Aluminum foundry struggles to survive in European gas crisis

The family-owned aluminum foundry experiences a new transformation style Planning to maintain production and reduce gas use Automakers warn that production cuts are inevitable if suppliers shut down Scaling up new gas-free technologies will take years Industry says suppliers need more help to innovate SOLTAU, Germany, Aug. 9 (Reuters) – Screaming for the din of … Read more

Oil rises as Russian pipeline halt revives supply fears

A poster with crude oil written on the side of a storage tank in the Permian Basin in Menton, Loving County, Texas, United States, November 22, 2019. REUTERS/Angus Mordant Register now to get free unlimited access to Reuters.com Register Russian oil exports through the southern part of the Druzhba pipeline have stopped The European Union … Read more

Oil falls with dollar on recession fears; Wall Street ends mixed

Oil hits lowest level before Ukraine as demand outlook deteriorates The Bank of England predicts a recession throughout 2023 Treasury yield curve inversion deepened The dollar falls, the pound falls against the euro OTTAWA (Reuters) – Crude oil fell along with Treasury yields and the dollar on Thursday as recession fears escalated after the Bank … Read more