Faster global financial news!
Commodities
-
Permian Gas Has Been Worth Less Than Nothing for 118 Days This Year Amid Oversupply
Permian Basin natural gas has traded at negative prices for 118 of the first 131 trading days this year, indicating a persistent oversupply due to insufficient pipeline capacity. Chevron's subsidiary
-
Odfjell Drilling secures $518m contract for Deepsea Bergen from Vår Energi
Norwegian deepwater driller Odfjell Drilling has received a letter of award from Vår Energi for the Deepsea Bergen rig, with an estimated contract value of $518 million (Nkr4.81 billion). The three-ye
-
US Diesel Futures Top $5 a Gallon for First Time Since 2022 Amid Deepening Global Fuel Squeeze
US Diesel Futures Top $5 a Gallon for First Time Since 2022 Amid Deepening Global Fuel Squeeze
-
WTI crude oil rose 5.01% intraday, now trading at $100.860.
WTI crude oil rose 5.01% intraday, now trading at $100.860.
-
Yemen's Houthi spokesman: Freedom of navigation and international trade in the Red Sea and Bab al-Mandab Strait remain safe and undisturbed.
Yemen's Houthi spokesman: Freedom of navigation and international trade in the Red Sea and Bab al-Mandab Strait remain safe and undisturbed.
-
Oil Prices Remain Near Record Highs as Fuel Exports Slowly Resume Through Strait of Hormuz
Bloomberg Markets reports that oil product exports through the Strait of Hormuz are slowly recovering, but not fast enough to prevent fuel prices from surging, putting pressure on global consumers.
-
Sonnedix secures $1.3bn to advance Chile renewables and storage projects
Renewable energy company Sonnedix has secured $1.3bn (1.22 trillion pesos) through a refinancing transaction to accelerate its renewable energy and storage pipeline in Chile. The agreement covers the
-
GasBuddy Reports 5 California Gas Stations Hit $9.999 Per Gallon For Diesel, The Highest Price Their Systems Allow
According to a September 10 post from GasBuddy's head of petroleum analysis Patrick De Haan, five diesel pumps in California are displaying $9.999 a gallon, the maximum figure their hardware can show.
-
Copper prices and Freeport-McMoMoRan (FCX) shares tumbled early Thursday amid an unclear tariff outlook from the White House and surging oil prices and government bond yields.
Copper prices and shares of U.S. copper mining giant Freeport-McMoRan (FCX) fell sharply in early trading on Thursday, after Reuters reported that the White House may not expand the scope of refined c
-
OPEC Further Cuts 2026 Oil Demand Growth Forecast, Raises 2027 Outlook Amid Oil Prices Surpassing $100
The Organization of the Petroleum Exporting Countries (OPEC) has once again cut its forecast for global oil demand growth for 2026 to 380,000 barrels a day, down from a previous estimate of 580,000 ba
-
TotalEnergies to Bring New Angola Discovery Online in Just Three Months
TotalEnergies on Thursday announced its Acacia-5 discovery in Block 17, made in June 2026, is expected to achieve first oil in just three months by utilizing available capacity on the nearby Pazflor F
-
Russia's Crude Output Fell in August as Ukraine Steps Up Strikes on Oil Assets
Russia's production of crude oil shrank in August, lagging further behind its OPEC+ quota, after Ukraine stepped up attacks on the nation's oil assets.
-
US 10-year Treasury yield rises to 4.91%, highest since 2023, as Brent crude oil jumps to $105
The US 10-year Treasury yield rose to 4.91%, marking its highest level since 2023. Concurrently, the 30-year Treasury yield climbed to 5.35%. Treasury prices were under pressure as Brent crude oil sur
-
Prediction market company Kalshi launches gold and silver perpetual contracts after CFTC approval.
The U.S. Commodity Futures Trading Commission (CFTC) this week approved prediction market company Kalshi to list perpetual contracts linked to precious metals gold and silver, with the new market goin
-
McEwen Copper secures $240M term loan to advance Los Azules copper, gold and silver project
McEwen Copper Inc., a subsidiary of McEwen Inc., has closed a $240 million senior secured four-year term loan to advance the Los Azules copper, gold, and silver project in San Juan, Argentina. TNR Gol
-
Brent Crude Oil Tops $105 a Barrel Amid Rising Middle East Tensions, US Gasoline Prices Hit Record High
Brent crude oil prices have exceeded $105 a barrel as escalating tensions in the Middle East intensify concerns about global supplies, with Iran showing no signs of de-escalation. Concurrently, US gas
-
The U.S. Energy Information Administration (EIA) raised its 2027 U.S. diesel price forecast by 8.2% to $4.40/gallon, citing tightening global supply leading to inventory declines.
The EIA, in its September Short-Term Energy Outlook report, stated that it has raised its 2027 retail diesel price forecast from $4.07 per gallon to $4.40. Concurrently, the 2026 retail diesel price f
-
United States on track for record crude oil production in 2026
The U.S. Energy Information Administration (EIA) forecasts U.S. crude oil production will average 13.8 million barrels per day (b/d) in 2026, surpassing the previous record of 13.7 million b/d set in
-
HSBC: Global Commodities Enter "Super Cycle," 2026 Price Forecast Raised to 22%
Paul Bloxham, HSBC's Chief Economist for Global Commodities, stated in his latest report that the market has entered a "super squeeze" phase, with commodity prices likely to remain elevated for longer
-
Wealthy investors seek oil and gas assets amid Iran war and AI boom, driving deal spend to multi-year highs
Ultra-high-net-worth investors and family offices are increasingly interested in mineral rights and other energy assets, fueled by energy pressures from the Iran war and the artificial intelligence bo
-
Silver is down 5.53% today, currently trading at $64.850.
Silver is down 5.53% today, currently trading at $64.850.
-
WTI crude oil rose 4.35% intraday, now trading at $100.230.
WTI crude oil rose 4.35% intraday, now trading at $100.230.
-
Saudi Arabia cuts oil output to this year's lowest level due to Houthi threats
The world's biggest oil exporter was forced to cut production after Houthi rebels announced a 'maritime embargo' against the kingdom’s exports in July.
-
Silver is down 4.01% today, currently trading at $65.890.
Silver is down 4.01% today, currently trading at $65.890.
-
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
Nippon Life plans to invest $12.7 billion (2 trillion yen) in infrastructure financing, primarily for data center construction in the US
-
3
NVIDIA CEO Jensen Huang rejected calls to slow down AI development, stating that AI should advance "as fast as possible" but emphasized that safety should not be sacrificed.
-
4
VICA Token: Ethereum-Based "Noflation" Concept Token and Its Market Status
-
5
What is Shiba Inu (SHIB)? An Analysis of Shiba Inu's Current Status and Trading Channels
-
6
The US, Denmark, and Greenland have reached a security agreement to expand the US military presence in Greenland, expected to be signed next week.
-
7
The Senate failed to pass a cryptocurrency ethics rule because it did not cover the interests of officials' adult children.
-
8
ODMCoin (ODMC) Project Review: A Blockchain Attempt at Oil and Gas Waste Treatment
-
9
ATMOS Coin Analysis: Market Status and Historical Performance of Novusphere's Native Token
-
10
Decentralized Applications (DApps) Explained: Reshaping the Foundation of the Web3 Ecosystem
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!
