
The empire of China’s copper tycoon is wobbling
From a start guarding trains full of metal from thieves on freezing winter nights, He Jinbi built a copper trading house so powerful that it handles one of every four tons imported into China. A […]
From a start guarding trains full of metal from thieves on freezing winter nights, He Jinbi built a copper trading house so powerful that it handles one of every four tons imported into China. A […]
ENB Pub Note: This will affect oil and gas pricing globally. If Putin is pushed out from China and India’s oil and gas sales, there will be dramatic price increases in energy commodities pricing. After […]
Commodities groups are sounding the alarm as a potential railway strike threatens to cripple transportation of vital goods from food and lumber to coal. Freight railroads and labor unions worked through the weekend to try […]
HOUSTON, Sept 12 (Reuters) – U.S. emergency crude oil stocks fell 8.4 million barrels last week to 434.1 million barrels, their lowest since October 1984, according to U.S. Department of Energy (DOE) data released on […]
WASHINGTON, Sept 11 (Reuters) – U.S. Treasury Secretary Janet Yellen on Sunday said Americans could experience a spike in gas prices in the winter when the European Union significantly cuts back on buying Russian oil, […]
China is the world’s most populous country (1.4 billion people in 2020) and has a fast-growing economy. It was the largest energy consumer and producer in the world in 2020.1 We expect that China’s energy demand […]
The University of Texas at Austin may soon unseat Harvard as the wealthiest school in the U.S. How has it managed to do this? In a word: Oil. At a time when large sovereign wealth […]
This month, Australia’s third-biggest power provider EnergyAustralia revealed it had plunged to a $1.6 billion loss for the first six months of this year. Key points: Australia’s biggest power provider AGL on Friday reported a […]
Global oil markets face a high risk of a supply squeeze this year as demand remains resilient and spare production capacity dwindles, the new head of OPEC said. Fears over slowing consumption in China and […]
[Scene: Suburbia. A harried wife returning home from work. Angry slamming of a front door.] “I’m home! Where are you? What the hell is going on? Why is the garage full of cash? I can’t […]
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