Faster global financial news!
Commodities
-
Bessent says Iran is taking sanctions seriously
Bessent says Iran is taking sanctions seriously
-
Analyst Sees Occidental Petroleum (OXY) as Short-Term Value Trap, Long-Term Bargain
Analyst Matt DiLallo believes there are near-term downside risks to oil prices due to factors like the U.S. military's oil movements from the Strait of Hormuz, Persian Gulf countries developing altern
-
CENTCOM denies Iran's claim of supertanker mine strike in Strait of Hormuz, calls it "false" and disinformation
U.S. Central Command (CENTCOM) denied an IRGC claim that a supertanker struck two mines and was stopped in the Strait of Hormuz. CENTCOM stated no ships have hit mines in the strait, accusing the IRGC
-
Morgan Stanley sharply raises oil price forecasts, lifting its 4Q Brent forecast to $100/bbl from $75 and WTI to $96 from $76.
Morgan Stanley sharply raises oil price forecasts, lifting its 4Q Brent forecast to $100/bbl from $75 and WTI to $96 from $76. For 1Q 2027, it now sees Brent at $95 and WTI at $91, while 2Q forecasts
-
Mansfield Oil has accused KRSM of defaulting on approximately $4 million in fuel payments, and a U.S. court has ordered KRSM to retain at least $2.75 million in its accounts. Some of the fuel is alleged to have been sold to Freedom Fuel gas stations, which Donald Trump had previously promoted.
Mansfield Oil Company, a U.S. fuel supplier, filed a lawsuit on August 19 in the U.S. District Court for the Eastern District of Pennsylvania, accusing businessman Syed Kazmi and his company KRSM of a
-
ePointZero, a 2PointZero Group Subsidiary, to Acquire 90% Stake in Pan-African Power Producer Azura Power (752MW Operating Capacity)
ePointZero, a subsidiary of 2PointZero Group, announced plans to acquire a 90% stake in Azura Power, a pan-African independent power producer with 752MW of operating capacity. This transaction will ma
-
Nvidia to Invest $3.5 Billion in MediaTek via Convertible Bonds to Deepen AI Chip Partnership
The investment aims to expand Nvidia's AI ecosystem by having MediaTek adopt Nvidia’s NVLink Fusion and NVHBM technologies, which will enhance Nvidia’s role in connecting custom chips within AI data c
-
Al Jazeera analysis: US-Israel war on Iran boosts energy firms' profits, hurts airlines and automakers; ExxonMobil Q2 profit hits $14.5bn
The six-month-long US-Israel war on Iran has created economic winners and losers, with energy companies like ExxonMobil, Chevron, TotalEnergies, Shell, and BP reporting significantly increased profits
-
PetroChina's first-half net profit jumps 22% to $15.4 billion as higher oil prices offset Iran war supply disruptions
PetroChina, China’s largest oil and gas producer, reported on Monday a 22% jump in first-half net profit to 103.9 billion yuan ($15.4 billion) for the six months ended June. The company is gradually r
-
ONEOK to acquire Brazos Midstream's Permian assets for $4.425bn
ONEOK has signed a definitive agreement to acquire Brazos Midstream's natural gas gathering and processing assets in the Permian Midland Basin for $4.425 billion in cash. The deal, expected to close i
-
Iran's President Pezeshkian Tells India's Prime Minister Tehran Still Seeks Negotiated Solution Out of Conflict with U.S., Says War Is in No One's Interest
Iran's President Pezeshkian Tells India's Prime Minister Tehran Still Seeks Negotiated Solution Out of Conflict with U.S., Says War Is in No One's Interest
-
Lithium Miners Report Strong H1 Profits as Global Demand Surges 45% Driven by Battery Storage
Chinese majors Tianqi Lithium Corp. and Ganfeng Lithium Group reported their biggest profits in three years for the first six months of 2026. U.S. Albemarle stated global lithium demand rose 45% year
-
Bank of America Warns Inflation Squeezing Consumer Staples Companies Margins, Citing Rising Commodity Costs and Limited Pricing Power
Bank of America states that rising commodity costs and limited pricing power are increasing margin pressure on consumer staples companies. Oil, diesel, and agricultural prices have surged amid geopoli
-
Iranian Foreign Minister Accuses Netanyahu of Pushing U.S. into War
Iranian Foreign Minister Abbas Araghchi called Israeli Prime Minister Benjamin Netanyahu a “serpent,” accusing him of manipulating Washington into joining the war against Iran. Araghchi cited Netanyah
-
Zambian State Mine Investor Weighs Share Sale to Boost Liquidity
Zambia’s majority state-owned mining investor is considering selling a stake in its business, which owns minority interests in most of the nation’s biggest copper mines, its chief executive officer sa
-
Asian Refiners Turn to Argentina for Oil Supply as Iran War Disrupts Middle East Shipments
Asian crude oil importers, including China, Japan, and South Korea, are purchasing oil from Argentina to offset supply losses from the Middle East due to the ongoing Iran war. This shift allows them t
-
Crop prices are set to post their biggest monthly gain since 2012, driven by war and extreme weather.
Crop prices are on track for their biggest monthly gain in over a decade, driven by war and extreme weather disrupting global supplies, sparking concerns about food inflation.
-
SK On Signs $1.09 Billion LFP Battery Supply Deal with US NeoVolta Power
SK On announced Monday it has signed an agreement with US-based NeoVolta Power to supply 9 gigawatt-hours (GWh) of lithium iron phosphate (LFP) pouch cells for energy storage systems (ESS). The contra
-
China's August LNG Imports Set to Drop as High Prices Hit Demand
According to ship-tracking data, China's liquefied natural gas imports are expected to decline this month compared to a year earlier, as higher prices, triggered by the war in the Middle East, have da
-
China Coking Coal Heads for Record Monthly Monthly Gain on Supply Crunch
Chinese coking coal prices are heading for their biggest monthly gain on record, as supply of the steelmaking raw material tightens due to output disruptions and tougher safety checks.
-
Financial Times: Asset managers report long-term investors are turning to shipping for hard asset exposure as Middle East conflict boosts returns.
Financial Times: Asset managers report long-term investors are turning to shipping for hard asset exposure as Middle East conflict boosts returns.
-
Radiant World's Senior China Trader Leon Jin Quits Amid Pressure Over Alleged Falsified Documents
Leon Jin, Radiant World's head of iron ore in China, left the company on Monday. His departure comes as the iron ore trader faces scrutiny over concerns it provided falsified documents to banks.
-
The US launched its first attack on Iran in a month, and Iran retaliated against a US military base in Jordan. The US stated that the missiles had been shot down.
The U.S. launched its first attacks on Iran in a month, targeting sites on Larak Island. Iran retaliated by striking a base in Jordan housing U.S. troops. The U.S. stated that these missiles were shot
-
Trump says Kharg Island is being blown to smithereens
Trump says Kharg Island is being blown to smithereens
-
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
-
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
-
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.
-
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
-
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
-
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
-
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
-
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.
-
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
-
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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.
-
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
-
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
-
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
-
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
-
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.
-
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
- No data
Commodities
24H Trending
-
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.
-
2
The Senate failed to pass a cryptocurrency ethics rule because it did not cover the interests of officials' adult children.
-
3
Hong Kong to expand renminbi-denominated bond, gold and commodity markets, says Financial Secretary Paul Chan
-
4
Goldman Sachs: Market "pricing in 4 rate hikes" is overly pessimistic, expects only two rate hikes in this cycle.
-
5
Musk reposted a SpaceX tweet, confirming the deployment of 27 Starlink satellites.
-
6
Big Tech uses guarantees to keep $300bn of AI exposure off balance sheets, with Wall Street facilitating cheaper funding
-
7
Houthis attack Saudi capital and Aramco facilities, US warns of "rapid escalation" of conflict, Saudi Arabia urgently seeks aid from multiple countries.
-
8
Google executive says Asia's AI adoption is outpacing perception, with demand rising for cost-effectiveness
-
9
Ed Sheeran calls Gaza situation 'catastrophic,' 'unjustifiable,' and 'disproportionate' as US tour resumes
-
10
OpenAI is in preliminary discussions with investors for a new private funding round, potentially valuing the company at over $1.2 trillion.
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
