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Commodities
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Iran and Gulf States to Meet on Hormuz Deal, Aiming to Ease Hostilities and Reopen Strait
Regional states hope a temporary shipping agreement between Iran and Oman can offer a pathway to ease hostilities and reopen the Strait of Hormuz.
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Dubai Airports Group plans to build underground fuel tanks to guard against (missile) attacks.
Dubai Airports plans to build underground fuel tanks to guard against missile attacks. The UAE is pressing ahead with expansion plans for its aviation hub despite the ongoing war in Iran.
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Iron Ore Heads For Steepest Weekly Loss Since June As Steel Mill Margins Deteriorate
Iron Ore Heads For Steepest Weekly Loss Since June As Steel Mill Margins Deteriorate
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China's solar wafer prices stabilized last week after a decline, with limited trading volume.
China's solar wafer prices stabilized last week after a decline, with limited trading volume.
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Copper Heads for First Weekly Loss Since June as Doubts Intensify Over US Delaying Tariff Decision
Copper Heads for First Weekly Loss Since June as Doubts Intensify Over US Delaying Tariff Decision
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China Halts New Battery Factory Construction Amid Capacity Concerns, Caixin Reports
China has temporarily suspended construction of new projects to manufacture power and energy-storage batteries, pending a year-end review of industry capacity, Caixin reported.
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Iran Claims Capture of US "Saildrone" Near Strait of Hormuz
The Iranian Revolutionary Guard Corps Navy announced that its forces struck a U.S.-operated "sail drone" at the entrance to the Strait of Hormuz, claiming the action "thwarted an aggressive mission."
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The UN envoy to Yemen warned the Security Council that the war in Yemen has entered a "more dangerous phase" after Houthi forces captured the strategic port of Mocha.
UN Special Envoy for Yemen Hans Grundberg warned the Security Council on Thursday that the war in Yemen has entered a "new, more dangerous phase" after Houthi forces captured the strategic port city o
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Donald Trump hinted that the election might restrict "full-scale" U.S. action against Iran, claiming that U.S. forces sank 22 vessels in the Strait of Hormuz overnight.
Donald Trump also insisted he did not regret the conflict and stated that the United States controls the Strait of Hormuz.
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U.S. Diesel Price Breaks $6/Gallon for First Time, Up Nearly 60% Since Iran War Began Amid Tight Supply
The U.S. average diesel price surpassed $6 a gallon for the first time, according to GasBuddy, up nearly 60% since the Iran war began. Supply remains extremely tight, with U.S. diesel inventories 13%
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Trump says he may not go full into Iran because of the election.
Trump says he may not go full into Iran because of the election.
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IEA forecasts global coal demand to reach a new record of 8.94 billion tons in 2026, driven by soaring natural gas prices due to the Middle East conflict.
The International Energy Agency (IEA) released its latest report on Thursday, forecasting that global coal demand will increase by approximately 1.2% in 2026 compared to 2025, reaching a new historica
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Coinbase co-founder Fred Ehrsam lived in Venezuela for months pursuing oil investments
Coinbase co-founder Fred Ehrsam, also a Trump administration ally, lived for months in a luxury Caracas hotel pursuing investments in Venezuela's oil sector.
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WTI crude oil rose 8.11% intraday, now trading at $103.840.
WTI crude oil rose 8.11% intraday, now trading at $103.840.
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The escalating conflict between Russia and Ukraine is inflicting new shocks on global fuel and food prices.
MarketWatch reports that the conflict between Russia and Ukraine has entered a new and intensified phase. Russia recently launched deadly attacks on Kyiv, while Ukraine has responded with more precise
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Brent crude futures rose $7/barrel due to escalating US-Iran conflict.
Brent crude futures rose $7/barrel due to escalating US-Iran conflict.
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WTI crude oil rose 6.56% intraday, now trading at $102.350.
WTI crude oil rose 6.56% intraday, now trading at $102.350.
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Comstock Resources (CRK) Enters $450M Drilling Venture with Jerry Jones Family Partnership
Separately, Comstock Resources, Inc. (CRK) has entered into a drilling venture with a Jerry Jones family partnership, which will fund approximately $450 million (80-85%) of the drilling and completion
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Comstock Resources (CRK) Signs $1.65B Letter of Intent with SOCAR to Sell Upstream Interests, Expected to Halve Net Debt to $1.5B
Comstock Resources, Inc. (CRK) has signed a nonbinding letter of intent with SOCAR for $1.65 billion in cash. Under the agreement, SOCAR would acquire 20% of Comstock's Legacy Haynesville and 15% of i
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Imperial Petroleum Inc. Q2 revenue hits record $87.1 million, H1 net profit surpasses last year's total, benefiting from Red Sea and Strait of Hormuz disruptions.
Imperial Petroleum Inc. announced its second-quarter 2026 financial results, reporting record quarterly revenue of $87.1 million. Net profit for the first half of the year reached $62.8 million, alrea
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Iran's Revolutionary Guard Corps Navy claimed to have destroyed a US unmanned vessel at the entrance to the Strait of Hormuz, warning that the strait remains blockaded and under Iranian control, and that hostile vessels will be targeted.
Iran's Revolutionary Guard Corps Navy claimed to have destroyed a U.S. unmanned vessel with hull number 5838 at the entrance of the Strait of Hormuz. The Guard also asserted that the Strait of Hormuz
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U.S. AND MIDDLE EAST OFFICIALS SAID IRAN HAS RESUMED PRODUCING BALLISTIC MISSILES IN UNDERGROUND FACILITIES USING STOCKPILED COMPONENTS- WSJ
U.S. AND MIDDLE EAST OFFICIALS SAID IRAN HAS RESUMED PRODUCING BALLISTIC MISSILES IN UNDERGROUND FACILITIES USING STOCKPILED COMPONENTS- WSJ
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Tsakos Energy Navigation (TEN) Reports Record Q2 Net Income of $139.3 Million and H1 Net Income of $228 Million, Driven by Strong Tanker Demand and Profit-Sharing Revenue
Tsakos Energy Navigation (NYSE:TEN) reported record second-quarter net income of $139.3 million ($4.40 per share) and first-half net income of $228 million ($7.12 per share) for 2026. The company cite
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US-Backed Tin Refiner Agrees to Buy Up to 100% of Australian Miner’s Supply
A centuries-old tin company backed by funding from the US Department of Defense agreed to buy as much as 100% of the metal concentrates produced by an Australian mining firm under a multiyear offtake
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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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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
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Commodities
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Anthropic's potential $2 trillion IPO fuels nearly $80 million in crypto derivatives bets
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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.
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VICA Token: Ethereum-Based "Noflation" Concept Token and Its Market Status
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Axelar (AXL) In-depth Analysis: The Cross-Chain Interoperability Protocol Connecting the Multi-Chain World
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What is Shiba Inu (SHIB)? An Analysis of Shiba Inu's Current Status and Trading Channels
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The US, Denmark, and Greenland have reached a security agreement to expand the US military presence in Greenland, expected to be signed next week.
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The Senate failed to pass a cryptocurrency ethics rule because it did not cover the interests of officials' adult children.
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ODMCoin (ODMC) Project Review: A Blockchain Attempt at Oil and Gas Waste Treatment
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ATMOS Coin Analysis: Market Status and Historical Performance of Novusphere's Native Token
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