Saturday, April 5, 2025
The new U.S. plan to rival China and end cornering of market in rare earth metals- oil and gas 360

The new U.S. plan to rival China and end cornering of market in rare earth metals

CNBC The United States has made previous attempts to reemerge as a dominant player in a rare earths supply chain that is responsible for some of the most important materials involved in electric vehicle production, battery making, renewable energy systems and technology manufacturing. Under the Biden administration, the effort is receiving renewed focus, with massive investments planned in climate change

Column-Oil market calm leaves funds without direction: Kemp- oil and gas 360

Column-Oil market calm leaves funds without direction: Kemp

Reuters LONDON – Hedge funds resuming buying petroleum last week, with a focus on Brent, as confidence steadied following the wave of selling and sharp drop in prices a month ago. Hedge funds and other money managers purchased the equivalent of 19 million barrels in the six most important petroleum futures and options contracts in the week to April 13.