Commodity prices have recently been affected by strengthening dollar, with oil, gold and wheat leading the decline. The U.S. dollar rose at the end of
Tag: US
Venezuela Signs a Deal with Russia’s Rosneft Worth $14 billion
Venezuela’s President, Nicolas Maduro, announced that Russia’s oil giant Rosneft and his country’s state-run PDVSA have agreed on a deal bringing about $14 billion in
Energy Union : New Impetus for Coordination and Integration of Energy Policies in the EU
Why is the Energy Union one of the main topics of current debate in the European Union? In 2013, 53 percent of the consumed energy
Saudis Refuse China’s Requests for More Oil
Saudi Arabia and other OPEC members have begun to turn down Chinese requests for oil as they keep crude in their storage facilities and refineries
Saudi Arabia Looks to China as U.S. Imports Fall
Saudi Arabia’s crude exports to the United States have recently hit their lowest level since the beginning of the financial crisis due to increasing imports
Hiring Practices at the Construction of an Iowa Fertilizer Plant in Accordance with Law
The officials of the Iowa Economic Development Authority supervising the construction of a $1.8 billion fertilizer plant in southeast Iowa said that the hiring practices
Oil Prices Hit a 2015 High as Libyan Production Declines
On Tuesday (5 May), oil prices hit their highest level this year, which was possible due to the declining output in Libya and the disruptions
Russia’s EuroChem Selected a Louisiana Site to Build a Urea Plant
The fertilizer giant EuroChem, Russia’s largest producer of phosphate fertilizers and nitrogen, has picked a 915-acre site in St. John the Baptist Parish in Louisiana,
Mounting Concerns in Oil Sector due to Yemen Bombing
Although Yemen is only a minor oil producer accounting for about 0.2 percent of the world’s oil production, recent bombing of the country by Saudi
US Geological Survey Finds Plenty of Potash Sources Worldwide
The US Geological Survey (USGS), a scientific agency of the United States government, has recently published an up-to-date and GIS-based assessment of both known and