India and China have overtaken the traditionally dominant crude buyers, such as Japan, and challenged the United States as the world’s biggest oil consumer. The
Tag: China
Crude Oil Unlikely to Go Up Much This Year
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
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
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
BPC Signs Deals with Vietnam on Fertilizer Shipments
Belarusian Potash Company (BPC) has finalized talks on two three-year memorandums with Vietnam on the shipments of potash fertilizers. The documents were signed in Hanoi
China-Iran Oil Deal Shows Discontent within OPEC
China has recently renewed its oil purchase contracts with Iran, thus boosting the confidence of Teheran to re-establish itself in global energy markets. At the
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.
Canpotex Plans to Announce Expansion Plans Around Late 2016
The new CEO of Canpotex Ltd, Ken Seitz, expects that the company will decide towards the end of next year where to expand its West
Potash Giants to Refocus on Specialty Products Due to Weak Prices
Potash producers are going to support sales by boosting higher-margin specialty products in response to another round of tough talks with big buyers in India
China and India Lobbying for Potash Discounts
According to the chief executive of ICL Israel Chemicals Ltd, Stefan Borgas, China and India are trying to negotiate a discount on the price of