Oil industry could ride out a further price slump to $25 a barrel since there is no sign within OPEC toward action to support oil prices. It shows that despite lobbying by Iran and Venezuela, there is little chance of collective action by ...
Tags: Oil industry, crude oil
Ukrainian mining and steel producing group Metinvest has announced that military action in Avdiivka and Yasinovataya in Donetsk region has disrupted the company's supply chain, threatening the finished steel output at its Azovstal and ...
Tags: Metinvest, announce, military action
Ukrainian mining and steel producing group Metinvest was forced to cut production volumes, due to the complicated situation in the market, SteelOrbis has heard. Metinvest will slow down all new orders and focus on fulfillment of earlier ...
Tags: Metallurgy, Mineral, Energy, Steel
The US Navy and 40 allies gathered in Bahrain Monday to begin two weeks of naval anti-mine exercises designed to keep the Persian Gulf open to oil shipping. Although the exercises, billed as the largest ever in the region, have been ...
Tags: US Navy, Allies, Persian Gulf
Many of you may already know that an Iranian lawmaker on Tuesday said his nation's military was set to practice closing the strategic Strait of Hormuz as part of upcoming military exercises. What you may not know is why that matters to ...
Tags: Metallurgy, Mineral, Energy, oil