
OPEC Gets Another Supply Headache From Surging Brazilian Exports
Brazil’s most crippling recession on record is complicating life for OPEC.The nation’s growing oil...
China’s surging steel, iron ore inventories at odds with price gains
Something is not quite adding up in China’s iron and steel markets, with the reasons for the current rally in prices for both commodities jarring uncomfortably with actual data.
Surging Iron Ore Won’t ‘Fall Off a Cliff,’ Says Rio Tinto
Iron ore will defy forecasts for a dramatic price collapse as China’s economy remains strong and the top buyer boosts demand for higher-quality imports, according to Rio Tinto Group, the second-largest exporter.
China’s surging fuel exports less worrisome than costly crude for refiners – Russell
A surge in China’s diesel exports last month to record levels is probably the last thing refiners in the rest of Asia wanted to hear, but they should probably worry more about rising crude oil prices.