Gulf Times - commodity
Asia key to global energy demand growth; oil remains a valuable commodity

Asia key to global energy demand growth; oil remains a valuable commodity

The global oil sector suffers from a combination of negative oil prices, excess storage space, declining demand, and calls for a renewable energy revolution in the post-Covid-19 era.

Natural gas emerging as a 'round-the-clock traded commodity', says GECF chief

Natural gas emerging as a 'round-the-clock traded commodity', says GECF chief

GECF secretary general Yury Sentyurin said natural gas will be the only hydrocarbon resource to expand its share in the global energy mix from its current 23% today to 27% in a few years ...

Malaysia eyes JVs in commodity, food to boost trade with Qatar, says envoy

Malaysia eyes JVs in commodity, food to boost trade with Qatar, says envoy

Malaysia is looking to forge joint ventures in the commodities and food sectors to boost trade relations with Qatar as part of several projects the Southeast Asian country is setting up in the Middle East ...

Oil slide weighs heavily on MENA growth forecast: IMF

Oil slide weighs heavily on MENA growth forecast: IMF

Iran's growth is forecast to slide to 3.5% this year down from a strong 12.5% in 2016. Iraq's economy, which experienced healthy 11% growth in 2016, is expected to fall into negative territory and shrink by 0.4% this year.

Sri Lanka bans fake cinnamon to protect spice image

Sri Lanka bans fake cinnamon to protect spice image

Sri Lanka has banned the import of cinnamon substitutes in a bid to safeguard the reputation of its legendary spice "Ceylon cinnamon," a government minister said on Monday.