South America looks at creating “lithium OPEC”
Mining News Pro - Argentina, Chile, Bolivia and Brazil are analyzing the creation of a lithium cartel of sorts in charge of expanding South America’s processing capacity, turning more of their mined lithium into batteries and tapping into the electric vehicles (EVs) manufacturing sector.
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Visit: 282
Mineral-rich countries want to form an OPEC for battery minerals
Mining News Pro - Indonesia is considering a cartel for nickel and cobalt, while Argentina, Bolivia, and Chile are in "advanced talks" about a "lithium OPEC"
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Visit: 325
Oil posts first monthly drop this year as OPEC hikes supply
Mining News Pro - Oil marked its first monthly decline since November as OPEC+ completed the return of output it halted during the pandemic and signs emerged that the US economy was on weaker footing than expected.
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Visit: 497
Oil little changed after historic Opec+ deal to cut production
Mining News Pro - Oil surrendered gains after rising in early trading as investors weighed whether an unprecedented deal by the world’s biggest producers to cut output would would be enough to steady a market pummeled by the coronavirus.
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Visit: 639
Saudi`s Falih says oil stocks still building, but Opec to act if needed
Mining News Pro - Saudi Arabia`s Energy Minister Khalid al-Falih said on Saturday that Opec will be responsive to the oil market`s needs, but that he was not sure there is an oil shortage with data, particularly from the United States, still showing inventories building.
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Visit: 1057
Oil holds drop on doubts over Opec curbs and US supply threat
Mining News Pro - Oil held its biggest loss in two weeks as uncertainty over how the OPEC + coalition will implement its output cuts and the prospect of surging US supplies kept investors wary.
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Visit: 863
Oil rises as OPEC, partners discuss supply cut
Mining News Pro - Oil rose on Wednesday, recouping some of the previous session’s slide, on the growing prospect of OPEC and allied producers cutting output at a meeting next month to prop up the market.
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Visit: 1071
OPEC sees slower 2019 oil demand growth, warns on economy
Mining News Pro - OPEC on Wednesday further trimmed its forecast for 2019 global oil demand growth and said the risk to the economic outlook was skewed to the downside, adding a new challenge to the group’s efforts to support the market next year.
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Visit: 987
Alignment of OPEC and Brent prices on the global market
Mining News Pro - Brent crude for the North Sea valued at $ 74 and $ 90 a barrel for OPEC`s oil basket in the world market for $ 72 a cent.
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Visit: 930
The return to the black market / OPEC oil market rose to $ 75
Mining News Pro - Brent crude for Brent North at $ 77 and $ 11 and the OPEC basket was traded at $ 75 and 21 cents in the global commodity market.
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Visit: 1059
The fall in oil prices in the global
OPEC oil market is over $ 73
Mining News - Barrels of US-style crude oil traded at US $ 64 and 32 cents, as well as OPEC`s basket of valued at $ 73 and 35 cents in the global market.
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Visit: 1128