Скачать или смотреть Russia’s Oil Pivot, Dangote’s Big Bet, and Gold Tensions Ease in Mali

This is The Commodities Trade Institute. Here’s what’s driving today’s commodities markets:

Russia and China are in talks to expand oil flows, with Moscow looking to extend supply agreements through Kazakhstan all the way to 2033. This comes just as the U.S. tightens sanctions and lawmakers warn that discounted Russian LNG is still reaching China.

In West Africa, Barrick and Mali have finally resolved their long-running dispute over the Loulo-Gounkoto gold mine. Charges are being dropped, jailed employees are being released, and operations are expected to restart by early January.

Nigeria’s Dangote refinery is taking a massive leap forward. It’s partnering with Honeywell to double capacity to 1.4 million barrels per day and dramatically expand polypropylene output.

And China is back in the U.S. grain market. After months on the sidelines, it has snapped up more than a million and a half tons of soybeans, with new shipments now loading in the Gulf.

Want more detail? Listen to the full episode of The Commodities Institute Podcast — link in bio.