Commodities
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Iran's Foreign Minister says Tehran rejected ceasefire proposals, insists war must end, not pause
Iran's Foreign Minister says Tehran rejected ceasefire proposals, insists war must end, not pause
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Analysis indicates that uranium ETFs (URA and URNM) have fallen approximately 30% from their highs, even though AI-driven data centers are projected to account for 12% of total US electricity demand by 2028.
Analysis indicates that uranium ETFs (URA and URNM) have fallen approximately 30% from their highs, despite AI-driven data centers being projected to account for 12% of total US electricity demand by
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Colombia's state-controlled oil company Ecopetrol completes $1.2 billion acquisition of a controlling 51% stake in Brazil's Brava Energia
Ecopetrol's acquisition of a controlling 51% stake in Brava Energia significantly expands its position in one of Latin America's most important oil-producing markets and marks a major step in its stra
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U.S. diesel refining margins surge to record $102/barrel amid global supply crunch, with inventories at lowest late-August level since 1996
U.S. diesel refining margins surge to record $102/barrel amid global supply crunch, with inventories at lowest late-August level since 1996. Supply disruptions linked to the U.S.-Iran war, Strait of H
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BP Plc Joins Venezuelan Oil Trade After US Lifts Sanctions, Challenging Trafigura and Vitol
BP Plc Joins Venezuelan Oil Trade After US Lifts Sanctions, Challenging Trafigura and Vitol
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Targa Resources (TRGP) stock rose over 7% after reaching a 20-year natural gas processing plant agreement with ExxonMobil.
Targa Resources (TRGP) stock rose over 7% after reaching a 20-year natural gas processing agreement with ExxonMobil. The agreement involves the construction of three new natural gas processing plants
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Silver September futures opened at $65.90 per ounce on Tuesday, down 0.5% from Monday's close, then fell to $65.12 by 9:11 a.m. ET amid stalled Iran negotiations
Silver September futures opened at $65.90 per ounce on Tuesday, August 18, 2026, down 0.5% from Monday's closing price, then fell to $65.12 by 9:11 a.m. ET. The price fluctuated between $65 and $66 an
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Jeff Currie: The market is focused on Brent crude oil at around $91/barrel, but the real energy crisis is European diesel prices reaching around $170/barrel.
Jeff Currie stated that the market is focused on Brent crude oil at around $91/barrel, but the real energy crisis is European diesel prices reaching approximately $170/barrel. He pointed out that crud
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Raw Sugar Futures Advance to 14-Month High on Global Supply Concerns, as India Considers Cutting Import Duties
Raw Sugar Futures Advance to 14-Month High on Global Supply Concerns, as India Considers Cutting Import Duties
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US crude futures rise by more than $1 as hopes of US-Iran peace deal fade
US crude futures rise by more than $1 as hopes of US-Iran peace deal fade
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KKR reportedly offers $9 billion, or $42.50 per share, to acquire natural gas and electricity distributor UGI
KKR has reportedly made a takeover bid for Pennsylvania-based UGI, a natural gas and electricity distributor, according to sources.
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Spot Silver Falls Over 3% to $63.72/oz
Spot Silver Falls Over 3% to $63.72/oz
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UAE Defense Ministry announced on X that its air defense systems detected a missile threat.
UAE Defense Ministry announced on X that its air defense systems detected a missile threat.
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Risen Energy and Ascania Energy Sign MoUs for Up to 100MW Solar and 200MWh Battery Storage Projects in Ukraine
Risen Energy and Ascania Energy Sign MoUs for Up to 100MW Solar and 200MWh Battery Storage Projects in Ukraine. The partnership aims to address Ukraine's demand for new electricity generation and dece
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Energy Stocks Soar to Record as Oil Rises on Trump’s Hard Line
Energy stocks are approaching record levels seen earlier this year amid the Middle East war, as investors perceive diminishing prospects for a near-term ceasefire that could ease the standoff in the c
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Russia's Oil Exports Extend Slump for Fifth Week, With No Crude Loading From Novorossiysk Terminal in Week to Aug. 16 Amid Ukrainian Drone Strikes
Russia's oil exports have fallen for a fifth consecutive week, with no crude oil loaded from the key Novorossiysk oil terminal in the seven days leading up to August 16. This extended slump comes amid
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Trump says all mines were removed or detonated in Hormuz Strait
Trump says all mines were removed or detonated in Hormuz Strait
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IAEA reports drone explosion near Zaporizhzhya NPP bus stop today at around 06:00, causing 16 casualties including one death and three serious injuries
IAEA reports drone explosion near Zaporizhzhya NPP bus stop today at around 06:00, causing 16 casualties including one death and three serious injuries
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Chevron (CVX) declined in Q2 2026 as oil prices retreated, according to The London Company's investor letter
The London Company's Q2 2026 investor letter noted that while commodity prices remain outside management's control, the firm appreciates Chevron's disciplined capital allocation, operational efficienc
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U.S. diesel crack spreads have broken above $100 for the first time, reaching a record high of $102.2, while inventories have fallen to their lowest level since 1996.
The spread between NYMEX near-month US diesel futures and WTI crude oil futures hit a record high of $102.2 per barrel this Monday, marking new records in five of the past six trading days. Meanwhile,
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11 S&P 500 Stocks, including Valero Energy, Marathon Petroleum and Phillips 66, hit or are within 1% of all-time highs
11 S&P 500 Stocks, including Valero Energy, Marathon Petroleum and Phillips 66, hit or are within 1% of all-time highs
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Iran's Deputy Foreign Minister Criticizes Trump's Stance on Strait of Hormuz as a "Delusion"
Iran's Deputy Foreign Minister criticized Trump's position on the Strait of Hormuz, calling it a “delusion” that will soon be corrected. He also noted that Trump had correctly referred to the Persian
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CoinDesk Analysis: Diesel-Crude Spread Soars to Record $102.20 Per Barrel, Energy Market "Cracks" Widen, Potentially Boosting Inflation, Bitcoin Could Be Affected
CoinDesk analysis indicates that the spread between diesel and crude oil (the "crack spread") has surged to a record high of $102.20 per barrel. Conflicts in Iran and Ukraine have disrupted global oil
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Einride to deploy 500 Tesla electric trucks across North America, tripling its fleet
The Sweden-based freight technology company announced plans to deploy the trucks across its North American operations over the next two years, starting in September 2026 and completing in phases throu
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Spot power prices in northeastern Japan and for TEPCO hit four-year highs amid a cold wave
Spot power prices in northeastern Japan and for TEPCO hit four-year highs amid a cold wave
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Turkey launches global electrification initiative ahead of COP31 climate summit, aiming for electricity to account for 35% of global energy demand by 2035
Turkey launches global electrification initiative ahead of COP31 climate summit, aiming for electricity to account for 35% of global energy demand by 2035
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China extends suspension of 24% tariffs on US goods to next January, maintaining 10% rate
China extends suspension of 24% tariffs on US goods to next January, maintaining 10% rate
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IRGC states that oil smuggling in the Strait of Hormuz has "completely ceased"
An Islamic Revolutionary Guard Corps (IRGC) official told Iran's state broadcaster IRIB that after destroying enemy navigation aids on rocks in the southern Strait of Hormuz, no violating vessels were
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Iranian Foreign Minister Abbas Araghchi urged the United States to accept the proposal to reopen the Strait of Hormuz for two days.
Iranian Foreign Minister Abbas Araghchi urged the United States to accept Tehran's proposal to reopen the Strait of Hormuz within two days, warning that any new attacks would spell "dire consequences.
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US Pressures China to Fulfill Agricultural Purchase Commitments, U.S. Soybean Futures Post Largest Gain in Over Two Weeks
The US is pressing China to fulfill its agricultural product procurement commitments, driving US soybean futures to record their largest gain in over two weeks. The most active soybean contract on the
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Moldova has officially launched a new high-voltage power transmission line connecting to Romania to reduce its energy dependence on Russia.
Moldova has officially launched a new high-voltage power transmission line connecting to Romania in a bid to reduce its reliance on Russian energy. Moldovan President Maia Sandu stated that the move a
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Domestic natural gas prices in China are declining, weakening import demand for seaborne LNG this winter.
China's domestic natural gas prices are declining, weakening the demand for winter seaborne LNG imports. According to a Bloomberg report, as the world's largest natural gas importer, China's softening
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Winbond CEO Warns: AI-Driven Memory Price Surge Is Unsustainable
Winbond CEO Warns: AI-Driven Memory Price Surge Is Unsustainable
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Donald Trump stated that he will meet with the leaders of China and Russia at the APEC summit next week to discuss ending the Iran war and denuclearization.
Donald Trump stated that he will meet with the leaders of China and Russia at the APEC summit next week to discuss ending the Iran war and denuclearization.
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China's October PPI rose 5.7% year-on-year, hitting a fresh high of over four years, while CPI year-on-year growth slowed to 0.7%
China's October PPI rose 5.7% year-on-year, hitting a fresh high of over four years, while CPI year-on-year growth slowed to 0.7%
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Hanwha Aerospace to Test Chunmoo Naval Missile System in the US
South Korea's Hanwha Aerospace will test its shipborne Chunmoo missile system in the United States to evaluate the adaptability of deploying the land-based system onto naval vessels. Later this month,
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China's October PPI rose 5.7% year-on-year and 0.7% month-on-month.
China's October PPI rose 5.7% year-on-year and 0.7% month-on-month.
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Hyundai Motor's hydrogen brand HTWO has partnered with Air Liquide to expand hydrogen mobility in China.
Hyundai Motor's hydrogen brand HTWO has partnered with Air Liquide to expand hydrogen mobility in China.
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Trump plays down expectations of new attacks on Iran, international oil prices fall intraday
Donald Trump downplayed expectations of new strikes on Iran, causing international oil prices to drop during the session; Brent crude fell over 0.5% to $97.67 per barrel, and U.S. crude futures droppe
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According to Al Jazeera on November 9, over 70% of the Kurdistan region in northern Iraq experienced power outages following a drone attack on the Khor Mor gas facility.
According to Al Jazeera on November 9, over 70% of the Kurdistan region in northern Iraq experienced power outages following a drone attack on the Khor Mor gas facility.
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Donald Trump urges Senate to pass American Affordability and Jobs Act, pushing for energy and permitting reform
Donald Trump urged the Senate to pass the American Affordability and Jobs Act (S. 5653), calling the legislation a major step forward for U.S. energy independence and dominance that will accelerate th
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IRGC: Three Oil Tankers Catch Fire in Strait of Hormuz Since Early Hours of Nov 8
According to a live broadcast by Al Jazeera on November 8, the Navy of the Islamic Revolutionary Guard Corps (IRGC) of Iran stated in a Telegram statement that day that since the early morning, three
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Drone attack hits Khor Mor gas field in Iraqi Kurdistan, slashing power generation by about 2.8 gigawatts
Omid Ahmed, a spokesperson for the Ministry of Electricity in the Kurdistan Regional Government of Iraq, stated that a drone attack on the Khor Mor gas field in Iraq has resulted in a reduction of nea
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Iranian state media reports that the U.S. military launched "projectiles" at Qeshm Island
Citing Al Jazeera and Iranian state media reports, the U.S. military fired "projectiles" at Qeshm Island in the Strait of Hormuz on Sunday evening local time. The Islamic Republic News Agency (IRNA) p
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Trump stated that the U.S. military's "Iron Gate" Task Force is now fully operational, working in coordination with the maritime blockade to deter Iran.
Trump stated that the U.S. military's "Task Force Iron Gate" is now fully operational, working in coordination with a naval blockade to curb Iran; U.S. President Donald Trump posted on social media th
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Drone attack hits Khor Mor natural gas field in Iraq's Kurdistan region
A drone attack hit the Khor Mor gas field—one of the largest natural gas fields in the region—located in the Sulaymaniyah Governorate of the Iraqi Kurdistan Region. The party responsible for the attac
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Houthis Claim Saudi-Led Coalition Carried Out 91 Airstrikes and Missile Attacks in Yemen Over Past 24 Hours
The Houthis stated that the Saudi-led coalition carried out 91 airstrikes and missile attacks in Yemen over the past 24 hours, affecting six Yemeni provinces and causing civilian casualties. The group
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According to the Islamic Republic News Agency (IRNA), explosions were heard on Iran's Qeshm Island, though there has been no official confirmation yet.
According to the Islamic Republic News Agency (IRNA), explosions were heard on Iran's Qeshm Island, though there has been no official confirmation yet.
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EGX Token Analysis: Enegra and EagleX Project Status and Potential Considerations
EGX tokens primarily refer to Enegra (EGX), a tokenized security issued on the Polygon blockchain, representing equity in Enegra Group Ltd., a company specializing in commodity trading. Enegra Group possesses audited net asset value of physical commodity off-take exceeding $33 billion. As a security token, its trading and holding are subject to KYC/AML restrictions. Additionally, there is another token with the same ticker, EagleX (EGX), in the market, but it currently has zero trading volume and extremely low market activity. This article will discuss the current status and characteristics of these two EGX tokens separately.
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