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So strategically vital to Russia, Iran, and China is the Akkas gas field in Iraq that enormous pressure was brought to bear on politicians in Baghdad to ensure that all contracts related to the field went to Russian firms in the first instance, with back up from Chinese companies when required. Iranian gas companies are not thought up to the task of running ...
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The LME was closed. Overnight, SHFE copper prices opened at 81,300 yuan/mt, with its session high and low at 81,680 yuan/mt and 81,120 yuan/mt before closing at 81,270 yuan/mt, up 0.46%. Trading volume was 33,000 lots and open interest stood at 188,000 lots. Copper prices remained strong due to expectations of a rate cut by the Federal Reserve and support ...