This Week’s Market Buzz

• Oil prices edged higher at press time, still above $100 a barrel, but were set for a second straight weekly loss, after a volatile trading week with no easy replacement for Russian barrels in a tight market. Brent crude futures rose 38 cents, or 0.7%, to $107.02 a barrel. U.S. West Texas Intermediate (WTI) crude futures were up 77…

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AMI to Use Treated Wastewater at Sand Plant

Athabasca Minerals Inc. (AMI) announced a definitive agreement with Alberta-Pacific Forest Industries Inc., effective March 1, for the construction, operation and supply of treated industrial wastewater for AMI’s Prosvita Sand Project, which borders Al-Pac’s industrial operations in Athabasca County, Alberta, Canada.

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PCA’s Sullivan Factors Ukraine into Revised U.S. Construction Forecast

Portland Cement Association (PCA) Chief Economist Ed Sullivan has warned about the potential for a dip in cement consumption and concrete output attributable to the Russia-Ukraine conflict. At a joint luncheon in San Antonio during the PCA and National Ready Mixed Concrete Association 2022 conventions, he offered three scenarios for U.S. shipments through 2024:

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