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Wednesday, March 12, 2025

February 12, 2021

Tight supply and hydrogen hopes drive iridium up 160%- oil and gas 360

Tight supply and hydrogen hopes drive iridium up 160%

February 12, 2021

Reuters LONDON – Iridium has become the latest precious metal to undergo a spectacular price rally, after supply shortages and expectations it will be used to produce hydrogen to power a greener economy lifted its value by 160% in two months. The difficulty of raising output means prices could rise further, analysts said. A byproduct of platinum and palladium mining,

After oil hits 13-month high, energy analyst warns prices may be ‘too frothy’- oil and gas 360

After oil hits 13-month high, energy analyst warns prices may be ‘too frothy’

February 12, 2021

CNBC Oil climbed Friday, surpassing the high set earlier this week and notching a fresh 13-month peak. West Texas Intermediate crude hit $59.74 a barrel on Friday, its highest level since January 2020, a promising sign as the industry grapples with depressed demand during the coronavirus pandemic. However, after a 23% rally so far this year, one top energy expert warns the commodity

Analysis: Iran oil output faces race against time as U.S. sanctions linger- oil and gas 360

Analysis: Iran oil output faces race against time as U.S. sanctions linger

February 12, 2021

Reuters LONDON/SINGAPORE – Iran’s oil reserves risk becoming stranded assets unless the new U.S. administration eases sanctions that have left the country lagging rivals in output capacity and losing a race against time as the transition to low carbon energy gathers pace. Iran, which sits on the world’s fourth-largest oil reserves, relies heavily on oil revenue, but sanctions have prevented

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