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Tag:Strategic Petroleum Reserve

Oil

Oil price spikes as U.S. sanctions Russian oil

📌 Key Takeaways The U.S. is mounting new sanctions targeting Russian oil supply, raising global oil price risks Chris Wright flagged U.S. moves to refill the...
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Energy

Diesel Squeeze Raises Stakes for Australian Mining

US diesel prices have hit a record US$6.51 a gallon, lawmakers are proposing export restrictions, and Australia has reported...
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Copper

Copper Backwardation Tops US$500 as LME Supply Tightens

Copper advanced toward a record as competition for immediately available metal pushed a key London spread to its most...
Zinc

Zinc Prices Rise as China Smelter Cuts Deepen Supply Squeeze

Zinc prices are being driven higher by a supply squeeze that has flipped the market from expected surplus to...

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