messing with the market. Anyone who wants to push the price of...