supplies
By Tim Hepher BRUSSELS (Reuters) -Airbus CEO Guillaume Faury said on Tuesday that it could potentially ease an engine supply bottleneck and meet year-end targets, telling Reuters that CFM International should be able to supply enough units but it would be “very tight”. A shortfall in engine supplies from CFM,…
By Amy Lv and Pratima Desai BEIJING/LONDON (Reuters) – New capacity for converting bauxite into alumina due online next year is set to ease tight supplies and potentially halt a record-breaking price rally of the material used to make aluminium. Higher alumina prices outside China have turned the top producer…
The UK donated military equipment to Ukraine that was so old it would have been thrown away, according to a new report from the National Audit Office (NAO) published on Wednesday.According to the NAO, the UK’s Ministry of Defence “prioritized older items” that were “often due to being scrapped or…
MOSCOW (Reuters) – Russia is still pumping to Europe via the war zone in Ukraine. Why? WHERE DOES THE PIPE GO? The Soviet-era Urengoy-Pomary-Uzhgorod pipeline brings gas from western Siberia via Sudzha in Russia’s Kursk region. It then flows through Ukraine in the direction of Slovakia. In Slovakia, the gas…
By Mayela Armas and Vivian Sequera TUREN, Venezuela/CARACAS (Reuters) – More than 300 hectares (740 acres) of verdant corn and rice planted by Roberto Latini in the western Venezuelan state of Portuguesa undulate under a bright sun and blue sky. The growing crops – set to be harvested in September…
By Tim Hepher, Lisa Barrington and Aditi Shah DUBAI (Reuters) – Airlines and energy firms clashed over scarce availability of alternative fuels on Tuesday as carriers ended a three-day summit struggling to square near-record demand with supply chain problems and pressure to meet environmental goals. The aviation industry has committed…
By Robert Harvey and Natalie Grover LONDON (Reuters) – Plentiful supplies of some of the biggest crude grades are limiting the impact on benchmark oil futures prices of conflict in the Middle East, according to analysts and traders. futures briefly topped $92 a barrel last week, the highest since October.…
By Arathy Somasekhar HOUSTON (Reuters) – Prices for heavier along the U.S. Gulf Coast have climbed in recent weeks, trading at a rare near-par with lighter oil, a sign of supply tightness that could add to rising gasoline prices. Refineries along the Gulf Coast, which account for more than 55%…
Investing.com– Oil prices rose in Asian trade on Thursday as bets on tighter supplies, especially amid lower Russian production, put crude on course for a strong first quarter in 2024. Crude prices saw two straight sessions of losses as an unexpected build in U.S. inventories and strong oil production in…
MOSCOW (Reuters) – Russia has increased gasoline imports from neighbouring Belarus in March to tackle the risk of shortages in its domestic market because of unscheduled repairs at Russian refineries after drone attacks, four industry and trade sources said on Wednesday. Usually Russia is a net exporter of fuel and…
