Editor in Charge, Commodities and Energy, Washington
Russ's Feed
Jun 15, 2015

Column – Softly, softly, India’s influence rises in crude oil: Russell

LAUNCESTON, Australia (Reuters) – –Clyde Russell is a Reuters columnist. The views expressed are his own.–

Almost unnoticed, India is starting to exercise increasing influence on crude oil markets in Asia.

Jun 15, 2015

Softly, softly, India’s influence rises in crude oil: Russell

LAUNCESTON, Australia, June 15 (Reuters) –

Almost unnoticed, India is starting to exercise increasing influence on crude oil markets in Asia.

The South Asian nation has doubled imports to almost 4 million barrels per day (bpd) in the past decade, in the process overtaking Japan, Germany and South Korea to become the world’s third-biggest importer behind China and the United States.

Jun 2, 2015

Japan’s nuclear plan is bad news for LNG, coal: Russell

LAUNCESTON, Australia, June 2 (Reuters) – The rise of China and India as energy importers has largely consigned Japan to the sidelines, but the world’s third-largest economy still exerts significant influence in some markets.

That’s why Japan’s long-term energy vision is too important to be ignored, given it is the world’s top importer of liquefied natural gas (LNG), number three in coal and four in crude oil.

Apr 16, 2015

China aluminum surplus to eat away global deficit: Russell

LAUNCESTON, Australia, April 16 (Reuters) – –Clyde Russell is a Reuters columnist. The views expressed are his own.–

China’s exports of aluminum products have continued to surge, a trend that if continued may push the rest of the world toward a surplus.

Nov 14, 2014

Column – Falling gold supply a rare beacon of hope for price recovery: Russell

LAUNCESTON, Australia (Reuters) – It must be getting increasingly hard for the World Gold Council to find something positive to focus on when compiling its quarterly report.

The latest instalment, released on Thursday, is no exception and the council, which represents gold producers, chose to highlight what it termed the “good health” of the market for jewellery.

Oct 23, 2014

Iron ore giants win 1st round in global battle but knockout unlikely: Russell

LAUNCESTON, Australia, Oct 23 (Reuters) – (Clyde Russell is a Reuters columnist. The views expressed are his own.)

There is now no doubt that the big three global iron ore miners are producing record amounts in their bid to dominate the industry. The question remains, what will happen if they succeed?

Oct 6, 2014

Time to buy commodities? Maybe, but not the old ways: Russell

London (Reuters) – Crazy or brave? That might be the most logical thought if anybody told you now was a good time to invest in commodities, given the sharp declines in the main indexes in the past few months.

But that’s exactly what the overwhelming majority of fund managers and bankers were advocating at last week’s World Commodities Week conference in London.

May 21, 2014

Modi the new hope for gold, but may disappoint: Clyde Russell

LAUNCESTON, Australia (Reuters) – –Clyde Russell is a Reuters columnist. The views expressed are his own.–

Gold bulls tend to flit from one thing to the next in their search for a reason for the precious metal to rally, with the latest hope being Narendra Modi’s election victory in India.

Feb 25, 2013

Bank of Canada’s Carney reiterates need for eventual rate hike

LONDON, Ontario, Feb 25 (Reuters) – The head of the Bank of
Canada reiterated on Monday that the next move in the country’s
interest rates is likely to be higher, even as he acknowledged
growth in the last quarter of 2012 might have been softer than
predicted.

Governor Mark Carney noted that the central bank only last
month said there’s ultimately a need for some withdrawal of
monetary policy stimulus, though the prospect was “was less
imminent.”

Feb 25, 2013

Carney-rebuilding trust in financial system needs more work

LONDON, Ontario, Feb 25 (Reuters) – Banks and regulators
need to do a lot more to rebuild the trust in the financial
system that was shattered in the recent crisis, Bank of Canada
Governor Mark Carney, head of the G20′s Financial Stability
Board, said on Monday.

The Group of 20 leading economies has made progress in
financial reforms which will go a long way, but these alone will
not be sufficient, he said in a speech to business students at
Western University in London, Ontario.

    • About Russ

      "I'm the Editor in Charge of Commodities and Energy in Washington, which involves breaking news and producing insightful stories while covering government agencies, the White House and Congress. Previously I was the Commodities Editor for Asia, based in Singapore, where I lead a continent-wide team reporting on the rise of China and other emerging markets. Before that,I was Bureau Chief of Canada in Toronto, overseeing seven bureaus. Also with Reuters, I have worked as a political correspondent in Ottawa and a technology reporter in San Francisco."
    • Follow Russ