Copper prices hit a 10-year high

Copper prices soared to their highest level in 10 years as the market expects tight supply as the momentum of global economic recovery strengthens. With a wide range of industrial commodities, from iron ore to aluminum, copper prices have also risen rapidly recently. The accelerating pace of global vaccine promotion, the prospect of a rebound […]

This “hard nail” may be the reason for the postponement

The UAE broke away from OPEC leader Saudi Arabia this week and demanded strict compliance with production cuts, effectively delaying OPEC + from making its latest production strategy decision for a few days, Reuters quoted sources as saying.\ The unusual move highlights the growing role of the UAE within OPEC, which is seeking to increase […]

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