Copper prices continue to surge towards record levels
The war in Iran and expected higher demand in China are two factors driving raw copper prices toward record levels.
BusinessThe war in Iran and expected higher demand in China are two factors driving raw copper prices toward record levels.
BusinessThe US bombing of Kharg Island could have a domino effect - affecting the price of gasoline and diesel. That's what commodity analyst Christian Kopfer believes. He says it could have far-reaching consequences.
WorldWestern members of the International Energy Agency (IEA) have agreed to release 400 million barrels of crude oil from their reserves to curb price increases amid the Iran war. The decision was unanimous.
BusinessGasoline prices in Sweden are rising after the weekend's attacks in the Middle East. The price at the pump could jump 10 percent within a month if the conflict continues. That would be a real blow, says Handelsbanken's commodities expert Christian Kopfer.
BusinessUS oil companies are ready to make huge investments to revamp Venezuela's neglected oil industry, according to US President Donald Trump. However, low oil prices and major political risks in Venezuela could scuttle those plans, analysts warn.
BusinessFilling up your car with gasoline hasn't been this cheap since the pandemic. At the cheapest Swedish gas stations, a liter costs under 14 kronor on Tuesday.
BusinessIt could soon be cheaper to fill up your petrol or diesel tank. The world market price of crude oil is falling as a decision on increased production is expected ahead of this weekend's meeting of the OPEC+ cartel – where Russia and Saudi Arabia are holding the reins.
Business”Significant sanctions” await Russia if NATO countries stop importing Russian oil, according to the US President Donald Trump. Commodity analyst Christian Kopfer assesses the scenario as ”spontaneously unlikely”, but continues: One can never say for certain when it comes to Trump, that's the problem.
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