Commodities
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Saudi Arabia claims Houthi drones attacked Mecca, Houthis deny; escalating conflict weighs on oil prices, Brent crude hovers at four-month high
Saudi Arabia stated on Wednesday that its air defense systems intercepted and destroyed a Houthi drone before it entered Mecca's airspace. However, the Houthis denied this claim, calling it an "old li
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South Korea's PanStar Group plans to expand Arctic container voyages from next year, betting on high-value cargo after a 20-day trial run to Europe.
PanStar Group aims to compete with larger Chinese operators by focusing on a seasonal service for high-value cargo.
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Oil falls, Asian stocks rise ahead of Fed rate decision
Crude prices declined on Wednesday but remained near multimonth highs, while Asian stocks gained as investors awaited the Federal Reserve’s rate decision.
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Daewoo E&C to modernize 250km Karakum Canal section in Turkmenistan
South Korea's Daewoo Engineering & Construction (Daewoo E&C) will cooperate with Turkmenistan to modernize a 250-kilometer section of the Karakum Canal. The firm and Turkmenistan's State Committee for
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HD Construction Equipment wins 45-excavator order for Hong Kong railway expansion
South Korea's HD Construction Equipment has secured an order for 45 Develon excavators, including seven 53-ton models and 38 midsize to large models (14-36 tons). These machines will be deployed for M
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Oil prices fell on Wednesday after U.S. crude inventories unexpectedly rose by 7.1 million barrels, offsetting supply concerns from the shutdown of a Saudi oil pipeline.
International benchmark Brent crude for November delivery fell 1.02% to $107.64 per barrel, while U.S. West Texas Intermediate (WTI) crude for October delivery dropped 1.29% to $104.46 per barrel. Thi
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Copper prices stabilized ahead of the Federal Reserve's decision, as the market focused on rising inventories and easing spreads.
Copper futures on the London Metal Exchange edged higher, extending the modest gains from the previous session. Prices had previously reached an all-time high last week, driven by bets on supply tight
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Iraqi PM Zaidi faces struggle to control armed factions after Saudi oil pipeline attack; senior source points to 'splinter' group
A senior Iraqi Interior Ministry source believes a resistance 'splinter' group was responsible for the September 10 drone attack on Saudi Arabia's East-West oil pipeline, which originated from Iraqi t
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Saudi-led coalition intercepts Houthi drone headed for Mecca, warns pilgrim security is 'red line'
Saudi Arabia stated that its air defense forces intercepted and destroyed a drone launched by Yemen's Houthi rebels before it entered the restricted airspace over Mecca on Tuesday evening. The Saudi-l
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New Zealand dairy farmers face profit squeeze in coming months as a very strong El Niño weather pattern looms
New Zealand dairy farmers face profit squeeze in coming months as a very strong El Niño weather pattern looms
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US CBO report: Iran war to increase inflation by 0.5% in Q1 2027, has cost $38B, and will take up to 5 years to replenish munitions
The nonpartisan Congressional Budget Office (CBO) released a report on Tuesday, finding that the six-month war on Iran has cost $38 billion, with an expected increase of $3 billion per month. The conf
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Middle East tensions escalate, with the cost of shipping US crude oil to Asia surging to a record $44.8 million.
According to data from the Baltic Exchange, as of this Tuesday, the cost to charter a Very Large Crude Carrier (VLCC) to transport 2 million barrels of crude oil from the US Gulf Coast to China has su
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Shrinking Chinese Fuel Inventories Raise Chance of Export Curbs
China’s gasoline and diesel inventories are plunging as refiners grapple with a tightening domestic market, raising the chance the government may move to limit fuel exports again.
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Goldman Sachs and Nomura share a consensus view: energy, not AI, is the key driver of the market, with oil prices determining the direction of US Treasuries.
Goldman Sachs analyst Rich Privorotsky and Nomura strategist Charlie McElligott both point out that oil prices, not the AI narrative, are the dominant factor in the current market. They believe that o
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Argentina to file new legal complaints against oil firms near Falkland Islands, prepares tougher sanctions; Trump reconsiders US support for UK sovereignty
Argentina's government announced it will file new legal complaints against companies exploring for oil near the Falkland Islands (Malvinas), intensifying its campaign against businesses operating in t
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Elon Musk states that solar power's exponential growth will continue until all other energy sources account for less than 0.1%
Elon Musk states that solar power's exponential growth will continue until all other energy sources account for less than 0.1%
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Japan's Inpex sees strong buyer interest in Indonesia LNG amid Hormuz closure, citing Mideast tensions
The Japanese energy group's Abadi liquefied natural gas (LNG) project in Indonesia is attracting strong buyer interest, as Middle East tensions highlight the value of energy resources that can bypass
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U.S. Senate Republican leaders are considering discussions on a diesel export ban after U.S. diesel prices hit a new all-time high of $6.27 per gallon on Tuesday.
The U.S. Senate Republican leader stated he is open to discussing an export ban on diesel. This follows Tuesday's record-high average U.S. diesel price of $6.27 per gallon, up about 80 cents from a mo
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Vance told the New York Post that the war in Iran would end after the midterm elections and enter a "very different phase."
Vance told the New York Post that the war in Iran would end after the midterm elections and enter a "very different phase." He also noted that Iran occasionally fires on merchant ships, but the United
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AWS says it cannot restore service to some facilities in Bahrain and the UAE six months after the Iranian attack.
Amazon Web Services (AWS) stated on Tuesday that more than six months after some of its cloud facilities in Bahrain and the UAE were hit by drone attacks during the early stages of the Iran war, the d
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US CFTC Probes Voluntary Carbon Credit Market Amid Growing Scrutiny
The US derivatives regulator is conducting a broad probe into the voluntary carbon credit market. This industry, which once boomed as corporations pledged to reduce emissions, has since shrunk due to
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Venezuela's Oil Market Opening Is a "Smokescreen," Says Energy Figure Pickering
Energy investment banker Dan Pickering said a recent high-profile deal allowing foreign drillers to tap Venezuela's vast oil reserves failed to alleviate persistent market concerns about contract sanc
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Egypt's Sisi meets Saudi Crown Prince MBS, backs call for secure Red Sea navigation as Suez Canal revenues drop $7bn
Egyptian President Abdel Fattah el-Sisi met with Saudi Crown Prince Mohammed bin Salman (MBS) on Tuesday, expressing support for Saudi Arabia's call to ensure secure and unhindered navigation in the R
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IBD has named Scorpio Tankers as a top stock pick for the day, stating it is approaching a buy point.
IBD notes that Scorpio Tankers (STNG) stock is approaching a buy point of $87.39 from a four-month consolidation pattern, driven by strong global demand for oil shipping services. The company has achi
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Drone attack hits Khor Mor gas field in Iraqi Kurdistan, slashing power generation by about 2.8 gigawatts
Omid Ahmed, a spokesperson for the Ministry of Electricity in the Kurdistan Regional Government of Iraq, stated that a drone attack on the Khor Mor gas field in Iraq has resulted in a reduction of nea
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Iranian state media reports that the U.S. military launched "projectiles" at Qeshm Island
Citing Al Jazeera and Iranian state media reports, the U.S. military fired "projectiles" at Qeshm Island in the Strait of Hormuz on Sunday evening local time. The Islamic Republic News Agency (IRNA) p
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Trump stated that the U.S. military's "Iron Gate" Task Force is now fully operational, working in coordination with the maritime blockade to deter Iran.
Trump stated that the U.S. military's "Task Force Iron Gate" is now fully operational, working in coordination with a naval blockade to curb Iran; U.S. President Donald Trump posted on social media th
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Drone attack hits Khor Mor natural gas field in Iraq's Kurdistan region
A drone attack hit the Khor Mor gas field—one of the largest natural gas fields in the region—located in the Sulaymaniyah Governorate of the Iraqi Kurdistan Region. The party responsible for the attac
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Houthis Claim Saudi-Led Coalition Carried Out 91 Airstrikes and Missile Attacks in Yemen Over Past 24 Hours
The Houthis stated that the Saudi-led coalition carried out 91 airstrikes and missile attacks in Yemen over the past 24 hours, affecting six Yemeni provinces and causing civilian casualties. The group
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According to the Islamic Republic News Agency (IRNA), explosions were heard on Iran's Qeshm Island, though there has been no official confirmation yet.
According to the Islamic Republic News Agency (IRNA), explosions were heard on Iran's Qeshm Island, though there has been no official confirmation yet.
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Saudi-led coalition says it destroyed a Houthi missile launcher in Sanaa, Yemen.
The Saudi-led coalition announced that it has destroyed a missile launcher belonging to the Houthis in Sana'a, Yemen. Coalition spokesman Turki al-Maliki stated that the launcher had previously been u
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Iraq and the US have reached an understanding on exporting oil through the shipping lanes near Oman in the Strait of Hormuz, and exports are continuing.
Iraq and the US have reached an understanding on exporting oil through the shipping lanes near Oman in the Strait of Hormuz, and exports are continuing.
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Syria condemns the attack on the Saudi Aramco building in Riyadh, pointing the finger of blame at the Houthis
Syria has condemned the attack on the Saudi Aramco building in Riyadh, pointing the finger at the Houthis. In a statement posted on X, the Syrian Ministry of Foreign Affairs expressed "full solidarity
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Saudi coalition destroys two Houthi missile launchers in Saada, Yemen
The Saudi-led coalition in Yemen announced that it had destroyed two ballistic missile launchers in Saada, northwestern Yemen. A coalition spokesperson stated that the Houthi movement had previously u
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Research: Data Center Demand Projections Drive ~$5.7B Swing in PJM Capacity Auction Revenue
According to CryptoSlate, Monitoring Analytics, the independent market monitor for PJM, has recalculated the capacity auction for the 2028–2029 delivery year: under a scenario where existing data cent
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Qatar condemns Houthi missile and drone attacks on Saudi Arabia
Qatar has condemned the Houthi missile and drone attacks targeting Saudi Arabia. In a statement released by the Qatari Ministry of Foreign Affairs, the attacks launched by the Houthi movement against
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Yemeni Houthi armed forces claim attacks on Saudi Arabia's King Khalid Airport and Aramco oil facilities
Yemen's Houthi movement claimed it has launched attacks on Saudi Arabia's King Khalid International Airport and Saudi Aramco oil storage tanks. Houthi military spokesperson Yahya Sarea stated that the
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Huaxin Cement invests $1.64 billion to acquire a 99.99% stake in Brazil's CSN Cimentos
Huaxin Cement invests $1.64 billion to acquire a 99.99% stake in Brazil's CSN Cimentos
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A Finnish startup is using Bitcoin miners to provide free residential heating, provided that BTC stays above $70,000.
A Finnish startup is providing free residential heating using Bitcoin miners, on the condition that BTC stays above $70,000. According to CoinDesk, the company is using 30 Bitcoin mining systems for c
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Bahrain and Egypt Condemn Houthi Missile and Drone Attacks on Saudi Arabia
Bahrain and Egypt have condemned the Houthi armed attacks using missiles and drones against Saudi Arabia, expressing their firm support for the kingdom's measures to defend its sovereignty and securit
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Russian airstrikes on Ukrainian energy infrastructure have left approximately 850,000 residents without power in Dnipropetrovsk and Kharkiv oblasts.
Russian airstrikes targeting energy infrastructure in the Dnipropetrovsk and Kharkiv regions of Ukraine have left approximately 850,000 residents without power. According to Ukrainian energy company D
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Kuwait condemns Houthi missile attack on Saudi Arabia
The Kuwaiti Ministry of Foreign Affairs issued a statement condemning the missile attacks launched by the Houthi movement in Yemen against Saudi Arabia, calling them a "dangerous escalation" and a dir
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Gabon Seeks $2.0B to Restart Mabounié Rare Earths and Niobium Project, Aims to Bring in UAE and Chinese Firms
Gabon is seeking $2 billion to restart the Mabounié rare earths and niobium project, with plans to bring in companies from the United Arab Emirates and China. The project has long been stalled, and th
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Experts: Saudi-led coalition strikes weaken Houthi launchers, slowing attack tempo
Experts: Saudi-led coalition strikes weaken Houthi launchers, slowing attack tempo
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World Gold Council Report: Q3 Global Total Gold Demand Reaches $188B; Central Bank Net Purchases of 321 Tons Outpace Jewelry Consumption
According to the latest demand report from the World Gold Council, total global gold demand reached $188 billion in the third quarter of 2026, a year-on-year increase of 22%. Among this, net gold purc
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Anthropic Secures $3.4 Billion Natural Gas Power Deal to Bypass Traditional Suppliers for Data Centers
Anthropic Secures $3.4 Billion Natural Gas Power Deal to Bypass Traditional Suppliers for Data Centers
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IRGC Warns of Harder Strikes Against US, Stating "The War Continues"
IRGC Spokesperson Mohebbi stated that the war between Iran and the United States continues on both military and economic fronts, warning that "naturally, in a war, they may strike one of our vessels,
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Yemen's Houthi movement says Saudi-led airstrikes have killed at least 72 people
Yemen's Houthi movement says Saudi-led airstrikes have killed at least 72 people
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EGX Token Analysis: Enegra and EagleX Project Status and Potential Considerations
EGX tokens primarily refer to Enegra (EGX), a tokenized security issued on the Polygon blockchain, representing equity in Enegra Group Ltd., a company specializing in commodity trading. Enegra Group possesses audited net asset value of physical commodity off-take exceeding $33 billion. As a security token, its trading and holding are subject to KYC/AML restrictions. Additionally, there is another token with the same ticker, EagleX (EGX), in the market, but it currently has zero trading volume and extremely low market activity. This article will discuss the current status and characteristics of these two EGX tokens separately.
Commodities
24H Trending
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Current Status of BUSD (Binance USD): Issuance Halted, Orderly Wind-Down Underway
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Verification of DOGEBLUE Coin Purchase Channels and Long-Term Holding Risk Analysis
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USDT Perpetual Contract Auto-Margin Deposition: Mechanism, Trigger Conditions, and Risks
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What is Computing Power? A Comprehensive Analysis from Concept to Market
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Reviewing Bitcoin's Historical Performance Amid Geopolitical Conflicts: From Flash Crash to V-Shaped Recovery—True Safe-Haven Asset or High Volatility?
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Current Status and Long-Term Investment Value Analysis of TajCoin (TAJ)
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What is Cryptocurrency? A Review of the Top 5 Cryptocurrencies by Market Cap in 2026
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1MIL Token Analysis: Project Positioning and High-Risk Attributes
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DNT Issue Price at 0.1 Yuan? Current Status and Risks of district0x
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What is the value of the JavaScript token? Is it worth a long-term investment?
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