Commodities
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Zinc Rally Extends to Seventh Day, Futures Climb 1% on LME Amid Tight Supply Concerns
Zinc prices extended their rally for a seventh consecutive day, holding near a four-year high. Futures on the London Metal Exchange climbed as much as 1%, with spot metal commanding a widening premium
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India's Varroc Engineering is developing rare earth-free EV motors to reduce reliance on China, following Beijing's export curbs last year.
India's Varroc Engineering is developing rare earth-free EV motors to reduce reliance on China, following Beijing's export curbs last year.
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Chicago wheat hits three-year high on concerns Russia-Ukraine war escalation could disrupt supplies
Chicago wheat hits three-year high on concerns Russia-Ukraine war escalation could disrupt supplies
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Qatar's Prime Minister visits Tehran, seeks to restart US-Iran talks and discuss Strait of Hormuz issue
Qatar's Foreign Ministry spokesperson announced on Wednesday that Prime Minister Sheikh Mohammed would visit Tehran on Thursday to discuss de-escalation with Iranian officials and create conditions fo
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Donald Trump Says "No Time Limit" for Iran Negotiations, Iran Sets Conditions for Reopening Strait of Hormuz, Shipping Giant Warns Market Underestimates Risk of Long-Term Stalemate
U.S. President Donald Trump said on August 26 that there was "no timeline" for when Iran would return to negotiations, emphasizing that the U.S. was bringing Iran's economy to the brink of collapse th
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U.S. and Russia Intensify Competition for Dominance in India's Growing Energy Market
India, the world's third-largest energy market, is becoming a key battleground as the U.S. and Russia vie for market share. Russia has become India's largest crude supplier, accounting for over 50% of
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Oil prices edged lower as traders weighed diplomatic progress in the Middle East against escalating Russia-Ukraine tensions.
Oil prices edged lower as traders weighed diplomatic progress in the Middle East against escalating Russia-Ukraine tensions.
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White House: US President to increase lean beef trimming import quota by 300,000 metric tons, citing rising beef prices and 75-year low cattle herd
White House: US President to increase lean beef trimming import quota by 300,000 metric tons, citing rising beef prices and 75-year low cattle herd. This action follows a previous increase of 80,000 m
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The U.S. Army plans to invest $2.2 billion to deploy small nuclear reactors to power five military bases.
The move is aimed at accelerating the U.S. government's efforts to boost the nuclear industry to ensure energy security and independence for military bases.
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US Justice Department Prepares to Revive Civil War-Era Court to Seize Iranian Oil Tankers
The US Justice Department is preparing to activate a long-dormant maritime war court to streamline the military capture of Iranian oil tankers as US prizes, according to three people familiar with the
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Trump says Iran war will continue for as long as necessary
Former President Donald Trump stated that the new economic sanctions on Iran are as effective as the US military's bombing campaign. He added that he has no timetable for ending the war and is prepare
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Comex Gold Settles 0.86% Lower at $4598.20
Comex gold settled 0.86% lower at $4598.20, marking its second consecutive session of decline.
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Iran moves to charge fees for Strait of Hormuz passage, drawing inspiration from Turkey's model
Iran is moving toward a framework for charging fees on vessels passing through the Strait of Hormuz, appearing to draw inspiration from Turkey's setup which saw an eightfold increase in fees in four y
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Bessent: Iran’s Leadership ‘Panicking’ Under Trump Economic Offensive — Vows to Sever ‘Every Economic Lifeline’
Bessent: Iran’s Leadership ‘Panicking’ Under Trump Economic Offensive — Vows to Sever ‘Every Economic Lifeline’
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Europe Imports Diesel from Mexico for First Time in Seven Years Amid Tight Supply
Europe's diesel supply situation has become so tight that the region is drawing on imports from Mexico, as the Iran war and a halt in Russian cargoes have upended historical trade flows.
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Hyperliquid Policy Center and trade[XYZ] urge US CFTC to create regulatory framework for US oil perpetual contracts
The Hyperliquid Policy Center and perpetuals trading platform trade[XYZ] sent a letter to the Commodity Futures Trading Commission (CFTC) on Wednesday, advocating for a regulatory framework for energy
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Russia Considers Escalating Missile Attacks on Kyiv and Ukrainian Infrastructure as Peace Talks Collapse, Sources Close to Moscow Say
Russia is considering intensifying missile attacks on Kyiv and Ukrainian infrastructure, as the Kremlin concludes peace negotiations have reached a dead end, according to people close to Moscow. Both
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South Africa Expects Smallest Wheat Harvest Since 2019, Output Seen Down 7.5%
South Africa expects its wheat harvest this year to be the smallest since 2019, with a government body projecting output to drop 7.5% from a year earlier.
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Japan's Terra Charge to roll out Tesla-compatible EV charging stations from fiscal 2028, aiming for 2,500 NACS chargers by fiscal 2033
Japan's Terra Charge to roll out Tesla-compatible EV charging stations from fiscal 2028, aiming for 2,500 NACS chargers by fiscal 2033
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Enbridge acquires Permian Basin crude oil gathering network for $600 million, expanding its presence in the U.S. Gulf Coast export market
Canadian energy infrastructure giant Enbridge announced the acquisition of Salt Creek Midstream's crude oil gathering business for $600 million in cash. The transaction includes full ownership of the
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India's ONGC Targets Tenfold Oil Output Boost in Venezuela
India's state-owned Oil and Natural Gas Corporation (ONGC) plans to invest $200 million to revive production at the San Cristobal oilfield in Venezuela. The company aims to boost output from the curre
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Oil prices fell on Wednesday, with Brent crude down 0.8% to $87.87, as Iran and Oman made progress on an agreement for passage through the Strait of Hormuz.
Iranian and Omani officials are negotiating the details of an agreement on the Strait of Hormuz, a senior Iranian source said on Wednesday, after Iran's Revolutionary Guards claimed the two countries
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Oman and Iran Agree to Establish Temporary Joint Maritime Corridor in Strait of Hormuz, Sending Oil Prices Lower
Brent crude fell 3.9% to $88.58 a barrel and U.S. light sweet crude dropped 3.1% to $82.36 a barrel on August 25 after Oman and Iran announced an agreement to establish a "temporary joint maritime cor
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Global top container shipping company MSC suspends services to Russia's Black Sea port of Novorossiysk after one of its vessels was attacked by a drone.
Global top container shipping company MSC suspends services to Russia's Black Sea port of Novorossiysk after one of its vessels was attacked by a drone.
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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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Japan's Sojitz plans chip material transport hub for Tata fab in India
Japanese trading house Sojitz plans to establish a specialized logistics center in India for semiconductor materials. The hub will be located near a chip fabrication plant currently under construction
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Commodities
24H Trending
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1
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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Hong Kong to expand renminbi-denominated bond, gold and commodity markets, says Financial Secretary Paul Chan
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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: 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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NVIDIA VP: Agentic AI to Boost Computing Power Demand 100-fold, Altering Traditional Scheduling Models
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Google executive says Asia's AI adoption is outpacing perception, with demand rising for cost-effectiveness
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Ed Sheeran calls Gaza situation 'catastrophic,' 'unjustifiable,' and 'disproportionate' as US tour resumes
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