Insight Blog

The essential perspective on global commodities


01 Feb 2022

Fuel for Thought: Persian Gulf energy producers caught in the middle of new world order

Geopolitics has jumped ahead of market fundamentals at the beginning of 2022 as the major driver behind higher global oil and gas prices. Fears of a confrontation between the US-led NATO powers and Russia over the future of Ukraine have helped to push crude above $90/b . With concerns growing over dwindling global spare capacity, major producers in the Gulf region find themselves once again in a key position to ensure global demand is met by ample supply

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31 Jan 2022

Commodity Tracker: 4 charts to watch this week

Tensions between Russia and Ukraine are top of mind this week, along with China's efforts to clear the air during the Lunar New Year holiday and ahead of the Winter Olympics. US natural gas production and low-alumina ore prices are also in focus. 1. Total shutdown of Russian gas to Europe highly unlikely: Platts Analytics What’s happening? European gas markets rebounded late January amid concern about potential disruption to Russian gas flows into Europe should the US and its...

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27 Jan 2022

6 key drivers shaping China’s steel sector in 2022

China’s steel prices saw a rollercoaster ride in 2021 owing to mandatory steel output cuts aimed at reducing the sector’s carbon emissions. Markets are expected to see less volatility in 2022 as similar tough output cuts are unlikely to this year. China’s crude steel output is expected to rise in the first half of 2022 and then decline in the second half, with full-year production remaining within 2021 levels, industry sources and market participants told S&P Global Platts

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