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HomeTop News

Top News

Stillwater
Rare Earth Minerals

$100M rare earth metals manufacturing facility announced for Stillwater

June 10, 2022 Mariel Alumit

STILLWATER, Okla. — Magnets found in so many everyday items like cell phones could soon come from the ground in Oklahoma. A company is about to spend $100 million to build a facility in Stillwater. […]

6102022
Overnight Oil Report

Crude oil futures fall on stronger US dollar, stagflation concerns

June 10, 2022 Mariel Alumit

Crude oil futures were down in mid-morning Asian trade June 10, facing headwinds from a stronger US dollar and stagflation concerns, but sentiment remained supported from steady demand during peak driving season. At 10:42 am […]

Russian
Geopolitical

Russian gas deliveries to Europe via main routes remain steady

June 10, 2022 Mariel Alumit

June 10 (Reuters) – Russian gas delivery to Europe via the Nord Stream 1 pipeline across the Baltic Sea and through Ukraine remained stable on Friday morning, while eastbound flows rose along the Yamal-Europe pipeline […]

Overnight Oil Report

Crude oil futures extends gains on tight US gasoline inventories, rebounding demand

June 9, 2022 Mariel Alumit

Crude oil futures were higher during mid-morning Asian trade June 9 on the back of a rebound in demand from China and the US, with tighter gasoline inventories in the US adding to the bullish […]

LNG
Exports

U.S. Natural Gas Prices Drop After Explosion At Freeport LNG Terminal

June 9, 2022 Mariel Alumit

An explosion at a liquefied natural gas (LNG) export terminal in Texas has sent natural gas prices downward as emergency crews respond and details continue to flow in. At 11:40 a.m. CT, an explosion rocked […]

Canada
International News

Gas prices continue to surge higher in Canada, with more increases expected next week

June 9, 2022 Mariel Alumit

Gasoline prices continued to trend upward across much of Canada over the weekend and experts warn more increases are coming. The Canadian Automobile Association says national average gas prices rose to nearly $2.06 on Sunday, […]

ESG
Rare Earth Minerals

Natural Gas, Oil Players Eyeing Lithium to Build ESG Cred

June 9, 2022 Mariel Alumit

The level of interest in lithium extraction produced water, aka brines, among exploration and production companies, oilfield services firms and others is “growing,” said Lium Research partner Joseph Triepke. “Three to five years ago, almost no […]

Houston Refinery
Commodities

Premature Closure Of Houston Refinery Could Worsen The Fuel Crunch

June 8, 2022 Mariel Alumit

U.S. refining capacity could take a hit from an earlier than planned closure of a major refinery in Houston, which could worsen the refining and fuel crunch in the country. LyondellBasell—which announced in April that it would […]

rare earths
Fossil

As demand for rare earths rises, world’s biggest producer might stop exporting them, says analyst

June 8, 2022 Mariel Alumit

China, the world’s biggest producer of magnet rare earth oxides could stop exporting the group of minerals within the next decade due to increasing domestic demand and a shortage in global supply, said Ryan Castilloux, […]

Crude Oil News

Permian to the rescue: Core US basin’s oil production growth to outpace rivals this year and next

June 8, 2022 Stu Turley

Permian oil production growth is set to outpace OPEC heavyweight Iraq this year and next as demand for oil surges on historically tight supply, Rystad Energy research shows. Total oil output from the Permian, including both […]

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