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Energy

U.S. natgas futures rise 2% on lower daily output, higher demand this week

portnews -
U.S. natural gas futures gained about 2% on Wednesday on a big drop in daily output over the past three days and forecasts for...
Energy

U.S. crude output to rise 720,000 bpd in 2022 -EIA

portnews -
U.S. crude oil output is expected to rise 720,000 barrels per day to 11.91 million bpd in 2022, the government said in a monthly...
Energy

UAE, Saudi energy ministers hit back at ‘NOPEC’ bill, say it could send oil prices surging

portnews -
Top OPEC ministers have hit back at new U.S. legislation intended to regulate its output, saying such efforts would bring greater chaos to energy...
Finance

FX Daily: Big day for the Czech National Bank

portnews -
USD: Higher core inflation should keep Fed tightening intact Global FX markets appear a little calmer today, helped by some stability in Chinese asset markets....
Energy

Oil jumps more in three weeks as EU plans strictest ban yet

portnews -
OIL rallied as supply concerns took centre stage with the EU threatening to ban Russian supplies this year and US regional fuel inventories dropping...
Fuel Bunkering Power

There are no profitable green fuel options for shipping at the moment

portnews -
The “12th Annual Capital Link Greek Shipping Forum” was held in Athens on Thursday, May 5th, 2022, as an in-person event, at the Grand...
Market

Copper gains after half of Shanghai achieves ‘zero-COVID’ status

portnews -
Copper and most of the other industrial metals rose on Wednesday, as signs of lower domestic COVID-19 infections in China lifted sentiment, although demand...
Market

Malaysia palm oil production, exports to rise 30% by end-2022: Minister

portnews -
Malaysia’s production and exports of palm oil are expected to rise 30 per cent by the end of this year, amid increased demand after...
Companies

HMM to Deploy More Vessels as Port Congestion Persists

portnews -
HMM Co., the biggest container-shipping line in South Korea, will continue deploying more vessels than usual to try to meet demand from the country’s...
Market

Bear funds flex muscles on copper as macro outlook darkens

portnews -
Hedge funds are turning increasingly bearish on the copper market amid mounting evidence that global manufacturing activity is starting to stall. Bears now outnumber bulls...
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