Chicago corn and soybean futures edged higher on Friday, with bargain-buying lifting prices after both markets dropped to their lowest levels in three years, although […]
Commodities
World Wheat Supplies May Recover In 2024
World stocks of the crop, excluding China, have declined for four straight years and inventories are at their lowest level in 15 years. That will […]
In Contrast to Hungary, Romania Cannot Get Enough of Ukrainian Wheat
Grain traders have imported one million tons of Ukrainian wheat to Romania this season. This makes Romania the second largest export market for Ukrainian wheat […]
Buffett-Backed Occidental CEO Says Oil Shortage by 2025
Warren Buffett-backed Occidental Petroleum is predicting an oil supply shortage by 2025 due to global failure to replace crude reserves at a fast enough pace. […]
Russian coal exports keep falling, reducing supply on global market – Roman Bilousov
Russian coal exports declined further in 2024 amid economic sanctions and logistical issues. Recent US sanctions against SUEK and Mechel, meaning that these companies are […]
The Decline In Coal Appears To Have Been Exaggerated
Governments and international organizations have made ambitious pledges to reduce their emissions, a reduction that will require the phase-out of coal. Despite these pledges, countries […]
U.S. coal fired generation capacity saw a significant shift in 2023
U.S. coal fired generation capacity saw a significant shift in 2023, marking a continued decline in the industry. Let’s dive into the latest stats and […]
Abandon Coal Mines Are Being Repurposed Into Renewable Energy Hubs
In the U.K., the government is investing in the assessment of the potential for old coal mine sites to be converted into renewable energy hubs. […]
Roman Bilousov: Chinese Coal Demand May Dampen Shell’s Ambitious LNG Forecast
Shell has come out with a bold forecast that global LNG demand will rise by 50% by 2040, largely on the back of China-led growth […]
From Coal to Clean: The Economic Challenge of Shifting Energy Paradigms
A total switch to renewable energy is going to wreak havoc on job markets in the United States. In some places, this will be a […]