Did you know? American dependence on foreign critical minerals has doubled in the last 20 years. This means that in order to manufacture the products we use every day and build technology essential to keeping our country safe, we have to rely on foreign nations like China and Russia for these resources. Critical minerals like antimony, an element used in … read more
OIL OPEC slightly lowers 2021 outlook for oil demandMarket Watch, October 13, 2020 The Organization of the Petroleum Exporting Countries on Tuesday left its outlook for 2020 oil demand relatively unchanged, penciling in a decline of 9.5 million barrels a day. For 2021, OPEC, in its monthly report, said revised demand lower by 80,000 barrels a day, forecasting growth of … read more
OIL Oil’s chilly seasonBen Geman, Axios, October 12, 2020 Oil prices can’t seem to reach escape velocity, spelling more pain for producers as the COVID-19 pandemic continues to weigh on demand. Why it matters: The chart below provides a glimpse at why prices remain too low to pull the U.S. sector — which is seeing rising bankruptcies — out of … read more
