Commodities
Criterium Energy signs gas facility sharing deal with Jindi for Indonesia project
Agreement covers upgraded 2004-era facilities with 30 mmcf/d capacity, targeting first gas in Q3 2026
Explosions Near Riyadh Airport Escalate Middle East Conflict
Explosions were reported near Riyadh airport as supply disruptions affect Saudi crude exports and broader energy supplies.
Brent crude oil prices surge past $100 per barrel amid ongoing Middle East conflict and Iran war disruptions
Brent crude oil prices have risen above $100 per barrel, driven by Middle East conflict and Iran war disruptions.
UK Trade Commissioner Highlights Swiss Energy Storage Project Amid Expansion Plans
The UK’s Trade Commissioner for Europe visited a vanadium flow battery project in Switzerland, highlighting its role in advancing energy storage and AI infrastructure collaboration.
Brent Holds Above $100 as Oil Swings on Conflicting Middle East Supply Signals
Brent crude oscillates between Middle East escalation and easing Saudi supply risks, with trading economics reporting a dip to $103 as WSJ highlights persistent Gulf supply fears.
US crude oil production hits June record at 13.79 mbl/d as demand rises
Energy Information Administration data shows production and demand both climbed in June, though records remain from earlier in the decade.
Gold prices trade muted ahead of Federal Reserve rate decision
Gold prices were largely unchanged as investors looked ahead to the Federal Reserve's upcoming rate decision.
Griffin Mining Posts Record First-Half Profit on Caijiaying Mine Growth
Revenue and operating profit surged 21% and 225% year-over-year, driven by higher metal prices and operational efficiency at China’s Caijiaying mine.
Google’s €15.1B AI Data-Center Push in Finland Raises Europe’s Infrastructure Race
Google’s largest single investment in Europe—€13.1bn ($15.1bn)—will fund AI infrastructure, energy projects, and a 22-year power deal with Fortum, positioning Finland as a European hub for data centers amid global AI expansion.
Houthis Advance Toward Key Red Sea Island, Threatening Global Oil Chokepoint
Iran-backed militants reportedly moved onto Yemen's Perim Island after seizing the port of Mokha, intensifying risk to the Bab el-Mandeb Strait and pushing oil prices higher.
Oil drops for third session as Saudi restores East-West pipeline; gold, USD rise on BoJ hike
Oil fell for a third straight day on Saudi pipeline restoration plans, while gold climbed near $4,415 and the dollar held above 100 following the Bank of Japan's sixth rate hike to 1.25%.
Oil Near $100 Tests Private Credit Borrowers Stressed by High Debt Costs
Leveraged private credit borrowers face mounting pressure as oil approaches $100 amid concerns that inflation could once again push interest rates higher.
Data center insurance gap may spur first dedicated catastrophe bond deals in 2027
The rapid expansion of hyperscale data centers—valued at tens of billions of dollars—is exposing insurers to concentrated risks from natural disasters, prompting a push for capital-market solutions like catastrophe bonds.
Satellite images reveal damage to Saudi Arabia's East-West oil pipeline
Saudi Arabia temporarily closed the East-West pipeline, a key crude oil export route, following drone attacks. Oil prices have rallied amid growing supply concerns in the Middle East.
Saudi Pipeline Closure Threatens 4M Barrels/Day of Oil Supply
Saudi Arabia’s East-West pipeline shutdown risks disrupting 4 million barrels per day of crude exports, raising oil prices amid regional tensions and dwindling global inventories.
Brent crude futures surge past $100 a barrel amid escalating US-Iran conflict and supply fears
Brent crude futures moved above $100 a barrel amid heightened US‑Iran tensions and supply concerns.
European Diesel Margins Hold Near Records Despite Surprising U.S. Inventory Build
Low-sulphur gasoil trades $76.39 above Brent as European diesel margins stay near record highs, even as U.S. distillate stocks unexpectedly rose.
TotalEnergies Finds Oil in Angola's Block 17, Production Set for September
The Acacia-5 well adds 6,000 barrels per day expected from existing FPSO capacity in the Lower Congo Basin.
Ignitis Secures 2027–2036 LNG Deal with EQT Subsidiary for Lithuanian Residential Supply
Lithuanian energy firm Ignitis has signed a long-term liquefied natural gas (LNG) supply agreement with a U.S.-based EQT subsidiary, securing 10 cargoes annually through 2036 to bolster local gas supplies.
Ant International, Visa, Mastercard Collaborate on AI Payments Standard
Ant International, Visa, and Mastercard are developing a unified framework to ensure secure transactions via AI-driven payment agents, addressing concerns over fraud and interoperability.
Kalshi Launches Perpetual Futures on Gold and Silver After CFTC Approval
The regulated prediction-market exchange added precious-metal perps Thursday, marking its first non-crypto contract approved by the CFTC.
Baker Hughes CEO: LNG supply growth on track, no glut despite AI power demand
Baker Hughes' chief executive said LNG supply growth remains on schedule and he does not anticipate a glut even as AI-driven power demand rises.
Monument Bank’s Retail Tokenization Push Challenges Wall Street’s Institutional Focus
A U.K. challenger bank aims to tokenize £250 million in retail deposits, offering interest-bearing accounts via a blockchain-based platform without crypto exposure.
United Oil & Gas commissions drilling feasibility study for Jamaica’s Walton-Morant licence
The AIM-listed firm engages NRG Well Management to evaluate offshore drilling logistics, costs and timelines ahead of potential development of the Walton-Morant licence in Jamaica’s Gulf of Mexico.