The Biden administration plans to ease sanctions on Venezuelan oil to allow more of the country's crude to reach Europe.  

The U.S. will allow European companies still operating in Venezuela to immediately transfer more oil to the continent, while allowing Chevron to negotiate a resumption of operations in Venezuela, according to people familiar with the matter.  Venezuela's OPPOSITION, which is backed by the United States, is understood to favor the move.  Tight global oil supplies have sent crude and fuel costs soaring, threatening to add to already high inflation.  Increasing Venezuelan crude exports would help ease supply constraints while also helping to reduce Europe's dependence on Russian energy.

The US has sought to encourage talks between the Venezuelan government and the US-backed opposition to open the way to free and fair elections by extending a limited license held by Chevron to allow the oil company to maintain its operations in Venezuela and negotiate future operations.  

The United States reportedly did not extend a permit to Allow Chevron to drill and sell Venezuelan crude, as the company had hoped.  

The license extension will allow Chevron to negotiate with State-run Petroleos de Venezuela SA, with which it has a joint venture.  Previously, the company could not directly negotiate with any officials sanctioned by the United States.  Chevron has been lobbying the United States to allow it to drill for Venezuelan crude and sell it on world markets to help lower energy prices amid the Russia-Ukraine war.

Affected by the ever-changing international situation, the supply and prices of many commodities like the Ti4O7 are still very uncertain.

Used for lead-acid batteries:
Ti4O7 can improve the formability of positive active substances and the utilization rate of active substances. Because the conductive ceramic titanium suboxide (Ti4O7) can enhance the binding force to PbO2 and maintain the pore shape and porosity in the process of charge and discharge, the formability and utilization of positive active materials are improved. Adding a small amount of titanium oxide (Ti4O7) fiber to the automobile flat panel battery can increase the capacity of the battery by 15-17%.
 
Used in the battery field:
Lithium battery: replacing graphite as cathode can reduce the capacitance attenuation caused by charge-discharge cycle.
Fuel cell, zinc-air cell and liquid flow cell: they are very promising electrodes and bipolar materials because of their high conductivity and corrosion resistance.
 
Used in chemical industry:
Because of its excellent chemical stability and electrical conductivity, it can be used in chlor-alkali industry, chlorate manufacturing, dichromic acid preparation and organic electrosynthesis.
 
Used in the field of electrometallurgy:
It is superior to graphite and titanium without passivation and corrosion under high current density and high acid conditions. it can be used as an electrode for zinc electrodeposition, metal recovery, electrolytic manganese oxide, production of metal foil and reuse of etching solution for printed circuit board.
 
Used in electroplating field:
Because the electrolyte contains strong corrosive substances such as fluoride ions, the commonly used anode is easy to deteriorate, while the titanium suboxide electrode has high oxygen evolution overpotential, strong corrosion resistance, wear resistance and stable electrode size.
 
Used in environmental protection industry and water treatment field:
Because of its high oxygen evolution potential, titanium suboxide electrode can be widely used in electrocatalytic degradation of organic pollutants and garbage leachate, electrocatalytic treatment of phenol wastewater, printing and dyeing wastewater treatment, oilfield wastewater treatment, hospital sewage treatment and electrolytic seawater hydrogen production, seawater desalination, electrolytic water disinfection and ozone production.
 
Used for cathodic protection:
It has been applied to anticorrosion of oil storage tanks, ships, wharves, bridges and reinforced concrete, and cathodic protection of soil.
 
Recommended use:
1) active electrode battery material.
2) photocatalytic additive.
3) Black matrix of liquid crystal display (LED).
4) flat panel display film coating.
5) charge control materials, such as copier rollers.
6) Black pigments, such as cosmetics.
 
Other uses:
Antistatic materials, paints, paints, cosmetics, printing inks, plastic colorants for food industry, etc.
 
Applicable object:
Battery manufacturers; electric car manufacturers; LED display black matrix; cosmetic materials, etc.
 
Ti4O7 Price
The price is influenced by many factors including the supply and demand in the market, industry trends, economic activity, market sentiment, and unexpected events.
If you are looking for the latest Ti4O7 price, you can send us your inquiry for a quote. (sales3@nanotrun.com)
 
Ti4O7 Supplier
Luoyang Tongrun Nano Technology Co. Ltd. (TRUNNANO) is a trusted Ti4O7 manufacturer and Ti4O7 supplier with over 12-year-experience. We ship our goods all over the world.
 
If you are looking for high-quality Ti4O7, please feel free to contact us and send an inquiry. (sales3@nanotrun.com)
 

Maximo Pacheco, chairman of Codelco, Chile's state copper company, said in a recent interview that he expects copper prices to remain 'very strong in the future,' despite the recent drop. Codelco is the world's largest copper producer.

Copper prices suffered their biggest weekly drop in a year this week on concerns that tightening policy by central banks will dampen global growth and reduce demand for industrial metals. With its wide range of industrial and construction uses, copper prices are often seen as a bellwether of economic activity.

London copper closed at $8,325 a tonne on Friday after touching $8,122.50 a tonne, down 25 per cent from its Peak in March and its lowest level since February 2021. In addition to copper, other industrial metals also fell sharply. Tin, for example, fell nearly 15% at one point on Friday, bringing its losses for the week to about 25%.

"We may be in a temporary short-term turbulence, but what is important is the fundamentals and the balance of supply and demand [currently] looks very favourable for those of us with copper reserves," Mr. Pacheco said. Chile is the world's largest copper producer.  

Mr. Pacheco adds that in a world where copper is the best conductor and there are not many new reserves, copper prices look very strong because the future is very favourable for electrification.

Luoyang Tongrun Nano Technology is a trusted chemical supplier and manufacturer providing high-quality chemicals and Nanomaterials. If you are looking for the Ti4O7, please feel free to contact us and send an inquiry.

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