Southern Energy spuds Cotton Valley test well in Mississippi

Exploratory drilling begins in Mississippi’s Cotton Valley formation as Southern Energy seeks to assess hydrocarbon potential in the region.

Brent crude nears $90 as Iran talks stall; TUI hit by fuel costs

Oil prices rise on Middle East supply risks amid stalled U.S.-Iran negotiations, while TUI warns of profit pressure from elevated fuel expenses.

Silver futures steady near weekly average on cycle, PMI signals

Technical outlook and purchasing managers' data suggest silver prices may rise, though futures remain range-bound near recent averages.

Chinese aluminum equities rise after Norsk Hydro cuts Brazil output

Norsk Hydro's reduction in alumina production in Brazil tightens global supply, lifting shares of Chinese aluminum firms amid tight market conditions.

MMG posts record H1 2026 earnings, slashes debt by 82%

Mining firm MMG reported record first-half earnings for 2026, driven by higher commodity prices and cost discipline, while reducing net debt by 82% through asset sales and debt restructuring.

Jameson delays Greenland drilling program to 2027

Logistical delays add three years to exploration timeline for Jameson Resources' zinc-lead project in Greenland.

Hormuz shipping traffic hits one-week low as tensions rise

Vessel transits through Strait of Hormuz decline amid escalating regional hostilities, shipping data shows.

Ukraine Halts Strikes on Tankers Using Russian Port at US Request, FT Reports

Gold steadies as investors reassess rate outlook

Precious metal consolidates near $2,300 after recent gains as traders weigh Federal Reserve policy path and U.S. economic data.

Diesel supply tightens as refining constraints heighten risk

Global diesel inventories fall amid refining bottlenecks and seasonal demand, raising concerns over price volatility and supply security.

Gold maintains upward trend despite rising real yields

Traders cite resilient technical support as real rates climb, keeping the yellow metal's bullish structure intact.

Gold faces pressure as geopolitical risks stoke energy-driven inflation

Renewed tensions may fuel energy costs, raising inflation expectations and prompting a sell-off in the yellow metal amid broader market uncertainty.

India’s silver imports plunge as currency defense curbs demand

Imports of silver into India fell sharply in recent months as the central bank’s measures to stabilize the rupee tightened liquidity and raised costs for importers.

Oil prices rise on prolonged Hormuz Strait tensions

Escalating geopolitical risks in the Strait of Hormuz drive crude benchmarks higher as supply disruption fears mount.

Gold prices surge on safe-haven demand, long-awaited rally

Gold extends gains as investors seek shelter amid economic uncertainty and geopolitical tensions. The precious metal rises above key technical levels.

Gold nears $4,400 as Middle East tensions, CPI data loom

Safe-haven demand lifts gold prices toward record highs amid geopolitical risks and anticipation of U.S. inflation data that may shape Fed policy.

Oil, gold rise on geopolitical risks ahead of U.S. CPI

Prices climb as Middle East tensions and Ukraine conflict escalate; investors await U.S. consumer inflation data for policy clues.

UK allocates £65 million to support farmers amid drought

Government announces emergency funding to mitigate water shortages and crop losses as dry conditions persist across England.

Oil markets grapple with demand uncertainty amid mixed signals

Traders weigh conflicting economic data and geopolitical risks as Brent crude hovers near $85 per barrel.

U.S. crude oil inventories rise while fuel stocks fall

Weekly data shows unexpected increase in crude stocks, offset by declines in gasoline and distillate inventories amid mixed demand signals.

ICE canola futures fall as soyoil prices retreat

Canola contracts slip as weaker soyoil markets weigh on agricultural derivatives in London.

Novagold appoints advisors for Donlin Gold financing

The move comes as the miner seeks to secure funding for the Alaska-based project, a key milestone in advancing development.

Itaú to pilot tokenized securities in Brazil’s ANBIMA initiative

Lender joins industry-wide program to test tokenization of fixed-income securities and investment funds under ANBIMA oversight.

Soybean futures fall ahead of USDA supply report

Chicago Board of Trade soybeans slipped 0.4% as traders awaited U.S. Department of Agriculture data on global supply-demand balance.