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GlobalData: Russian nickel sanctions would slow electric vehicle adoption

Green Car Congress

EV and battery companies in China may well step in and buy the commodity at lower prices. China already has a strong position in the battery metal supply chain, and buying Russian nickel on the cheap as a result of sanctions would further strengthen its globally competitive position.

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Saudis Expand Price War Downstream

Green Car Congress

The crude is so cheap it’s pretty much free for them, the margins are going to be massive. Indian refiners are now buying more crude oil from Nigeria, Iraq, Venezuela and Mexico. The gross refining margin is nothing but the difference between the value of the refined products and price of the crude oil.