Steelmaker ArcelorMittal has agreed to acquire 80% of Voestalpine's share in its hot briquetted iron plant in Corpus Christi, Texas for Eur610 million ($680 million), both companies said April 14 in separate statements.
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Pakistan LNG Ltd has asked interested suppliers to submit bids by April 21 to supply LNG cargoes to meet demand for the summer season as the country grapples with frequent power outages, a
India is looking to procure Russian origin coal, leveraging the steep discounts offered by the latter compared to the Australian and the South African origin material amid a decline in stockpiles at domestic
Crude oil futures were higher in mid-morning Asian trade April 18, building on gains from late last week amid Libyan supply disruptions and the prospect of further reductions in Russian oil supply. At
Crude oil prices are expected to be weighed down in the week ending April 22 amid supply disruptions in Libya and the prospect of further reductions in Russian oil supply amid rising Ukraine
China's crude throughput slipped 1.5% year on year to 13.96 million b/d in the first quarter due to the dual blow of war-led lofty global oil prices as well as lockdowns imposed as
Asia's light ends markets are supported during the week of April 18-22 by stronger crude futures, with gasoline also boosted by the loosening of COVID-19 restrictions and naphtha demand getting some lift from
These are the stocks posting the largest moves in midday trading.
The largest single factor in the reduced growth forecast was a projected economic contraction of 4.1% across Europe and Central Asia.
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