This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Many countries worldwide rely heavily on China for the supply of their solar panels, as the worlds biggest producer of the equipment, contributing 77.8 percent of global production. Recently, there have been rising concerns over potential slavery in the supply chain due to the poor conditions faced by many Chinese workers in the industry.
Complete Shutdown of Coal-Fired PowerEurope's Solar Market Sees New Changes Justrecently,Finlandannouncedasignificantdevelopmentinitsenergysector.OnApril1st,theFinnishgovernmentdeclaredthatFinlandwouldcompletelyceaseusingcoalf.
The Rare Earths MMI (Monthly Metals Index) moved sideways, edging up by a slight 1.82%. The global rare earth market has taken a significant hit lately, thanks to a combination of natural disasters and big geopolitical moves. A strong earthquake in Myanmar and the recent wave of U.S. tariffs have thrown this somewhat delicate industry into even more uncertainty.
By John Lee. Eight key members of the OPEC+ alliance , including Iraq, have agreed to increase production starting in May 2025, citing healthier global market fundamentals and a positive outlook. At a virtual meeting held on 3 April 2025, the countries reviewed market conditions and confirmed they would implement a 411,000 barrels per day (bpd) production increase in May.
End of Installation Rush Approaching, Turning Point in Supply Chain Prices Nearing PolysiliconThemainstreamconcludedpriceformonorechargepolysiliconisRMB41/KG,whilemonodensepolysiliconispricedatRMB40/KGandN-typegranularpolysiliconiscu.
By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Tariffs, Oil Prices, and the Budget The market, as measured by the Rabee Securities U. S. Dollar Equity Index (RSISX USD Index), was up 1.6% for the month, and 0.2% for the year. The market continued with the process of consolidating its gains that started in December, following a blistering 35.9% rally since late August, and just
By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Tariffs, Oil Prices, and the Budget The market, as measured by the Rabee Securities U. S. Dollar Equity Index (RSISX USD Index), was up 1.6% for the month, and 0.2% for the year. The market continued with the process of consolidating its gains that started in December, following a blistering 35.9% rally since late August, and just
DOE Tags 16 Federal Sites for AI Data Centers EDITORIAL: DOE’s Data Center RFI and DOGE Firings of Agency Staff Don’t Mix CNSC Issues Construction License for BWRX300 at OPG’s Darlington Site NANO Nuclear Takes Over Ultra Safe Project at University of Illinois UK Government Invests £20 Million In ‘Starmaker One’ to Accelerate Nuclear Fusion.
U.S.-based investment firm Stonepeak will acquire a 40% stake in Woodside Energy’s Louisiana LNG project and contribute $5.7 billion in capital expenditures, the Australian energy company said on Monday. Under the partnership, Stonepeak, which manages about $72 billion in assets, will contribute $5.
As part of his visit to the petroleum facilities at Ain Sokhna Port on the Red Sea coast, Minister of Petroleum and Mineral Resources, Karim Badawi, visited Sonker Bulk Liquids Terminal (SBLT): Basin-3, Sokhna Port. The terminal was established as one of Egypt’s most important strategic hubs on the RedSea coast, alongside SUMED facilities for receiving, exchanging, and storing petroleum products and imported liquified natural gas (LNG), and pumping it back into the national grid after rega
Goldman Sachs revised down its annual average price forecasts again for Brent and WTI crude in 2026, citing increased recession risks and the possibility of higher-than-expected OPEC+ supply. In a note dated April 6, the bank cut its 2026 average price forecast by $4 for Brent to $58 a barrel and WTI to $55.
Minister of Petroleum and Mineral Resources, Karim Badawi, visited the infrastructure for receiving, and storing petroleum products and LNG at Sokhna Port, operated by Sumed and Sonker companies. The tour included visiting the facilities of receiving crude oil and petroleum products, the main control unit, and the new natural gas transferring projects to receive the imported gas at the port then pumping it into the national gas grid, contributing to covering the domestic consumption requirements
Petrobras has completed work on a veterinary center in the Amazon region that is required for it to obtain an environmental permit for an offshore drilling project
H2 Reality Check The impact of geopolitical shifts on energy security and global sustainability efforts. The EU's history of energy dependencies, exemplified by Germany's reliance on Russian gas, underscores the need for diversification and reduced reliance on single sources. Prioritizing hydrogen in sectors without viable alternatives while enhancing source diversification.
By John Lee. Genel Energy plc has announced that its subsidiary, Genel Energy Miran Bina Bawi Limited (GEMBBL) , has been ordered by the London Court of International Arbitration (LCIA) to pay the Kurdistan Regional Government (KRG) a total of $26.87 million in recoverable costs. The ruling follows a claim brought by the KRG in December 2021, with the Tribunal issuing its Final Award on Costs under the LCIA Rules and the Arbitration Act 1996.
The reciprocal tariffs that the world has been holding its breath about are here, stock markets are reeling, and crude oil took a dive. The question now is whether tariffs will hurt oil demand for longer or whether the effect will be transitory, with prices rebounding before long. For now, a majority of observers appear to agree that the tariffs that U.S.
U.S. oil prices dropped below $60 a barrel on Sunday as the global market sell-off on recession fears fueled by President Donald Trump's tariffs escalated.
Saudi Arabia cut the official selling prices for its oil sharply ahead of a production boost set for next month. The sharpest cut was made for the price of oil sold in Asia, with flagship Arab Light set to be $2.30 per barrel cheaper in May, at a premium of $1.20 per barrel over the Dubai/Oman benchmark. This is the sharpest price cut in over two years, Reuters reported.
Stock markets in the Gulf fell sharply on Sunday as U.S. President Donald Trump’s drastic trade tariffs and countermeasures from China stoked fears of a trade war and the prospect of a global recession. China’s finance ministry said on Friday it will impose additional 34% tariffs on all U.S.
Energy firms have slowed construction of offshore wind farms in the U.S. for various reasons in recent years, including, most recently, opposition from U.S.
Futures markets around the globe were under pressure again on Sunday as futures opened, continuing the trend seen since last Wednesday afternoon. WTI Crude oil broke to a new 4-year low below $60/bbl, sitting at $59.75/bbl at 5:35pm MST Sunday night before recovering back above $60/bbl.
The U.S. stock market tanked for a second day running on Friday, with the S&P 500 falling -4.5% a day after U.S. President Donald Trump unveiled reciprocal tariffs, including a baseline 10% tariff applied on imports from all countries. The energy sector was one of the hardest hit by the tariffs, with the Energy Select Sector SPDR Fund (NYSEARCA:XLE) falling -7.4% on the day thanks to the ongoing oil price crash.
Tariff-stunned markets face another week of potential tariff turmoil, with fallout from President Donald Trump’s sweeping import levies keeping investors on edge after the worst week for U.S. stocks since the onset of the coronavirus crisis five years ago.
It is 3 April, so any country buying Venezuelan oil must face a 25% tariff on all its trade with the United States. That is according to President Donald Trumps executive order signed on 24 March. The White House has also ordered companies with sanctions waivers to quit Venezuela by 27 May, including Chevron, Repsol, and Maurel et Prom. But it looks like some traders are undaunted by the U.S. governments threats.
Oil prices fell more than 3% on Monday, extending losses from the previous week, on growing concerns that a global trade war could slow the global economy and weaken oil demand, following China’s retaliation against U.S. President Donald Trump’s tariffs. Brent futures declined $2.1, or 3.2%, to $63.48 a barrel at 1027 GMT, while U.S.
A look at the day ahead in European and global markets from Wayne Cole Another day, another rout in Asian markets as President Trump shows no sign of backing away from his tariff plans despite the bonfire of wealth engulfing equity markets.
62
62
Input your email to sign up, or if you already have an account, log in here!
Enter your email address to reset your password. A temporary password will be e‑mailed to you.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content