Time and money are largely interchangeable terms. - Winston S. Churchill

Manufactures

The oil swing continues: WTI loses about 5%

The oil swing continues: WTI loses about 5%

Oil is falling amid a possible reduction in demand from China due to covid restrictions. Also, the quotations are affected by the general macroeconomic negativity, which may lead to a reduction in demand for oil. Also today it became known that the UAE sent the first tanker to Europe for

Polymetal is not selling gold bullion in Russia right now

Polymetal is not selling gold bullion in Russia right now

"Russian banks are willing to buy gold at a slight discount to the LBMA price. Although the discount is small, Polymetal is not currently selling gold bars in Russia," the company's director said. The company's director said. Polymetal considered delisting from the LSE, but retained its premium listing because the

Since February, India buys 40 million barrels of oil from Russia vs. 16 million in 2021

Since February, India buys 40 million barrels of oil from Russia vs. 16 million in 2021

As reported by representatives of the countries, the payment for oil is made in national currencies.

We thought coal was "everything," but today coal use is at an all-time high

We thought coal was "everything," but today coal use is at an all-time high

According to the International Energy Agency, the world produced more electricity from coal in 2021 than ever before. By 2023, total coal consumption - for power generation, steel production and other industrial purposes - is expected to rise nearly 2 percent to a record high. Why? Because it's cheap: According