The Biden administration plans to ease sanctions on Venezuelan oil to allow more of the country's crude to reach Europe. The U.S. will allow European companies still operating in Venezuela to immediately transfer more oil to the continent, while all…
The COVID-19 pandemic has wreaked havoc on the youth Labour market, the ILO said. The ILO's just-released Global Employment Trends 2022 report found that the job prospects of young people aged 15 to 24 lag behind other age groups.…
OPEC+, an oil producers' alliance led by Saudi Arabia and Russia, stuck to its original plan to increase output by just 432,000 b/d in June, continuing to defy calls from major consumers led by the United States to pump more oil to keep prices down.…
The COVID-19 pandemic has wreaked havoc on the youth Labour market, the ILO said. The ILO's just-released Global Employment Trends 2022 report found that the job prospects of young people aged 15 to 24 lag behind other age groups.…
China's trade in goods totaled 23.6 trillion yuan in the first seven months of this year, up 10.4 percent year on year, according to the General Administration of Customs. Foreign trade has overcome many adverse effects and achieved rapid growth. Dol…
Silicon nitride is known as Si3N4 powder, it's a super-hard substance, which has lubricity itself, and is resistant to wear and oxidation at high temperatures.…
In the second half of 2022, the uncertain world economic outlook, volatile oil prices, and ongoing logistics challenges cast a veil of uncertainty over the global ethylene and propylene industry chain. Overall, there are challenges to overcome in all…
Japan surpassed the U.S. in the number of new coronavirus cases last week as the local epidemic worsened sharply. Medical experts have warned that Japan's medical system could be in…
Alumina, with the molecular formula Al2O3, is a highly insoluble, thermally stable source of aluminum suitable for glass, optical and ceramic applications.…
The U.S. has reported more than 3,800 cases of monkeypox, the most of any country, according to government health data. The increase in the number of cases has reportedly prompted the Biden administration to consider declaring a national health emerg…
On Monday, Russia's state-owned energy giant Gazprom cut gas supplies to Germany again, reducing supplies through the Nord Stream 1 pipeline to just 20%. The pipeline reopened last week at 40…
Recently, the International Energy Agency (IEA) released a report showing that global demand for naphtha has fallen sharply. Two factors account for this, the IEA said. On the one hand, profits are being squeezed by rising crude oil prices and shrink…