Insight Blog

The essential perspective on global commodities


20 Sep 2021

Mapping out ADNOC’s downstream ambitions

In the 1970s when Abu Dhabi National Oil Co. was looking for a city to house its industrial staff, it chose a rural desert town close to its onshore fields with deep waters for easy access to oil tankers. Today, Ruwais is more than just a port city. It is key to ADNOC’s oil ambitions, including its quest to turn the newly-launched Murban futures contract into an international benchmark for oil headed to Asia. A $3

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20 Sep 2021

Commodity Tracker: 4 charts to watch this week

Gas prices are on top of our watchlist this week as benchmarks reach record levels amid high demand. Lithium carbonate is also seeing a rally, while butadiene has been hit by a glut. 1. Supply concerns drive up global gas prices What’s happening? A tight global gas market — triggered by a cold, long winter, strong competition for LNG cargoes, low storage levels, and constrained Russian gas flows to Europe—has pushed prices across the globe to record highs

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15 Sep 2021

Groundbreaking principle for carbon finance is emerging as Article 6 negotiations unfold

Policymakers meeting at the United Nations Climate Change Conference, or COP26, in Glasgow in November will face a subject set to change the future course of the voluntary carbon markets: the corresponding adjustment. A decision on this outstanding issue could be so strong it would cement a new core principle for carbon finance and may possibly trigger a split in the market

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