If Trump Starts A Trade War, Canada Could Impose Export Taxes On Oil, Uranium: Report
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Under pressure from the threat of Trump's trade war? Canada is considering imposing tariffs on Uranium, oil, and potash as retaliation.
Canada is the largest external source of oil supply for the USA and also the largest external source of Uranium for USA nuclear power plants. The potash produced in the western provinces of Canada is an important source of fertilizer for USA farms. The media reports that imposing export taxes on these Commodities is Canada's most desperate choice, and Canada is more likely to impose retaliatory tariffs on imported USA-manufactured goods, as well as implement export controls on certain Canadian products.
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IEA Monthly Report: Even if OPEC+ delays production increases, there will still be an oversupply of oil next year!
The IEA stated that if OPEC+ implements the production recovery plan starting in April, the Global market will face a surplus of 1.4 million barrels per day. The IEA has raised the forecast for global oil demand growth in 2025 by 90,000 barrels to 1.1 million barrels, mainly due to the economic stimulus measures recently announced by China.
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The largest Crude Oil Product supply agreement between India and Russia is coming! It is reported that Reliance will purchase 0.5 million barrels of Russian oil daily.
① The Russian state-owned oil company Rosneft is reportedly set to supply nearly 0.5 million barrels of Crude Oil Product per day to India's Reliance Industries; ② This agreement will last for 10 years, with an annual supply accounting for 0.5% of the Global market, valued at 13 billion dollars based on current oil prices. ③ This will be the largest Energy cooperation agreement in the history of India and Russia.
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Shares of Copper Companies Are Trading Higher in Possible Reaction to China Signaling Looser Monetary Policy, Which Could Support Demand.
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Export controls on gallium, germanium, antimony, and superhard materials to the United States! Leading stocks with four consecutive boards, overview of relevant reserves of listed companies.
① Due to the impact of the Commerce Department's strengthened export controls on dual-use items like gallium, germanium, and antimony to the U.S., henan huanghe whirlwind recorded its fourth consecutive limit-up on Friday, while guangdong meiyan jixiang hydropower achieved its second consecutive limit-up; ② A list of A-shares that hold reserves of gallium, germanium, antimony, and superhard materials is provided.
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