Analysts generally do not expect oil prices to rally much this year as sluggish demand growth seems to be unable to deal with rising supply
Category: Markets
Waning of the Chinese Commodity Boom to Continue in 2016
The piecemeal waning of China’s ten-year old commodity boom that started last year is expected to continue in 2016 as well. The slowdown of the
2015 Review: A Very Disappointing Year for Potash Corp
In 2015, the shares of Potash Corporation of Saskatchewan have fallen by more than 48 percent, marking one of the company’s most disappointing annual performances.
Oil Prices at Their Lowest Levels Since 2004
Yesterday (21 December), oil price fell to its 11-year low responding to the flow of fresh supplies that will outstrip the world’s demand. The price
Russia Boosts Crude Sales to Asia Endangering OPEC’s Market Share
Russia has strengthened its position in Asia by shipping almost a quarter more crude in 2015, which blunted OPEC’s drive to gain consumers in the
OPEC’s Crude Price Forecast: 2016 ‘Hopeless’ but 2017 Somewhat ‘Hopeful’
OPEC says that crude prices are very unlikely to head north in 2016 due to the additional supply from Iran, which is beginning to boost
Potash Corp Expected to Suffer More Loss of Revenue Next Year
Agricultural commodities are forecasted to suffer from oversupply and weak demand next year as well, which again means less revenue for major players in the
OPEC Says Oil Output Highest in Three Years
OPEC increased its crude output more in November than in any month since late 2008 since it insisted on its policy to protect market share
Canpotex as ‘OPEC’ and PotashCorp as ‘Saudi Arabia’ of the Potash Industry
Potash prices have gone down by US$15 per ton to US$282 per ton from US$297 since March this year. In the light of last week’s
Russian Fertilizer Maker Acron in Talks over Investments for a $1.6 Billion Potash Project
The Russian fertilizer producer Acron JSC is negotiating the joint development of a $1.6 billion potash project with investors from India, China and Arab countries.