Australia’s mining and energy export earnings are projected to fall 6% in 2024 as iron ore prices dip and Chinese demand slows
In the News
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Oil prices rise as traders assess U.S. tariffs and tightening crude supplies, with concerns about the global economy
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Judge rules that Biden’s administration lacked authority to cancel Alaska oil leases, potentially reversing the drilling ban in the Arctic Refuge.
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Pemex pursues a diversification strategy for motor fuel and crude oil exports, following U.S. tariff threats against Venezuela oil trade
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President Trump announces a 25 percent tariff on countries buying Venezuelan oil and gas, with China being the largest buyer.
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Iraq plans to raise oil production to 6 million bpd by 2029, backed by a BP deal and OPEC+ commitment to global output reductions
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Federal regulators approve SPP grid expansion, making it the first U.S. operator to manage power across both major electric interconnections
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Oil prices rise with U.S. fuel demand as the market watches the Ukraine ceasefire discussions and the Fed’s interest rate decision.
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Kazakhstan’s oil minister was ousted after the country exceeded OPEC+ quotas, facing backlash for overproduction and defiance of production limits
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Oil prices rise as U.S. military strikes against Houthis and positive China economic data boost global oil demand outlook.