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WTI crude nears Brent valuation as U.S. oil demand accelerates

WTI crude nears Brent valuation as U.S. oil demand accelerates
worldoil.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from worldoil.com Daily Mail and Mail on Sunday newspapers.

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The bottlenecks which could constrain emission cuts

The green revolution risks running short of minerals, money and places to build | Briefing ....

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Oil On Track For Weekly Gain As Iran Concerns Sidelined By Demand Optimism

But oil's long term future is severely compromised by green wins, say experts. ....

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China Is Losing Its Power Rein In Surging Commodity Prices

(Bloomberg) China’s efforts to rein in surging commodities prices are likely to be in vain as it’s lost the ability to boss the market around, according to two of Wall Street’s biggest firms.The speed of the rebound in demand in advanced economies, particularly the U.S., means China is no longer the buyer dictating pricing, Goldman Sachs Group Inc. analysts led by Jeff Currie, the bank’s global head of commodities research, said in a note.That view was echoed by his equivalent at Citigroup Inc., Ed Morse, who said in a Bloomberg Television interview Friday that despite China’s efforts to curb price gains, the real supply-demand balance prevails.The largest buyer of many commodities, China has been trying to temper the rally due to fears over inflation. Its actions have had some success, with local iron ore prices down more than 20% since May 12. But other raw materials have been more difficult to manage. The Bloomberg Commodity Spot Index is only do ....

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After Goldman, Malaysia's 1MDB Pursues JPMorgan and Deutsche

After Goldman, Malaysia’s 1MDB Pursues JPMorgan and Deutsche
Bloomberg
1 day ago
© Photographer: Bloomberg/Bloomberg
1Malaysia Development BHD (1MDB) President Arul Kanda Interview
(Bloomberg) After successfully recouping more than $3 billion from firms including Goldman Sachs Group Inc., Malaysia’s 1MDB is casting a wider net.
The state-owned investment fund is suing companies including JPMorgan Chase & Co. and Deutsche Bank AG in an effort to recover assets worth more than $23 billion the country says are linked to the fund. 1MDB and a former unit filed a combined 22 civil suits against entities and individuals for various alleged wrongdoings including fraud and conspiracy to defraud the fund, the Finance Ministry said on Monday. ....

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