Market

Global coal prices surge as Ukraine tensions rise

Posted On: May 22, 2022   |   Posted By: RT

Global coal prices surge as Ukraine tensions rise

Supply shortages and the Ukraine-Russia crisis raise concerns over energy supplies
Global coal prices jumped by over a third in January, edging toward record highs reached in October 2021, due to supply shortages and tensions between Russia and Ukraine. The benchmark Newcastle coal index rose to $262 a ton.
The coal market reacted to a month-long export ban by major supplier Indonesia, which halted deliveries following new domestic market sales regulations at the peak of the European heating season. The ban is due to be lifted on January 31, but experts are uncertain about the volume of coal the markets may expect, with Indonesian authorities saying only miners that have complied with the new laws will be allowed to resume exports.
There are also worries over the outcome of the Russia-Ukraine crisis. The reported increase of Russian troops near Ukraine's border has been met with outrage in the West, which threatened Moscow with sanctions in the event of a military conflict.
Some experts speculate that Russia...

Continue reading ...

 








White Sox SS Anderson says Josh Donaldson made racist remark, MLB investigates

White Sox SS Anderson says Josh Donaldson made racist remark, MLB investigates

NEW YORK - Chicago White Sox star shortstop Tim Anderson accused Yankees slugger Josh Donaldson of making a racist remark by calling him Jackie Robinson during Saturday's game... Read more ...

Man City clinches 6th Premier League title in 11 seasons

Man City clinches 6th Premier League title in 11 seasons

MANCHESTER, England - Manchester City clinched a sixth Premier League title in 11 seasons on Sunday by scoring three times in five minutes to come from behind to beat Aston... Read more ...

Skier rescued on Mount Washington amid record heat

Skier rescued on Mount Washington amid record heat

The summit of Mount Washington experienced record breaking heat Saturday, but it was still ski season for some elsewhere on the mountain, including a woman who was rescued... Read more ...

Burnley vs Newcastle final score: Clarets relegated behind Wilson brace

Burnley has been relegated to the Championship following a 2-1 home loss to Newcastle United at Turf Moor that coincided with Leeds' win over Brentford. Read more ...

Ivanka Trump met Ukrainian refugees during a visit to Poland

Ivanka Trump met Ukrainian refugees during a visit to Poland

Ivanka Trump recently traveled to Poland to meet with Ukrainian refugees and deliver food to families, according to her social media posts Sunday. Read more ...

David Reichman, runner who died in Brooklyn Half Marathon, was NYC therapist

David Reichman, runner who died in Brooklyn Half Marathon, was NYC therapist

The 32-year-old runner who collapsed and died after finishing the Brooklyn Half Marathon was a New York University master's graduate and a behavioral therapist, Read more ...

Are Man City the greatest Premier League dynasty? Guardiola's team compared...

Are Man City the greatest Premier League dynasty? Guardiola's team compared to Ferguson's Man United, Wenger's Arsenal and Mourinho's Chelsea

Manchester City made it four Premier League titles in five seasons with victory over Aston Villa. Where do they rank among the Premier League's greatest dynasties? Read more ...

Pep Guardiola trophies won at Manchester City, Barcelona and Bayern Munich

Pep Guardiola trophies won at Manchester City, Barcelona and Bayern Munich

Pep Guardiola has managed three of the most successful clubs in Europe and he has racked up trophy success at each stop. Here's the full list of trophies he's captured as manager. Read more ...

Manchester City wins Premier League title after wild comeback

Manchester City wins Premier League title after wild comeback

Manchester City clinched a sixth Premier League title in 11 seasons on Sunday by scoring three times in five minutes to come from behind to beat Aston Villa 3-2 in the finale. Read more ...

Man shot in chest while on balcony of River Oaks-area apartment complex, HPD...

The first time officers were called, they found three rounds had been fired into a bedroom. Less than an hour later, they returned and found a man had been shot. Read more ...