Commodities
-
Moniz Warns: US Refineries Enter Autumn Maintenance Season, Global Supply of Refined Fuels Like Diesel May Face Additional Pressure
Former U.S. Energy Secretary Ernest Moniz warned that the tight global supply of diesel and other refined fuels could face additional pressure as U.S. refineries, already operating near full capacity,
-
Iran-backed Houthis seize strategic Mayun Island, tightening control over Bab al-Mandeb Strait
Houthi forces have taken control of Mayun Island, also known as Perim, a strategic volcanic island in the heart of the Bab al-Mandeb Strait. The takeover, confirmed on Friday by both Yemen's internati
-
Europe's solar boom leads to oversupply on sunny days, pushing wholesale electricity prices to zero or below
Solar has become Europe’s largest source of power during summer months, but this success is creating a new problem: on sunny days, Europe can produce more solar power than the system can absorb. Indus
-
Council on Foreign Relations Senior Fellow: Houthi attacks pose a major setback to U.S. strategy of stabilizing regional oil flows, Iran's nuclear activities raise new concerns.
Ray Takeyh, a senior fellow at the Council on Foreign Relations, stated on Bloomberg Television that renewed Houthi attacks represent a significant setback for the U.S. strategy to stabilize regional
-
Iranian MP Mohseni-Sani Declares Tehran No Longer Bound by Nuclear Treaty, Driving Brent Crude to $110
Mohammadreza Mohseni-Sani, a member of Iran's parliament's National Security and Foreign Policy Committee, stated on September 12 that Tehran no longer considers the Nuclear Non-Proliferation Treaty (
-
BAHRAIN SAYS IT WILL NOT TAKE PART IN MEETING WITH IRAN OVER HORMUZ STRAIT - STATE MEDIA
BAHRAIN SAYS IT WILL NOT TAKE PART IN MEETING WITH IRAN OVER HORMUZ STRAIT - STATE MEDIA
-
Columbia University Analyst: Venezuela's Oil Industry Revival to Take Years and Up to $150 Billion in Investment
Luisa Palacios, an analyst at Columbia University, stated that Venezuela, despite having the world's largest oil reserves, would require years and up to $150 billion in investment to revitalize its oi
-
Yemeni government forces claim to have launched airstrikes near Mocha targeting Houthi members and vehicles, following the Houthis' complete control of the Bab al-Mandab Strait.
Yemeni government forces spokesperson Majed Abdullah Nazili stated that they launched airstrikes on Houthi militants and their vehicles along the Red Sea coast on Saturday, destroying vehicles and wea
-
Energy Aspects warns of oil prices heading for an "upward spiral," as Chinese regulators raise crude oil futures' daily price limits and adjust refined oil prices.
The global crude oil market is at a "turning point," with energy analysis firm Energy Aspects warning that oil prices are heading for an "upward spiral" due to accelerated global inventory drawdowns,
-
Oil, Gas and Diesel Prices Surge, Forcing Central Banks and Governments to Reassess Impact of Iran and Ukraine Wars, Signaling Winter Crisis and Rising Interest Rates
Oil, Gas and Diesel Prices Surge, Forcing Central Banks and Governments to Reassess Impact of Iran and Ukraine Wars, Signaling Winter Crisis and Rising Interest Rates
-
Trump on Saudi pipeline attack: Houthis don't want to fight with us
Trump on Saudi pipeline attack: Houthis don't want to fight with us
-
Trump says Iran likely responsible for Saudi oil pipeline attack
Trump says Iran likely responsible for Saudi oil pipeline attack
-
Donald Trump stated regarding the Saudi oil pipeline attack that the Saudi Crown Prince is a good friend of his, and everything will be alright.
Donald Trump stated regarding the Saudi oil pipeline attack that the Saudi Crown Prince is a good friend of his, and everything will be alright.
-
Trump on Iran: Oil prices will tumble when the war ends.
Trump on Iran: Oil prices will tumble when the war ends.
-
Robert Friedland on the World’s Monumental Shortage of Copper
Robert Friedland on the World’s Monumental Shortage of Copper
-
Iranian lawmaker says Tehran rejects unconditional talks with US, deeming them "futile."
Iranian lawmaker Ebrahim Azizi stated that Tehran would not negotiate with the United States without its conditions being met, calling such talks "futile" otherwise. This statement comes amid pushes b
-
The U.S. has restricted air defense time slots for oil tankers passing through the Strait of Hormuz to two designated periods per day, following an increase in Iranian attacks.
The U.S. has restricted air defense time slots for oil tankers passing through the Strait of Hormuz to two designated periods per day, following an increase in Iranian attacks.
-
US stocks rebound on Friday, S&P 500 up 0.9% and Nasdaq 1%, as Brent crude falls 2.8% to $104.61
US stocks rebounded on Friday, regaining much of their weekly losses, as Brent crude oil prices eased 2.8% to settle at US$104.61 per barrel after nearing US$110 overnight. The S&P 500 climbed 0.9%, s
-
Yemen's Houthi rebels have taken full control of the Bab el-Mandeb Strait region. Saudi Arabia's East-West oil pipeline was preventatively shut down after an attack. On the 10th, the number of vessels passing through the Bab el-Mandeb Strait plummeted to six.
Yemen's Houthi rebels have taken full control of the Bab el-Mandeb Strait region, leading to the precautionary shutdown of Saudi Arabia's East-West oil pipeline after an attack. As a result, the numbe
-
Japan is considering building a next-generation fast breeder nuclear reactor to reduce its reliance on imported uranium
The move comes as China and Russia lead in the development of this technology, which Japan hopes will enhance its energy independence. The Japan Atomic Energy Agency's prototype fast breeder reactor,
-
Saudi Arabia says its East-West oil pipeline was hit by drones launched from Iraq
Iraq condemned the attack, with Prime Minister Ali al-Zaidi ordering an investigation into those responsible. Saudi Arabia stated it would not retaliate for now following a request from Baghdad, while
-
CFTC data shows that as of the week ending September 8, WTI crude oil net long positions increased to 139,339 contracts, a 20-week high.
According to the latest Commitment of Traders (COT) data from the U.S. Commodity Futures Trading Commission (CFTC), speculative funds continued to increase their bullish bets on crude oil for the week
-
The Trump administration is considering invoking the Defense Production Act to expand U.S. refining capacity in response to oil prices breaking above $100/barrel and soaring refined product prices.
The Trump administration is reportedly exploring the use of the Defense Production Act to expand domestic refining capacity, Reuters reported, citing sources familiar with the matter. This option was
-
VLCC tanker rates from the Gulf of Oman to China have surged 4.5 times to Worldscale 450, reaching a record high of $11.5 per barrel, due to escalating Middle East conflicts.
According to data from the Baltic Exchange, the freight rate for Very Large Crude Carriers (VLCCs) from the Gulf of Oman in the Middle East to China surged to around Worldscale 450 this week, which is
-
WTI crude oil fell 5.03% intraday, now trading at $91.250.
WTI crude oil fell 5.03% intraday, now trading at $91.250.
-
Saudi Aramco loaded 14 million barrels of crude oil from Gulf terminals on Sunday, increasing exports through the Strait of Hormuz.
Shipping data shows Saudi Aramco loaded 14 million barrels of crude oil onto seven very large crude carriers (VLCCs) from Gulf terminals on Sunday, increasing exports through the Strait of Hormuz. Sat
-
Russia reroutes grain exports to Baltic and Arctic ports as Black Sea shipments stall, converting fertilizer and coal terminals.
Russian firms are converting fertilizer and coal terminals at Baltic and Arctic ports to handle grain exports. Rail applications to Ultramar’s Baltic terminal reached approximately 260,000 tons for Se
-
Trump reportedly halted airstrikes against Houthis after attacks on Saudi oil facilities.
According to US officials, US President Donald Trump temporarily halted airstrikes against Yemen's Houthi rebels at noon on September 20 local time, after US military aircraft had already completed mu
-
U.S. diesel prices surged to a record $6.51, as Republicans weigh a diesel export ban and a gas tax holiday.
Republicans are weighing a ban on diesel exports and a gas tax holiday ahead of the midterm elections, as soaring fuel costs pressure consumers and farmers, the Wall Street Journal reported. Congressi
-
Global oil and gas discoveries hit 40-year low in 2025 amid investment cutbacks
The number of new oil and gas field discoveries worldwide in 2025 fell to the lowest level in more than 40 years, with volumes at those fields falling to one-tenth of the 2013 peak. This decline is at
-
Yemen conflict escalates, displacing over 120,000 as Houthis and Saudi-backed forces clash near Red Sea strait
The BBC reports that more than 3,000 refugees have arrived in Djibouti in recent days, with the UN estimating over 120,000 Yemenis displaced by the sudden surge in fighting along Yemen's Red Sea coast
-
TotalEnergies CEO says too much refining capacity offline ahead of winter
TotalEnergies CEO says too much refining capacity offline ahead of winter
-
The Iranian government announced several energy-saving measures to address fuel shortages, including adjusting government office hours to 1 PM and promoting public transportation.
In response to severe fuel shortages and economic challenges, the Iranian government announced that from September 23 until the end of March 2027, government office hours will be adjusted to 8 AM to 1
-
Hitachi Energy, Caturus, and Continental Resources announce major investments and collaborations during the G20 Energy Ministers' Meeting.
Hitachi Energy Japan announced a $528 million investment to build a new power transformer manufacturing plant in Mississippi, USA, expected to create 654 new jobs. Houston-based Caturus announced an e
-
The U.S. Environmental Protection Agency (EPA) has repealed most of the greenhouse gas requirements for power plants from the Biden administration, a move expected to save $310 billion.
EPA Administrator Lee Zeldin announced at the G20 Energy Ministers' Meeting that the agency has abolished most of the greenhouse gas requirements for U.S. power plants from the Biden administration er
-
G20 Energy Ministers' Meeting reached four consensuses aimed at advancing energy access, infrastructure development, water resilience, and supply chain security.
G20 Energy Ministers concluded their Energy Abundance Ministerial Meeting in Houston on September 16, reaching a consensus on four outcomes to advance energy access, infrastructure development, water
-
U.S. fuel prices are surging, with diesel nearing $6.50/gallon and gasoline rising to $4.48/gallon, which could push inflation expectations higher and reinforce the Federal Reserve's hawkish stance.
U.S. diesel prices have surged to nearly $6.50/gallon, up approximately 18% from the August average, while gasoline prices have climbed to $4.48/gallon. Consumer surveys have not yet fully reflected t
-
Trump: The United States is trading with Belarus for large-scale potash purchases
Trump: The United States is trading with Belarus for large-scale potash purchases
-
Vance says Iranian oil is still flowing
Vance says Iranian oil is still flowing
-
U.S. Strategic Petroleum Reserve fell to 284.6 million barrels last week, a new low since 1982.
U.S. Strategic Petroleum Reserve (SPR) inventories fell to 284.6 million barrels last week, the lowest level since 1982.
-
WTI crude oil is down 4.11% today, currently trading at $92.130.
WTI crude oil is down 4.11% today, currently trading at $92.130.
-
Brent crude fell 2.6% to $101.18, and WTI dropped below $98, as increased oil supply from Saudi Arabia through the Strait of Hormuz eased supply concerns.
Brent crude fell 2.6% to $101.18, and WTI crude dropped below $98, as diplomatic hopes and increased Saudi oil supplies through the Strait of Hormuz eased market concerns about supply shortages. Saudi
-
Spot gold falls over 1% to $4,325.49/oz
Spot gold falls over 1% to $4,325.49/oz
-
Russia Set to Extend Diesel Export Ban Beyond End of September
Russia is set to extend a ban on most diesel exports beyond the end of September as Ukraine continues to attack its refineries, according to people familiar with the matter.
-
Satellite Snapshot Shows Increase in Saudis’ Gulf Oil Flows After Pipeline Shutdown
Satellite Snapshot Shows Increase in Saudis’ Gulf Oil Flows After Pipeline Shutdown
-
Iran's IRGC Spokesperson Warns of New Weapons and Unattacked Enemy Targets
An Iranian Revolutionary Guard Corps (IRGC) spokesperson reportedly stated that the world has “not yet seen the power and precision” of Iran’s new weapons. The spokesperson also claimed Iran has addit
-
Brazil's Patria Sells Colombia Solar Park to Isagen
Brazilian alternative asset manager Patria Investments Ltd and minority partner Ashmore Colombia agreed to sell one of Colombia’s largest solar parks to power generator Isagen SA for an undisclosed am
-
Donald Trump stated in a post that Russia has lost control of its diesel industry due to the Russia-Ukraine war, with numerous refineries bombed and shut down, calling for an end to the war.
Donald Trump stated that the Russia-Ukraine war has led to the extensive destruction and at least temporary shutdown of Russian diesel refineries, causing Russia to lose control over its diesel indust
- No data
Commodities
24H Trending
-
1
XRP is testing the $1.50 resistance level, a key threshold that has capped its advances for roughly 230 days, with a break potentially leading to $1.80+
-
2
Seoul stocks rise 1.65% on chip gains despite Middle East tensions
-
3
Binance Stock Trading Platform Adds 25 New Stocks
-
4
Central Bank Digital Currency (CBDC) In-Depth Analysis: Global Progress and Impact
-
5
OKX App Download Guide: Get the World's Leading Cryptocurrency Trading Platform Application
-
6
US equity futures rise, led by AI stocks; oil prices fall over 2% to around $101; US Treasury yields decline; US and Chinese officials discuss AI national security "notification mechanism."
-
7
BiblePay (BBP) Cryptocurrency Analysis: Charitable Mission, Technical Features, and Market Status
-
8
Gamium (GMM) Token Analysis: Value, Ecosystem, and Investment Risk Assessment
-
9
Commodities trader Trafigura plans to float its supertanker arm Volare Shipping in Oslo, marking the business's first IPO
-
10
Morgan Stanley’s Wilson Says US Stocks Risk 7% Drop in Near Term
Markets Today
Recommended Reading




