Search For "commodity"
India extends ban on de-oiled rice bran export by four months
Updated : 2 years ago IST
The government had initially banned the export of the commodity derivative in July 2023 for four months and later extended it till March 2024.
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Biden opposes Nippon's acquisition of US Steel, cites importance of domest
Updated : 2 years ago IST
According to S&P Global Commodity Insights, Biden's statement adds to the growing scrutiny surrounding the deal, which has implications for national security, economic stability, and the future of US steelworkers.
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US LNG cargoes forge maritime path around cape of good hope amidst global
Updated : 2 years ago IST
According to S&P Global Commodity Insights, the journey around the southern tip of Africa has become a preferred alternative for LNG exporters, with the latest data indicating a significant uptick in this maritime path.
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Asian crude buyers unlikely to face supply squeeze as OPEC+ navigates supp
Updated : 2 years ago IST
The recent decisions by OPEC+ and Russia to extend production cuts have provided a semblance of clarity in the near-term supply trajectory for global crude oil and Asian crude buyers are unlikely to face a supply squeeze as plentiful non-OPEC supplies are set to fill the potential void, trad
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BW Group's LR1 tanker collides with BPCL's import mooring near India's Wes
Updated : 2 years ago IST
According to S&P Global Commodity Insights, sources with direct knowledge of the matter confirmed the incident on Monday, reassuring that prompt remedial measures were underway.
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India pushes for design changes in coal power plants to utilize local reso
Updated : 2 years ago IST
According to a report by S&P Global Commodity Insights, the proposal, outlined in a report released by an inter-ministerial committee on March 7, also includes considerations for imposing higher taxes on imports of coal with high gross calorific value (GCV).
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MethaneSAT revolutionizes climate action: Satellite launched to expose glo
Updated : 2 years ago IST
According to S&P Global Commodity Insights, developed by a consortium of leading institutions and organizations, including the Environmental Defense Fund (EDF), MethaneSAT promises to revolutionize efforts to identify and address large emitters of methane, a potent greenhouse gas.
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Toyota turbocharges battery game: Secures full control of battery joint ve
Updated : 2 years ago IST
According to S&P Global Commodity Insights, the announcement was made on Tuesday, marking a significant development in the automotive and energy sectors.
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Asia-Pacific LNG market buzzes with activity as Platts JKM hits multiyear
Updated : 2 years ago IST
According to S&P Global data, 12 entities reported a total of 103 bids, offers, and trades, contrasting with only four entities reporting 20 bids and offers in February 2023.
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OPEC+ extends output cuts through Q2; Russia announces additional reductio
Updated : 2 years ago IST
According to S&P Global Commodity Insights (GCI), this decision comes amidst ongoing efforts to stabilize oil markets and counteract increasing output from rival producers such as the US and Brazil.
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MCX, Indonesia's JFX ink MoU for knowledge sharing and market development
Updated : 2 years ago IST
Multi Commodity Exchange of India (MCX), an exchange in the commodity derivatives market segment, and the Jakarta Futures Exchange (JFX), the largest exchange in commodity and derivatives market in Indonesia, have entered into a Memorandum of Understanding (MoU) to enhance collaboration i
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Vale charts course for iron ore dominance, unveils production targets and
Updated : 2 years ago IST
In a recent announcement by CEO Eduardo Bartolomeo, the Brazilian miner outlined its plans to ramp up annual iron ore production to a staggering 340-360 million metric tons by 2026, according to S&P Global Commodity Insights (GCI).
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