Energy Update

You are here

Home » Global Read

RPT-Supply of quality copper concentrate shrinks, sows seeds of price support

MELBOURNE/TOKYO, July 3 (Reuters) - Supply of high quality copper concentrate shrank more than expected in the first half of this year due to output delays in top miner Chile, squeezing the pipeline for metal producers and likely supporting prices later in 2015, traders said.

Supply of quality copper concentrate shrinks, sows seeds of price support

MELBOURNE/TOKYO, July 3 (Reuters) - Supply of high quality copper concentrate shrank more than expected in the first half of this year due to output delays in top miner Chile, squeezing the pipeline for metal producers and likely supporting prices later in 2015, traders said.

REFILE-Iron ore price fall a sign China's economic might waning

SYDNEY/SHANGHAI, July 3 (Reuters) - Iron ore prices dropped to the lowest in more than two months on Friday, sending shivers through the mining industry and heightening worries that Chinese economic activity is slowing just as ore piles up at its ports.

BUZZ-BP: market cheers Gulf spill settlement

** BP shares up c.2 pct, after rising 5 pct yesterday, following news of its settlement to resolve claims from its Gulf of Mexico oil spill five years ago

The low-down on base metals: prices remained under pressure in June

The Greek debt drama, China's slower growth and the potential date for the US rate increase all weigh on investor sentiment.

UPDATE 2-Oil prices drop on rising US rig count, China stock market probe

* Brent slips below $62 a barrel (Adds comment, updates prices)

UPDATE 2-Solar-powered plane breaks solo flight record across Pacific to Hawaii

HONOLULU, July 2 (Reuters) - A Swiss man attempting to circumnavigate the globe with an aircraft powered only by the sun's energy has broken a world record for the longest non-stop solo flight, the project team said on Thursday.

Australia mining shares tumble as iron ore price at two-month low

SYDNEY, July 3 (Reuters) - Shares in Australia's biggest iron ore miners tumbled on Friday, after the price of the steel making raw material hit the lowest in more than two months amid further evidence of growing shipments to China.

Japan power group aims for 35 pct CO2 emissions cut by 2030-Nikkei

TOKYO, July 3 (Reuters) - Japan's major power firms are seeking to cut greenhouse gas emissions by more than a third by 2030 compared with 2013 levels by relying on nuclear power, the Nikkei business daily reported.

S.Korea's Hanwha Chemical says explosion at PVC plant, five killed

SEOUL, July 3 (Reuters) - South Korea's Hanwha Chemical Corp said there had been an explosion at one of its plastic production plants, leaving five dead and one person missing.

Pages

GET IN TOUCH

  • 1875 I Street NW, International Square, 
       Washington, District Of Columbia, 20006
  • Phone: +1 (888) 317-3839
  • Email: info@mglllc.com

About

Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.

Photos