Commodities
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Trump says there is a backchannel with Iran's Islamic Revolutionary Guard Corps (IRGC) officials and he is in 'no hurry' on Iran, Fox News reports.
Trump says there is a backchannel with Iran's Islamic Revolutionary Guard Corps (IRGC) officials and he is in 'no hurry' on Iran, Fox News reports.
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Natural Gas Industry Integration Drives Private-Equity Exits as Companies Acquire Businesses from Energy-Focused Fund Managers
Natural Gas Industry Integration Drives Private-Equity Exits as Companies Acquire Businesses from Energy-Focused Fund Managers
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Argentina LNG seeks RIGI approval for $51bn integrated LNG project
Argentina LNG, sponsored by Argentina's state-owned YPF, Italy-based Eni and ADNOC's international investment arm XRG, has applied to participate in Argentina's Large Investment Incentive Regime (RIGI
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Trump states Iran cannot have a nuclear weapon in any way, shape, or form
Trump states Iran cannot have a nuclear weapon in any way, shape, or form
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Russia struck port infrastructure in Ukraine’s Odesa region, damaging a Togo-flagged civilian vessel near Izmail after Kyiv launched a major drone attack on Moscow.
Russia struck port infrastructure in Ukraine’s Odesa region, damaging a Togo-flagged civilian vessel near Izmail after Kyiv launched a major drone attack on Moscow.
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Laramide Resources secures uranium exploration licenses in Sweden, capitalizing on recent legislative changes allowing uranium mining
The licenses cover the Hotagen and Arjeplog-Arvidsjaur regions, which feature geological formations with numerous recorded uranium occurrences. Laramide Resources' CEO Marc Henderson stated that Swede
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India's Oil and Natural Gas Corporation (ONGC) has received U.S. permission to return to Venezuela, potentially unlocking over $500 million in dividends.
India's largest oil and gas company, Oil and Natural Gas Corporation (ONGC), has received permission from the U.S. Office of Foreign Assets Control (OFAC) to resume operations in Venezuela. This move
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Oil prices rise, Brent crude futures up 0.4% to $88.86 a barrel, as Middle East supply risks persist amid U.S.-Iran tensions and Strait of Hormuz attacks
Brent crude futures rose 0.4% to $88.86 a barrel, while WTI crude futures gained 0.1% to $78.60 a barrel in mid-morning European trade. Prices are supported by renewed fighting in Lebanon and continue
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The Wall Street Journal: Iran's hardliners have completed a strategic shift, secretly rearming and preparing for "a new round of confrontation," raising risks to global energy supplies.
According to an August 16 report by The Wall Street Journal, intercepted intelligence indicates that after signing a memorandum of understanding (MOU) with the United States, and due to the U.S. "brea
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Asian Refiners Ask to Pick Up Saudi Oil Outside Risky Red Sea
Asian Refiners Ask to Pick Up Saudi Oil Outside Risky Red Sea
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Iran's chief negotiator, Mohammad Bagher Ghalibaf, announced military and political victory in the war against the United States and Israel.
Ghalibaf's remarks come as a 60-day US-Iran Memorandum of Understanding (MoU) agreement is set to expire.
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Korea Eximbank to provide $1 billion in financing to Glencore for stable copper supply to Korean companies
Korea Eximbank to provide $1 billion in financing to Glencore for stable copper supply to Korean companies
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Driven by Donald Trump's tariff expectations, LME copper futures rose for seven consecutive weeks, gaining 1.47% to $14,368, nearing historical highs, while spot premiums reached their largest since 2021 at $478.
Driven by expectations of Donald Trump government tariff policies, a large volume of copper metal continues to flow into the United States, leading to tighter supply in other global markets. Three-mon
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Silver Traders Pick Up Shipments to India to Capture Premiums Despite New Licensing Hurdles
Silver Traders Pick Up Shipments to India to Capture Premiums Despite New Licensing Hurdles
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US Energy Secretary says Middle East oil flows have rebounded to 15 million bpd, but ship tracking data shows Strait of Hormuz exports are only half that number.
U.S. Energy Secretary Chris Wright stated this week that oil exports from the Middle East have rebounded to 15 million barrels per day, even exceeding the pre-war average of 20 million barrels per day
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Eight major oil giants' combined profits exceeded $90 billion in the second quarter during the Iran war, doubling from the same period last year.
After Israeli and US attacks on Iran and the subsequent outbreak of war, Iran decided to close the Strait of Hormuz, leading to the largest disruption in fossil fuel supply in market history. This dro
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Turkish President Erdogan Calls for Reopening of Strait of Hormuz Amid Oil Disruption
Turkish President Recep Tayyip Erdogan stated that global oil flows must resume, adding that both Turkey and Iran support keeping oil moving through the strategic waterway.
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Al Jazeera: US-Iran War and Naval Blockade Cripple Iranian Economy, Annual Inflation Reaches 88%, President Pezeshkian Considers Raising Gasoline Prices
Reports indicate that Iran's annual inflation rate has reached approximately 88%, with food inflation exceeding 128%, and oil and fat commodity inflation soaring to 261%. Youth unemployment has risen
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India has directed state-owned and private refiners to significantly increase liquefied petroleum gas (LPG) production to bolster domestic supply, due to ongoing uncertainty in the Strait of Hormuz (which accounts for 90% of its LPG imports) caused by the Iran war.
India has directed state-owned and private refiners to significantly increase liquefied petroleum gas (LPG) production to bolster domestic supply, due to ongoing uncertainty in the Strait of Hormuz (w
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JPMorgan Chase: Global Food Crisis May Erupt Next Year, Food Inflation Expected to Persist Until H1 2027 and Reach 5%
JPMorgan Chase published its latest research report, "Food Security Is National Security: A Compound Storm," on August 15, stating that the "five factors" of war, weather, storage, water resources, an
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Iran's Foreign Ministry: An agreement has been reached with Oman on a navigation plan for the Strait of Hormuz, but the foreign minister stated this does not mean the strait has reopened.
Iranian Foreign Ministry spokesman Baghaei announced on August 15 that despite US obstruction, Iran has reached an agreement with Oman on a navigation plan for the Strait of Hormuz waterway. However,
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Qatar denies Iran's claim of capturing three Iranian pilots after downing two fighter jets on March 2, 2026, during a military operation at the start of the US-Iran war.
Iran's Brig Gen Mohammad Bagherzadeh stated in a letter to the International Committee of the Red Cross (ICRC) that three pilots—Javad Salehi, Abdul Majid Dashtian, and Imran Behroshian—have been held
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SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is up 43% YTD, but its gains could be reversed if the Strait of Hormuz reopens faster than expected, according to analysis.
The ETF's year-to-date surge, with its price near $179, is attributed to Middle East supply disruptions that halted about 10.5 million barrels per day of Gulf production in April. However, the EIA for
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SK Hynix approves $38 billion investment for new memory fab, not expected to be operational before December 2028
SK Hynix's board of directors approved on August 7 a total investment of 54.3 trillion Korean Won (approximately 38 billion USD) for the construction of two new factories. Of this, 35.2 trillion Korea
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U.S. retail diesel prices have surpassed $6.50 per gallon for the first time, as the war exacerbates global fuel supply tightness.
U.S. retail diesel prices have surpassed $6.50 per gallon for the first time, extending a war-driven rally that is having ripple effects across the economy.
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Ukrainian attacks on Moscow oil refineries escalate the Russia-Ukraine conflict, driving global diesel futures and U.S. retail diesel prices to all-time highs.
Ukraine's Armed Forces General Staff reported that in the early hours of September 20, Ukrainian forces struck Russia's Moscow oil refinery, severely damaging the AVT-6 primary refining unit and other
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Black Sea shipping turmoil impacts wheat market, exacerbating inflation risks
The conflict between Russia and Ukraine has disrupted crucial grain shipments in the Black Sea region, forcing buyers to scramble for alternative supplies and further amplifying global inflation risks
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Trump's 50% tariff on Canadian dairy products has led to stalled sales in the U.S., leaving Canadian dairy farmers with a milk surplus.
Canadian dairy exports to the United States have largely ceased since US President Donald Trump imposed a 50% tariff on C$20 billion worth of Canadian goods, including dairy products, on August 22. Ca
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The U.S. State Department urges citizens to reconsider travel to the Middle East, and the Iranian Parliament Speaker reiterates that the Strait of Hormuz will remain closed.
The U.S. State Department issued a warning Saturday night, urging American citizens to reconsider travel to the Middle East, citing the potential for rapid escalation of the conflict with Iran. This f
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US Retailers Restrict Motor Oil Supply, Prices Soar Fourfold
A U.S. retailer has begun limiting sales of automotive engine oil due to supply shortages, leading to a fourfold price increase.
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Houthis attack Saudi capital and Aramco facilities, US warns of "rapid escalation" of conflict, Saudi Arabia urgently seeks aid from multiple countries.
On September 19, Yemen's Houthi rebels launched a new round of missile and drone attacks targeting "sensitive sites" in the Saudi capital Riyadh and Saudi Aramco facilities in Yanbu. U.S. embassies in
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NVIDIA VP: AI Era Reshapes Hardware Cost Reduction Logic, Chip Evaluation Shifts to "Total Tokens Throughput Per Megawatt"
NVIDIA Vice President Ian Buck stated that in the era of AI factories, the most effective way to reduce token costs is to deliver significantly improved computing performance (10 to 30 times) with eac
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NVIDIA VP: Agentic AI to Boost Computing Power Demand 100-fold, Altering Traditional Scheduling Models
NVIDIA VP Ian Buck stated that the shift from Chat mode to Agentic AI removes the human-in-the-loop buffer, allowing hashrate to operate at seamless, high-frequency full load. In AgentX benchmarks, th
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Hong Kong to expand renminbi-denominated bond, gold and commodity markets, says Financial Secretary Paul Chan
Financial Secretary Paul Chan stated on Sunday that Hong Kong would expand its renminbi-denominated bond market and develop renminbi-denominated gold and commodity markets. This initiative aims to str
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The Strait of Hormuz cargo trade has vanished, forcing businesses to find alternative routes
The Strait of Hormuz, once a transit hub for goods ranging from helium to corn, has seen its cargo trade disappear, prompting businesses to seek alternative shipping routes.
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Global oil shipping costs have surged to historic highs, with supertankers earning over $1.2 million per day. A South Korean shipping magnate is making a massive bet, investing $7 billion, and is set to profit handsomely.
The global supertanker market is experiencing unprecedented supply-demand tightness, with soaring freight rates rendering some long-haul crude oil trades economically unviable and profoundly altering
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Venezuela and TotalEnergies Sign MOU, Paving Way for French Oil Giant's Return
Venezuela and TotalEnergies SE signed a memorandum of understanding on Saturday, setting up the French company for a return to operations in the South American country.
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JPMorgan Chase analysts warn: The biggest impact of El Niño on global agriculture is expected to materialize in Q1 2027.
Tracey Allen, JPMorgan Chase's head of agricultural commodities, stated in a research report published on September 18 that the intensifying El Niño phenomenon, coupled with global diesel and fertiliz
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U.S. retail diesel prices surged to a record high of $6.45 per gallon, as Congress considers legislation to ban exports.
Global diesel supplies remain tight due to the Russia-Ukraine conflict and the situation in the Middle East. U.S. Representative Tim Burchett introduced a bill this week to ban diesel exports, and Sen
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The Saudi-led coalition announced it intercepted a ballistic missile fired by Houthi rebels towards Riyadh, while the Houthis claimed responsibility for attacking sensitive sites in Riyadh and Aramco facilities in Yanbu.
The Saudi-led coalition announced that Iranian-backed Houthi rebels launched a ballistic missile towards the Saudi capital, Riyadh, at dawn on Saturday, but it was successfully intercepted and destroy
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US Commander Says Strait of Hormuz Oil Shipments Hit Six-Month High, Citing Effective US Navy Escorts and Mine Clearance
Oil and liquefied natural gas shipments through the Strait of Hormuz reached a six-month high in the past two weeks, a U.S. regional commander said, indicating that U.S. Navy protection and mine clear
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Russia attacked two merchant ships in the Black Sea, and Poland raised its air defense alert level.
Ukraine's Air Force stated that Russia used dozens of drones and two anti-ship missiles to attack Ukraine overnight. Russia's Ministry of Defense, meanwhile, claimed that its forces used "Geran-4 Seek
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Brent crude oil surged to $132 this week after the Saudi East-West Pipeline was attacked and shut down, forcing Saudi Arabia to rely on high-cost "relay oil transportation" via the Strait of Hormuz.
A drone launched from Iraq by Iranian-backed militants recently struck Saudi Arabia's East-West oil pipeline, forcing its shutdown, the Wall Street Journal reported. The pipeline, previously a critica
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MarketWatch Analysis: Oil Prices and Energy Stocks Would Be Hit by a Sudden End to Iran War, But Company Insiders Are Still Buying
MarketWatch analysis suggests that despite a sudden end to the Iran war potentially leading to a drop in oil prices and energy stocks, company insiders are still buying these related stocks, indicatin
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World faces supertanker shortage, threatening long-haul oil flows as costs soar
The rising cost of global oil transportation is rendering some long-distance crude trades uneconomical, potentially disrupting flows at a time when fuel markets are exceptionally tight.
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Europe's winter power market is flashing its strongest warning since the energy crisis, with German wholesale electricity prices for January soaring over 60% year-on-year.
Bloomberg Markets reports that as Europe enters winter, the electricity market is flashing its strongest warning since the energy crisis. German wholesale electricity prices for January have traded ab
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Barclays: Humanoid robot computing power demand is mainly concentrated in edge AI, with limited but significant incremental growth for data centers.
Barclays Research states that the inference stage for humanoid robots needs to be completed on edge processors within the robots themselves. Data center computing power is primarily used for simulatio
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Riyadh, Saudi Arabia, issues its first air raid alert since Houthi attacks escalated in July.
Saudi civil defense authorities issued air raid alerts in the capital Riyadh and several other regions on Friday evening and Saturday morning local time, following reports of explosions in the capital
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Commodities
24H Trending
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Musk reposted a tweet stating that OpenAI's AI agents are conducting "self-adventurous experiments" in a "safety sandbox," even pressuring each other for "permanent death" in exchange for collective benefit.
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Houthis attack Saudi capital and Aramco facilities, US warns of "rapid escalation" of conflict, Saudi Arabia urgently seeks aid from multiple countries.
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OpenAI is in preliminary discussions with investors for a new private funding round, potentially valuing the company at over $1.2 trillion.
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NVIDIA VP: Vera Rubin Platform Achieves 30x Throughput Increase on Agentic AI Workloads
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Hong Kong to expand renminbi-denominated bond, gold and commodity markets, says Financial Secretary Paul Chan
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NVIDIA VP: Agentic AI to Boost Computing Power Demand 100-fold, Altering Traditional Scheduling Models
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Global oil shipping costs have surged to historic highs, with supertankers earning over $1.2 million per day. A South Korean shipping magnate is making a massive bet, investing $7 billion, and is set to profit handsomely.
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Musk reposted a SpaceX tweet, confirming the deployment of 27 Starlink satellites.
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Goldman Sachs: Market "pricing in 4 rate hikes" is overly pessimistic, expects only two rate hikes in this cycle.
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Ed Sheeran calls Gaza situation 'catastrophic,' 'unjustifiable,' and 'disproportionate' as US tour resumes
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