Commodities
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Plug Power Inks Electrolyzer Deal for Denmark Jet Fuel Project
Plug Power Inc., a supplier of hydrogen energy systems, has struck a deal to provide Arcadia eFuels with equipment for a Denmark project that aims to produce sustainable jet fuel.
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The US plans to release up to 40 million barrels of crude oil from its Strategic Petroleum Reserve.
The US plans to release up to 40 million barrels of crude oil from its Strategic Petroleum Reserve.
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The EU Oil Coordination Group met on Tuesday and confirmed that supplies remain stable despite high prices for diesel and jet fuel.
The EU Oil Coordination Group met on Tuesday and confirmed that despite high prices for diesel and jet fuel, supplies remain stable. The EU stated that refineries in the region are operating near maxi
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Wells Fargo Raises 2027 Oil Targets, Citing Supply Risks and Need to Rebuild Inventories
Wells Fargo raised its 2027 WTI oil target to $75-$85 and Brent to $80-$90 per barrel. The firm cited persistent supply risks and the need to rebuild depleted inventories, expecting oil prices to ease
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Trump: Oil Prices Will Tumble Down
Trump: Oil Prices Will Tumble Down
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Trump Administration Pushed Mineral Strategy to Reduce Reliance on China; US Investment Firm Cove Capital Shifts Focus to Central Asia
The Trump administration's push for a mineral strategy to reduce reliance on China has led U.S. investment firm Cove Capital to shift its focus to Central Asia. The investment firm is now looking at o
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U.S. gasoline prices fell 1.3 cents to $4.465/gallon, diesel dropped 14.7 cents to $6.382/gallon over past week
U.S. regular gasoline prices fell 1.3 cents over the week to $4.465/gallon, though prices remain $1.347 higher than a year ago. Diesel saw a much larger decline, falling 14.7 cents to $6.382/gallon, b
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Oman's Duqm port plans to double its onshore crude oil storage capacity to 10 million barrels within three years and is evaluating the acquisition of very large crude carriers (VLCCs) to create an alternative hub to the Strait of Hormuz.
Oman's state energy company, OQ SAOC, is evaluating the acquisition of two supertankers for floating storage at Duqm Port, which would add a combined 4 million barrels of storage capacity, CEO Ashraf
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Yemeni government accuses Houthis of using Iranian-modified cruise missiles, experts say it could change the Red Sea conflict.
Yemen's internationally recognized, Saudi-backed government accuses the Tehran-backed Houthi rebels of converting Iranian air defense weapons into cruise missiles with the assistance of Iran's Islamic
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Russia’s Oil Export Windfall Eroded by Ban on Diesel Shipments
Russia's oil export windfall has been undermined by diesel export curbs, which offset the impact of rising crude shipments and soaring prices.
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Wells Fargo Investment Institute Cuts Gold's 2027 Year-End Target Range to $5,200-$5,400 Per Ounce From Prior Forecast of $5,400-$5,600 Per Ounce
Wells Fargo Investment Institute Cuts Gold's 2027 Year-End Target Range to $5,200-$5,400 Per Ounce From Prior Forecast of $5,400-$5,600 Per Ounce
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The average price of diesel in the UK is expected to reach £2 per liter within days.
The average price of diesel in the UK is expected to reach £2 per liter within days.
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Oman Plans to More Than Double Oil Storage Capacity at Duqm
Oman Plans to More Than Double Oil Storage Capacity at Duqm
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IEA's Birol: Europe is going to enter a very difficult winter
IEA's Birol: Europe is going to enter a very difficult winter
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Oil prices are under pressure amid geopolitical uncertainty, with Brent crude briefly touching $100.28 per barrel during the day before pulling back.
Brent crude oil briefly touched $100.28 per barrel intraday, but oil prices subsequently retreated as the outlook for US-Iran diplomacy remained unclear. It is currently hovering near the lower end of
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Middle East Geopolitical Risks Escalate: Houthi militants attack Saudi oil facilities, commercial vessel explosion occurs in the Strait of Hormuz.
Houthi forces reportedly launched a large-scale ballistic missile and drone attack on oil facilities in the Saudi port of Al-Mu'ajiz on the Red Sea coast. Satellite images show multiple large oil stor
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U.S. Crude Prices Fall as Rising Hormuz Exports Ease Supply Concerns; Houston Down $6.01 to $98.46, Midland Down $4.68 to $97.35
Regional U.S. crude prices weakened as rising exports through the Strait of Hormuz eased concerns over global supply tightness. WTI remained rangebound in the mid-$90s/bbl. Houston averaged $98.46, do
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US-Iran war adds €100bn to EU’s fuel bill
The warning comes as the bloc’s energy ministers meet in Dublin.
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India's cash gold market is booming due to high gold prices and high taxes.
Due to high gold prices and high taxes, India's cash gold market is booming, prompting more Indian buyers to turn to under-the-counter cash transactions where gold bars and jewelry change hands withou
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Texas Allows Wider Use of Dyed Diesel for Farmers and Truckers Amid Fuel Crunch
Governor Greg Abbott issued a disaster proclamation on Monday, enabling the use of tax-exempt dyed diesel on Texas roads, which is typically restricted to off-road vehicles. The measure also permits h
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Mitsubishi, Shell to double LNG Canada capacity in boost to Asian supplies
Japanese trading house Mitsubishi Corp. and partners including Shell will double the production capacity of a major Canadian liquefied natural gas (LNG) project. This move aims to strengthen energy su
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Citi warns: Middle East and Russian diesel exports are both contracting, with a projected global diesel deficit of approximately 1 million barrels per day this year.
Citigroup noted in a report published on September 28 that the synchronized contraction of diesel exports from the Middle East and Russia, coupled with refinery production cuts, is expected to result
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Thousands of drivers in the Philippines strike over rising fuel prices, blaming US-Israel war on Iran
Thousands of drivers of public transport vehicles in the Philippines began a two-day strike on Tuesday to protest soaring fuel prices, which transport workers' union Piston blames on the US-Israel war
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Brent Crude Rises Over 1% Amid Easing Hormuz Grip, While Treasury Yields Ease and US Stocks Open Muted
Brent crude futures are up more than 1% as Iran's grip on the Strait of Hormuz loosens, leading to rebounding oil exports from the region, which should help ease a supply crunch. However, this also ra
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Yemeni Government Forces Claim Repulsion of Large-Scale Houthi Offensive in Taiz
The Yemeni government forces stated that they repelled a large-scale offensive by the Houthis on the al-Aqrud front in Taiz Governorate. The Houthis have not yet responded to the development.
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Five French trade unions have launched a joint strike to protest, demanding wage increases and the protection of public services.
According to the BBC, five French trade unions have jointly participated in nationwide strikes and protests to demand higher wages to cope with the rising cost of living and to protect public services
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Iranian Navy says oiler in Strait of Hormuz hit mine and caught fire, Tehran reiterates strait closed to illegal vessels
The Iranian Navy reported that an oil tanker caught fire after striking a mine in the Strait of Hormuz, forcing it to abort its voyage. Citing a statement, the semi-official Iranian Tasnim News Agency
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Saudi-led coalition intercepts ballistic missile fired by Houthi forces toward Medina
Colonel Turki Al-Maliki, spokesperson for the Saudi-led coalition, stated that coalition air defense forces successfully intercepted and destroyed a ballistic missile launched by the Houthi militia to
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Saudi Civil Defense briefly issues hazard alert for Red Sea oil export hub Yanbu before lifting it
The Saudi Civil Defense briefly issued a hazard alert for Yanbu, a major coastal city in the Medina Province along the Red Sea coast, and subsequently announced that the danger had passed. Yanbu is a
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Russia and Ukraine launched a new wave of nighttime reciprocal drone attacks. Russia stated it struck a Ukrainian postal logistics hub and cargo ships, while Ukrainian drones attacked an industrial zone in Russia's Ryazan Oblast, triggering a fire at an oil refinery.
Russia and Ukraine launched a new wave of nighttime drone attacks against each other, resulting in damage to infrastructure and casualties on both sides. The Russian Ministry of Defence stated that it
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International crude oil prices plummet, with Brent crude falling below $95 to mark its largest weekly drop since the pandemic
International crude oil prices plummeted, with Brent crude breaking below $95 to record its largest weekly drop since the pandemic. Driven by easing concerns over Middle East conflict following the De
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UK Maritime Trade Operations: Oil tanker attacked by two unknown projectiles off the northern coast of Qatar
The United Kingdom Maritime Trade Operations (UKMTO) reported that an oil tanker was struck by two unidentified projectiles 50 nautical miles north of Madinat ash Shamal, Qatar. The condition of the c
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Emirates Half-Year Profit Plunges 66%, Dragged Down by Iran War and High Oil Prices
Emirates Half-Year Profit Plunges 66%, Dragged Down by Iran War and High Oil Prices
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Ørsted completes offshore wind farm construction off US Northeast coast, previously hindered by Trump administration
Ørsted completes offshore wind farm construction off US Northeast coast, previously hindered by Trump administration
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ArcelorMittal third-quarter profit beats expectations, boosted by stricter EU steel curbs
ArcelorMittal third-quarter profit beats expectations, boosted by stricter EU steel curbs
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LG Energy Solution and Samsung SDI Saw Their Combined North American Energy Storage Market Share Rise to 20.9% in the First Three Quarters
In the first three quarters, South Korean battery manufacturers LG Energy Solution and Samsung SDI saw their combined North American energy storage market share rise to 20.9%, according to data from m
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Posco and Korea University Develop New Manufacturing Method to Reduce Voltage Decay in Lithium Battery Cathodes
Posco Holdings has developed a new manufacturing method with Korea University to reduce voltage decay in lithium battery cathodes. The research was jointly conducted by a team led by Professor Park Hy
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Russia deepened Iran support with missile launcher deal despite Ukraine war strains
Russia deepened Iran support with missile launcher deal despite Ukraine war strains
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Wheat prices rose, driven by weaker Russian export prospects and the situation in the Black Sea.
Wheat prices rose, driven by weaker Russian export prospects and the situation in the Black Sea.
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The Islamic Revolutionary Guard Corps (IRGC) stated that two oil tankers and a tugboat caught fire in the Strait of Hormuz, and that two U.S. military drones were seized.
The Islamic Revolutionary Guard Corps (IRGC) stated that two oil tankers and a tugboat caught fire while attempting to pass through "unauthorized routes" in the Strait of Hormuz. One large oil tanker
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International oil prices fell for the fourth consecutive day as the outcome of the US midterm elections eased concerns over war.
International oil prices fell for the fourth consecutive day as the U.S. midterm election results eased concerns over war. Brent crude futures dropped 97 cents (or 1.03%) to $93.65 a barrel, while WTI
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China's spot copper supply continues to tighten, with spot premiums surging and buyers scrambling for physical copper
China's spot copper supply continues to tighten, with spot premiums surging and buyers scrambling for physical copper
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Saudi and Syrian defense authorities sign cooperation agreement in Riyadh
The defense departments of Saudi Arabia and Syria signed a cooperation agreement in Riyadh; prior to this, Saudi Crown Prince Mohammed bin Salman met with Syrian President Ahmed al-Sharaa in Riyadh on
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China's export controls on critical metals have tightened the supply of tungsten drill bits, rippling through the AI chip supply chain.
China's export controls on critical metals have tightened the supply of tungsten drill bits, rippling through the AI chip supply chain.
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The U.S. Department of State announced sanctions against two individuals and one entity assisting Iran in acquiring air defense systems.
The U.S. Department of State has announced sanctions against two individuals and one entity for assisting Iran in acquiring man-portable air-defense systems (MANPADS). The targets include Mohammed Ali
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Hanwha Aerospace breaks ground on Chunmoo rocket plant in Poland
Hanwha Aerospace breaks ground on Chunmoo rocket plant in Poland
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Driven by the El Niño phenomenon, benchmark Asian rice prices have risen to a near two-year high.
Driven by the El Niño phenomenon, benchmark Asian rice prices have risen to a near two-year high.
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Lookonchain monitoring: Whale begins cutting $147 million in crude oil long positions, recording a total loss of $15.3 million
Lookonchain monitoring: A whale has begun cutting $147 million in crude oil long positions, realizing a total loss of $15.3 million. The whale closed 587,250 CL longs (worth approximately $51.87 milli
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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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ETH (Ethereum) surged 5.31% in 1 hour, currently trading at $2,439.61
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What Elements Are Included in Tokenomics? How to Use It to Identify Valuable Digital Currencies
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Cosmos (ATOM) Outlook Analysis: Tokenomics Restructuring and Cross-Chain Upgrades
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How to buy and sell HERO? First distinguish the project, then check the listing channels
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CVS Health plans to split into two independent publicly traded companies by early 2028, reversing its $78 billion acquisition of Aetna.
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Where to Find Reliable USDT Trading Software: Top Exchange References and Selection Criteria
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Why 1WO Price Predictions Are Unreliable: Current Status and Liquidity Analysis of 1World Online
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Current Status and Future Outlook of IMX in Blockchain Gaming
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JUR Trading and Exchange Listing Instructions: Current channels need verification
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International Policy Analyst: US Midterm Election Results Indicate War with Iran Has Become a Political Liability
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