Commodities
-
Brazilian Court Suspends Permits, Halts Sigma Lithium's Mine Operations
A Brazilian court ordered the suspension of all environmental permits for Sigma Mineração SA, an operating subsidiary of Sigma Lithium Corp., and the complete halt of mining activities for the company
-
Iran War Halves Hormuz Strait Oil Flows to 6-8 Million BPD, Forcing Global Trade Route Rewrites and Adding $330 Billion to Import Costs
The ongoing conflict has compelled Middle Eastern oil exporters like Saudi Arabia and the UAE to divert crude through alternative routes such as the Bab el-Mandeb Strait and Fujairah port, despite exi
-
Iran's IRGC says it attacked U.S. aircraft carrier and destroyer with ballistic missiles; U.S. has not confirmed
Iran's IRGC says it attacked U.S. aircraft carrier and destroyer with ballistic missiles; U.S. has not confirmed
-
ABN Amro Clearing, a unit of Dutch bank ABN Amro, to enter Japan's electricity futures market as early as this month
ABN Amro Clearing, a subsidiary of major Dutch bank ABN Amro, will enter the Tokyo Commodity Exchange's electricity futures market, expecting to meet qualifications to broker trades and make settlemen
-
Iran's Islamic Revolutionary Guard Corps Navy warned all vessels near the Persian Gulf and Strait of Hormuz to be vigilant against "suspicious actions."
Iran's Islamic Revolutionary Guard Corps Navy warned all vessels near the Persian Gulf and Strait of Hormuz to be vigilant against "suspicious actions."
-
Iran's IRGC Navy says it targeted three vessels on unauthorized routes through Strait of Hormuz
Iran's IRGC Navy says it targeted three vessels on unauthorized routes through Strait of Hormuz
-
Yahoo Finance analyst Todd Shriber increased his stake in Chevron (CVX) despite Donald Trump's past criticism of major oil companies.
Yahoo Finance analyst Todd Shriber stated that he increased his holdings in Chevron (CVX), citing the company's strong long-term fundamentals and benefits from the Venezuela catalyst, despite former U
-
Iran's top joint military command says strikes could expand if U.S. continues 'harassment' of Iranian ships - state media
Iran's top joint military command says strikes could expand if U.S. continues 'harassment' of Iranian ships - state media
-
Chinese Energy Giants Tap Brazil for Imports, Oil Field Exploration
China's three major state-owned petroleum companies are diversifying crude oil sourcing and ramping up domestic and overseas production in joint efforts with the government to bolster energy security
-
USA Rare Earth (USAR) is set to acquire Brazil's Serra Verde rare-earth mine, expected to close before its next earnings report in early November.
The acquisition is projected to significantly boost USAR's financials, with Serra Verde forecast to generate $550 million to $650 million in annualized EBITDA by the end of 2027. Serra Verde has also
-
Yahoo Finance Analysis: Chevron invests in Iraq and plans to build an oil pipeline bypassing the Strait of Hormuz, but the true drivers of its dividend growth are long-term thinking and financial strength.
Yahoo Finance analysis points out that Chevron's plan to invest in and build oil pipelines in Iraq to avoid crossing the Strait of Hormuz is not the fundamental reason for its sustained dividend growt
-
U.S. CENTCOM: U.S. Strikes Follow Iran's Ballistic Missile Launch Toward Two U.S. Navy Warships
U.S. CENTCOM: U.S. Strikes Follow Iran's Ballistic Missile Launch Toward Two U.S. Navy Warships
-
U.S. Central Command: U.S. Forces Attacked Three Iranian Crude Oil Tankers
U.S. Central Command: U.S. Forces Attacked Three Iranian Crude Oil Tankers
-
Donald Trump calls the blockade on Iran "unbelievable" as Brent crude surpasses $90 and US strategic petroleum reserves fall to their lowest since 1982.
Former U.S. President Donald Trump stated in an August 30 interview with Fox News that his administration's blockade on Iran was "incredible" and placed "very severe" economic pressure on Iran. Meanwh
-
Yemeni government forces launched airstrikes against Houthi rebels, marking a significant escalation in the conflict; a Houthi missile attack on Saturday killed at least 4 civilians.
Yemen's internationally recognized government forces launched at least 15 airstrikes on Friday against Houthi positions, gatherings, and vehicles in the Taiz and Hodeidah provinces. These strikes were
-
GM and Ford expand into U.S. defense and energy storage sectors, seeking new growth areas beyond traditional auto sales
General Motors and Ford are diversifying their businesses by pursuing U.S. military contracts and entering the energy storage system (ESS) market. Ford joined GM this year in seeking defense contracts
-
The U.S.-Iran conflict and the war in Ukraine are intensifying pressure on global energy markets; tight diesel supplies could trigger a distillate crisis.
Bloomberg reports that renewed conflict between the U.S. and Iran, coupled with uncertainty surrounding shipping in the Strait of Hormuz, is putting pressure on global energy markets, with the threat
-
Iranian Media: An Iranian oil tanker was hit by a US missile near Kharg Island, explosions reported
According to local sources cited by Iran's Fars News Agency and Noor News, the attack occurred on the morning of the 5th, with multiple explosions heard at the scene, though no smoke or fire was obser
-
Strong demand from Asian refiners is driving up Middle Eastern crude oil prices, with DME Oman crude approaching $100.
Asian refiners' robust demand for Middle Eastern crude is driving a rapid surge in benchmark prices, Bloomberg reported on September 5. The UAE's benchmark Murban futures are currently trading at $106
-
Citi expects the Strait of Hormuz to reopen in Q4 2026, raising its 0-3 month gold target price to $4,800/oz.
Citigroup stated in its latest commodity outlook that its core scenario is the reopening of the Strait of Hormuz to shipping in Q4 2026. The bank believes that if the strait reopens, a decline in oil
-
Hyundai Motor Group Executive Chair Chung Euisun said steel from its planned Louisiana mill could be used in Atlas humanoid robots and SpaceX rockets.
Hyundai Motor Group Executive Chair Chung Euisun said steel from its planned Louisiana mill could be used in Atlas humanoid robots and SpaceX rockets.
-
U.S. diesel prices hit a record high of $5.85 per gallon on Friday.
According to data from the American Automobile Association (AAA), the average retail price of diesel in the United States reached an all-time high of $5.85 per gallon on Friday, surpassing the previou
-
Hedge funds are increasing their bets on rising oil prices amid escalating conflict between the U.S. and Iran, with Brent crude net long positions reaching a three-month high.
As the latest round of conflict between the US and Iran escalates, market concerns are rising over potential long-term disruptions to energy shipments through the Strait of Hormuz. For the week ending
-
Donald Trump downplays US-Iran conflict as "minor," but hints at "possible imminent" strike on Iran's Ghasemabad nuclear facility.
On Friday, ET, US President Donald Trump stated that the conflict between the US and Iran was merely a "military skirmish" and a "minor issue" for the US, which should not be called a "war." However,
-
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
-
Macron to Convene G7 Meeting to Discuss Strategic Oil Reserve Release After European Diesel Retail Prices Exceed $300
French President Emmanuel Macron stated on Friday that he would convene a G7 meeting within weeks to discuss the possibility of releasing strategic petroleum product reserves. This move signals Europe
- No data
Commodities
24H Trending
-
1
Anthropic's potential $2 trillion IPO fuels nearly $80 million in crypto derivatives bets
-
2
The Senate failed to pass a cryptocurrency ethics rule because it did not cover the interests of officials' adult children.
-
3
What is Shiba Inu (SHIB)? An Analysis of Shiba Inu's Current Status and Trading Channels
-
4
Decentralized Applications (DApps) Explained: Reshaping the Foundation of the Web3 Ecosystem
-
5
ODMCoin (ODMC) Project Review: A Blockchain Attempt at Oil and Gas Waste Treatment
-
6
Hong Kong to expand renminbi-denominated bond, gold and commodity markets, says Financial Secretary Paul Chan
-
7
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.
-
8
Wu Blockchain: Interpol expands "Silver Notice" system, identifying at least €36 million in criminal assets
-
9
Trump criticizes Supreme Court decisions on tariffs and birthright citizenship, claims they cost U.S. trillions of dollars
-
10
Big Tech uses guarantees to keep $300bn of AI exposure off balance sheets, with Wall Street facilitating cheaper funding
Markets Today
Recommended Reading



