Commodities
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Yokohama Rubber targets BYD and other Chinese automakers with new lower-cost tire plant in China
Japanese manufacturer Yokohama Rubber has established a new tire plant in China, utilizing locally made machinery for faster and cheaper production. This move aims to secure a larger role in the suppl
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France Extends Fuel Aid for Sectors Impacted by Mideast Conflict
France’s government extended targeted aid for sectors most hurt by the latest rise in fuel prices due to the Middle East conflict.
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White House: Trump Administration Imposed 25% Tariffs on Upholstered Wooden Furniture to Protect North Carolina Industry
The White House report on President Trump's achievements in North Carolina noted the administration's efforts to protect the state's furniture industry. This included imposing Section 232 tariffs on i
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EIA: U.S. Crude Inventories Fall for Third Straight Week by 640,000 Barrels; Venezuelan Crude Imports Hit Nearly 10-Year High
U.S. commercial crude oil inventories fell for the third consecutive week, decreasing by 640,000 barrels to 423.4 million barrels in the week ending September 11, according to data released by the U.S
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US officials secretly met with Yemen's Houthi rebels, who stated they do not intend to attack US or Israeli vessels but will continue to target Saudi Arabia.
U.S. officials met with representatives of Yemen's Houthi movement in Muscat, the capital of Oman, over the weekend of September 12-13, according to CCTV News citing U.S. sources on September 16. Reut
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U.S. EIA crude oil inventories changed by -640,000 barrels for the week ended September 11, compared to an expected -1.6 million barrels and a prior reading of -391,000 barrels, above expectations.
U.S. EIA crude oil inventories changed by -640,000 barrels for the week ended September 11, compared to an expected -1.6 million barrels and a prior reading of -391,000 barrels, above expectations.
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US diesel prices hit all-time high of $6.31/gallon, up 70% from a year ago, prompting transport companies to warn of economic drag; J.B. Hunt shares plunge 13%
Diesel prices, crucial for powering trucks and trains, reached an unprecedented $6.31 per gallon on Wednesday, a 70% surge from a year ago, attributed by analysts to supply shocks from the US-Iran war
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Continental Resources to develop massive oil patch in Venezuela
The company signed a memorandum of understanding with Venezuela's state oil company on Wednesday to develop a 126,000-acre patch in the Orinoco Belt, estimated to hold 30 billion barrels of reserves.
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Copper nears nickel's price range on AI, EV demand
International copper prices are hovering near record highs, while nickel prices have been soft, raising the possibility of a "previously unimaginable" convergence. This trend is driven by growing dema
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Kremlin Pushes Russia to Maintain Status as Largest Wheat Exporter
The Kremlin is pushing wheat exporters and growers to maintain Russia's geopolitical advantage as the world's largest grain exporter, despite disruptions to Black Sea ports.
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Anchorage Digital Bank expands institutional custody to Etherlink and tokenized uranium (xU3O8)
Anchorage Digital Bank added custody support for Etherlink and several Etherlink-based assets, including xU3O8, a token representing physical uranium.
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Former Trump ally and former Congresswoman Marjorie Taylor Greene called for an end to the war with Iran and criticized Donald Trump.
Former Republican Congresswoman Marjorie Taylor Greene stated that the war with Iran must stop because fuel prices are "too high." She also criticized US President Donald Trump's Iran war policy. Gree
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American Airlines CEO Says Fuel-Cost Surge May Require Q4 Capacity Cuts, Expecting $1 Billion in Extra Costs
American Airlines Group Inc. Chief Executive Officer Robert Isom said the airline may need to cut more capacity in the fourth quarter as the aviation industry continues to contend with high fuel price
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Kinetik (KNTK) Reports Record Q2 Net Income of $123.1M, Raises 2026 EBITDA Guidance by 7% to $1.04B-$1.1B
The Permian-focused midstream operator announced its strongest quarterly results in company history on August 5, with Adjusted EBITDA climbing to $280.8 million. Management also made a final investmen
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The U.S. House of Representatives is expected to pass a comprehensive sanctions bill against Russia on Wednesday, allowing the President to impose tariffs of up to 100% on countries such as China and India that purchase Russian oil and gas.
The bill, introduced by the late Senator Lindsey Graham, aims to punish Russia for its ongoing invasion of Ukraine. The bill would also sanction Russian leaders, officials, and financial institutions,
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Interactive Brokers Economist Torres: WTI Crude Above $120 a Barrel Poses Serious Risk to US Consumer Spending
Interactive Brokers senior economist Jose Torres stated that WTI crude oil prices exceeding $120 a barrel would pose a serious risk to consumer spending in the US. This threshold, which is approximate
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French Manufacturer Vallourec Wins Major Petrobras Sepia 2 Offshore Contract, Shares Rise 6%
French manufacturing giant Vallourec has secured the entire carbon-steel line pipe and external coating scope for Petrobras's Sepia 2 offshore development, covering roughly 130 kilometers of subsea in
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Nippon Steel to invest 900 million euros ($1.04 billion) in new electric arc furnace in Slovakia
Nippon Steel to invest 900 million euros ($1.04 billion) in new electric arc furnace in Slovakia
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Elon Musk reposted a tweet stating that SpaceX's Starlink satellites performed 207,152 active collision avoidance maneuvers in six months.
SpaceX's Starlink satellites have performed 207,152 active collision avoidance maneuvers in the past six months. This advanced autonomous system detects potential close approaches, calculates risk lev
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WTI crude oil is down 4.09% today, currently trading at $101.500.
WTI crude oil is down 4.09% today, currently trading at $101.500.
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Goldman Sachs Partner Bobby Molavi: AI regulatory disputes, oil prices breaking $100, US Treasury yields surpassing 5%, and Federal Reserve rate hike expectations are disrupting markets.
Goldman Sachs partner Bobby Molavi noted in his latest market commentary that while the S&P 500 index shows limited surface volatility, the market is undergoing a dramatic revaluation internally. He b
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Venezuela Plans to Ship Aluminum to US in Mercuria-Heeney Deal, Diversifying Beyond Oil After Years of Isolation
Venezuela is preparing to ship aluminum to the US under a deal with Mercuria Energy Group Ltd. and Heeney Capital, diversifying beyond oil in a quickening revival of commercial ties following years of
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American Battery Technology (ABAT) Posts First-Ever Adjusted Gross Profit of $1.7M, Faces Potential US Export Ban on Key Product Black Mass
The company's fiscal year 2026 revenue jumped over 400% to $21.7 million, marking its first adjusted gross profit. However, the US Department of Commerce issued a directive that could choke off export
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ACME Solar commissions 66.68MW solar and 300MWh battery energy storage system in Rajasthan, India.
ACME Solar has commissioned 66.68 MW of solar power generation capacity and 300 MWh of Battery Energy Storage System (BESS) capacity through its subsidiary in Bikaner, Rajasthan. This commissioning ma
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Al Jazeera Opinion: Nigeria's Dangote Refinery Cuts Fuel Imports Sharply, But Monopoly Concerns Drive Up Prices
Al Jazeera's analysis highlights that Nigeria's Dangote Petroleum Refinery, which recently held its IPO and expanded crude-processing capacity to 700,000 barrels per day, has significantly reduced the
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Saudis Inform Asian Refiners They Can Soon Pick Up Oil From Yanbu Port
Several Asian refiners have been told informally by Saudi Aramco they will soon be able to pick up oil from the Red Sea port of Yanbu, according to traders familiar with the matter.
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Brent crude rose to $102, poised to end a four-day losing streak.
Brent crude oil prices rose to around $102, poised to end a four-day losing streak. The increase is partly attributed to uncertainties surrounding crude oil flows in the Middle East and potential dipl
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G7 Calls on Iran to Stop Arming Yemen's Houthis, Says Attacks on Saudi Arabia Threaten Global Energy Security
G7 foreign ministers stated in a joint communiqué that Iran must "end its arming and support of the Houthis in Yemen" and condemned Houthi attacks on Saudi Arabia "in the strongest terms." The G7 note
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Indonesia's Morowali Nickel Hub to Cut Nickel Pig Iron Output Due to El Niño-Driven Drought
Smelters at Indonesia Morowali Industrial Park, a major nickel-processing hub on the island of Sulawesi, will be forced to reduce production of nickel pig iron, a raw material for stainless steel. Thi
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UK to provide air-to-air refuelling for Saudi jets to counter Houthi attacks, PM Burnham confirms
British Prime Minister Andy Burnham stated on Monday that the Royal Air Force will provide "defensive" air-to-air refuelling for Saudi planes. This agreement, which is time-limited and under review, c
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U.S. diesel prices hit a record $6.51 on Monday, with top Republicans pressuring the Trump administration to ban exports.
U.S. retail diesel prices surged to a record high of $6.51 per gallon on Monday, marking an increase of over 70% since February before the outbreak of the Iran war. Republican lawmakers from agricultu
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China's MLCC Market Diverges: AI Server Demand Booms While Consumer MLCC Prices Fall by Two-Thirds from Peak
According to MLCC distributor Wang Jun, spot prices for consumer-grade MLCCs have fallen by two-thirds from their peak two months ago, while prices for AI server components remain high. This divergenc
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Brent crude oil fell below $100/barrel, hitting an 11-day low, and the US 10-year government bond yield dropped below 5%.
Brent crude futures fell below $100 per barrel on Monday, reaching a new low since September 9, and closed at $100.34 per barrel. Meanwhile, the benchmark US 10-year government bond yield fell below t
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Asian stocks are poised to rise, buoyed by optimism in tech shares; oil prices fall on hopes of diplomatic progress in the Iran conflict.
Asian stocks are poised to rise, buoyed by gains in Wall Street tech shares and hopes for diplomatic progress in the Iran conflict, which led to a drop in oil prices.
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US stocks rose, with the Nasdaq Composite hitting a record high, as oil prices fell and market bets on AI surged.
Oil futures fell on hopes of renewed US-Iran talks, sparking a rally in riskier tech stocks and pushing the Nasdaq to a new all-time high.
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Rand Refinery seeks to legitimize Africa's illicit artisanal gold into its supply chain
The century-old Rand Refinery, historically a key destination for Africa’s commercially mined gold, is now attempting to integrate often-problematic artisanal gold into its supply chain.
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WTI crude oil fell 5.03% intraday, now trading at $91.250.
WTI crude oil fell 5.03% intraday, now trading at $91.250.
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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
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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
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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
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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
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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
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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
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TotalEnergies CEO says too much refining capacity offline ahead of winter
TotalEnergies CEO says too much refining capacity offline ahead of winter
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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
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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
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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
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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
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Commodities
24H Trending
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Novo Nordisk, the Danish pharmaceutical giant, saw its shares fall by 7% despite setting a $23 billion sales target for its weight-loss drug.
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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+
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JPMorgan CEO Dimon to Visit India This Week, Ramping Up Push for Deal Boom
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Morgan Stanley’s Wilson Says US Stocks Risk 7% Drop in Near Term
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Societe Generale Shares Climb 4% After Bank Raises Profitability Target, Citing Cost Cuts, Revenue Growth, and Widened AI Use
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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."
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Korea Zinc's $7.4 billion "Project Crucible" passes key US environmental review, accelerating Tennessee mineral smelter plans.
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Analysts say CATL is likely to maintain its dominance in China's EV battery market despite share price pressure.
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The impact of the Saudi East-West oil pipeline closure on Asian crude oil imports is becoming apparent, with South Korea being the most directly affected.
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Bloomberg Podcast: Los Angeles is becoming a US industrial tech hub, producing high-tech products such as precision metal parts and jet engines.
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