Energy Update
MOSCOW, June 10 (Reuters) - The Russian central bank is
unlikely to start buying foreign currency on the market to
replenish its foreign exchange reserves before the end of 2018,
the bank's Governor Elvira Nabiullina said on Friday.
MOSCOW, June 10 (Reuters) - The Russian central bank does
not rule out that oil prices will fall again and envisages a
level of $25 per barrel in its "risk" scenario, the bank's
Governor Elvira Nabiullina said on Friday.
MOSCOW, June 10 (Reuters) - The decision by Russia's central
bank to cut rates by 50 basis points on Friday cannot be called
the start of an easing cycle, the bank's governor, Elvira
Nabiullina, told a news conference.
MOSCOW, June 10 (Reuters) - The Russian central bank is
considering raising reserve requirements on rouble deposits, the
bank's Governor Elvira Nabiullina said on Friday.
Alumina prices in China have been on the rise since February--a complete reversal from last year when prices were crashing. Where could prices be headed in H2?
YENAGOA, Nigeria June 10 (Reuters) - An explosion rocked a
pipeline operated by a subsidiary of Nigeria's state oil company
in the West African country's restive Delta region late on
Thursday, a security official and a community leader both said
on Friday.
YENAGOA, Nigeria June 10 (Reuters) - An explosion hit a
pipeline operated by a subsidiary of Nigeria's state oil company
in the West African country's restive Delta region late on
Thursday, a security official said on Friday.
(Fri, 10 Jun 2016) Coal production in the first three months of 2016 was 173 million short tons (MMst), the lowest quarterly level in the United States since a major coal strike in the second quarter of 1981. Among the supply regions, coal production from the Powder River Basin in Montana and Wyoming declined the most in tonnage and percentage since the previous quarter.
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