Oil Trading Giants Say Market’s Long-Awaited Surplus Is Here
A long-anticipated oil surplus is finally starting to emerge and is likely to depress prices, some of the world’s top…
Tag: Surplus
Sugar Prices Knocked Lower by Projections for a Global Sugar Surplus
March NY world sugar #11 (SBH26) today is down -0.35 (-2.08%), and December London ICE white sugar #5 (SWZ25) is…
OPEC+ Differences Re-Emerge Amid Growing Signs of Oil Surplus
Crude rose after the group agreed on Sunday to revive just a sliver of halted output. www.bloomberg.com #OPEC #Differences #ReEmerge…
Oil Surplus a Risk, JPM's Natasha Kaneva Warns
Natasha Kaneva, JPMorgan’s head of global commodities strategy, says U.S. oil demand has been upgraded this year, with prices rising…
OPEC+ to Dominate Singapore’s Glitzy Oil Bash as Surplus Looms
An expected move by the world’s top oil-producing nations to once again increase output will set the tone for Asia’s…
Brazil Doubles Down on a Budget Surplus That Nobody Believes
Brazil’s government submitted its 2026 budget bill targeting a primary fiscal surplus of 0.25% of gross domestic product, a goal…
Taiwan Trade Surplus With US Sets Yearly Record in Just 7 Months
Taiwan’s trade surplus with the US exceeded its full-year record in just seven months, as a global boom in artificial…
French MPs Float Plan to Mine Bitcoin (BTC) With Surplus Nuclear Energy
A group of French lawmakers is preparing a draft law that would enable the use of surplus electricity from nuclear…
France considers redirecting nuclear surplus to state-backed Bitcoin mining
Members of France’s National Rally have championed Bitcoin mining as a way to monetize France’s surplus nuclear electricity. Summary 76…
Bitcoin Mining Powers Ethiopia’s $55M Surplus Energy Revenue: Report
Ethiopia’s state utility generated $55 million from bitcoin mining using surplus hydropower, reinvesting profits to accelerate rural electrification projects. Ethiopian…