At 12:00 (GMT+2) the December data on producer price index in the EU will be published. The indicator reflects the change in the price of goods at the wholesale level (raw materials, semi-finished products and final goods are taken into account). Higher prices for producers contribute to the growth of consumer inflation in the region. It is expected that the indicator will slow down the negative dynamics from –0.9% to –0.4% MoM and it will correct from 27.1% to 22.5% YoY.
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Is A Global Tin Shortage Looming?
Via AG Metal Miner Cornish Metals plans to begin tin mining at its wholly-owned South Crofty site by 2026. According to the Vancouver-headquartered company, the start of mining will also coincide with an expected deficit in tin. Indeed, market analysts...
Protests In France Force Exxon To Shut Port Jerome Refinery
An extension of the current strikes at France’s Le Havre port has cut off crude oil deliveries to ExxonMobil’s nearby Port Jerome refinery, according to the CGT trade union. Exxon’s Port Jerome refinery—a 236,000 bpd refinery in northern France—and the...
Oil Rig Count Inches Higher As WTI Holds Below $70
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