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Australian met coal outlook not as strong as banks and investors think

Australian met coal outlook not as strong as banks and investors think

Years after major global banks began restricting finance for thermal coal used in power generation, many continue to support metallurgical (met) coal, a key raw material in conventional steelmaking. Banks often argue that, unlike coal-fired power generation, steel...

European gas surges to fresh 2022 highs on Middle East war strain

European gas surges to fresh 2022 highs on Middle East war strain

European wholesale natural gas prices surged to fresh 2022 highs on Monday, advancing for a fourth consecutive session as persistent supply risks stemming from the military conflict in the Middle East and critically low seasonal storage levels continued to stoke...

Russian wheat export prices drop on Black Sea peace hopes

Russian wheat export prices drop on Black Sea peace hopes

Russian wheat export prices declined last week as global grain futures responded to expectations of potential Black Sea peace negotiations, according to market analysts. Consultancy IKAR reported that by the end of last week, export prices for wheat with 12.5% protein...

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