Brazilian mining firm Vale has withdrawn its 2020 coking coal production guidance of 8mn-10mn t from its Moatize mine in Mozambique because of operational uncertainties caused by the Covid-19 pandemic.
News ID: 9193 Publish Date : 2020/04/20
China's power consumption for March has fallen on weaker demand from the manufacturing and services sector even as household use rose, suggesting that the nation's economy is still struggling to recover from the impact of the Covid-19 pandemic.
News ID: 9192 Publish Date : 2020/04/20
Vietnam's oil product imports in March were at the lowest monthly levels since January 2017 as the Covid-19 pandemic continues to hit demand.
News ID: 9175 Publish Date : 2020/04/16
Opec said today that it expects an "historic decline" in 2020 global oil demand to reflect the effect of the Covid-19 pandemic on consumption. It marks a drastic revision from its previous demand projection.
News ID: 9170 Publish Date : 2020/04/16
Kuwait's demand for jet fuel, including kerosine, and for gasoline plunged by 70pc and 55pc respectively in the past eight weeks, according to state-owned refiner KNPC, during which time the government has imposed stringent measures to contain the spread of the Covid-19 pandemic.
News ID: 9169 Publish Date : 2020/04/16
Slowing electric vehicle (EV) demand in China and disruption during the Covid-19 pandemic will continue to hit the major Chinese lithium producers, including Tianqi Lithium and Ganfeng Lithium, into the second quarter.
News ID: 9167 Publish Date : 2020/04/16
The European Commission said today that lifting containment measures imposed to tackle the Covid-19 pandemic should be done in a gradual, co-ordinated manner and only when a number of criteria have been met.
News ID: 9153 Publish Date : 2020/04/15
The global economy will shrink by 3pc this year, and few major economies will make up for the lost growth in 2021 as a result of collapsing economic activity in the wake of the Covid-19 pandemic, the IMF said today.
News ID: 9133 Publish Date : 2020/04/14
Air France–KLM said that its passenger traffic fell by 57pc year on year in March, as a result of "progressive extensions of capacity reductions" it imposed in reaction to the Covid-19 pandemic.
News ID: 9092 Publish Date : 2020/04/09
Asian clean and dirty tankers have just had one of their best first quarters in years as traders rushed to store oil products on the water as the COVID-19 pandemic slashed oil demand globally, but the boom in rates is not expected to continue beyond Q2.
News ID: 9065 Publish Date : 2020/04/06
The ongoing covid-19 pandemic has created “significant operating and financial challenges” for Sprott Resource Holdings’ (TSX: SRHI) primary operating asset Minera Tres Valles (MTV), the company stated in its 2019 annual report.
News ID: 8903 Publish Date : 2020/03/27