The Future of Electric Vehicles Depends on the Chinese Market

China is the world's largest auto market and also a leader in the electric vehicle (EV) business. There are about 3 million electric vehicles in the world, and two-thirds of them are produced and sold...

IEA Clouds Oil Demand Growth As Electric Cars, Clean Energy Develop

Electric vehicles and more efficient use of clean energy will moderate oil demand for transportation by 2040 more than earlier expected, the world, however, may still face a tension in crude supply without enough...

Steel Industry in the United States Had Begun to Revive in 2017

Steel industry plays an important role in American economic and military industry, and the steel production is deeply affected by external factors like economy and wars. Steel industry in the United States had once...

Brazil Trucker Strike Begins to Affect Global Commodity Markets

When people are so focused on the trade dramas between Trump and China, it’s easy to miss what’s going on in the other parts of the world. In Brazil, the truckers strike has crippled...

Freeways Make Free Energy? China Paves Roads with Solar Panels

Western countries have been considering paving roads with solar panels for many years. The Chinese have already done it, installing panels on the downhill section of a freeway in Shandong Province. The world's first photovoltaic(PV)...

Indonesian Coal Exports Stumbled For Miners Facing Constraints

Indonesia’s coal exports will be held back this year, posting a challenge to the government’s plan to reduce a swelling trade deficit while keeping prices elevated, according to industry analysts. Producers in the world's largest...

US to Overtake Russia as World’s Top Oil Producer by 2019, and Become a...

Oil Sector is Enjoying the Feast Under the Price Growth As the most important energy source and most traded commodity, oil prices began to revive since late 2017. Over the first month of 2018,...

India Starts Tariff Cut on Palm Oil Imports

The Indian government has announced to cut tariffs on crude and refined palm oil imports from Southeast Asian countries, effective January 1. The import tax on crude palm oil produced in Indonesia, Malaysia, and other...

Chemical Industry in India Is Experiencing a Rapid Growth

Chemical Industry is a major sector in India’s economy. India Brand Equity Foundation introduces that “among the most diversified industrial sectors, chemicals cover an array of more than 70,000 commercial products.” India is a...

Blockchain is Set to Chang Shipping Forever

Despite the blockchain has become a hit, shipping still stays in ancient times, and the processes the parties follow are really old-fashioned. Mountains of paperwork include bills of lading, letters of credit,...

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EU and Japan Sign Free Trade Agreement

The European Union(EU) and Japan signed an agreement on tariff reduction on Tuesday. According to the deal, 99 percent of the tariffs on Japanese...