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Russia's Putin signs decree allowing state to seize poorly protected critical infrastructure
The decree, published on Monday, would allow Moscow to strip owners of physical and financial control over facilities should they fail to secure them or repair damage quickly, amid Ukraine's intense d
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Scott Bessent says Donald Trump is calling world leaders, asking them to cut economic ties with Iran
Scott Bessent says Donald Trump is calling world leaders, asking them to cut economic ties with Iran
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Shipping industry warns small battery exemption increases fire risk on vessels
Container lines are pushing regulators to change rules that currently exempt laptops or power banks with batteries from declaration requirements.
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U.S. strategic petroleum reserves crude oil inventories fell by about 3.7 million barrels last week to 289.7 million barrels, the lowest level since 1982.
U.S. strategic petroleum reserves crude oil inventories fell by about 3.7 million barrels last week to 289.7 million barrels, the lowest level since 1982.
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MP Materials Q2 revenue rises 89% year-over-year to $108 million, adjusted EBITDA swings to $28.5 million profit
MP Materials (NYSE: MP) reported Q2 revenue of $108 million, an 89% increase year-over-year, with adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) swinging from a $12.5
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ADNOC awards McDermott over $1 billion contract for offshore gas pressure-boosting facility at Abu Dhabi's Umm Shaif field
The engineering, procurement, construction, and installation contract covers Package 4 of ADNOC's Umm Shaif Integrated Gas Cap and Surface Pressure Boosting Project. McDermott and its Qingdao McDermot
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TotalEnergies CEO stated that the cost of transporting an oil cargo on a supertanker through the Strait of Hormuz is approximately $20 million.
TotalEnergies CEO stated that the cost of transporting an oil cargo on a supertanker through the Strait of Hormuz is approximately $20 million.
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Equinor and Aker BP Discover Gas and Condensate in North Sea, Estimated 0.1-2.1 Million Sm3 Oil Equivalent
Equinor and Aker BP Discover Gas and Condensate in North Sea, Estimated 0.1-2.1 Million Sm3 Oil Equivalent
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Tata Power Renewable Energy commissions 190.5MW solar plant in Rajasthan, India
The plant, located in Kalasar, is part of a larger 460MW firm and dispatchable renewable energy (FDRE) project and includes a 115MW-hour advanced battery energy storage system (BESS). This commissioni
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Expion Energy Acquires Louisiana Oil and Gas Assets for $3.425 Million, Marking First Foray into Sector and Appointing New CEO
The transaction for Expion Energy (formerly Expion360 Inc.) includes approximately 3,000 net acres of existing leasehold and one wellbore. The company plans to invest up to $4 million in additional le
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Yemen's Houthis say they attacked a vessel off Saudi Arabia's Yanbu; no Saudi confirmation
Yemen's Houthis say they attacked a vessel off Saudi Arabia's Yanbu; no Saudi confirmation
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India is likely to record its lowest monsoon rainfall since 2009, with September rainfall expected to remain below average, according to weather bureau officials.
Officials also expect the monsoon to begin retreating earlier than usual next month. A weaker rainy season could weigh on crop production and potentially increase food-price pressures in the world’s m
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First Majestic Silver (AG) reported a 128% revenue increase to nearly $1.3 billion for fiscal year 2025, while MP Materials (MP) saw its revenue grow by over 10% in the same period but posted a net loss.
A Yahoo Finance analysis article compared two metal companies: precious metals producer First Majestic Silver Corp (NYSE:AG) and rare earths producer MP Materials Corp (NYSE:MP). First Majestic Silver
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Dangote refinery drives Nigeria's seaborne petroleum product exports up seven-fold since 2023, increasing its role in international markets amid constrained global supplies.
Dangote refinery drives Nigeria's seaborne petroleum product exports up seven-fold since 2023, increasing its role in international markets amid constrained global supplies.
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Jade Gas submits Tavan Tolgoi CBM (TTCBM) project development plan to Mongolian regulators, agrees on 502 sq km production license area
Jade Gas has submitted its Tavan Tolgoi Coal Seam Gas (TTCBM) Project Development Plan (PDO) to the Mineral Reserve Council of Mongolia, aiming to provide a framework for drilling, dewatering, gas pro
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Oil flows through the Strait of Hormuz remain strong despite ongoing war, with UAE, Iraq, Kuwait, and Saudi Arabia reportedly shipping barrels to global markets.
Oil flows through the Strait of Hormuz remain strong despite ongoing war, with UAE, Iraq, Kuwait, and Saudi Arabia reportedly shipping barrels to global markets.
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Global oil market fundamentals are diverging, with a bearish outlook for crude oil but a bullish one for refined products, said TotalEnergies CEO Patrick Pouyanne.
Global oil market fundamentals are diverging, with a bearish outlook for crude oil but a bullish one for refined products, said TotalEnergies CEO Patrick Pouyanne.
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Vietnam's Parliament Approves First Nuclear Project, a 2.4-GW Plant to be Built by Rosatom
Vietnam's National Assembly on Monday approved an agreement related to the Ninh Thuan nuclear power project, marking a major step toward bolstering the country's energy security as electricity demand
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Indonesia's state-owned commodities regulator plans to strengthen export supervision by introducing a vessel tracking system.
Indonesia's state-backed commodities regulator says it aims to strengthen oversight of export flows, including a plan to track vessels serving the world's largest archipelago.
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IEA Chief Birol: Not Discussing a Second Release of Strategic Oil Reserves at This Time
IEA Chief Birol: Not Discussing a Second Release of Strategic Oil Reserves at This Time
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Sinopec Chairman Says China's Oil Demand 'Very Likely' Peaked Last Year, Earlier Than Previous Estimates
Sinopec Chairman Hou Qijun stated Monday at an earnings briefing in Hong Kong that clean energy development, electrification, and low-carbon goals likely led to the peak. The company had previously fo
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Sinopec expects refining demand pressure to ease in H2 despite Iran uncertainties
Sinopec executives anticipate that refining demand pressures will ease in the second half of 2026, and the company's earnings will continue to exceed expectations, despite ongoing uncertainties in the
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Ozon, Russia's second-largest online retailer, saw its shares drop by 12% after its warehouse was hit by a Ukrainian drone attack.
Ozon stated that its logistics facilities in Krasnodar, Dagestan, Stavropol, and Adygea in southern Russia caught fire during an overnight attack, causing several injuries. The Ukrainian Ministry of D
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Ukraine Offensive Leads to Fuel Shortages in Russia, Causing Gasoline Prices to Soar in Central Asian Countries and Prompting Them to Seek Alternative Supplies
Ukrainian drone attacks have damaged Russian oil refineries (e.g., the Omsk refinery in Siberia was shut down in early July), leading to domestic fuel shortages and "fuel tourism" in Russia. Central A
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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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Houthis accuse Saudi Arabia of 26 attacks in 24 hours, EU raises alert level for Red Sea naval mission.
The conflict in Yemen continues to escalate, with Houthi rebels stating that Saudi Arabia launched 26 attacks on their controlled areas in the past 24 hours, totaling 300 over the past week. Meanwhile
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Venezuela's government is sidelining a senior American oil executive from Chevron.
The veteran oil executive, previously responsible for Chevron's strategy in Venezuela amidst years of political turmoil, is currently being sidelined by the Venezuelan government.
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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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Hong Kong to expand renminbi-denominated bond, gold and commodity markets, says Financial Secretary Paul Chan
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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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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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NVIDIA VP: Agentic AI to Boost Computing Power Demand 100-fold, Altering Traditional Scheduling Models
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Big Tech uses guarantees to keep $300bn of AI exposure off balance sheets, with Wall Street facilitating cheaper funding
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Google executive says Asia's AI adoption is outpacing perception, with demand rising for cost-effectiveness
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