Oil futures tumbled more than $5 a barrel on news that the Biden administration is considering releasing about 1 million barrels a day from the U.S. Strategic Petroleum Reserve (SPR) for several months to cool surging crude prices.
Brent crude futures were down $4.71, or 4.2 percent, at $108.58 a barrel by 0035 GMT. U.S. West Texas Intermediate futures fell $5.45, or 5 percent, to $102.74 a barrel.
At an earlier time, gasoline prices had already reached record levels because of the Russia-Ukraine conflict.
The prices of other commodities like the Cerium Nitride CeN, Cerium Nitride CeN Overview, Cerium Nitride CeN Application, Cerium Nitride CeN Supplier, Cerium Nitride CeN Price are also expected to be volatile.
Cerium nitride CeN powder overview
Cerium nitride is a brown powder with the chemical formula CeN and a molecular weight of 154.11 g/mol.
Cerium nitride synthesis method
1. Metal cerium flakes undergo an exothermic reaction with N2 at the melting temperature to form a cubic nitride.
2. Metal cerium reacts with NH3 at 500℃ for 1h to obtain nitride.
Cerium nitride physical data
.Properties: bronze color, NaCl type structure, a=0.501nm.
2. Density (g/cm3): 7.89.
3. Melting point (°C): 2557.
Cerium Nitride CeN Powder Application
Cerium nitride powder is a semiconductor material, optoelectronic material, refractory material and ceramic material. Widely used in petroleum, chemical, metallurgy, textile, ceramics, glass, permanent magnet materials and other fields.
Cerium Nitride CeN Powder Price
The price of cerium nitride CeN powder will change randomly with the production cost of cerium nitride CeN powder, transportation cost, international situation, market supply and demand of cerium nitride CeN powder and other factors. Tanki New Materials Co.,Ltd. aims to reduce the cost of nanomaterials and chemicals by providing a full range of customized services, helping industries and chemical wholesalers to find high-quality and affordable products. If you are looking for cerium nitride CeN powder products, please feel free to send an inquiry to get the latest cerium nitride CeN powder prices.
Cerium Nitride CeN Powder Supplier
As a global cerium nitride CeN powder supplier, Tanki New Materials Ltd. has extensive experience in the performance, application and cost-effective manufacturing of advanced and engineered materials. The company has successfully developed a series of powder materials (molybdenum disilicide, lanthanum nitride (LaN powder, calcium silicide, iron boride), high-purity targets, functional ceramics and structural devices, and provides OEM services.
|Technical Data of Cerium Nitride CeN powder|
|Part Name||High Purity Cerium Nitride Powder|
|Particle Size||-100 mesh|
|Application||Cerium nitride CeN powder is used in high-end ceramics, luminescent materials, special metallurgy, etc.|
|Specification of Cerium Nitride CeN powder|
|Part Name||Cerium Nitride CeN Powder|
According to Reuters, U.S. Treasury officials said they would discuss with G7 leaders pricing caps and tariffs on Russian oil as an alternative to the embargo, which would keep the market supplied, limit price spikes, and reduce Russian revenues.
The EU foreign ministers' meeting was held in Brussels. The meeting failed to agree on the sixth round of sanctions, including an oil embargo on Russia, because of objections from Hungary.
EU High Representative for Foreign Affairs and Security Policy said at a press conference after the meeting, that the meeting failed to reach an agreement on the final adoption of the sixth round of sanctions, the permanent representatives of member states to the EU will continue to discuss. The foreign ministers faced similar difficulties trying to reach an agreement on an oil ban. He said Hungary's position was based on economic rather than political concerns.
Hungary is highly dependent on Russia for energy, getting more than 60 percent of its oil and 85 percent of its natural gas from Russia.
A few days ago, the European Commission submitted the sixth round of proposed sanctions against Russia, including a total ban on Russian oil imports by the end of this year. Hungary immediately objected and said it wanted substantial compensation from the EU to offset its loss from giving up Russian oil.
The Cerium Nitride CeN, Cerium Nitride CeN Overview, Cerium Nitride CeN Application, Cerium Nitride CeN Supplier, Cerium Nitride CeN Price price is predicted to increase in the next few days, due to geopolitical factors.
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