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Analyst Reports

Think Big Oil makes its cash pumping crude? Not anymore.

Trading saved European Big Oil from the full impact of this year’s oil crisis. It’s not the first time that massive profits from in-house trading desks ameliorated poor operating results from the core business of finding and producing hydrocarbons - and it won’t be the last.

Business

Pilbara says lithium prices may be near bottom

BENGALURU: Lithium prices may be bottoming, Australia’s Pilbara Minerals said on Thursday, supported by Covid-19 stimulus packages and government measures to boost the electric vehicle (EV) and renewable energy sectors.