Australia: Resources Minister Madeleine King placed nickel on the critical minerals list, a move that allows the industry to access some of the A$4 billion ($2.7 billion) of federal government funding aimed at promoting minerals vital to energy transition.
Shell s forecast that global demand for liquefied natural gas (LNG) will surge by more than 50% by 2040 is both bold and questionable, with some of the underlying assumptions not supported by current trends, especially in the key Asia markets.
China s increased oil inventory building, along with higher crude purchases in the U.S. and Europe due to shipping concerns, is expected to support global oil demand and potentially drive prices higher.
Chinese commodity imports remained robust in January despite signs of a still struggling economy and cautionary reading of the data that may have been distorted by the start of the Lunar New Year later this week.