Commodities
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US Vice President JD Vance claims Washington has 'destroyed' Iran's nuclear programme and degraded its military.
US Vice President JD Vance claims Washington has 'destroyed' Iran's nuclear programme and degraded its military.
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Northern Oil and Gas's Q2 adjusted EBITDA increased by 17% quarter-over-quarter, free cash flow surged by over 400% to $159 million, and the share repurchase authorization was raised to approximately $243 million.
Northern Oil and Gas (NYSE:NOG) announced its second-quarter results, with adjusted EBITDA increasing by 17% quarter-over-quarter, and free cash flow surging over 400% from Q1 to $159 million. The com
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The Strait of Hormuz disruption continues for several months, the global aviation industry faces a severe fuel shortage, and Europe is expected to have a Q3 deficit of nearly 600,000 barrels/day.
Global aviation fuel supplies face severe shortages due to the closure of the Strait of Hormuz for several months, caused by the war between the US and Israel against Iran. Europe is particularly hard
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Magnolia Oil & Gas's Q2 production reached a record 106,100 boe/d, full-year production growth guidance raised to 6%, and quarterly dividend increased to $0.18 per share.
Magnolia Oil & Gas reported an 8% year-over-year increase in second-quarter production, reaching a record 106,100 barrels of oil equivalent per day. As a result, the company raised its full-year stand
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Yahoo Finance Analysis: First Trust Energy Infrastructure Fund (EMLP) Outperforms Alerian MLP ETF (AMLP) in the Long Run, Making it a Better Energy ETF Choice for 2026
Yahoo Finance analysis indicates that the First Trust North American Energy Infrastructure Fund (EMLP) has delivered an annualized return of 10% over the past 10 years, outperforming the Alerian MLP E
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Iranian President Pezeshkian says now is the best time for an agreement, as Iran is 'strong and united and seen as victorious in war'.
Iranian President Pezeshkian says now is the best time for an agreement, as Iran is 'strong and united and seen as victorious in war'.
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Analysis indicates that potential US tariffs have pushed copper prices close to historical highs, currently trading above $14,000 per ton, but if tariff expectations are not met, the rally may face a risk of correction.
Copper prices recently surged above $14,000 per ton, nearing historical highs, primarily driven by market expectations of potential new import tariffs in the United States. This anticipation has led t
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UAE's ADNOC vessel targeted by missile in Strait of Hormuz; Iran states waterway will only reopen if U.S. accepts its conditions
Abu Dhabi's National Oil Company (ADNOC) reported that one of its vessels was targeted by a missile in the early hours of Saturday while transiting the Strait of Hormuz. The incident resulted in no in
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Ukraine Drone Strike Sparks Fire at Russia’s Ilsky Refinery in Krasnodar Region, Injuring Five
Ukraine Drone Strike Sparks Fire at Russia’s Ilsky Refinery in Krasnodar Region, Injuring Five
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War-fueled diesel squeeze to worsen this winter as demand rises, Bloomberg reports.
War-fueled diesel squeeze to worsen this winter as demand rises, Bloomberg reports.
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The US Senate passed a bill on sanctions against Russia, aimed at punishing Russian oil purchasers and sanctioning Russian leaders.
The bill passed with bipartisan support, 86 votes to 11, and has now been sent to the House of Representatives. The bill, titled the "Lindsey O. Graham Sanctioning Russia and Iran Act of 2026," would
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Citi raises Q3 2026 Brent crude oil forecast to $80 a barrel, citing slow US-Iran negotiations
Citi increased its Q3 2026 Brent crude outlook from $75 to $80 a barrel, attributing the adjustment to the protracted US-Iran negotiations. The bank maintains confidence that a deal will eventually be
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India commits $8.8bn to deep-sea oil exploration to cut Mideast reliance
India commits $8.8bn to deep-sea oil exploration to cut Mideast reliance
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Iran's Parliament is reviewing a bill to permanently ban US, Israeli and other hostile vessels from the Strait of Hormuz
The move comes amidst conflicting signals from Washington and Tehran, with US President Trump claiming a final deal is 'close' while Iranian officials seek to escalate the blockade. The bill is report
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China Diplomat Says Trump Tariffs 'Tortuous' to Soybean Trade, Disrupting Flow Between World's Two Largest Economies
A Chinese diplomat said Friday that former US President Donald Trump’s trade war with China created a “tortuous experience” that disrupted the flow of soybeans between the world’s two largest economie
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CNBC Article Analysis: Gulf Conflict Drives Up Option Premiums, Creating a "Win-Win" Strategy for Selling Puts on Energy Giants Like Chevron (CVX)
The analysis points out that due to persistently high option premiums caused by military conflicts in the Gulf region, investors can profit by selling put options on Chevron (CVX) when the stock price
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Top Democrat proposes bill to end tax breaks for overseas oil production
Senator Martin Heinrich, the top Democrat on the Senate Energy and Natural Resources Committee, will introduce a bill to eliminate tax breaks for U.S. oil and gas companies operating overseas. The pro
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Saudi Arabia's new oil route adds $5/barrel cost to bypass Hormuz and Bab el-Mandeb, deemed 'worth it' for supply reliability
The detour, which involves moving crude west across Saudi Arabia to Yanbu, then north through the Red Sea to Egypt, across the SUMED pipeline, and finally sailing around the Cape of Good Hope to Asia,
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Iranian Deputy Foreign Minister Gharibabadi Says Gulf Security Must Be Ensured by Regional Countries, Without Foreign Intervention
Iranian Deputy Foreign Minister Gharibabadi Says Gulf Security Must Be Ensured by Regional Countries, Without Foreign Intervention
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Antipodes Global Strategy exited its position in Brazilian pulp producer Suzano (SUZ) in Q2 2026.
The fund stated in its Q2 2026 investor letter that it exited Suzano S.A. (NYSE:SUZ) due to an oversupply of pulp threatening returns, leading to a narrowing margin of safety. Fund management expresse
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U.S. utility-scale battery storage capacity averaged 70% annual growth over last three years, reaching nearly 52 GW
According to the U.S. Energy Information Administration (EIA), utility-scale battery storage capacity in the United States grew at an annual average rate of 70% over the last three years. By the end o
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Iran's oil exports have stalled, and Kharg Island lies idle under the U.S. naval blockade.
Iran's oil exports have stalled, and Kharg Island lies idle under the U.S. naval blockade.
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Al Jazeera analysis suggests Iran's control over Hormuz Strait is a potent but time-limited weapon, with vessel traffic down 96% in early August
A recent analysis by Al Jazeera highlights that Iran has leveraged its ability to restrict commercial passage through the Strait of Hormuz as a significant economic weapon. IMF PortWatch data indicate
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The US and Germany's RWE company reached a $1.2 billion agreement to halt an offshore wind power project, redirecting investment towards natural gas.
The U.S. Department of the Interior has reached an agreement with German energy company RWE to pay RWE $1.2 billion to terminate its offshore wind power projects in the United States. RWE stated that
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UK to provide air-to-air refuelling for Saudi jets to counter Houthi attacks, PM Burnham confirms
British Prime Minister Andy Burnham stated on Monday that the Royal Air Force will provide "defensive" air-to-air refuelling for Saudi planes. This agreement, which is time-limited and under review, c
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U.S. diesel prices hit a record $6.51 on Monday, with top Republicans pressuring the Trump administration to ban exports.
U.S. retail diesel prices surged to a record high of $6.51 per gallon on Monday, marking an increase of over 70% since February before the outbreak of the Iran war. Republican lawmakers from agricultu
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China's MLCC Market Diverges: AI Server Demand Booms While Consumer MLCC Prices Fall by Two-Thirds from Peak
According to MLCC distributor Wang Jun, spot prices for consumer-grade MLCCs have fallen by two-thirds from their peak two months ago, while prices for AI server components remain high. This divergenc
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Brent crude oil fell below $100/barrel, hitting an 11-day low, and the US 10-year government bond yield dropped below 5%.
Brent crude futures fell below $100 per barrel on Monday, reaching a new low since September 9, and closed at $100.34 per barrel. Meanwhile, the benchmark US 10-year government bond yield fell below t
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Asian stocks are poised to rise, buoyed by optimism in tech shares; oil prices fall on hopes of diplomatic progress in the Iran conflict.
Asian stocks are poised to rise, buoyed by gains in Wall Street tech shares and hopes for diplomatic progress in the Iran conflict, which led to a drop in oil prices.
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US stocks rose, with the Nasdaq Composite hitting a record high, as oil prices fell and market bets on AI surged.
Oil futures fell on hopes of renewed US-Iran talks, sparking a rally in riskier tech stocks and pushing the Nasdaq to a new all-time high.
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Rand Refinery seeks to legitimize Africa's illicit artisanal gold into its supply chain
The century-old Rand Refinery, historically a key destination for Africa’s commercially mined gold, is now attempting to integrate often-problematic artisanal gold into its supply chain.
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WTI crude oil fell 5.03% intraday, now trading at $91.250.
WTI crude oil fell 5.03% intraday, now trading at $91.250.
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Saudi Aramco loaded 14 million barrels of crude oil from Gulf terminals on Sunday, increasing exports through the Strait of Hormuz.
Shipping data shows Saudi Aramco loaded 14 million barrels of crude oil onto seven very large crude carriers (VLCCs) from Gulf terminals on Sunday, increasing exports through the Strait of Hormuz. Sat
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Russia reroutes grain exports to Baltic and Arctic ports as Black Sea shipments stall, converting fertilizer and coal terminals.
Russian firms are converting fertilizer and coal terminals at Baltic and Arctic ports to handle grain exports. Rail applications to Ultramar’s Baltic terminal reached approximately 260,000 tons for Se
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Trump reportedly halted airstrikes against Houthis after attacks on Saudi oil facilities.
According to US officials, US President Donald Trump temporarily halted airstrikes against Yemen's Houthi rebels at noon on September 20 local time, after US military aircraft had already completed mu
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U.S. diesel prices surged to a record $6.51, as Republicans weigh a diesel export ban and a gas tax holiday.
Republicans are weighing a ban on diesel exports and a gas tax holiday ahead of the midterm elections, as soaring fuel costs pressure consumers and farmers, the Wall Street Journal reported. Congressi
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Global oil and gas discoveries hit 40-year low in 2025 amid investment cutbacks
The number of new oil and gas field discoveries worldwide in 2025 fell to the lowest level in more than 40 years, with volumes at those fields falling to one-tenth of the 2013 peak. This decline is at
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Yemen conflict escalates, displacing over 120,000 as Houthis and Saudi-backed forces clash near Red Sea strait
The BBC reports that more than 3,000 refugees have arrived in Djibouti in recent days, with the UN estimating over 120,000 Yemenis displaced by the sudden surge in fighting along Yemen's Red Sea coast
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TotalEnergies CEO says too much refining capacity offline ahead of winter
TotalEnergies CEO says too much refining capacity offline ahead of winter
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The Iranian government announced several energy-saving measures to address fuel shortages, including adjusting government office hours to 1 PM and promoting public transportation.
In response to severe fuel shortages and economic challenges, the Iranian government announced that from September 23 until the end of March 2027, government office hours will be adjusted to 8 AM to 1
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Hitachi Energy, Caturus, and Continental Resources announce major investments and collaborations during the G20 Energy Ministers' Meeting.
Hitachi Energy Japan announced a $528 million investment to build a new power transformer manufacturing plant in Mississippi, USA, expected to create 654 new jobs. Houston-based Caturus announced an e
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The U.S. Environmental Protection Agency (EPA) has repealed most of the greenhouse gas requirements for power plants from the Biden administration, a move expected to save $310 billion.
EPA Administrator Lee Zeldin announced at the G20 Energy Ministers' Meeting that the agency has abolished most of the greenhouse gas requirements for U.S. power plants from the Biden administration er
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G20 Energy Ministers' Meeting reached four consensuses aimed at advancing energy access, infrastructure development, water resilience, and supply chain security.
G20 Energy Ministers concluded their Energy Abundance Ministerial Meeting in Houston on September 16, reaching a consensus on four outcomes to advance energy access, infrastructure development, water
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U.S. fuel prices are surging, with diesel nearing $6.50/gallon and gasoline rising to $4.48/gallon, which could push inflation expectations higher and reinforce the Federal Reserve's hawkish stance.
U.S. diesel prices have surged to nearly $6.50/gallon, up approximately 18% from the August average, while gasoline prices have climbed to $4.48/gallon. Consumer surveys have not yet fully reflected t
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Trump: The United States is trading with Belarus for large-scale potash purchases
Trump: The United States is trading with Belarus for large-scale potash purchases
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Vance says Iranian oil is still flowing
Vance says Iranian oil is still flowing
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U.S. Strategic Petroleum Reserve fell to 284.6 million barrels last week, a new low since 1982.
U.S. Strategic Petroleum Reserve (SPR) inventories fell to 284.6 million barrels last week, the lowest level since 1982.
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WTI crude oil is down 4.11% today, currently trading at $92.130.
WTI crude oil is down 4.11% today, currently trading at $92.130.
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Commodities
24H Trending
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1
BofA Estimates: AI Infrastructure May Require $1.2 Trillion in External Financing Over Next 5 Years, With Over $300 Billion in Annual Incremental Debt Supply
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Novo Nordisk, the Danish pharmaceutical giant, saw its shares fall by 7% despite setting a $23 billion sales target for its weight-loss drug.
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Morgan Stanley’s Wilson Says US Stocks Risk 7% Drop in Near Term
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XRP is testing the $1.50 resistance level, a key threshold that has capped its advances for roughly 230 days, with a break potentially leading to $1.80+
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Binance Stock Trading Platform Adds 25 New Stocks
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A Hong Kong hotel has been put up for sale by Nanyang Commercial Bank for HK$1.87 billion after being taken over, reflecting a trend of converting hotels into student dormitories.
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Commodities trader Trafigura plans to float its supertanker arm Volare Shipping in Oslo, marking the business's first IPO
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JPMorgan CEO Dimon to Visit India This Week, Ramping Up Push for Deal Boom
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Seoul stocks rise 1.65% on chip gains despite Middle East tensions
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US equity futures rise, led by AI stocks; oil prices fall over 2% to around $101; US Treasury yields decline; US and Chinese officials discuss AI national security "notification mechanism."
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