May 2021 – Page 2 – Commodity Trading Major

China cracks down on foreign companies stockpiling rare earths August 15, 2025
Beijing determined to retain leverage over supply by preventing buyers from building large inventories
BlackRock strikes $11bn Saudi Arabian natural gas deal August 14, 2025
Agreement is kingdom’s latest effort to attract foreign capital
Thyssenkrupp cuts outlook as trade turmoil dents sales August 14, 2025
Chief says industrial group is ‘very much feeling the weak market environment’ despite higher defence spending
Opec oil ‘price war’ will halt shale boom, say US producers August 14, 2025
Energy Information Administration predicts drop in American output next year as cartel’s supplies soar
Centrica to buy National Grid’s LNG terminal in £1.5bn deal August 14, 2025
British Gas owner and Energy Capital Partners form joint venture to take over import facility in Thames estuary
The gold market is too important to be left to private clubs August 14, 2025
The institutions underpinning the trading and storage of the precious metal remain opaque and under-regulated
Opec pops US shale’s balloon August 14, 2025
American output expected to drop next year as Opec’s supplies soar
Saudi Arabia’s PIF makes $8bn writedown on value of flagship megaprojects August 13, 2025
Developments such as futuristic Neom hit by budget overruns and lower oil prices
Oil market faces risk of ‘large overhang’ as Saudi pumps more, warns IEA August 13, 2025
Paris-based energy advisory body makes fifth consecutive monthly cut to demand outlook
Shell loses legal claim against US LNG operator Venture Global August 12, 2025
Energy giant among several clients claiming gas provider broke supply contracts to profit from higher prices