David reports on energy, metals and agricultural markets, tracking how supply signals and safe-haven demand move prices across the commodities complex.
Articles de David Chen
Dax perd 0,66 %, malgré la hausse des prix du pétrole, les tensions régionales restent un risque
L'indice principal allemand Dax a clôturé en baisse de 0,66 % et reste sous pression en raison des tendances des prix du pétrole ainsi que des incertitudes géopolitiques au Moyen-Orient et entre les États-Unis et la Chine.
L'IEA : la guerre en Iran bouleverse totalement les perspectives du marché pétrolier mondial ; des sénateurs pressent la libération de pétrole
L'Agence internationale de l'énergie a réduit ses prévisions de croissance de la demande pour 2026 à une diminution de 80 000 barils par jour, invoquant la fermeture du détroit d'Hormuz et la hausse des prix. De manière distincte, des sénateurs américains ont exhorté Trump à libérer du mazout de chauffage d'urgence de la réserve stratégique.
Les actions américaines se refroidissent après la hausse du prix du pétrole
Le Dow Jones, le S&P 500 et le Nasdaq sont sous pression, malgré une forte envolée, alors que les tensions géopolitiques et les résultats de trimestre décevants prévalent dans le climat.
La hausse du marché du or tokenisé de Streamex accélère dans un contexte d'intérêt des institutions
Streamex souligne sa valorisation de 150 millions de dollars, son revenu record au deuxième trimestre 2024 et ses plans visant à atteindre 100 millions de dollars en AUM d'ici la fin de l'année grâce à l'or tokenisé et aux lancements imminents de nouveaux tokens de matières premières.
Payward se développe au-delà du crypto avec des acquisitions de plus de 1 milliard de dollars afin de construire une infrastructure financière
La société mère de Kraken, Payward, intègre les services de trading, bancaires, de gestion d'actifs et institutionnels dans une plate-forme unifiée, en accordant la priorité au développement interne, aux acquisitions stratégiques et aux partenariats avec les institutions financières traditionnelles.
TotalEnergies, AMNI Greenlight Ima Gas Field off-shore au Nigeria pour une mise en service en 2028
TotalEnergies et son partenaire nigérian AMNI ont approuvé la décision finale d'investissement pour le champ de gaz Ima, visant 350 MMcfj pour accélérer l'extension de la ligne 7 de Nigeria LNG à 30 Mt/j.
Gold Prices Stabilize Amid Oil Price Surge and Strong U.S. Economic Data
Spot gold fell by 0.3% to $4,275.09 an ounce, while gold futures declined by 0.2% to $4,310.60 an ounce. The Federal Reserve's rate hike bets have increased following strong U.S. economic data.
Le pétrole réagit à la tension en Iran ; les titres asiatiques liés au secteur de l'énergie progressent alors que le Brent grimpe de 3,9 %
Le brut Brent a augmenté de 3,9 % à 103,08 $ après que le président de l'Iran ait manifesté son intransigeance dans le contexte des menaces des États-Unis, tandis que les actions asiatiques dans le secteur de l'énergie ont entraîné les gains, le risque géopolitique augmentant les prix des matières premières.
Un super El Niño pourrait réduire les importations de GNL en Asie de moins de 1 BCFD, estime Bernstein
Un super El Niño prévu pour 2026-2027 pourrait réduire la demande d'LNG asiatique de moins d'1 milliard de pieds cubes par jour, selon les analystes de Bernstein, avec des facteurs structurels qui seront probablement les principaux facteurs de prix.
Les prix du pétrole restent proches de 100 $/barrel, les risques diplomatiques entre les États-Unis et l'Iran et d'une baisse de l'offre saoudienne pèse sur le marché
Les prix du pétrole ont fluctué autour de la barre des 100 dollars le baril, influencés par les développements diplomatiques entre les États-Unis et l'Iran ainsi que par les inquiétudes concernant l'offre saoudienne. Divers accords relatifs au secteur de l'énergie et mesures entreprises ont également façonné le marché.
L'Ukraine frappe une raffinerie russe de pétrole alors que la campagne de drones s'intensifie
L'Ukraine affirme avoir touché la raffinerie d'Iltsky à Krasnodar, tuant trois personnes, alors que Moscou affirme avoir abattu des centaines de drones durant la nuit, dans le contexte d'attaques croissantes sur l'infrastructure énergétique russe.
Le bitcoin chute en dessous des 83 000 $ alors que les spécialistes attendent quatre hausses des taux de la Fed d'ici juin 2027
Les taux croissants du Trésor américain et la forte valeur du dollar pèsent sur le crypto-monnaie et l'or dans un contexte d'attentes de renforcement de la politique monétaire sur une période prolongée.
Le ravitaillement transfrontalier reste pertinent pour certains conducteurs suisses
Les taxes sur le carburant en Allemagne et en Autriche diminueront le mois prochain, ce qui creera un écart de prix avec la Suisse – mais seuls les conducteurs qui résident dans les régions frontalières économiseront assez pour justifier le voyage.
Le pétrole se renforce légèrement puisque les espoirs d'une trêve entre les Etats-Unis et l'Iran contrebalancent les inquiétudes liées à l'offre de la part de l'Arabie saoudite
Les prix du brut ont reculé après des informations selon lesquelles les États-Unis et l'Iran entameraient des négociations visant à rouvrir le détroit d'Ormuz, alors que les rendements des emprunts du Trésor américain ont monté au-dessus de 5% et que les marchés boursiers ont enregistré des gains modérés.
Clean Energy Fuels vend 30,7 millions de dollars de crédits fiscaux fédéraux provenant de projets de RNG
La société tire avantage des crédits de la section 45Z et des CIT de sept installations situées aux États-Unis, dont l'usine de Dimmit, au Texas.
Les prix du pétrole brut de Brent augmentent encore dans un contexte de tensions géopolitiques
Les prix du pétrole brut Brent ont grimpé de plus de 2 % pour atteindre 105,41 dollars le baril, stimulés par les tensions géopolitiques entre les États-Unis et l'Iran au sujet des routes maritimes dans le golfe.
Origen Resources obtient une participation de 70 % dans le projet REE au Brésil, grâce à une émission d’actions de 200 M $
Origen Resources Inc. achètera une participation de 70 % dans le projet d'éléments de terre rares Campo de Cima au Brésil, en versant 200 000 $ en paiements initiaux et 1,5 M $ en coûts d'exploration sur deux ans.
Le Brent se maintient près de 100 USD, le WTI se négocie à environ 12 USD de marge
Le pétrole brut Brent évoluait proche de 100,22 dollars le baril, tandis que le WTI se situait à environ 12 dollars de moins, ce qui reflète une marge transatlantique notablement large.
La CFTC poursuit Cash FX et trois de ses dirigeants pour un schéma de forex lié aux cryptomonnaies d'une valeur de 950 millions de dollars
La Commodity Futures Trading Commission a intenté une action en justice alléguant que Cash FX Group et trois individus menaient un système de vente par réseau pyramidale qui a détourné plus de 950 millions de dollars de fonds d'investisseurs liés aux transactions sur le marché des changes et aux revendications cryptographiques.
Les prix du carburant en Allemagne atteignent un record Alors que les recettes de l'État augmentent
Les prix du Super E10 ont fluctué autour de 2,286 euros le litre en Allemagne, provoqués par les coûts réglementaires et les débats sur les taxes liées à la surproduction.
Tungsten Prices Jump Sixfold as Global Supply Shortages Intensify
China’s export restrictions and dwindling domestic reserves have triggered a surge in tungsten prices, with demand surging for carbide tools and electronics components.
Gold slips below $4,300 as Wall Street and retail sentiment diverge
Spot gold fell to $4,284.97, a 2.17% weekly decline, while a Kitco survey shows a bullish tilt among Wall Street analysts but a stronger bullish bias among retail traders.
Oil Prices Drop 1% on Truce Hopes, Offset by Gulf Supply Concerns
Brent settles at $105.46, WTI at $93.56 as U.S.-Iran diplomatic progress counters elevated risk premiums from Strait of Hormuz shipping flows.
Oil Prices Ease as U.S.-Iran Truce Hopes Offset Saudi Supply Risks
Brent and WTI crude slipped about 1% on Friday as traders balanced diplomacy talks against fresh Houthi attacks on Saudi infrastructure.
EU warns of energy price crisis risk, urges demand curbs amid Iran conflict
Brussels asks member states to consider trimming energy use as Brent crude stays above $107 a barrel and the Strait of Hormuz remains closed following U.S.-Israeli strikes on Iran.
Gold heads for weekly loss on dollar strength, Fed rate outlook
Spot gold fell 2% for the week to around $4,288 as a stronger dollar and hawkish Federal Reserve commentary weighed on prices.
Tether’s exposure to seized EQIBank reported at ~$64M
Stablecoin issuer Tether disclosed minimal financial risk from a $89M U.S. asset seizure involving EQIBank, a Dominica-licensed lender linked to Wells Fargo and JPMorgan Chase.
Hamak Strategy Announces 210,430oz Gold Resource at Ghana Project
The company reports a significant oxide gold resource at Akoko, Ghana, and updates on capital raising and debt restructuring efforts.
Bond volatility spikes as Bitcoin and equities remain resilient
U.S. Treasury volatility surges to March highs amid energy price pressures, while Bitcoin and Wall Street indices show subdued volatility.
European gas prices drop sharply amid profit-taking
European and British wholesale natural gas futures fell by 3.2% each on Friday, with both benchmarks on track for an 8% weekly loss, their steepest decline since mid-June.
European equities rebound on oil price drop, UBS speculation drives gains
Oil price declines eased inflation fears and supported European markets as the Euro Stoxx 50 rose and the FTSE 100 and SMI gained, though oil sector losses and downgrades to EssilorLuxottica weighed.
Treasury yields hit 2007 highs amid bond selloff, oil gains
U.S. bond markets and equities showed mixed movement Friday as Treasury yields rose to post-2007 peaks, oil prices climbed, and Costco reported stronger-than-expected earnings.
Rhein bei Kaub erreicht Rekordtief von zwei Zentimetern
Extrem niedriges Wasserstandsniveau unterbricht Schifffahrt und belastet deutsche Lieferketten und Industrieproduktion
WhiteHawk Completes $111.8M Natural Gas Asset Acquisitions
WhiteHawk Minerals Corp. has closed on a series of natural gas asset acquisitions totaling $111.8 million, including a $105 million purchase of Marcellus, Utica, and Haynesville Shale assets.
Global bond sell-off continues amid rising interest rate concerns
Eurozone and US bond yields hit record highs, raising concerns about asset risks and inflation. Rising oil prices and government spending further fuel inflation fears.
Dax erholt sich bei Ölpreis-Rückgang, aber SDax bleibt schwach
Frankfurter Börse zeigt leichte Erholung nach Ölpreis-Stabilisierung, während Einzelwerte wie Hellofresh unter Druck bleiben.
FTSE 100 climbs as U.S.-Iran talks offset Strait of Hormuz tensions
Global equities advanced on Friday, with the FTSE 100 gaining 0.50% amid hopes of progress in U.S.-Iran ceasefire talks, countering concerns over reduced shipping through the Strait of Hormuz.
HSBC Raises Oil Stock Ratings, Boosts BP and TotalEnergies to Buy
Analysts at HSBC upgraded BP and TotalEnergies to Buy, citing higher oil prices and improved earnings expectations, while retaining Shell and Chevron as Buy and downgrading OMV to Reduce.
Switzerland ranks 9th in WEF's Travel & Tourism Development Index
The index evaluates the conditions for sustainable and resilient tourism development, not tourism popularity. Japan leads the ranking, followed by the USA and Spain.
Dom Pérignon launches its most limited 2017 vintage
LVMH’s Dom Pérignon releases the 2017 vintage, its most restricted edition, with an early harvest and a Chardonnay‑dominant blend.
Popular US Treasury ETF Hits Record Low on Bond Selloff
BlackRock's iShares 20+ Year Treasury Bond ETF fell 1.6% to $80.46, erasing more than half its value since 2020 as Fed rate expectations weigh on long-duration bonds.
Gold edges lower, set for weekly loss as oil fuels Fed hike bets
Gold posted a weekly decline exceeding 2% as rising oil prices and Treasury yields intensified expectations of additional Federal Reserve rate increases.
Oil prices dip after sharp gains as US‑Iran Hormuz talks progress
Brent fell 0.6% to $105.94 and WTI slipped 0.8% to $93.86 after a prior 5% rally, while US‑Iran negotiations and limited Hormuz traffic pressured markets.
Hot Chili Raises La Verde Outlook at Copper Summit
Copper developer adds 50% to bulk tonnage at Costa Fuego; targets 150,000t/y output with mine life extending to 30 years.
Estithmar Holding Approves QAR 528M Sukuk Exchange Offer
Qatari issuer secures 86.7% approval for exchange of 8.75% sukuk due 2027 into new QAR 3.4bn tranches due 2029
Brent Crude Surges Above $115 on Middle East Attacks, Settles at One-Week High
Oil climbed after Houthi missiles targeted Saudi Arabia and Iranian strikes hit energy infrastructure across the Gulf, while U.S.-Iran talks explored a path to reopen the Strait of Hormuz.
Qivalis eyes EMI license to accelerate euro stablecoin trade finance push
European stablecoin issuer Qivalis aims to launch a regulated euro-pegged token by year-end, leveraging 37 bank partnerships to transform cross-border trade finance with blockchain-based payments.
Gold Prices Slip as Markets Anticipate Prolonged Fed Tightening
Spot gold eased 0.1‑0.3% to near $4,280 per ounce on Thursday as investors priced in higher‑for‑longer Federal Reserve policy, while oil rose and other precious metals showed mixed moves.
G3 Goldfields Eyes Guyana’s Gold Potential Amid Infrastructure Push
G3 Goldfields CEO Dan Noone highlights Guyana’s emerging gold sector, citing recent discoveries and infrastructure investments to support exploration and production.
Crude oil climbs 2% to ₹8,825 as Middle East supply hopes rise
Oil settled up 2.11% at ₹8,825, buoyed by Saudi plans to restart its East‑West pipeline and US‑Iran diplomatic talks, even as US inventories rose and OPEC trimmed demand forecasts.
Cerrado Gold Highlights Production Pipeline at Emerging Growth Conference
The gold producer pointed to cash flow above CAD 100 million at Don Nicolás, a CAD 15 million funding round, and development timelines for assets in Portugal and Quebec.
Dax verliert 0,57% trotz Ifo-Index-Rückgang, Ölpreise dominieren
Ölpreisanstieg und geopolitische Spannungen belasten den deutschen Leitindex, während das Ifo-Geschäftsklima überraschend stark verbessert wurde.
European Gas Rebounds From Near Three-Week Lows as U.S.-Iran Talks Stall
Dutch TTF and UK NBP gas futures each rose 1.6%, pulling back from nearly three-week lows after Middle East peace discussions between the U.S. and Iran hit an impasse.
Dax dips as oil above $100 spooks European stocks
European equities opened lower on Thursday as Brent crude held above $100, weighed by renewed Middle East tensions and softening US tech sentiment.
Oil Prices Slip as Saudi Supply Recovers, Easing Crude Tightness
Brent dipped below $100 on expectations of increased Saudi output and U.S.-Iran diplomacy, wiping out recent losses after crude shed more than 9% over the prior four sessions.
FTSE 100 holds steady amid U.S.-Iran tensions, Treasury yield pressures
British equities remained flat as geopolitical risks and rising U.S. Treasury yields weighed on investor sentiment.
Austria Plans 12-Cent Fuel Price Cut for Oct-Nov
Vienna will slash mineral oil taxes and trim refiner margins to lower pump prices by more than 12 cents per liter, citing inflation as a top priority.
Meta’s KI-Gerät Muse Charm: Ein Schlüsselanhänger mit Display und KI-Funktionen
Meta kündigte ein kompakt gestaltetes KI-Gerät namens Muse Charm an, das ab Ende 2024 mit Display, Mikrofon, Kameras und 5G-Anbindung auf den Markt kommen soll. Das Gerät soll den Konzern bei der Konkurrenz um KI-Assistenten für den Alltag positionieren, während OpenAI mit einem ähnlichen Projekt scheitert.
Hungary’s Tokaj Region Expands Beyond Sweet Tokaji Aszú in Wine Boom
Tokaj’s production growth defies global wine export declines, as producers diversify into dry styles and global markets.
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Oil Falls as Asia Crude Imports Post Highest Volume Since Iran War Began
Brent and WTI eased as Kpler data showed September crude inflows to Asia reached their highest level since hostilities began, though volumes remain roughly 13% below pre-conflict levels.
Gold Flat as Fed Rate-Hike Bets Weigh on Precious Metals
Spot gold held near $4,282 per ounce as traders priced in a second consecutive Federal Reserve rate increase, while oil dipped on diplomatic signals from Iran.
Gold steadies at $4,295 as Treasury yields top 5% and Fed hike bets rise
Gold edged up 0.2% to $4,295 per ounce, halting a roughly 20% decline since the February U.S.-Iran conflict, as 5‑year Treasury yields broke 5% and markets price in three Fed rate hikes by next April.
Oil drops after surge on U.S.-Iran diplomacy uncertainty
Brent fell to $102.10 a barrel after Wednesday's near-4% gain, as U.S.-Iran diplomatic doubts and a larger-than-expected U.S. crude inventory build weighed on prices.
DAX Drops 0.6% as Rising Oil Prices Clamp German Stocks
The DAX index fell to 25,414 points Wednesday as oil-market tensions eased any independent momentum for German equities.
Glencore Gets $500 Million from U.S. Ex-Im Bank for Critical Minerals Reserve
Glencore has secured a $500 million commitment from the Export-Import Bank of the United States to establish a strategic critical minerals reserve in the U.S.
Swiss Ständerat tightens UBS foreign-branch capital rules to 90% CET1
Reactions range from criticism to concern over proposed stricter capital requirements for UBS’s foreign subsidiaries, with industry groups warning of competitive risks and regulatory overreach.
Gold prices drop as higher-for-longer central bank interest rate outlooks weigh on market sentiment
Gold prices fell as expectations of prolonged higher central bank rates weighed on market sentiment.
Oil prices rebound and Brent crude rises above $103 a barrel amid Middle East supply risks and uncertainty over US-Iran talks
Brent crude climbed above $103 per barrel as markets reacted to Middle East supply concerns and unclear US‑Iran negotiations.
U.S. Crude Oil Stockpiles Post Unexpected Build
U.S. crude oil inventories rose unexpectedly, according to the latest data.
US-Märkte sinken unter 51.500 Punkte, Ölpreise steigen auf 104 USD/Barrel
US-Aktien verloren an Wochenmittwoch rund 0,7 Prozent, während Ölpreise durch geopolitische Spannungen und höhere Renditen auf Rekordniveau stiegen.
Clarity Metals to buy 80% stake in Idaho copper project for $1M in units
Clarity Metals Corp. plans to acquire an 80% interest in the Bobcat copper property in Lemhi County, Idaho, from BG Copper Corp. for 20 million units priced at $0.05 each, pending regulatory approvals.
Gold Price Drop Drives TSX Futures Lower as Mideast Tensions Persist
TSX futures declined amid a sharp decline in spot gold prices, while market participants awaited developments in Middle East peace talks and broader geopolitical risks.
Integra’s Florida Canyon Mine Reserves Rise 74% After 2026 Drilling
New reverse circulation drilling at the Florida Canyon Mine in Nevada uncovered higher-grade gold deposits, expanding reserves by 74% and expanding exploration potential into the Madre Shear North Target.
India probes LG, Samsung over OLED TV display tariff misclassification
Authorities in India are examining whether LG Electronics and Samsung improperly applied a lower tariff to imported OLED display components for premium TVs.
Oil prices hold near two-week lows amid easing supply concerns and rising US crude stocks
Oil prices remained near two‑week lows as supply concerns eased and U.S. crude inventories rose.
Euro gas prices near 3-week lows as Tehran hints at Hormuz reopening
Benchmark Dutch TTF contract slips 0.6% to 72.90 euros/MWh, near three-week low. Iranian officials signal possible Strait of Hormuz reopening within seven days.
Euro Yields Drop as Crude, Gas Retreat on US-Iran Breakthrough Hopes
Euro-zone government bonds rallied as Brent crude fell below $100 and the Strait of Hormuz reopening prospects eased energy risk premia.
Harvest Minerals teams with Brazil's geological survey for rare earths research
London-listed Harvest Minerals signed a 24-month technical-scientific cooperation agreement with the Brazilian Geological Survey to explore REE potential across four sites in the Ribeira Belt.
Focus Graphite Secures C$2M Credit Line to Address Funding Gap
Focus Graphite Inc. secured a C$2 million revolving credit line from CIBC to support working capital needs, complementing over C$15 million in federal non-dilutive funding for its Quebec graphite projects.
Global oil prices drop below $100 a barrel as Saudi Arabia nears pipeline restart
Global oil prices fell below $100 a barrel as Saudi Arabia moves toward restarting a key pipeline damaged in attacks.
Oil Prices Hit Sixth Day Loss as US-Iran Talks Ease Supply Fears
Brent crude drops below $100 a barrel amid hopes for US-Iran progress and reports Saudi Arabia has restarted its east-west pipeline.
European gas jumps nearly 5% as JERA warns on low reserves
Natural gas prices hit their highest levels since late 2022 as storage remains far below seasonal norms and shipping disruptions in key transit corridors persist.
Gold Rises on Stabilizing Oil, Fed Rate-Hike Fears Ease
Spot gold climbed 0.4% to $4,359.40 an ounce as oil prices steadied after a 9% four-session slide, easing expectations of further Federal Reserve tightening.
Shell Sells New England Power Plant for $715 Million, Buys Pennsylvania Facility
Shell Energy North America is divesting its 609‑megawatt RISEC plant in New England to Constellation Energy for $715 million while acquiring the 169‑megawatt Hunlock Creek gas‑fired facility in Pennsylvania from Riverview Power. Both deals await regulatory approval and are slated to close in Q1 2027.
Oil Prices Surge on Gulf Supply Disruptions and Saudi Attacks
A spike in crude oil prices driven by geopolitical conflict and supply concerns in the Gulf and Saudi Arabia is raising inflation worries and influencing central bank rate expectations, triggering risk‑off sentiment across global markets.
German Gasoline Hits Record High, Diesel Nears Record
E10 reaches 2.273 euros per liter nationwide as oil prices climb on Middle East supply concerns.
Elmet Group Secures $230M+ Annual Tungsten Deal with UK’s Tungsten West
Long-term supply pact boosts Elmet’s refining network and Tungsten West’s Hemerdon Mine ramp-up plans for aerospace and defense sectors.
Dow Jones holds near flat as US stocks pause ahead of UN speech
Oil prices declined further amid Iran’s diplomatic efforts to resolve tensions with the U.S., while indices like the Nasdaq 100 rebounded slightly after a sharp Monday rally.
PharmAla Biotech Secures Milestones Amid Strong Clinical Trial Demand
The biotech firm, now the world’s largest supplier of clinical-grade MDMA, reports a 201% revenue surge but remains unprofitable, with a focus on data monetization and novel drug development.
Star Gold’s Nevada Project Shows $87M NPV at Base Case Metal Prices
The company’s economic assessment for the Longstreet Gold-Silver Project highlights strong returns under current price assumptions, though risks remain tied to resource viability and operational execution.
Oil Prices Drop Below $100 as Middle East Supply Risks Ease
Brent fell below $100 on signs of U.S.-Iran diplomatic progress and an Iranian proposal to reopen the Strait of Hormuz, even as Saudi output rises and freight costs remain strained.
Bank of America Raises Brent Oil Forecast to $95 on Geopolitical Risks
BofA lifts H2 Brent outlook to $95 a barrel from $83 as Strait of Hormuz disruptions and Middle East tensions underpin the revised estimate.
Saudi Aramco eyes Yanbu restart, signaling a potential reopening of the Saudi oil lifeline
Saudi Aramco is reportedly evaluating a restart of its Yanbu facility, which could reopen the Saudi oil lifeline.
Oil prices turn negative amid market shifts as crude prices drop
Oil prices moved into negative territory as crude prices fell, affecting global energy benchmarks.
China gold imports surpass 1,000 tonnes, set new annual record
Chinese gold imports topped 1,000 tonnes by August, already exceeding the full-year 2025 total, as a stronger yuan and central bank buying fuel demand.
Canopy Growth to supply UK with four Canadian-grown medical cannabis strains
Canopy Growth Corporation will supply four strains of Canadian-grown medical cannabis to the UK market through its Spectrum Therapeutics brand, following renewed EU certification at its Kincardine facility.
Mining Majors Consolidate Adjacent Assets to Build Giant Deposits
Barrick, Newmont, Agnico Eagle and BHP are all expanding operational hubs by acquiring or merging neighboring mineral properties into larger complexes.
Venture Global Signs 20-Year LNG Supply Deal With China Gas
Venture Global agreed to sell 0.5 million tonnes per annum of U.S. LNG to China Gas under a 20-year contract beginning in 2030, raising total long-term offtake between the two firms to 2.5 Mtpa.
Valeura Energy Approves Bussabong Gas Field Development in Gulf of Thailand
Thailand’s cabinet has cleared Valeura Energy’s stake in a $55M offshore gas project, targeting first production by 2028 and 12 million cubic feet per day by 2029.
Oil prices surge amid Saudi Arabia strikes, Gulf shipping disruptions and Ukraine-Russia refinery attacks
Oil prices rose as new strikes in Saudi Arabia and Gulf shipping disruptions coincided with escalating Ukraine‑Russia refinery attacks.
Alamos Gold Outlines 2030 Growth Plan Amid Operational Adjustments
The mining giant targets 1 million ounces annually by 2030, despite recent seismic disruptions at Young-Davidson and infrastructure upgrades at Island Gold.
Oil Recovers Slightly as U.S.-Iran Talks and Saudi Flows Ease Supply Fears
Brent and WTI climbed modestly in Tuesday Asian trading after four straight sessions of losses, as markets weighed potential U.S.-Iran diplomacy and rising Saudi crude shipments through the Strait of Hormuz.
Gold climbs to $4,359 as oil slump eases inflation concerns, Trump hints at Iran talks
Spot gold rose 0.4% to $4,359.40 amid a 9% oil decline, while Fed rate hike and ETF inflows support the rally; President Trump is set to address the UN later Tuesday.
EU Gas Prices Rally on Storage Deficit and ECB Inflation Pressure
Dutch TTF and British NBP contracts climbed as Europe's underground storage lags the five-year average by 16 percentage points and ECB rate hikes reinforce inflation dynamics.
Brent crude breaches $100 as Middle East tensions compress Strait of Hormuz flows
Brent crude settled at $101.21 a barrel Wednesday, the highest close since April, as vessel traffic through the Strait of Hormuz fell below 2 million barrels per day amid renewed US-Iran strikes.
Oil Prices Drop 2%-3% as Iran Diplomacy Advances and Saudi Aramco Boosts Hormuz Exports
Brent crude fell about $2.12, or 2%, to $101.75, its lowest level since September 10, while WTI also slipped. The decline reflects easing supply‑disruption concerns amid diplomatic progress in the Iran conflict and increased Saudi Aramco shipments through the Strait of Hormuz.
First Phosphate Corp. publishes study on phosphate deposit in scientific journal
First Phosphate Corp. has published a study on its phosphate deposit in Saguenay, Quebec, in the scientific journal Ore Geology Reviews. The study highlights the deposit's potential for purified phosphoric acid production.
Cuba’s Peso Hits Record Exchange Rate Amid Economic Crisis
New banknotes and private exchange markets reflect deepening monetary strain, but reforms lag behind inflation and fuel shortages.
Copper Near All-Time Highs as Double-Top Caution Signals Possible Reversal
Copper trades below $6.890 resistance, nearing all-time highs, while RSI approaches overbought territory and a bearish wick at $6.8412 raises questions about further upside.
Silver Consolidates in $65.50-$67.50 Range as Symmetrical Triangle Nears Completion
Silver trades at $66.55 inside a chop zone marked by low volume and weak trend, with a symmetrical triangle pattern 70% complete ahead of a potential breakout.
Gold Holds Near $4,383 Amid Descending Triangle Pattern
The precious metal trades in a tight range between $4,315 support and $4,435 resistance, with technical indicators showing a bullish MACD crossover and RSI recovering to 49.2. Traders watch for a break above $4,440 to invalidate the bearish setup.
Brent crude slips below $103 support, trades near $100.55
Brent oil fell to $100.55, breaking the $103 support level and entering a $100.44‑$100.47 battle zone, with bearish targets down to $92.35.
WTI crude oil tests $91.58 support amid bearish technical outlook
Price action nears oversold levels as WTI crude oil slides toward $87.50 support after a failed rally above $98.58.
London Gas Oil Trades Near Key Technical Levels
London Gas Oil's price action is analyzed through technical indicators, with key support and resistance levels identified. The article provides trade scenarios for both bullish and bearish positions.
Natural Gas Tests $2.83 Support Amid Trading Volatility
Price action near $2.83 raises questions about near-term support and potential breakout dynamics in natural gas futures.
Forgent completes additional drilling at Curley's prospect
Forgent plc has finished 12 additional drill holes around the Phase I intersection at its Peak Hill Gold-Copper Project, bringing total drilling to 56 holes across two prospects.
European High-Yield Real Estate Debt Faces 2023-Style Stress as Zins Risks Emerge
European issuers of high-risk real estate debt are experiencing renewed pressure, mirroring the 2023 market turmoil triggered by rising interest rates and deteriorating refinancing conditions.
Sunrun and Tesla dispatch 580 MW from home batteries to California grid
Over 140,000 home batteries supplied power to California's grid during peak demand, with Tesla Powerwalls contributing 517 MW and Sunrun operating 55% of them.
Sinda Ltd. Drills 12,500 g/t Silver at Mexico’s Caracol Project
High-grade silver intersections at the Dolores vein system advance exploration plans, with a 2026 resource update and infrastructure development underway.
Bernstein cuts 2030 gold price forecast to $5,600 an ounce
Analysts at Bernstein revised their long-term outlook amid shifting monetary policy expectations and central bank reserve trends.
Silver Prices Rise as UBS Forecasts Higher Prices in 2027
Silver futures traded at $67.16, up 0.02%, as UBS predicts prices will reach $70 by December 2026 and $80 by September 2027, amid a forecasted 46.3 million-ounce deficit for 2026.
Deep Fission Tests Underground Borehole Reactor Tech with Youngquist Brothers
Deep Fission and Youngquist Brothers complete a demonstration of a gravity-based nuclear reactor prototype in Florida, aiming for commercial deployment by 2027.
Sunshine Silver Expands Idaho Landholdings by 60%, Plans Exploration Drilling
Sunshine Silver Mining & Refining Company (SSMR) has expanded its mineral rights in Idaho’s Silver Valley by 14,100 acres, becoming the largest holder in the region, and plans a multi-year drilling program to assess new targets.
Midnight Sun Secures Zambia Copper Licence Deal with Earn-in Terms
Midnight Sun Mining Corp. finalized an earn-in agreement with Mulundu Holdings for Zambia’s Mulundu Licence, covering 62 sq km near the Solwezi Copper Project.
Gold holds steady near $4,379.74 per ounce as markets monitor Middle East tensions and interest rate outlooks
Gold remained near $4,379.74 per ounce while investors watched Middle East tensions and interest‑rate expectations.
Eurozone yields near decade highs amid Brent crude surge and ECB-Fed watch
U.S. Treasury yields hover just below 5% as Brent crude climbs 3% ahead of ECB and Fed rate decisions.
Pattern Group Expands Beyond Amazon Amid 40% Revenue Growth
CEO David Wright highlights diversifying marketplace share and operational efficiency at Goldman Sachs’ 2026 tech conference.
FTSE 100 rises on oil supply fears, GBP weakens as Brent climbs 4.4%
Energy stocks led gains as Brent crude futures surged on concerns over Middle East supply disruptions, while sterling fell against the dollar.
Cobra Resources advances rare earth purification tests
South Australian company reports progress in radionuclide removal and rare earth retention during purification process, supporting upcoming scoping study.
Oil prices decline as U.S. crude inventories rise amid Middle East supply and pipeline considerations
U.S. crude inventories rose, putting downward pressure on oil prices while Middle East supply concerns persisted.
Cogent’s AI Strategy Amid Data-Center Restructuring
Cogent Communications CEO Dave Schaeffer highlighted a pivot toward AI-driven demand as the company exits a decade-long acquisition freeze and divests legacy data-center assets.
Hi-View Resources Acquires Jim Property in BC’s Toodoggone Gold-Copper District
The deal includes 100,000 shares, a $5,000 cash payment and a 2% net smelter returns royalty, with an option to repurchase 1% of the royalty for $1,000,000. The property hosts copper and gold mineralization visible at surface.
Oil Prices Climb Further on Escalating Middle East Tensions
Brent crude surged past $105 as Iran-backed Houthis seized Yemen's strategic port of Mokha, while European gas also climbed above €80/MWh for the first time since late 2022.
Huthi rebels seize control of strategically important port city of Mokka
Iran-backed Huthi rebels have taken control of the strategically important port city of Mokka in Yemen, expanding their influence over the Bab al-Mandab Strait, a key shipping route. The move has raised concerns about potential blockades and increased Brent crude oil prices.
Gold X2 Drilling Confirms High-Grade Gold Beneath RPEEE Pit at Moss Project
Gold X2 Mining reports 173m of 0.89 g/t Au from its QES Zone drill hole MQD-26-474, deepening the mineralized zone 100m below the current open pit shell at the Moss Gold Project.
Energy shock talks and geopolitical developments amid Ukraine conflict and diplomatic meetings
Discussions on energy shocks and geopolitical developments are occurring as the Ukraine conflict continues and diplomatic meetings take place worldwide.
Empire Metals Secures AUD$53M for Titanium Innovation in Australia
Australian critical metals firm joins government-backed research to advance titanium production via renewable-powered molten salt electrolysis.
Valkor Begins Drilling at Utah Oil Recovery Site; Quadrise Receives Update
Quadrise says Valkor has started drilling two pilot wells at Utah's Asphalt Ridge site, with production of roughly 1,000 barrels a day targeted for 2027.
Oil prices decline for a third consecutive session amid easing concerns over Saudi supply disruptions
Oil prices fell for a third day as worries about Saudi supply disruptions eased.
Gold climbs as investors digest Fed rate hike, signal further tightening, and oil rally stalls
Gold prices rose while oil's rally stalled after the U.S. Federal Reserve announced an interest‑rate increase and signaled additional tightening.
Market Analysis Focuses on Iran Conflict Resolution, Oil Prices and Energy Stocks
Market commentary and insider buying activity are tracking potential developments in the Iran conflict and their implications for crude oil prices and energy equities.
Brent crude surges past $100 amid tanker attacks and supply fears
Oil prices rose sharply on Thursday, driven by escalating tensions in the Red Sea and broader supply concerns as Brent crude climbed above $100 per barrel.
Iridium, Deutsche Telekom Demo Satellite Voice for IoT Applications
Iridium Communications and Deutsche Telekom IoT showcase a satellite-based voice messaging demo using NB-IoT technology, targeting global IoT expansion beyond terrestrial coverage.
Helix Exploration Spuds Ollie #1 Well at Montana's Rudyard Field
The firm is targeting approximately 5,500 feet at its fourth production well in the Northern Dome, part of a program to expand helium output.
Aterian’s Rwanda tungsten trial secures £180k via convertible loan
Rwandan subsidiary Eastinco Limited raises £180,000 to test tungsten trading amid expansion into critical minerals
Oil Futures Pull Back From Gains as Hormuz Reopening Talks Ease Supply Fears
Crude retreated after recent surges as discussions emerged on reopening the Strait of Hormuz, while the IEA's latest report added to bearish demand sentiment.
Venezuela's Acting President Rodriguez Signs Hydrocarbons Agreement with TotalEnergies
Venezuela's acting President Rodriguez signed a hydrocarbons and cooperation agreement with French oil major TotalEnergies.
Swiss rental prices drop for first time in five years
A nationwide decline in advertised rental rates in Switzerland follows five years of increases, with regional disparities widening amid tight housing supply.
Galantas Gold Commences 15,000-Meter Drilling at Chile’s Andacollo Project
The company aims to extend gold mineralization and assess copper potential near Teck Resources’ adjacent mine by mid-2024.
Oil futures pull back following discussions on reopening the Strait of Hormuz and the monthly IEA report
Oil futures fell after talks about reopening the Strait of Hormuz and the latest IEA report.
Fusion Fuel’s UAE LPG subsidiary expands fleet with new tanker
Al Shola Gas adds a 17,800-liter LPG bobtail to its fleet, raising total vehicles to 53 and setting revenue targets at AED 6 million annually.
France's Wine Output Nears 70-Year Low as Drought Shatters Harvests
France's wine production is on track for its lowest level in seven decades as heatwaves and droughts slash yields, pushing the country to third place behind Italy and potentially Spain.
SMI Reclaims Gains Before ECB, Copper Retreats From Record, Oil Holds Above $100
Swiss blue chips reversed morning losses ahead of an almost certain 25-basis-point ECB rate hike, while copper fell 2.2% from a record and Brent crude stayed above $100 on Middle East risk.
Lahontan Gold Names Billy Choi as CFO Amid Mine Permitting Push
Billy Choi takes over as CFO in October 2026, following John McNeice’s tenure, as the Nevada-focused miner advances permitting for its Santa Fe gold project, targeting production in 2027.
Copper hits record highs while smelters face negative margins on every ton
Copper prices have reached record highs globally, and smelters are reporting negative margins on each ton processed.
Brent crude breaches $100 a barrel as Middle East tensions and tanker attacks fuel supply concerns
Brent crude futures rose above $100 a barrel, driven by escalating Middle East conflict and attacks on tankers that are heightening fears of physical supply disruptions.
Asian Stocks Slip on AI Slowdown Fears as Oil Surge Fuels Rate-Hike Odds
Asian equities fell as concerns over a deceleration in artificial-intelligence development weighed on tech shares, while oil climbing above $107 lifted swap-trader odds of a Federal Reserve rate increase.
Orion Minerals Targets Copper Production With $250M Glencore Deal
Orion Minerals presented plans to restart the Prieska copper-zinc mine in South Africa, backed by a $250 million prepayment and offtake agreement with Glencore.
Talisman Mining Raises $4M Ahead of Gold Exploration Push
Share price rises 1.45% as company highlights new drilling programs in New South Wales portfolio, including key gold targets at Walkers Hill and Junee-Narromine.
Turaco Resources Outlines Low-Cost Gold Development Plans for Côte d'Ivoire
Turaco Resources targets first production by 2028 from its Boundiali project, touting discovery costs of US$8 per ounce and a pre-feasibility study showing 6Mtpa throughput.
Muzinich’s Greil-Castro: Short-Term Corporate Bonds Offer Higher Yields Than Long-Term Sovereigns
Investment strategist Tatjana Greil-Castro argues that short-duration corporate bonds provide better risk-adjusted returns than long-term sovereign debt, despite rising yields on US, UK and EU government bonds.
Venezuela's $4 Billion Gold Reserves Set for Transfer From London to New York
A negotiated deal would move 31 tonnes of Venezuelan gold from the Bank of England to the Federal Reserve Bank of New York, ending a seven-year legal dispute over frozen sovereign reserves.
Saudi Arabia informs European refiners of next month crude delivery halt due to East-West pipeline shutdown
Saudi Arabia has told European refiners that crude shipments will pause next month because the East-West pipeline is being shut down.
Trump lifts 10% whiskey tariff on Ireland after EU spirits trade dispute
US President Donald Trump announced he would remove a 10% tariff on Irish whiskey exports to the US, citing pressure from Irish officials and business groups over EU-wide spirits trade restrictions.
Brent crude breaches $100 a barrel as Middle East war widens and shipping attacks intensify
Brent crude oil prices have moved above $100 a barrel amid a widening Middle East conflict and shipping attacks.
India's Arya.ag Tests Tokenized Grain Receipts on Avalanche
An Indian agri-lender is piloting a system that puts warehouse-backed grain ownership records on a dedicated Avalanche blockchain, linking deposits to collateral and loan data through Finternet.
Gold Holds Firm Near $4,386 as Fed Rate Hike Fails to Weigh on Safe-Haven Demand
Spot gold rises nearly 1% this week despite a 25-basis-point Federal Reserve rate increase, as investor demand remains resilient against elevated Treasury yields and traditional macro headwinds.
European natural gas holds near multi-year highs as Gulf tensions weigh on supply
Dutch gas trading at 79.64 euros per MWh amid Strait of Hormuz disruption risks; EU storage remains well below seasonal norms.
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.
Geopolitical conflict involving Iran disrupts oil and wider commodity markets including LNG and critical industrial inputs
A conflict involving Iran is reported to be affecting oil, LNG and other key industrial commodities globally.
Prediction Markets Price New U.S. Gas Highs as Oil Tops $100
Kalshi traders see a 71% chance American pump prices will exceed $4.60 this year as Iran tensions push WTI crude above $103 a barrel.
Swiss SMI up 0.2% pre-market as 18 of 20 components rise
Alcon shares decline sharply amid pre-market trading; Brent crude stays above $100 amid geopolitical tensions
U.S. Consumers Hit With $100 Billion in Extra Fuel Costs as Oil Surges Above $100
Americans have spent an additional $100 billion on fuel since the start of the Iran conflict, as crude prices remain above $100 a barrel.
Saudi alerts rise as Yemen fighting curtails key oil shipping lanes
Intensified clashes between Saudi forces and Yemen's Iran‑backed Houthis have lowered vessel traffic through the Bab el‑Mandeb Strait and disrupted the Strait of Hormuz, tightening global oil routes.
Brent crude oil prices rise above $100 a barrel amid escalating Middle East conflict
Brent crude oil prices have climbed past $100 a barrel amid heightened conflict in the Middle East.
Lockheed Martin Secures GM Defense Supply for PAC-3 Missiles
Lockheed Martin and GM Defense finalized a contract to supply critical missile components, accelerating production of the PAC-3 MSE interceptor amid defense expansion plans.
SMI falls again as oil and inflation fears weigh on global markets
Swiss index slumps amid rising oil prices and US inflation concerns; Meta surges 6.6% on AI announcement.
Oil Pares Losses as Saudi Pipeline Damage and Strait of Hormuz Traffic Disrupt Oil Markets
Brent and WTI recover from session lows after attacks on Saudi Arabia's East-West Pipeline, while Strait of Hormuz vessel traffic falls to under a quarter of its 10-day average.
Swiss Medtech Warns of Declining Attractiveness Amid Cost Pressures
Industry growth outpaces overall Swiss economy, but rising costs and regulatory hurdles threaten long-term competitiveness.
UBS forecasts gold up to $5,400 by Sep 2027, sees near-term volatility
UBS projects gold reaching $5,400 per ounce by September 2027, citing the Fed's latest rate hike, elevated real yields and continued central‑bank buying as key drivers.
Oil Prices Continue to Fall Despite Physical Crude Scarcity
Global oil prices persist in declining even as shortages in physical crude supply remain a factor.
Gold Prices Stabilize After Sharp Rise Tied to Fed Rate Decision
Gold settles into a steady range after a sharp advance following the Federal Reserve's interest rate decision, as precious metals respond to recent US monetary policy moves.
Gold Holds Steady Near $4,346 Ahead of Fed Decision on Rate Hike
Spot gold trades at $4,346.46 an ounce as markets price in a 92% chance of the Federal Reserve's first rate hike since 2023, while the 10-year Treasury yield hits a 2007 high.
Oil prices dip as US inventory build offsets Middle East supply concerns
Brent fell 1.4% to $107.27 and WTI 2.0% to $103.68 as API data showed a 7.14 million‑barrel inventory rise, while Houthi attacks disrupted Saudi export routes.
Gold Rises 1% to $4,397.47 as Dollar Weakness, Middle East Tensions Lift Prices
Spot gold extended its advance on Wednesday, climbing 1.0% to $4,397.47 an ounce, supported by a softer U.S. dollar and rising Middle East hostilities.
Brent crude oil prices surge above $100 a barrel, hitting multi-week high amid intensifying Middle East conflict
Brent crude surpassed the $100 per barrel mark, reaching its highest level in several weeks as Middle East tensions rise.
Oil and U.S. Treasury Yields Hit Seven-Year Correlation High
Tight lockstep between yields and crude prices is intensifying cross-asset volatility and macro inflation concerns.
Oil prices decline following an unexpected build in U.S. crude inventories amidst ongoing Saudi supply concerns
Oil prices fell after U.S. crude inventories rose unexpectedly, while concerns about Saudi supply persisted.
Oil Swings as Houthi Strikes Hit Saudi Arabia and U.S. Inventories Build
Crude prices oscillated sharply after Houthi attacks on Saudi infrastructure and a pipeline shutdown, while an unexpected rise in U.S. stockpiles offset early geopolitical risk premiums.
Gold climbs over 1% as subdued dollar and oil rally lift metal
Gold rose more than 1% against a weaker US dollar, with traders awaiting upcoming US inflation data and reacting to an oil rally.
Oil prices jump more than 2% following new Houthi strikes on Saudi Arabia and the Strait of Hormuz
Oil prices rose over 2% after reports of new Houthi attacks on Saudi Arabia and the Strait of Hormuz.
Diplomatic Talks on Strait of Hormuz Stalled as Houthi Attacks Escalate
Oman postpones meeting on the Strait of Hormuz proposal after Iran demands its conditions be met, even as Houthis launch fresh attacks on Saudi Arabia and crude prices spike.
Oil prices rise over 3% amid Middle East tensions, Hormuz Strait delays
Brent crude briefly exceeded $108, WTI climbed 2.8% as geopolitical risks tighten global supply chains
Gold, silver extend rebounds as Fed hawks signal more rate hikes
Precious metals climb toward key resistance levels after the Federal Reserve's 25-basis-point increase, while oil and Treasury yields ease amid Strait of Hormuz tensions.
Gold Steady Near $4,400 as Inflation Data Looms
Gold prices held firm around $4,400 an ounce as traders positioned ahead of U.S. inflation readings that could shape expectations for a Federal Reserve rate hike.
SanDisk Highlights AI Demand to Drive NAND Growth, Targets 2028–2030
SanDisk CEO David Goeckeler outlined a strategic push for high-bandwidth flash memory to meet AI-driven data center demand, securing long-term contracts and financial targets.
Gold climbs over 1% amid a subdued US dollar and ongoing oil rally ahead of US inflation data
Gold prices rose over 1% as the US dollar weakened and oil prices continued to gain ahead of upcoming US inflation data.
SBA Communications CEO Ties Growth to Spectrum and 5G Expansion
SBA Communications CEO Brendan Cavanagh discusses growth strategy at Goldman Sachs conference, highlighting spectrum auctions and 5G build-outs. Stock closed at $186.74, down 1.03%.
Oil prices rise further as U.S.-Iran conflict worsens
Oil prices continued to climb as tensions between the United States and Iran escalated.
Iraq oil exports rebound in August amid discounts and Iran approval
Iraq's oil exports rose to 2.34 million barrels per day in August, up from 1.35 million bpd in July, as discounts and Iran's approval for tanker passage contributed to the recovery.
American Critical Minerals Raises $2.535M in Private Placement for Utah Drilling
The company funds drilling at its Green River Project and working capital for Q4 2026, targeting completion of the AP-S-2 Duma Point well in September 2026.
Brent crude breaches $100 a barrel amid escalating Middle East conflict and tanker attacks
Brent crude rose above $100 a barrel as Middle East conflict and tanker attacks intensified.
Gold firms as weaker dollar and Middle East risks boost prices ahead of inflation data
Spot gold rises on a softer U.S. dollar, rising geopolitical risk from the Middle East and anticipation of Thursday's inflation report.
Oil prices rise after Saudi pipeline shutdown and Hormuz vessel attack
Oil prices have risen following the shutdown of Saudi Arabia's East‑West pipeline and a vessel attack in the Strait of Hormuz amid a widening conflict with Iran.
Goldman Reiterates $5,400 Gold Forecast for End of 2027 Despite Fed Hikes
Goldman Sachs trimmed its year-end fair-value estimate to $4,650 an ounce but maintained a $5,400 target for late 2027, citing central bank buying as the primary driver of projected gains.
European Natural Gas Set to End Five-Week Winning Streak
Dutch TTF and UK NBP wholesale gas prices face weekly losses despite a Friday rebound driven by Middle East geopolitical risks, while EU storage sits at 68.5% ahead of autumn demand.
Spot gold edges higher supported by a softer U.S. dollar and lower oil prices.
Spot gold prices rose as the U.S. dollar weakened and oil prices fell.
Turbo Energy lands €3M in energy storage contracts for Spain, Chile
Company secures 15 projects totaling 15.6 MWh capacity, spanning commercial and industrial applications with AI-driven optimization.
US Bans Select Canadian Goods as Oil Surges Toward $100
Washington imposes tariffs on Canadian dairy, alcohol and motorcycles, while Brent crude nears $100 on Middle East tensions ahead of key U.S. inflation data.
MP Materials Raises Supply Chain Ambitions Amid Rare Earth Demand Surge
MP Materials targets full production capacity by year-end 2024, expanding into Apple’s supply chain by 2025–2028 as U.S. defense and magnet demand intensifies.
Oil prices surge past $100 per barrel as Middle East tensions escalate, impacting global equity futures and Asian markets
Oil prices rose above $100 a barrel amid rising Middle East tensions, affecting global equity futures and Asian markets.
Brent crude futures advance toward $100 per barrel, chilling global market sentiment
Brent crude futures are moving toward the $100 per barrel level, affecting market sentiment worldwide.
Europe faces rising economic and political pressure as gas reserve restocking stalls and diesel and refined oil prices near record
Europe confronts growing economic and political strain linked to delayed natural gas reserve restocking and near‑record diesel and refined oil product prices.
Switzerland Bans Purchase and Import of Sudanese Gold
Swiss authorities prohibit the purchase, import and transit of Sudanese-origin gold, aligning with EU sanctions enacted in mid-July over conflict-related resource exploitation.
USA Rare Earth, Pasqal to Collaborate on Quantum-Optimized Rare Earth Separation Tech
Partnership aims to reduce reliance on Chinese processing by leveraging quantum machine learning for more efficient separation of mixed rare earth elements.
ICG Silver & Gold wraps Phase 1 drilling at Nevada’s Tuscarora Project
The company completed a 3,000-meter drill program in four target zones, with assay results expected in late 2026 before a mineral resource estimate in Q1 2027.
Frankfurt Stocks Tumble as Brent Crude Breaks $100
The DAX fell 1.66% to 25,576.45 as Brent crude surpassed $100 a barrel, weighing on European equities ahead of the ECB's expected rate hike.
Eurozone Stocks Drop as Brent Crude Surpasses $100
Oil price rises and geopolitical tensions weigh on European markets amid expectations of ECB rate hikes.
Goldman Sachs sees iron ore support at $90-95/t as costs rise
Goldman Sachs expects iron ore prices to find support between $90 and $95 per tonne as costs increase.
Kinder Morgan’s Gas Backlog Exceeds $10B by Year-End as Pipeline Growth Drives Expansion
Natural gas demand growth and take-or-pay contracts underpin Kinder Morgan’s $9.6B backlog, with $1.4B in new projects expected to be sanctioned in 2024.
Revolut denies direct contact despite $3M Monero ransom demand
Unverified claims of a data breach prompted public ransom demands, with Italian authorities expanding their probe into a government email account’s suspected misuse.
Gold rebounds above $4,300 as dollar eases after Fed rate hike
Gold rose 1.1% to $4,311/oz following the Fed's first rate increase in three years, while officials signaled the hiking cycle may not be over.
Gold Rises 1.5% to $4,327/Oz, Recovers Post-Fed Rate Hike Losses
Gold climbed to roughly $4,327 an ounce in London Thursday morning, erasing most losses from Wednesday's US rate decision as Treasury yields retreated from post-hike peaks.
European gas slides to over-one-week low as French strike ends
TTF and UK gas contracts fall roughly 1.2% after a 24-hour strike on France's energy sector concludes, restoring Dunkirk LNG terminal capacity.
Diesel Prices Hit Record High in Germany
German fuel costs surge to new peaks as diesel averages €2.453 per liter, surpassing the April 2026 record, while Super E10 also reaches an all-time high at €2.314.
Diesel prices hit U.S. record as inflation pressures mount
Geopolitical tensions and tight refinery capacity push diesel to $6.29 a gallon, raising inflation fears and prompting Fed rate hikes despite oil supply disruptions.
Schweizer Uhrenexporte steigen im August um 9,1 % auf 1,79 Mrd. Franken
Die Exporte von Schweizer Uhren im August 2024 übertrumpften die Vorjahreswerte, doch ein Rückgang in den USA und eine schwächere Performance in der mittleren Preisklasse dämpften das Wachstum.
Oil prices rise to four-month highs amid Red Sea export disruptions
Saudi Arabia’s Yanbu port disruptions from Houthi attacks push Brent and WTI to fresh peaks as global supply chains tighten.
U.S. energy producer to unveil major investment into Venezuela
A U.S. energy producer plans to announce a major investment in Venezuela's energy sector.
Gold Above $4,300 Supports the South African Rand Before Fed Meeting
Prices holding above $4,300 an ounce are providing support to the rand as investors await the Federal Reserve's policy decision.
Oil prices pull back from four-month highs as Middle East supply disruption fears ease
Oil prices have retreated from recent four‑month peaks as concerns over Middle East supply disruptions have lessened.
Dow Jones und S&P 500 sinken unter Druck von Ölpreisanstieg, Nasdaq profitiert von Meta-KI-Ankündigung
US-Aktienmärkte zeigen Schwäche, während Ölpreise und Fed-Erwartungen die Stimmung belasten – Meta-KI-Start treibt Tech-Aktien an.
Oil prices steady amid cooling Middle East supply jitters
Oil prices held steady as concerns over Middle East supply eased.
Crude oil futures rise as Brent tops $100 amid Middle East conflict and Gulf supply worries
Brent crude futures moved above $100 a barrel as geopolitical tensions in the Middle East and supply concerns in the Persian Gulf weighed on markets.
Japan posts fourth straight monthly trade deficit on soaring Middle East oil costs
Japan recorded a fourth consecutive monthly trade deficit in August as surging oil import bills driven by Middle East conflict-related supply risks weighed on the economy.
Agnico Eagle Eyes Growth, Cash Returns Amid Gold Price Volatility
Agnico Eagle Mines Limited projects 20%–30% organic gold production growth and $2 billion in shareholder returns via dividends and buybacks in 2024, despite operational risks and geopolitical sensitivities.
Brent Crude Breaches $100 a Barrel Amid Middle East Conflict Escalation
Brent crude futures climbed above $100 a barrel as escalating conflict in the Middle East and tanker attacks pushed oil prices higher.
Chilean Cobalt Completes Phase 2 Drilling at Rare Earths Project in Southern Chile
Chilean Cobalt finishes Phase 2 exploration on the NeoRe rare earths project, earning a 2% royalty interest, with first production targeted for early 2027.
Turkish Bank Redeems $23M MTN Debt
Garanti Bankasi A.S. announced the redemption of a $23 million Medium Term Note issued abroad in September 2025.
European Gas Shortage Spurs Five Utility and Engineering Stocks to Outperform
European gas storage levels have plummeted to historic lows ahead of the heating season, raising concerns about supply tightness and driving up wholesale prices. Bernstein Research highlights five stocks—primarily utilities and engineering firms—positioned to benefit from the structural shift in Europe’s energy markets.
Alpha AI relaunches compute pricing platform with expanded AI-driven analytics
The Alpha Liquid Terminal, rebranded as ALT/X Compute Terminal, offers real-time pricing and infrastructure data for AI compute services, backed by Alpha Compute Corp’s investment
UBS raises Brent crude forecasts to $95 by year-end amid supply risks
Oil inventories fell sharply, Brent topped $100, and geopolitical tensions sustain upward pressure on prices.
Galantas Gold sells Omagh gold project stake for $5M, shifts focus to Chile assets
Galantas Gold Corporation sold its 20% indirect stake in the Omagh gold project in Northern Ireland for $5.0 million, settling debt and forfeiting future royalties while redirecting resources toward Chile’s gold and copper projects.
ExxonMobil Highlights Synergies, Guyana Cost Recovery Amid $25B Growth Plan
ExxonMobil’s CFO outlines $4B annual synergies from Pioneer deal, $55B cost recovery in Guyana ahead of schedule, and a $25B earnings growth target by 2030.
Dow Jones, Nasdaq 100 Expected to Decline as Rising Oil Prices Weigh
US stock markets anticipate further declines amid rising oil prices, fueling inflation concerns and raising interest rate expectations. Oil prices surge amid renewed attacks in the Persian Gulf, with Brent crude exceeding $100 per barrel for the first time since July.
Brent crude hits $100 again amid geopolitical tensions
Oil markets remain volatile despite gradual price increases, as supply disruptions and demand shifts shape the outlook.
Lac Gold reports 1.7 million‑oz Rouyn resource at Rising Stars conference
Shares rose 4.3% to $0.365 as Lac Gold highlighted a 1.7 million‑ounce gold resource in Quebec and outlined its broader district‑scale growth plans.
Polish Energy Giant Orlen Loses $230M in Venezuelan Oil Deal Involving USDT
Poland's Orlen suffered a $230 million advance payment loss in a November 2023 Venezuelan crude deal after payments were routed through Tether's USDT, as prosecutors investigate and three former managers face trial.
Guanajuato Silver Names Colin Bower as COO Amid Operational Expansion
Colin Bower, with 35 years of mining experience, takes the helm as Guanajuato Silver’s new chief operating officer to oversee Mexico’s silver-gold assets and drive growth.
Rare Earths Americas Drills Deeper at Brazil’s Alpha Project
The company begins a 13,400-meter reverse circulation program to expand resource estimates and assess heavy rare earth potential in Bahia’s Sapucaia and Rio Preto deposits.
First Majestic Reports High-Grade Silver-Gold Drill Results at San Dimas
Silver producer First Majestic released results from approximately 89,000 meters of 2026 drilling at its San Dimas mine in Mexico, including multi-meter intercepts exceeding 2,600 g/t silver.
Rain City Resources Partners with Quiborax to Evaluate Lithium Extraction Tech
The Canadian miner’s Chilean subsidiary signed a scientific and technological evaluation agreement with Chile’s Quiborax to test Rain City’s AC²ME lithium extraction process on historic tailings at the El Águila project. The deal does not yet constitute a commercial venture but could lead to further testing, pilot or commercial arrangements if results are favorable.
Global markets and European equities face pressures amid rising oil prices nearing $100 Brent and FX movements
Rising Brent crude toward $100 and recent FX moves are adding pressure to global markets and European equities, according to a Reuters report.
Germany Announces Short-Term Fuel Price Relief Measures
The German government is considering immediate consumer relief on fuel costs amid rising prices, with discussions including potential tax adjustments and targeted subsidies.
Bank of Montreal issues £400m senior notes via LSE
Callable fixed-to-floating rate debt under its $4-billion program matures in 2033, admitted to London Stock Exchange’s main market
US crude output and demand rise in June, EIA says
US crude production rose to 13.79 million barrels per day in June, while total petroleum demand climbed to 20.74 million barrels per day, the EIA said.
European Stocks Slide as Oil Surges Past $100, Fed Focus Intensifies
European indices posted midweek losses as Brent crude reclaimed the $100 mark for the first time since late July, stoking inflation fears ahead of the ECB's rate decision on Thursday.
Polen secures $4 billion US military credit for defense upgrades
Washington approves a $3.44 billion loan under the Foreign Military Financing program to fund American arms purchases, part of a broader $17.2 billion in US aid to Poland since 2019.
Brent Crude Rises Above $100 Amid Middle East Conflict and Strait of Hormuz Tensions
Brent crude crosses the $100-a-barrel mark as geopolitical tensions escalate in the Middle East and around the Strait of Hormuz.
Swiss fuel prices hit yearly high as Brent tops $100
Average Swiss pump prices reach CHF 2.05 for unleaded 95 and CHF 2.30 for diesel, up 24%-29% year-to-date, as Brent briefly exceeds $100.
European Gas Prices Hit 2023 Highs Amid Iran-Saudi Tensions
Geopolitical tensions in the Persian Gulf and constrained storage levels push front-month gas prices to record levels in Europe and Great Britain.
European diesel margins persist at record highs amid US inventory surge
Diesel margins in Europe remained resilient despite a sharp rise in U.S. distillate inventories, with low-sulphur gasoil futures trading at elevated premiums to Brent crude.
German steel production dips in July amid weak demand
Production of crude steel fell 2% month-over-month in July, marking the first decline for the year, as structural challenges persist.
FTSE 100 drops 1.3% as Gulf strikes push Brent above $100
European shares retreated as oil surged above $100 following Iranian attacks on shipping and US forces, with markets pricing in a persistent risk premium.
Brent Crude Tops $100 on Middle East Escalation; U.S. Yields Rise
Brent crude surged past $100 a barrel for the first time since May as Middle East hostilities escalated, while U.S. Treasury yields climbed ahead of Wednesday's accelerated buyback and Friday's CPI report.
Drone attacks curb output at half of Russia's top diesel refineries
Ukrainian drones forced five of six major Russian diesel plants to cut output or shut, tightening global fuel supplies and pushing US diesel above $6 per gallon.
Iraq seeks OPEC+ quota based on 6 mb/d capacity
Iraq wants future OPEC+ targets set at 6 mb/d, above its 4.431 mb/d ceiling and IEA's 4.9 mb/d estimate, as a capacity review is due by end-September.
Copper nears $6.87 resistance with overbought technical signals
Trading near a double-top zone, copper faces heightened risk of reversal as indicators signal potential exhaustion
Great Southern Copper starts IP geophysics survey at Cerro Negro prospect
The LSE‑listed miner has begun a five‑line, 6 km induced‑polarisation survey in Chile to generate 3‑D drill targets for Phase IV drilling.
Riverside Reports Gold-Zinc Drill Results from Mexico Project
Riverside Resources Inc. announces drill results from its Union Project in Mexico, highlighting significant gold and zinc intersections and ongoing exploration efforts.
Gold Reclaims $4,400 as Dollar Eases, Fed Pressure Lifts
Spot gold added 1% to $4,399.14 an ounce on Wednesday, buoyed by a weaker dollar and fading immediate probability of a September rate hike. Brent crude topped $100 for the first time since May.
Torque Metals targets 1 million ounces at Ritz Gold Project
The Australian miner reports a 351,000‑ounce resource, high‑grade intercepts and a $13 m cash balance as it plans 70,000 m of drilling to expand its Kalgoorlie land package.
Silver Acadia reports final drill results from Nicholas-Denys project
Silver Acadia Exploration Inc. (CSE: SLA) has released final drill results from its Nicholas-Denys project in New Brunswick, Canada, highlighting significant mineralized zones and assay results.
Solstice Gold Expands Ontario Project with Leckie Gold Zone Acquisition
Solstice Gold Corp. finalized a $600,000 deal in August 2026 to acquire 24 hectares of patented gold claims in Ontario’s Abitibi Subprovince, expanding its Strathy Gold Project to 57 square kilometers.
Valeura Secures Thailand Approval for Gulf Farm-In Deal
Valeura Energy Inc. gains working interest in offshore blocks G1/65 and G3/65 through a farm-in agreement with PTTEP, committing up to $25.6 million by August 2026.
Citi cuts gold exposure on hawkish Fed outlook
Citi has cut its gold exposure due to a hawkish outlook for the Federal Reserve.
Copper hits record $14,533/ton amid US tariff uncertainty
Rising demand from renewables and data centers, coupled with geopolitical tensions and supply-chain pressures, propelled copper futures to an all-time high on the London Metal Exchange.
HSBC says Saudi pipeline outage could revive oil market deficit
A three-to-five-week repair to Saudi Arabia’s East-West crude pipeline may push global crude into a temporary deficit of about 6 million barrels per day, HSBC said.
European Gas Prices Ease from 2023 Highs amid Shipping Risks
Storage levels remain low, while geopolitical disruptions and crude oil gains add pressure to gas markets.
US-10Y Treasury yields hit 19-year high on inflation, oil fears
Rates rose past 5% threshold as markets price in potential Fed rate hikes and inflation risks from rising oil prices.
UBS to Liquidate CMCI Future Commodity ETF Citing Profitability Concerns
The fund’s board said it can no longer be managed viably, setting a redemption deadline of Oct. 23 and aiming to settle proceeds by Nov. 6. Secondary‑market holders may face longer processing times.
Arctic Minerals Advances Swedish Copper Projects at Aktiedagen 2026
Arctic Minerals outlined progress at Hennes Bay and Bidjovagge, citing copper demand, geophysics and permitting milestones over the next five years.
Zanaga Iron Ore starts bulk sampling at Congo project
Mining company begins extraction of roughly 30,000 tonnes of hematite ore for metallurgical testing at its Stage 1 operation in the Republic of Congo.
Gold holds near $4,300 as Saudi pipeline shutdown lifts Fed rate-hike odds
Spot gold traded near $4,306 after Saudi Arabia closed its East-West pipeline, pushing markets to price about a 92% chance of a Fed rate increase this week.
EPA rolls back coal/gas power plant emissions rules in key 2024 standards
U.S. environmental agency withdraws climate regulations targeting emissions from fossil fuel plants, citing legal constraints and reversing Biden-era restrictions.
Gold prices firm on a softer US dollar, upcoming inflation data, and Middle East geopolitical risks
Gold held firm as traders weighed a softer US dollar, upcoming inflation data, and geopolitical risks in the Middle East.
Zürich Airport Tests Stablecoin Payments via Avolta’s Blockchain Wallet
Swiss company Avolta, listed on the SIX Swiss Exchange, is piloting stablecoin transactions at Zurich Airport’s duty-free store from September 9–25, bypassing traditional payment networks.
Hormuz shipping traffic falls after attacks
Kpler data show raw-material freighters passing the Strait of Hormuz fell from 10 to 4 after attacks, with Bab el-Mandeb traffic also declining.
Gold holds steady near $4,300 per ounce as investors await the U.S. Federal Reserve's policy decision.
Gold prices remained steady around $4,300 per ounce while market participants waited for the upcoming U.S. Federal Reserve policy announcement.
Oil prices extend gains after Houthi strikes, Iranian ship attacks, Saudi pipeline closure
Oil prices rose as Houthi strikes on Saudi Arabia, attacks on Iranian ships and the shutdown of Saudi Arabia's East-West pipeline raised supply concerns.
Oil Prices Rise After Houthi Attacks on Saudi Arabia, Hormuz Talks Delayed
Brent and WTI crude futures each gained 0.9% as Yemen's Houthis intensified strikes against Saudi oil infrastructure. Oman postponed a planned Iran‑Gulf states meeting to reopen the Strait of Hormuz, keeping supply concerns elevated.
Trump urges Zelenskyy to stop targeting Russian diesel as US diesel hits $6 per gallon
U.S. diesel prices broke $6 a gallon while Brent crude rose about 72% year‑to‑date; Trump said Ukraine’s attacks on Russian diesel facilities are hurting the world.
SMI fällt weiter, US-Märkte unter Zins- und Ölpreisdruck
Asiatische KI-Aktien dominieren, während globale Risiken und Zinserwartungen die Stimmung dämpfen
Oil prices rise amid supply concerns after Saudi drone attacks and East-West pipeline outage
Oil prices increased as drone attacks on Saudi Arabian energy facilities and an outage on the East-West pipeline raised supply concerns.
Oil Prices Surge Over 4% to 16-Week High on Saudi Strikes and Gulf-Tensions
Oil climbed more than 4% to a 16-week peak as strikes hit Saudi energy infrastructure, shipping attacks escalated in the Middle East, and Gulf-Iran talks were cancelled.
Sempra Infrastructure Signs 20-Year LNG Supply Deal With Petrobras
Sempra Infrastructure will supply Petrobras with about 0.8 million tonnes per annum of LNG from its Port Arthur LNG Phase 2 project in Texas under a two-decade agreement.
Electromed presents growth and niche opportunity at H.C. Wainwright conference
Electromed, a company specializing in airway clearance technology, presented its financial performance and market potential at the H.C. Wainwright conference, highlighting its focus on bronchiectasis treatment.
CleanSpark Sees AI Demand Drive Bitcoin Miners’ Shift to Data Centers
CleanSpark’s revenue growth forecast jumps 106% by year-end 2026 as AI infrastructure deals accelerate, while miners pivot from energy-intensive mining to colocation services.
Gold Slips as Oil Rally Fuels Rate Hike Bets Ahead of Fed Meeting
A continuing energy rally is intensifying expectations for a Federal Reserve rate hike, weighing on gold prices.
MARA Holdings Highlights AI Demand Amid $1T+ Infrastructure Push
AI-driven data center demand surged in 2024, with hyperscalers and miners securing over $160B in colocation deals, as companies like MARA Holdings and CleanSpark expand capacity ahead of 2025 revenue targets.
Tesoro Minerals raises C$1M in private placement for Peru exploration
Junior miner advances C$1M gross proceeds to fund geological work and capital needs at two Peruvian properties, excluding investor relations spending.
Gold trades near $4,343 as technical levels point to bearish bias
Gold's 5-hour chart shows a bearish close near $4,343, with support at $4,313 and resistance at $4,364, while a completed head-and-shoulders top frames downside targets.
Copper breaks 200-period MA at $6.412: Live levels
Copper price breaks below 200-period SMA at $6.412, with volatile trading around $6.41–$6.57 band. Oversold signals clash with technical indicators.
Silver nears $63.92 support amid bearish momentum
Silver futures hover near $63.92, testing the 200-period simple moving average amid a potential double-top breakdown risk.
Brent Oil Sinks Below $106 as Bearish Technical Signals Multiply
Brent crude slides from its recent $109.97 high toward $105.32, with a bearish MACD crossover and RSI falling from overbought territory raising the prospect of further downside.
London Gas Oil Reverses From $1,534 High, Tests $1,462 Support
London Gas Oil slipped to $1,463.88 on the 5-hour chart after failing above $1,534, with Ichimoku cloud support at $1,462-$1,463 and lower targets at $1,432, $1,385 and $1,330.
WTI Crude Stalls Near $104.46 High as Momentum Fades
Crude oil futures stalled near their recent high of $104.46 on Sept. 14 as key momentum indicators showed fading strength, with traders eyeing the $103–$104.46 resistance zone for direction.
Natural Gas Tests $2.90 Resistance as Range Holds Near $2.82-$2.88
Natural gas hovered near $2.899 on a five-hour chart, testing a dense resistance cluster at $2.890-$2.906, with key support at $2.815 and $2.753.
Oil prices surge as U.S.-Iran tensions escalate
Brent crude nears $100 per barrel, WTI hits $95.88, driven by U.S. military action against Iranian tankers and rising fuel costs.
Legacy Gold Mines Names Interim CFO Dylan Gravelle
Calgary-based gold explorer appoints former private-sector CFO to fill vacant executive roles ahead of audit committee restructuring
Gorilla Gold Mines Touts 1.5M Oz Resource Base at Resources Rising Stars Conference
The junior gold miner described building a 1.5-million-ounce resource in two years across multiple Western Australia projects, posting a debt-free balance sheet with AUD 20 million in cash.
AusQuest Expands Peruvian Copper-Gold Discovery at Cangallo
Junior miner AusQuest sees its Cangallo porphyry prospect grow through drilling in Peru, with the company holding more than AUD 6 million in cash ahead of September earnings.
FireFly Resources Unveils Copper Project Economics at Mining Conference
Australian miner FireFly presents 84-million-tonne copper resource and base-case NPV of AUD 2.2 billion for its Newfoundland project, targeting first production before end of 2029.
AAR Backs Gold Growth With Mandilla Development Plan and Strong Cash Position
AAR presented Mandilla as a 100,000-ounce-a-year gold operation, with AUD 62 million development capex, AUD 650 million cash and drilling plans at Theia, Kamperman and Spargoville.
Brent crude stays under $100 per barrel amid U.S.-Iran conflict escalation and supply disruptions
Brent crude remains below $100 per barrel despite escalation in the U.S.-Iran conflict and supply disruptions.
Chalice Mining Pushes Australia's Gonneville PGM Mine Toward Final Investment Decision
The WA-based miner says the polymetallic deposit is the world's largest and lowest-cost of its type, with a bankable feasibility study targeted for late 2027 and a construction decision in early 2028.
Liftoff Mobile Sees $130B TAM by 2031 as App Monetization Lags TV
Liftoff Mobile’s CEO highlights a $80B current market but notes inefficiencies in app-based ad monetization, contrasting it with traditional TV efficiency.
Chevron's Venezuela Growth Plan Targets 600,000 Barrels/Day by 2031
Chevron's executive at the Barclays Energy-Power Conference outlined a $7 billion five-year investment plan to double Venezuela's oil production to 600,000 barrels per day by 2031, leveraging improved legal and fiscal terms.
Gold Holds Near 38.2% Fibonacci Support at $4,452 Amid Mixed Technical Signals
Spot gold traded around $4,479, hovering just above the 38.2% Fibonacci retracement level, with resistance near $4,490 and $4,555. Traders outlined bullish and bearish entry points, stops and targets based on moving averages and ATR.
WTI crude oil trades near $100 as technical indicators signal overbought conditions
WTI crude oil hovered around $100.5, with the 5‑hour chart showing a parabolic top at $104.44 and RSI at 75.8. Analysts outlined bearish and bullish entry points, stop‑losses and targets.
Silver consolidates near $68 resistance as hourly levels point to range
Silver trades at $66.815 inside a $65.80-$68.00 range, with key moving averages and a bearish SuperTrend shaping potential breakout or fade scenarios.
Natural Gas Prices Hold Near $2.94 Amid Fading Momentum
Natural gas prices remain caught between $2.87 and $3.03, with technical indicators suggesting weak trend strength and fading bullish momentum.
Brent crude nears $101.20 resistance amid overbought conditions
Price action shows signs of exhaustion near $97.31, with traders weighing breakout potential above $98.10 or a pullback toward $94.50.
London Gas Oil Climbs 4.2% to $1,453 as Technical Indicators Show Stretched Conditions
Gas oil futures surged above $1,450 with RSI registering overbought readings as prices remain well above key moving averages amid a choppy trading range.
European gas prices hit highest since 2023 on Iran shipping risk
Dutch TTF gas futures rose above €75/MWh and UK wholesale contracts reached 186p/therm as Iran-related disruption risks to LNG shipping lifted energy prices and bond yields.
Bitcoin Tests Key Support as WTI Crude Hits Three-Month High
BTC fell below $78,000 as Middle East strikes pushed WTI toward $95 per barrel, raising inflation worries ahead of Friday's CPI report.
Oil prices surge toward $100 per barrel on Middle East and trade risks
Crude oil prices moved toward $100 per barrel amid prolonged Middle East conflict risks, Iran's retaliation warnings, and escalating US-Canada trade tensions.
Gold prices rise as US dollar eases ahead of inflation data
Gold prices climb while the US dollar eases ahead of upcoming US inflation data releases after the Labor Day holiday.
Vessel struck in Strait of Hormuz amid widening U.S.-Iran war and escalating oil supply concerns
A vessel was struck in the Strait of Hormuz as tensions between the United States and Iran rise, raising concerns about oil supply.
Global diesel supply crunch expected to last through winter
Tight diesel supplies are expected to persist into winter as Middle East and Russian refining disruptions limit fuel exports and draw down stocks.
Oil prices climb toward $100 as Middle East peace hopes fade
Oil rose near $100 per barrel as U.S.-Iran threats, a Saudi refinery attack and new Strait of Hormuz shipping risks lifted prices.
Saudi Benchmark Index Drops 1.0% After Drone Attacks on Key Oil Pipeline
The Saudi equity market fell as drone strikes targeted a key oil pipeline in the kingdom on Saturday.
Rain City Resources partners with ZERO13 to launch lithium traceability system
Rain City Resources (CSE:RAIN) teamed with ZERO13 to build a blockchain‑enabled traceability platform for lithium, while restructuring a convertible loan note and adding two advisory board members.
Saudi Arabia Warns of Sharp Oil Export Drop After Pipeline Attack
Insiders say a drone strike on the kingdom’s East‑West pipeline could cut exports by up to 4% of global supply if repairs take weeks, tightening an already strained market.
Freight tanker funds and shipping rates surge amid widening Iran war and oil supply shocks
Freight tanker investment funds and shipping rates have risen as the Iran conflict and oil supply disruptions intensify.
Aris Mining Begins Toroparu Bridge Construction Amid Guyana Gold Project Push
The Toronto-listed miner aims to complete a 109-meter steel bridge by December 2026 to support its Toroparu gold project in Guyana, while pre-feasibility work advances toward Q4 2026 completion.
European Gas At 3-Year Highs: Winners and Losers in the Energy Crunch
Rising gas and fuel prices reshape European equity markets, boosting energy and shipping while weighing on industrials and automakers.
Gold Dips Below $4,400 Amid Geopolitical Tensions and Fed Watch
Gold prices fell below $4,400 as geopolitical risks and inflation concerns weighed on the metal, though long-term demand remains robust.
Goldman Sachs lifts Brent and WTI 2026‑27 forecasts amid Middle East risk
Goldman raised its 2026 Brent and WTI price forecasts by $5, citing ongoing Middle East disruptions, tight inventories and a 25% chance Brent exceeds $100 in March 2027.
Oil near $97.50 as Hormuz risks lift inflation concerns; MoneySimpler expands AI trading
Brent crude is near $97.50 after rising about 35% since February on Strait of Hormuz disruption concerns, while MoneySimpler expands a free no-code AI trading service.
Saudi Arabia faces critical East-West pipeline outage threatening 4% of global oil supply and export stock depletion
A reported outage on Saudi Arabia's East-West pipeline could affect about 4% of global oil supply and reduce export stocks, with potential impact on Brent prices.
Nova Minerals Receives 500 Tons of Antimony Processing Equipment
The Estelle project received more than 40 containers of crushing, milling, flotation and refining equipment at Port MacKenzie, Alaska, in a step toward 2027 antimony production.
Gold and Silver Track US Dollar Near Historical Correlation Extremes
Analysis shows gold‑silver correlation with the dollar hitting 3rd‑4th percentile lows, while the DXY hovers above key support, keeping precious metals tied to dollar moves.
Gold prices climb as the U.S. dollar softens ahead of upcoming U.S. inflation data releases
Gold prices rose while the U.S. dollar weakened ahead of upcoming U.S. inflation data releases.
Gold Slides Below $4,444 as Iran Conflict Lifts Brent Toward $100
Gold futures traded below a key $4,444 support level as the U.S.-Iran conflict reached its 193rd day, while Brent crude rose 1.74% to $98.69 after warnings of Gulf energy disruption.
Oil Prices Climb Toward $98-$100 on Middle East Risks and Stronger Chinese Demand
Crude approaches key psychological thresholds amid escalating geopolitical tensions, supply concerns, and rebounding purchases from China.
FTSE 100 Falls as Hormuz Tensions Impact Energy Markets
The FTSE 100 declined 0.1% as geopolitical tensions in the Strait of Hormuz and Houthi attacks on Saudi energy facilities weighed on energy markets and commodity prices.
European Stocks Fall as Crude Oil Holds Above $90 on Iranian Threats
Brent crude extends gains past $90 on Persian Gulf supply risks, compounding euro-area inflation pressure ahead of the ECB's expected rate hike.
Diesel Approaches $6 While Gasoline Sets Labor Day Record
Diesel prices are nearing $6.00 per gallon, up from an earlier $5.80 target, as gasoline averaged $4.14 for the Labor Day weekend, surpassing the 2012 record of $3.82 amid crude oil trading near $90 a barrel.
Natural Gas Technicals Point to Structural Turn Near $2.80, Analysis Shows
A long-term structural analysis suggests natural gas may be nearing the completion of a fifth phase after sliding toward ~$2.80, with the current move framed as conditional on reversal confirmation.
Brent Crude Surges Near $100 After Iran Threatens Persian Gulf Energy Chokepoints
Oil prices rose sharply on Tuesday as Iran warned of a maritime exclusion zone in the Persian Gulf, escalating tensions that have already disrupted Middle East crude flows and raised concerns over Strait of Hormuz security.
Iran Threatens Gulf Maritime Exclusion Zone as Brent Nears $98
Iran warned of a Persian Gulf maritime exclusion zone and retaliation against U.S. energy assets after U.S. strikes on Iranian tankers, lifting Brent crude to $98.01.
Hormuz ship attack and Saudi pipeline strike raise oil supply risks
A projectile hit a ship in the Strait of Hormuz and a drone strike closed Saudi Arabia's East-West pipeline, raising crude supply risks.
Brent crude climbs above $98 as Houthi attacks push oil toward $100 a barrel
Brent crude rose past $98 per barrel, its highest since July, after Houthi strikes on Saudi energy facilities and Iran's threat of a Gulf exclusion zone tighten global oil supplies.
Copper Hits Record as Novartis Drops on Study Miss; SMI Expected Lower
Copper surged to an all-time high above $14,500 a tonne on supply fears, while Novartis sank 5.2% pre-market after a failed muscle-disease study. The SMI was expected to open down.
Copper hits record $14,533 a tonne on supply and tariff concerns
LME copper reached a fresh high Monday, up more than 40% in a year as Chilean output falls, demand grows and traders weigh possible US tariffs.
Oil prices rise due to escalating Middle East conflict and Strait of Hormuz supply risks
Oil prices have risen amid heightened Middle East conflict and concerns over supply disruptions in the Strait of Hormuz.
Goldman Sachs raises oil forecasts on Middle East shipping risks
Goldman Sachs lifted Brent and WTI forecasts by $5 for December 2026, citing prolonged Middle East shipping disruptions and possible Gulf supply gaps.
Gold prices climb as the US dollar eases, with markets awaiting upcoming US inflation data
Gold prices rose as the dollar weakened, with investors awaiting US inflation data.
Gold gains as U.S. dollar eases ahead of inflation data
Precious metals rise and the dollar weakens as markets position ahead of key U.S. inflation readings.
Gold Prices Rise as Dollar Weakens Ahead of US Inflation Data
Gold climbed as the US dollar eased, with markets looking toward upcoming US inflation figures for direction.
Gold slips as yen rallies, oil gains tempered by Fed hike odds
Spot gold fell 0.7% to $4,375.66 per ounce while Brent crude edged up to $97.13 as a stronger yen weakened the dollar and Fed rate‑hike probabilities hovered near 60%.
Oil Prices Rise on Middle East Conflict and Strait of Hormuz Supply Concerns
Crude markets climb as geopolitical tensions escalate and shipping routes through the Strait of Hormuz face growing disruption risks.
Oil Prices Rise on Middle East Conflict Risks and Strait of Hormuz Supply Concerns
Oil prices climbed as escalating tensions in the Middle East heightened concerns about potential disruptions to shipments through the Strait of Hormuz.
Gold prices steady near $4,400 an ounce amid Middle East tensions and US dollar movements against the yen
Gold prices held steady near $4,400 an ounce as traders monitored Middle East tensions and fluctuations in the US dollar versus the yen.
California diesel prices climb significantly, approaching $8.30 per gallon
Diesel prices in California have risen sharply, nearing $8.30 per gallon.
Maritime trackers report an attack on shipping near the Strait of Hormuz, raising concerns over oil supply disruptions
Maritime trackers say an attack on vessels near the Strait of Hormuz has raised concerns about possible oil supply disruptions.
Gold steadies near $4,400 per ounce amid Middle East tensions and USD/JPY moves
Bullion held near the $4,400 level as Middle East tensions and currency movements in USD/JPY kept the metal in focus.
Gold steadies near $4,400 an ounce amid Middle East tensions and US dollar movements against the yen
Gold steadied near $4,400 per ounce as Middle East tensions and US dollar moves against the yen were observed.
Oil prices rise to six‑week highs as US‑Iran conflict escalates, OPEC+ keeps October output policy
Oil prices climbed to six‑week highs amid escalating US‑Iran conflict and Middle East attacks, while OPEC+ maintained its October output policy.
Oil prices extend gains following tit-for-tat strikes between the U.S. and Iran on vessels in the Strait of Hormuz
Oil prices rose after reciprocal strikes by the United States and Iran targeted vessels in the Strait of Hormuz.
Halbleiter-Aktien profitieren von KI-Nachfrage und asiatischen Märkten
Positive US- und asiatische Marktentwicklungen stützen europäische Halbleiteraktien, während die KI-Rechenleistungstrend weiter dominiert – mit Fokus auf Energiebedarf als kritischer Wachstumsfaktor
Oil prices extend gains following U.S. and Iran tanker strikes in the Strait of Hormuz
Oil prices extended gains following U.S. and Iran tanker strikes in the Strait of Hormuz.
AI data centres spur energy demand as DAX falls below 26,000
Middle‑East tensions, higher oil prices and rising rate worries pushed European markets lower on Tuesday, while analysts warn that AI‑driven power needs could create new opportunities for energy firms.
Shell reshapes US power portfolio with gas plant acquisition and a $715 million sale
Shell is restructuring its U.S. power assets through a gas plant acquisition and a $715 million sale.
Oil rises as U.S. strikes Iranian tankers in Strait of Hormuz
Brent crude gained 1.1% to $97.36 a barrel and WTI rose to $92.46 as U.S. forces disabled three Iranian tankers, while vessel traffic in the strait fell to its lowest level since May.
Gold falls 0.6% to $4,403.69 as payroll data lifts Fed hike odds
Spot gold slipped to $4,403.69 per ounce, while Brent crude hovered near $97, as strong U.S. payrolls raised the market’s view of a September rate hike to about 60%.
Iran fuels near‑term oil price surge as Venezuela’s output remains years away
Investing.com analysis says escalation with Iran is adding a geopolitical premium that has pushed crude above $90 a barrel, while Venezuela’s planned 1.5 mb/d expansion is unlikely to affect current market tightness for 3‑5 years.
Gold Futures Slip Below $4,444 as Stagflation Risks Rise
Gold futures fell to $4,440 amid record U.S. diesel prices, Middle‑East tensions and a Trump‑led push for lower Fed rates, heightening stagflation concerns.
India's Crude Oil Basket Tops $100 as Middle East Conflict Fuels Prices
India's average import price rose to $101.07 per barrel, the first breach of $100 since May, as global crude rallied amid heightened Middle East hostilities, pushing the import bill higher.
Oil Near $100 Weighs on European Stocks
Brent and WTI climb 1.7% to $97.9 and $93.0 as the SMI, DAX and EuroStoxx50 slip and central banks brace for higher rates.
Goldman Sachs says oil could reach $120 if Middle East shipping risks rise
Goldman Sachs warns crude could climb to $120 per barrel if shipping disruptions in the Middle East intensify, citing recent attacks and a possible Iranian exclusion zone.
Gold faces pressure from inflation worries and rising yields, analysis says
Investing.com analysis notes that higher oil prices, Treasury yields and a hot CPI could push gold below $4,310, with $4,100 and $4,000 as next support levels.
Gold bears eye $4,275 as correction deepens
Investing.com analysis says gold is testing $4,360 support; a break could push the metal toward $4,275, though the long‑term bullish trend remains intact.
Gold's structural bid persists despite near‑term rates headwind
Investing.com analysis says sovereign and institutional demand keeps a $4,000/oz support level alive even as strong US payrolls lift yields and the dollar.
Brent climbs 1.1% to $97.31 as US‑Iran strikes resume; Nvidia CEO says AGI era has arrived
Brent crude rose to $97.31 a barrel after U.S. forces disabled three Iranian tankers, while shipping through the Strait of Hormuz hit its lowest level since May. Nvidia CEO Jensen Huang announced the arrival of artificial general intelligence.
Gold targets $4,590‑$4,641 decision zone as recovery gains momentum
Gold trades near $4,527, above the daily VC PMI mean, with the analysis flagging a $4,590‑$4,593 resistance cluster as a key decision area and support near $4,458.
Silver analysis sees breakout targets near $68.9 and $71
Investing.com technical analysis notes silver closed near $67.34 after rebounding from a $63.88 low, with potential moves to $68.89 and $70.95 if resistance holds, while outlining key support zones.
TotalEnergies secures 4 million barrels in Brazil federal oil auction, Petrobras takes 900,000
TotalEnergies bought three lots totalling 4 million barrels from the Búzios field, while Petrobras acquired a single lot of 900,000 barrels from Atapu. Four lots remained unsold and will be re‑auctioned in September.
Iran buries wedding attack victims as oil climbs above $96 a barrel
Iran held funerals for victims of a U.S. strike on a wedding venue while retaliatory attacks on regional targets pushed Brent crude futures above $96 per barrel.
Gold Futures Rise 2.5% as Rate-Hike Odds Slip, Analysis Warns of CPI Risk
Gold futures jumped to $4,526.20, driven by lower September‑rate‑hike odds, while the analysis notes the metal now behaves like a short‑duration rate instrument and could face pressure if August CPI comes in hot.
Laramide files technical report for Westmoreland uranium project
Laramide Resources filed a July 22 technical report outlining a preliminary economic assessment for its 100%-owned Westmoreland uranium project in Queensland, recommending a move to a pre‑feasibility study.
Helix Exploration faces regulatory pause at Montana helium facility
Montana Oil and Gas Conservation Board ordered a halt to production at Helix Exploration's Rudyard helium plant pending clarification of gas‑management procedures.
Nigeria seen doubling energy investment within five years: IEA chief
IEA's Fatih Birol forecasts Nigeria's energy investment could rise to at least double current levels by 2031 following its associate membership in the Paris-based energy watchdog.
Visible Gold acquires 51% stake in Quebec’s Sakami gold property
Visible Gold Mines takes majority control of the 250 sq km Sakami property in James Bay, Quebec, with plans to expand to full ownership by January 2027. Deal includes share issuance and a 1% royalty for the vendor.
TotalEnergies acquires 40% stake in Namibia’s PEL 83 oil license
French energy major TotalEnergies secures operated interest in Orange Basin license containing 1.3 billion barrels of oil equivalent. Exploration campaign planned for Q4 2026.
U.S. natural gas storage rise matches forecast, easing price volatility
EIA data shows 30 billion cubic feet increase in inventories, doubling the prior week's gain and aligning with market expectations to steady gas prices.
Russia to supply 50 billion cubic meters of gas to China in 2026
Moscow plans to deliver the volume via the Power of Siberia pipeline and through Kazakhstan. Gazprom and CNPC are negotiating a second link, Power of Baikal.
Arabica coffee hits 5-week low; sugar falls from 16-month peak
Arabica futures slid to a five-week trough on robust Brazilian supply, while raw sugar retreated from a 16-month high after a technical correction. Cocoa also eased from yearly peaks.
Russia to deliver 50 billion cubic meters of gas to China by 2026
Gazprom and CNPC advance plans to ship 50 bcm of gas annually via Power of Baikal pipeline, with intergovernmental talks set for this week.
Iron ore prices rise on China blast furnace activity rebound
China’s iron ore futures advanced as blast furnace utilization climbed to an eight-week high, while Singapore-traded contracts also gained. Analysts cite easing supply curbs and stronger steel exports.
Industriemetalle als Depotbeimischung: Kupfer und Zink im Fokus
Kupfer, Zink und andere Industriemetalle profitieren von KI-Boom und Energiewende. Experten raten zu 5–10% Beimischung in diversifizierten Portfolios als Inflations- und Krisenpuffer.
Global bond rout deepens on oil surge, fiscal fears
Yields hit multi-decade highs as crude nears $95, debt concerns mount in Europe and Japan amid Middle East tensions. Traders price 70% odds of a Fed hike.
Wine Bank Zürich spotlights underrated Pinot Meunier in Champagne tasting
The Wine Bank Zürich hosted an event focused on Pinot Meunier, the oft-overlooked third grape of Champagne, featuring 13 rare bottles and guided by sommelier Jelena van Eerdenurg.
European wheat prices fall after Putin comments on Ukraine peace talks
December milling wheat on Euronext drops 3.2% to €248.5 per ton as traders weigh limited progress in peace talks. Chicago wheat futures also retreat from multi-year highs.
Turkey’s central bank adds 16 tons of gold to reserves after swap maturity
Gold reserves rose to 791.4 tons following the final U.S. dollar-gold swap in a series initiated during the Iran war. The central bank did not disclose terms.
Turkish central bank adds 16 tonnes of gold to reserves after swap expiry
The Central Bank of Turkey increased its international gold reserves by 16 tonnes to 791.4 tonnes following the maturity of a dollar-for-gold swap. The transaction was valued at approximately $1.8 billion.
South African rand gains as dollar slides; gold strengthens
The rand advanced 0.3% against the dollar while gold prices rose, as the U.S. dollar index fell 0.6% and global investors awaited key U.S. employment data.
US stocks cautious as oil prices rise; Swiss franc strengthens on inflation data
Dow Jones and Nasdaq futures show muted gains ahead of key U.S. jobs data, while rising oil prices and geopolitical tensions curb risk appetite. Swiss franc surges to 0.9392 per euro after unexpected inflation jump.
Scorpio Tankers reports Q3 2026 TCE rates, charters three vessels
Scorpio Tankers disclosed daily TCE revenue rates for Q3 2026 and secured three-year charters for two LR2 and one MR tanker. Fleet expansion includes newbuild deliveries through 2030.
European natural gas prices retreat after hitting war-era peaks
Dutch front-month contract falls 1.7% as traders take profits; British NBP drops 2.7% from multi-year highs amid Middle East tensions.
S&P warns on risks in China's credit rating practices
Agency flags discrepancies in local ratings vs global standards as regulators push for reform. China's bond market faces growing scrutiny over rating concentration.
Impala Platinum posts R31.7 bln profit, reserves up 9% in FY2026
South African miner reports record earnings and free cash flow, declares R17.1 bln in dividends as platinum group metals prices surge. Reserves rise to 53.8 mln ounces.
Wheat hits 3-year high as Black Sea tensions disrupt grain exports
Chicago wheat futures surged to $7.84 per bushel, the highest since 2023, amid escalating military activity in the Black Sea that threatens Russian and Ukrainian grain shipments.
Gold steadies below $4,600 ahead of Fed’s Warsh speech at Jackson Hole
The metal’s 16% August rebound faces its first major test as traders await Friday’s Jackson Hole address by new Fed Chair Kevin Warsh. Market reaction to Wednesday’s sticky inflation data underscores the thin line between further gains and a reversal.
Oil edges lower amid U.S.-Iran strike uncertainty
Crude prices slipped as market participants assessed potential supply risks tied to escalating geopolitical tensions.
Gold holds near $4,400 after Trump comments ease oil rally
Gold futures advance 0.3% as Middle East tensions ease; silver slips 0.1%. Fed speakers signal inflation progress while ADP jobs data miss estimates.
Gold steadies near $4,400 after rebound as Trump, Fed ease inflation bets
Gold held around $4,400 per ounce on Thursday after a 1% rebound as remarks from U.S. President Donald Trump and a dovish signal from a top Fed official eased inflation concerns. Silver slipped 0.1%.
Gold slumps 5.25% on week as yields surge past 4.8%, breaking key supports
Non-yielding metal falls to lowest since Aug. 19 as 10-year Treasury yield hits 4.81%, erasing year-to-date gains; Fed hike odds jump to 70% by Wednesday.
Wheat futures retreat in Chicago after multi-year highs
Chicago wheat fell 8.5 cents to $7.74 per bushel Wednesday, paring gains after overnight highs amid Black Sea export concerns and profit-taking.
Gold.com posts record $5 bln Q4 revenue, net income rises 18%
Precious metals retailer Gold.com reported a near-doubling of revenue to $5 billion in Q4 2026, while net income increased 18% to $12.2 million. Full-year revenue surged 132% to $25.5 billion.
Raw sugar hits 16-month high; arabica coffee falls 3.7%
ICE raw sugar futures rose 1.9% to 18.70 cents per pound, while arabica coffee dropped to a five-week low as Brazilian exports recovered. Cocoa prices also fell after a surge to one-year highs.
Trump scraps Iran MOU, oil climbs above $88 as Hormuz talks stall
U.S. revokes June accord aimed at reopening Strait of Hormuz as Iran-linked shipping incidents rise and new sanctions expand economic pressure. Brent crude advances to $88.28.
Heat and floods threaten China's key crop harvests
Extreme weather in major growing regions risks lowering corn, soybean and cotton yields, potentially lifting imports of feed grains and U.S. agricultural products.
Green Pool cuts 2026/27 global sugar deficit forecast to 3.24 mln tons
Revised estimate reflects higher Indian output and Russian beet trials, offsetting EU and UK declines amid drought pressures.
Soybean futures reach contract highs on Chinese demand
Futures prices climb to the highest level in the current contract cycle amid reported buying interest from China.
Brazil extends crude oil export tax for 60 days after court ruling
Camex approves 12% levy extension as legal dispute with oil firms persists; ruling suspending the tax prompted temporary reinstatement.
Gold futures drop 3.2% in U.S. session as dollar strengthens
December gold futures fell to $4,514.16 per ounce, pressured by a 0.52% rise in the U.S. Dollar Index to 99.61. Silver and copper also declined.
Brazil coffee exports revised higher by 1.23 million bags in August
Cecafé corrected partial August export data after a system error undercounted shipments from the Santos port. Arabica futures fell before partially recovering.
Trump to meet refiners as Iran war lifts U.S. gasoline prices ahead of midterms
President Donald Trump plans to convene with major U.S. refiners and fuel retailers next week to discuss measures to curb gasoline prices, which have risen amid tensions with Iran and the ongoing war that began in late February.
US energy rig count steady at 588 as oil rigs dip, gas rises
Total US energy rigs held flat at 588 in the latest week, with oil rigs falling 5 while gas rigs rose 5. Year-over-year growth remains strong at 9.7%.
Trump administration in talks to take stake in Venezuela's oil sector
U.S. officials discuss equity participation in Venezuela’s oil resources amid ongoing sanctions review. Negotiations follow recent crude shipments despite embargo restrictions.
Northwest Europe gasoline refining margins hit 18-month high
ARA hub inventories fell to five-year lows, lifting margins to $46.74 per barrel amid rising Rhine water levels and Middle East supply shifts.
EverGen posts 71% revenue growth in Q2 2026 turnaround
Renewable natural gas producer beats forecast with CAD 4.8 million in revenue, narrowing net loss and raising run-rate EBITDA target. Adjusted EBITDA surged 416% year-over-year.
Brazil extends crude oil export tax by 60 days amid legal dispute
Camex approves 12% tax extension after court ruling suspends levy, leaving future of collection unresolved. Decision follows legal challenge from oil sector.
Trump proposal may curb Argentina beef exports to U.S. amid quota shift
A proposed 90-day tariff-free beef quota of up to 300,000 metric tons could redirect U.S. demand away from Argentina, which has tripled shipments this year.
Amprius unveils 500 Wh/kg battery cell for aviation applications
Silicon anode-based cell targets long-endurance drones and high-altitude platforms, with commercial production slated for late 2026. Airbus subsidiary AALTO HAPS has used Amprius batteries since 2018.
Iron ore prices fall as steel mill margins tighten, inventories rise
Singapore-traded iron ore futures slipped below $100 per ton as rising coking coal costs and higher port stocks weighed on steelmakers' profitability.
Swiss shares rise as defensive stocks lead; gold rallies on softer jobs data
Swiss Market Index edges higher as Roche and other defensive stocks gain; gold jumps 0.63% on dovish US jobs report and weaker dollar. US semiconductor and software stocks diverge in premarket trading.
CBOT wheat futures set to fall after multi-year high
Soft red winter wheat December contracts down 6-3/4 cents to $7.75-3/4 per bushel after peaking since 2023 on Black Sea export disruptions.
Silver’s rally masks structural supply constraints tied to zinc, lead
Byproduct silver output from lead and zinc mines, which account for 74% of global supply, faces constraints as zinc treatment charges hit record lows and mine production declines.
Vivakor Supply & Trading forecasts $270M Q3 2026 revenue from oil trading
The subsidiary’s preliminary outlook for the three months ending September 30, 2026, reflects contracted crude oil volumes and current pricing assumptions. Revenue guidance differs from annualized commercial activity estimates.
Vox Royalty acquires 2% royalty on White Dam gold mine for A$5 million
The acquisition expands Vox Royalty’s portfolio with a 2% net smelter return on the South Australian mine, previously operated by Broken Hill Gold. The deal follows recent drilling results at White Dam North.
Greenland Mines completes rare earth project acquisition in Greenland
The deal for the Sarfartoq neodymium-praseodymium project includes $20M cash and $15M in securities. Neo Performance Materials gains strategic stake and off-take rights.
India soybean oil imports hit record in August as refiners stockpile ahead of festivals
Soybean oil imports surged 21% to 601,000 tons, while total edible oil inflows rose 4% to an 11-month high. Sunflower oil shipments fell 38% amid Black Sea disruptions.
Gold falls as Fed hike odds rise; Iran conflict adds pressure
Fed rate expectations surge after hawkish remarks, while geopolitical tensions in the Strait of Hormuz weigh on the metal. Gold tests August lows as traders reassess safe-haven demand.
Ships add jury-rigged anti-drone shields amid Black Sea escalation
Cargo and tanker operators deploy water tanks, tyres and netting to counter drone threats as attacks on maritime traffic intensify. Russia and Ukraine both blame the other for escalating strikes.
Dutch central bank moves gold from U.S., Canada to London for liquidity
The Netherlands' central bank shifted 86 tonnes of gold reserves to London in the past six months to enhance tradability and crisis preparedness. No change in total holdings reported.
Orogen Royalties buys two Utah gold projects in $1.2m deal
Acquisition adds undrilled Toro de Oro and El Gigante prospects in southwest Utah’s caldera complexes. Triple Flag backs the alliance as Orogen plans September 16 showcase.
Goldcana to acquire 100% stake in La Sarre gold project via option deal
Goldcana Resources plans to acquire the La Sarre Gold Project in Quebec through an option agreement, funding the deal via a $2 million private placement. The project spans 48,615 hectares with 50 km of greenstone geology.
European cement prices diverge in July, France leads gains
France posted the strongest monthly increase in cement prices, while Germany and the UK lagged. Year-over-year gains ranged from 1.2% to 4% across major markets.
Oil rebounds as Russia-Ukraine war risks overshadow Iran concerns
Crude prices reversed losses after reports suggested Russia may escalate its war effort, while grain and fertilizer markets surged. U.S. natural gas futures climbed to a four-week high amid late-summer heat forecasts.
European gas prices surge to three-year high amid Persian Gulf tensions
Dutch front-month contract hits 74.32 euros/MWh, surpassing 2023 peaks as Strait of Hormuz disruptions threaten LNG transit. European storage remains below seasonal norms.
Chevron to invest over $7 billion in Venezuela over five years
U.S. oil major plans to boost output at Venezuelan ventures to 600,000 bpd with costs below $20 per barrel. Expansion follows political transition in Caracas.
Scorpio Gold reports high-grade assay results at Nevada project
Drilling program at Manhattan District yields up to 3.02 g/t gold over 48.92m, expanding inferred resources to 740,000 oz. Phase two program covers 32,585m across 114 holes.
Lindt & Sprüngli cuts costs with ski weekend cancellation, hiring freeze
Swiss chocolate maker suspends annual ski event and tightens hiring amid efficiency drives to offset surging cocoa costs. Christmas party also at risk, spokesperson confirms.
Brazil corn harvest forecast raised for 2026/27; sorghum cut for 2026
Safras & Mercado projects Brazil’s corn output at 145.6 million tons for 2026/27, up from 139.3 million in 2025/26, while trimming sorghum to 4.55 million tons amid dry conditions in key states.
EKPO, Akkodis test 400 kW hydrogen fuel cell stack in heavy-duty truck
EKPO and Akkodis integrate the NM20 stack into a 40-tonne hydrogen truck for real-world logistics testing, aiming to validate performance under operational conditions and accelerate industrialization of fuel-cell systems.
Gold consolidates near $4,600 ahead of Fed’s Jackson Hole speech
Bullish momentum stalls as traders book profits above $4,700; technical levels and geopolitical risks shape near-term outlook ahead of central bank symposium.
New study questions climate resilience of robusta coffee
Research published in *Sustainable Development* challenges the long-held belief that robusta coffee is more resilient to climate change than other varieties, citing flawed past assessments and rising global demand.
Qatar’s Estithmar launches QAR 900m sukuk exchange offer
Offer replaces 2027 certificates with 2029 tranche at 9% yield, seeking QAR 1bn in new issuance. Consent vote deadline Sept. 14.
Oil tanker hit by projectile in Strait of Hormuz amid Iran conflict
Attack on commercial vessel comes as Iran blocks key shipping route and diplomatic talks aim to ease tensions. No casualties or environmental damage reported.
Bharat Petroleum to receive first Iraqi oil cargo of FY25 within days
Indian refiner Bharat Petroleum expects its first Iraqi crude shipment of the fiscal year to arrive at Fujairah within days, following a ship-to-ship transfer. The cargo underscores India's efforts to diversify oil sources amid Strait of Hormuz disruptions.
U.S. strikes on Iran, rising yields drive market caution ahead of Fed data
S&P 500 futures flat as investors weigh geopolitical risks and 10-year Treasury yields near three-year highs. Bank of Canada rate decision awaits.
FTSE 100 slips 0.3% as Iran-U.S. strikes lift oil prices
London stocks fell Wednesday as geopolitical tensions in the Middle East drove Brent crude above $95 per barrel. The FTSE 100 dropped 0.3% in early trade, while the pound eased against the dollar.
Gold plunges 10% in six sessions after hawkish Fed remarks
December gold futures drop from near $4,755 to about $4,330 in six sessions as hawkish Jackson Hole comments shift rate expectations. Traders weigh further downside against potential technical rebounds.
Gold falls to two-week low as U.S.-Iran tensions and Fed hike bets weigh
Bullion drops for a fourth straight session on rising oil prices, stronger dollar and expectations for higher U.S. interest rates. Technicals point to further downside toward key moving averages.
Arkadian completes 2026 field work at Greenland critical metals project
Arkadian Strategic Metals collected bulk samples and conducted hyperspectral scans at its Motzfeldt project in South Greenland, with results en route to the UK for analysis.
Petrobras e Seatrium lançam duas FPSOs no campo de Búzios
As novas unidades de produção flutuante entram em operação no maior campo de petróleo do Brasil.
Asian gold miners fall as bullion slides to three-week low
Sumitomo Metal Mining leads declines with an 11% drop after gold prices retreat to multi-week lows. Regional miners down 2-11% as macro pressures weigh on the metal.
U.S. natural gas futures fall 1.9% in Friday session
October contract drops to $2.86 per MMBtu as broader energy complex weakens; dollar index rises 0.57%.
UBS flags commodities as inflation hedge amid Middle East risks
Strategists recommend broad exposure to energy, metals and agriculture as geopolitical tensions and weather patterns reshape supply. Brent crude near $87, European gas at 65 euros/MWh.
Qatar, Kuwait restore 70% of pre-war oil exports via Hormuz
Ship-to-ship transfers in Gulf of Oman help Gulf states bypass Strait chokepoint amid regional conflict. Total Hormuz flows rebound to 7-8 million bpd.
Oil falls as Qatar-Qatar seeks Hormuz talks amid Iran tensions
Crude declines for a fourth session as Qatar’s PM visits Tehran to discuss Strait of Hormuz navigation; traders weigh geopolitical risks against diplomatic signals.
Robusta coffee's climate resilience challenged in new study
Research from Kew's Royal Botanic Gardens disputes the widely held view that robusta coffee is more resilient to climate change than other varieties. The study highlights flaws in prior research and questions the crop's suitability for future production.
Angola-focused Etu Energias to acquire Chevron oil blocks for undisclosed sum
Etu Energias signed an agreement with Chevron to purchase its stakes in Angola’s Blocks 14 and 14K. The deal follows Energean’s earlier US$260 million acquisition of the same assets.
Oil futures slip as Middle East tensions ease temporarily
Brent and WTI decline 1.5% as geopolitical risk premium softens on signs of restrained U.S. action against Iran and Oman-Iran talks. Structural risks remain elevated amid unresolved conflicts.
Gold rallies as dollar stumbles; analysts eye $5,000 target by 2026
Precious metal benefits from dollar weakness and rising inflation expectations, drawing inflows into gold ETFs. Analysts upgrade forecasts as Fed rate hike odds fade.
Akkodis, EKPO integrate hydrogen fuel cell stack into logistics truck
Engineering firm Akkodis and fuel cell specialist EKPO have deployed the NM20 stack in a hydrogen-powered heavy-duty truck for real-world validation, aiming to refine system integration and performance.
European gas prices steady near one-week lows amid Strait of Hormuz talks
Dutch front-month contract holds at €65.61/MWh as diplomatic progress in the Persian Gulf offsets storage deficits ahead of winter. British wholesale gas futures trade at 160.50p/therm.
Sydney property slump deepens as prices fall 7% from peak
Australia's housing market downturn spreads nationwide after tax changes and higher borrowing costs trigger a 20% drop in mortgage applications. Sydney's prices decline for fifth straight month.
Global bond rout deepens as oil prices surge past $92; UK 30-year gilt yields hit 28-year high
Long-term UK borrowing costs rise to levels last seen in 1998 as oil climbs above $92 a barrel, while eurozone inflation hits a three-year high. Global bond markets extend sell-off amid inflation and fiscal concerns.
Gold falls to two-week low on hawkish Fed bets, geopolitical risks
Gold traded near $4,460 per ounce as rising oil prices and hawkish signals from the U.S. Federal Reserve intensified rate-hike expectations. Geopolitical tensions in the Strait of Hormuz added further pressure.
Dollar rebound, Treasury yields pressure gold into bear pennant
The U.S. dollar’s recovery, led by higher front-end yields after a hawkish speech, has pushed gold into a narrowing bearish pattern. Technical indicators warn of further downside unless resistance holds.
OPEC+ Is Losing Its Grip: Why the Cartel’s Decline Redefines the Oil Market
China’s pullback and the Iran conflict are chipping away at OPEC+’s market share, ushering a more volatile, market‑driven oil regime that will echo across commodities.
Andfjord Salmon posts NOK 51.3m Q2 2026 revenue as biomass nears 2,000 tonnes
Norwegian salmon farmer reports first commercial post-smolt sale revenue while scaling up production at Kvalnes facility. Operating loss narrows to NOK 21.6m despite continued investment phase.
Harmony Gold posts record earnings, HEPS up 87% on copper growth
South African miner reports FY26 net profit of R29.5 billion, with headline earnings per share jumping 87% as CSA copper mine integration drives revenue to R99.2 billion.
Flash flood in Nepal, China leaves nearly 1,500 missing, 362 dead
Rescue operations continue after a glacial collapse triggered a flash flood in Nepal and China, with authorities warning of further risks from rising water volumes. Nearly 1,000 remain missing, including over 500 foreigners.
OPEC+ loses oil market sway as Iran war shifts balance to China
OPEC+'s share of global oil output has fallen below 40% amid war-related disruptions, while China's reduced imports and logistical constraints erode the cartel's influence. Brent crude holds near $88.
Empire Metals posts wider H1 loss as Pitfield spending rises
UK titanium explorer Empire Metals reported a deeper first-half loss as project costs rose, despite raising £8 million and selling a mining lease. The company advanced metallurgical testing at its Pitfield deposit.
Global green coffee exports rise 0.8% in June, ICO reports
June shipments reached 10.48 million 60-kg bags, driven by a rebound in Brazil naturals Arabica after 15 months of declines. Robusta exports fell 2.1%.
Oil prices ease on progress in Strait of Hormuz talks
Brent crude and U.S. WTI dip as diplomatic efforts in the Gulf reduce supply disruption risks, while traders assess demand signals.
Canada drops seafood from list of U.S. retaliatory tariffs
Ottawa removes seafood and fish products from counter-tariff schedule after industry feedback, while matching new U.S. duties dollar-for-dollar. Measures take effect September 8.
Wheat hits daily limit on Black Sea export concerns after Russia-Ukraine strikes
Chicago wheat futures surged 45 cents to $7.4825 per bushel, triggering limit-up moves as missile strikes on Ukraine raised fears over Black Sea grain exports. Corn and soybeans also hit multi-year highs.
Hochschild Mining H1 profit jumps 243%, lifts 2026 cost guidance
Revenue surged 62% to $844.4 million as gold prices climbed, while adjusted EBITDA more than doubled to $491.5 million. The miner raised its 2026 all-in sustaining cost target to $2,380-$2,500 per ounce amid inflation and stronger local currencies.
Hochschild Mining posts 62% revenue rise in H1, lifts dividend
Revenue jumped to $844.4 million in the first half of 2026, while adjusted EBITDA more than doubled to $491.5 million. The miner declared an interim dividend of 4 cents per share.
UK energy bills to rise 4% in October as wholesale costs climb
Standard variable tariffs for electricity and gas will increase by 4% from October 1, 2026, under the UK energy price cap adjustment. Regulator Ofgem sets the cap every three months.
UK energy price cap to rise 4% for households from October
Default tariff customers in England, Scotland and Wales face higher electricity and gas costs under the new quarterly price cap, with VAT removed from power bills through March 2027.
Shuka Minerals finds 70% zinc grade in Zambia drilling results
Drilling at Kabwe mine reveals high-grade zinc intervals, including a 18.4-meter zone at 7.45% zinc and a peak 69.6% zinc reading. Resource estimates updated following Behre Dolbear’s 2023 NI 43-101 report.
Asian gold miners rise as bullion nears record, valuations expand
Zhaojin Mining, Chifeng Jilong Gold and Genesis Minerals among companies outperforming as gold prices gain 15.5% in a month. Zijin Mining remains Asia’s largest gold miner by market cap.
Arabica coffee falls 4% from six-week high on supply, weather concerns
Arabica coffee prices retreated to a two-week low after Tuesday's surge as harvest progress in Brazil and EU sugar production outlook weighed on the market.
UK energy price cap rises 4% to £1,723 as gas costs surge
Average annual household bills increase by £60 from October, driven by higher wholesale gas prices tied to Middle East tensions. VAT removal on electricity limits broader impact.
Trump signs order to ease beef prices via expanded imports
Proclamation cuts tariffs on 300,000 metric tons of lean beef trimmings for 90 days starting Sept. 1. U.S. farm groups warn move could harm domestic ranchers.
Agilyx triples European recycling capacity with H1 2026 pivot
Norwegian plastics recycler posts EUR 9.7m net profit in H1 2026, driven by GreenDot consolidation and one-time gains, as capacity jumps to 175,000 tons. Regulatory tailwinds support long-term growth targets.
Oil ends lower as Hormuz talks ease supply disruption fears
Brent and WTI futures fell after a volatile session as investors weighed partial reopening talks for the Strait of Hormuz. U.S. crude inventories rose more than expected.
Gold futures slip in Asian trade as dollar firms
December gold futures on Comex fell 0.14% to $4,700.85 per troy ounce, while the U.S. dollar index gained 0.08% to 98.92.
Markets await U.S. PCE data, Nvidia earnings after oil, gold gains
Brent crude fell over $2 to $86.22 as Iran-Oman talks on the Strait of Hormuz resumed. Spot gold and bitcoin neared three-month highs ahead of U.S. inflation data and Nvidia’s earnings.
Qatar loses $24 bln in gas sales as LNG exports plunge 96% amid Iran war
Qatar’s liquefied natural gas exports have dropped to just 18 cargoes in five months, costing the Gulf state $24 billion. European gas inventories hit historic lows as U.S. exports partially offset lost supply.
Jiangxi Copper shares surge 12% on strong H1 profit, metal prices
China's Jiangxi Copper reported a near-doubling of net profit in H1 2026 as copper and gold prices rallied, lifting its shares in Hong Kong. The Hang Seng index also gained.
IMF says world economy weathering energy shock better than feared
IWF chief warns risks remain as oil prices ease from peaks but still exceed pre-war levels, while fiscal strains and trade imbalances persist.
Oil futures fall in Asian session; Brent at $85.07, WTI at $80.14
October WTI crude dropped 2.7% to $80.14 per barrel, while November Brent fell 2.52% to $85.07 as the dollar index held near 98.90.
Sandfire triples profit, returns to dividend after debt clearance
Mining firm posts record $1.7 bln revenue and $350 mln underlying profit in FY26, fully repays debt and declares 35-cent final dividend. Shares rise 7.5% in pre-market trading.
Oil prices fall over 2% as U.S.-Iran ceasefire report gains traction
Brent crude drops to $87.22 a barrel after Tuesday's 5% slump as shipping data shows reduced Strait of Hormuz traffic. Analysts warn geopolitical risk premium remains despite reported deal.
Paladin Energy posts $106m revenue beat, narrows annual loss
FY 2026 revenue rose 71% to $304m as Langer Heinrich mine ramp-up delivered 4.82m pounds of uranium. Net loss after tax narrowed to $9.1m.
Nickel Industries posts 46% EBITDA rise in H1 2026 on higher nickel prices
Adjusted EBITDA reached $247.6 million as nickel pig iron and LME prices surged 21% and 15% respectively. Net profit stood at $74 million, with Hengjaya Mine and RKEF operations driving growth.
Lynas shares drop 7% after FY26 update as costs weigh on outlook
Rare earths producer posts AUD 1.2bn cash position but warns of elevated costs; shares fall after production targets and cost guidance. Heavy rare earth separation slated for H1 2028.
Paladin Energy posts first positive cash flow as uranium ramp-up pays off
Full-year revenue jumps 71% to $304.3 million, while operating cash flow turns positive at $37.7 million after $3.8 million loss in prior year. Shares rise 3.3% on outlook.
Datacentrex invests $30 mln in liquefied natural gas producer Eagle LNG
Datacentrex acquires a 10.5% stake in Eagle LNG through a $30 million investment, expanding its energy and space-launch infrastructure exposure. Eagle LNG operates small-scale LNG infrastructure in the U.S. Southeast and Caribbean.
Brazil’s weight-loss pen market swells amid illegal trade and health risks
Authorities report over 3,600 complications linked to unregulated GLP-1 drugs since 2018, as demand outstrips supply and fuels a black market. Regulators tighten oversight amid rising seizures and fatalities.
Aqua Metals signs $135M lithium carbonate offtake deal with WMC Group
Non-binding agreement covers 100% of output from Aqua Metals' Project Headwaters, targeting 7,000 metric tons through 2032. Definitive terms due by September 2026.
Oil futures rise 2% as Middle East skirmishes resume
Crude prices rebound after a 4% pullback as limited clashes in the Strait of Hormuz fail to escalate. U.S. strikes on Larak Island and Iranian missile fire into Jordan underscore fragile regional tensions.
U.S.-Venezuela oil deal secures 65 bln barrels, faces legal scrutiny
Washington secures control over a fifth of Venezuela's oil reserves in a 25-year pact criticized for lack of transparency and potential legal challenges. The deal aims to bolster U.S. strategic reserves amid rising fuel costs.
Criterium Energy agrees to sell Indonesian gas under new deal
A Canadian energy firm has finalized a gas sales agreement with Indonesia's PGN as part of its regional expansion strategy.
U.S. to expand biofuel waivers for refiners, easing blending rules
White House expected to approve exemptions covering 1.8 billion renewable fuel credits as early as Monday, adding pressure on 2027 quotas. Decision aims to curb gasoline prices amid Iran conflict.
Japan’s crude oil imports rise 17% in July as US shipments surge
July crude imports reached 2.38 million barrels per day, driven by a near fivefold increase in U.S. supplies. Middle Eastern shipments fell 21.4% as regional share dropped to 58.9%.
EU naval forces board tanker suspected of Russia ties in Mediterranean
Operation EUNAVFOR MED Irini conducted flag verification on the MV SUN on August 30, citing suspected false-flag operation and links to Russia’s shadow fleet.
Criterium Energy signs long-term gas sales deal with Indonesia's PGN
Criterium Energy's subsidiary Mont D'Or Oil Tungkal Limited signed a take‑or‑pay gas sales agreement with PT Perusahaan Gas Negara, fixing price at $6‑7 per MMBtu and targeting first gas in September 2026.
Perpetua Resources advances Stibnite project construction in Idaho
Work progresses on the Stibnite Gold Project with housing deliveries, drilling results and federal approvals upheld. Modular plant inaugurated as funding from U.S. agencies tops $87 million.
Royal Road Minerals raises C$1M via non-brokered private placement
The Canadian miner issued 5 million shares at C$0.20 each to an existing institutional investor, with proceeds earmarked for drilling in Colombia and working capital. Regulatory approvals are pending.
Summit Midstream approves $100m expansion of Double E pipeline
Summit Midstream’s Double E Pipeline subsidiary secures 550 MMcf/d take-or-pay commitments and plans 135-mile expansion with $100m investment. ExxonMobil holds 30% stake in the project.
Bank of America warns of persistent inflation pressure on consumer goods firms
Commodity costs remain elevated into 2026, limiting pricing power for basic consumer goods companies despite recent food price declines. Energy and agricultural markets stay volatile amid geopolitical and climate risks.
BofA warns of persistent inflation pressure on consumer staples through 2026
Bank of America flags double-digit commodity cost swings and limited pricing power as key risks to margins for food and household goods producers in H2 2026.
Golden Arrow sells San Pietro copper assets to Capstone for $25 mln
The Canadian miner completed the sale of its San Pietro copper project in Chile to Capstone Copper for $25 million in shares, after receiving shareholder approval in August.
Golden Arrow completes sale of San Pietro copper assets to Capstone for $25 mln
Transaction includes 2.2 million Capstone shares issued to joint venture partners, with $6.55 mln in costs deducted. CEO cites value unlocking for San Pietro project.
Trump to meet U.S. refiners as gasoline prices exceed $4 a gallon
White House calls gathering to discuss refining capacity and Venezuelan crude imports after president accused refiners of profiteering. Exxon excluded following January clash.
Experts question US-Venezuela oil deal transparency
Legal and industry experts urge clarity on terms of the recently announced US-Venezuela oil agreement.
US oil stockpile depletes amid Iran conflict
Strategic reserves decline as the prolonged conflict with Iran continues to disrupt supply dynamics.
European gas surges to five-month high after US-Iran strikes
Dutch front-month natural gas contract jumps 4.7% to €70.10/MWh after U.S. strikes on Iranian missile sites in the Strait of Hormuz. Brent crude tops $90 as supply risks mount ahead of winter.
Barclays warns El Niño could trigger broad commodity price surge
Analyst Craig Rye sees 10-40% gains in palm oil, coffee and rice, while copper, aluminium and coal face supply risks from a projected strong El Niño event.
Rhein shipping bottlenecks persist despite rain-driven water level rise
Barge operators remain constrained by shallow drafts even as rainfall boosts Rhine water levels. Kaub gauge rises to 72 cm from 60 cm, yet remains far below 1.5-meter threshold for fully laden vessels.
German 10-year Bund yield hits 15-year high as oil, rates rise
Ten-year German government bond yield climbs to 3.29%, highest since 2011, as U.S. rate hawkishness and Brent crude at $89.80 per barrel fuel bond selloff. Two-year Bund yield also hits multi-year peak.
Energy stocks surge as U.S.-Iran tensions lift oil prices
Brent crude and WTI gained over 3% after U.S. strikes in the Strait of Hormuz; energy shares led premarket gains. Escalation follows failed diplomatic efforts to reopen a key oil transit route.
Energy stocks rise as oil jumps on U.S.-Iran tensions
U.S. oil benchmark WTI and Brent crude both climbed more than 3% after overnight strikes in the Gulf. Major energy names including Chevron and Exxon gained in premarket trading.
Asian stocks mixed ahead of Nvidia earnings; oil dips on Hormuz optimism
MSCI Asia-Pacific ex-Japan rose 0.12% as investors awaited Nvidia's third-quarter sales forecast of $104.2 billion. Brent crude fell over 2% to $86.41 amid signs of easing tensions in the Strait of Hormuz.
Lynas posts 27-fold profit surge as rare earth prices rally
Rare earth miner Lynas reported FY26 net profit of $222.4 million, up 27x from FY25, as sales revenue climbed 76% to $977.9 million amid higher rare earth prices.
Asian energy stocks fall as oil drops on Iran-Oman Strait of Hormuz talks
Brent and WTI crude futures declined over 2% as discussions between Iran and Oman over the Strait of Hormuz eased supply concerns. Regional energy equities followed suit, with Woodside Energy and SK Innovation among the hardest hit.
Asia energy stocks fall as oil drops on Hormuz talks optimism
Crude prices slid over 2% as Iran and Oman discussed easing shipping restrictions through the Strait of Hormuz, dragging energy shares lower across Asia and Europe.
Silver slumps below $68.89, risks deeper correction to $63.67
Technical analysis points to further downside as price breaks below key mean, while hawkish Fed comments and stronger dollar amplify near-term pressure on spot silver.
Gold slips below key support as Fed bets weigh on prices
Technical breakdown below 4,571–4,593 shifts short-term momentum bearish but long-term trend remains intact. Downside targets set at 4,454–4,432 if support fails.
Gold holds near-term support as analysis flags seasonal S&P risks
Weekly losses for gold follow yield-driven volatility, with analysis warning of seasonal equity-market fragility despite the metal's longer-term resilience.
Oil gains after U.S.-Iran strikes heighten Persian Gulf risks
ICE Brent briefly tops $90/bbl as weekend strikes raise concerns over Strait of Hormuz disruptions. Russia extends diesel export ban through September.
London Gas Oil tops $1,300 as technicals flash overbought signals
London Gas Oil futures surged past $1,300, with the contract 8.5% above its 20-period moving average and RSI at 73.46, while traders eye key resistance at $1,328.
WTI crude nears $87.69 resistance as technicals signal mixed signals
U.S. benchmark oil hovers near key resistance after a recent advance, while technical indicators suggest caution amid weak trend strength and overbought conditions.
Gold dips from three-month high as oil, rate cut bets ease
Spot gold fell 0.7% to $4,624.97 an ounce after a three-week rally, while oil slipped below $90 a barrel amid Middle East de-escalation talks. Fed policy expectations remain the key driver.
Gold slips from three-month peak as oil, yields retreat
Gold prices eased 1.4% after hitting a three-month high, while U.S. Treasury yields and oil also declined. Fed Chair Warsh's Jackson Hole remarks and geopolitical tensions added to market focus.
Brazil to tap U.S. beef quota as China tariffs pressure exports
Temporary U.S. import quota expansion of 300,000 tons aims to offset Chinese tariffs and China quota exhaustion for Brazilian beef exporters.
Oil prices fall as Iran-Oman talks revive Strait of Hormuz concerns
Brent crude and WTI decline after Iran and Oman resume talks on a temporary shipping route amid U.S. sanctions and regional tensions. Analysts warn of persistent geopolitical risk premium.
Perseus Mining posts 24% cash flow rise on higher gold prices
Gold miner reports $666 million in operating cash flow for FY26, driven by a 54% jump in cash flow per ounce sold. Production fell 23% as mines transitioned, but reserves rose 40%.
Perseus Mining posts 24% rise in H2 2026 cash flow, lifts dividend 87%
Gold miner reports $666 million operating cash flow, $1.5 billion revenue and record shareholder returns as production hits 405,000 ounces. FY2027 guidance targets 420,000-480,000 ounces.
U.S. oil prices fall 1.7% as Strait of Hormuz talks revive supply hopes
WTI crude drops to $80.99 after Iran and Oman resume talks on reopening the key shipping route. Losses extend a 3.1% decline from Tuesday.
Iran, Oman discuss Hormuz corridor amid U.S. standoff
Tehran and Muscat explore temporary navigation route in Strait of Hormuz while Washington warns of penalties for Iran-linked trade. Tanker struck near Oman, U.S. cites assassination plot against Barron Trump.
Liontown posts maiden profit on record lithium revenue, shares rise
Liontown Resources reported a first underlying profit of AUD 14 million for FY 2026 as revenue surged 113% to AUD 639 million, driven by higher spodumene prices and expanded production from its Kathleen Valley mine.
Gold steadies near $4,465 after sharp selloff as Fed hike bets rise
Gold prices recovered slightly after a 3.2% drop on Friday, while silver and platinum advanced. Fed Chair Kevin Warsh’s hawkish remarks revived expectations for a September rate hike.
Liontown Resources posts first annual profit on lithium rebound
Australian miner Liontown Resources swung to a A$93 million net profit after lithium prices surged in H2, with revenue nearly doubling to a record A$639 million.
Asian stocks fall as oil prices rise and yields remain elevated
Regional equities decline as Brent crude approaches $90 a barrel and U.S. Treasury yields stay near recent peaks. Investors weigh Fed policy signals ahead of key data releases.
Oil prices fall as war premium unwinds faster than supply recovers
WTI and Brent drop for a third straight session as diplomatic signals reduce Middle East supply risks. U.S. inventory builds and softer-than-expected sanctions add to bearish momentum.
Swiss diesel prices stay high despite falling Brent crude
Diesel at Swiss pumps holds near 2.20-2.30 francs/litre even as Brent crude dips 7% to $87/bbl. Global refining shortages, Russian export ban and record-low U.S. distillate stocks keep costs elevated.
AngloGold Ashanti resumes full gold concentrate processing in Brazil
Company reactivates second plant at Queiroz Complex with R$105 million investment, restoring 280,000 tons annual capacity after 2022 shutdown.
Oil, U.S. yields drop as global markets stabilize
Brent crude slid below $90 a barrel while U.S. Treasury yields fell up to 8 bps. European stocks rose as economic data improved, while gold hit a three-month high.
Trump bans foreign bulk-power equipment from U.S. grid on security grounds
Executive order targets foreign-made equipment in electricity infrastructure, citing national security risks. Energy Secretary to set operating conditions for existing systems.
Iran, Oman near temporary Strait of Hormuz corridor deal as U.S. impasse persists
Tehran and Muscat have held about a month of talks on a temporary shipping corridor through the Strait of Hormuz, with Iran linking any opening to U.S. sanctions relief and an end to blockade conditions.
Euronext wheat jumps to one-month high on Black Sea export disruption fears
Benchmark Euronext wheat futures rose 0.6% to €246.75 per metric ton after Bloomberg reported Russia may escalate strikes on Ukraine, threatening Black Sea grain shipments.
U.S. farm, biofuel groups urge Trump to limit expanded refinery waivers
Coalition warns expanded exemptions would slash biofuel demand, pressure RIN prices and hurt corn, soybean markets ahead of end-August decision.
Oil prices fall as Iran sanctions package seen as less severe than expected
Brent and WTI crude drop over 3% after U.S. sanctions announcement fails to target key buyers, while diplomatic signals from Pakistan and Oman suggest potential de-escalation in Iran conflict.
St George to invest R$2 billion in rare earths processing center in Brazil
Australian miner St George secures agreement with local partners to build a rare earths separation and processing facility in Minas Gerais, targeting a 2030 start. The R$2 billion project aims to address Brazil's refining gap and create 500 jobs.
Venezuela and U.S. sign 25-year energy pact targeting 1.5 mln bpd oil output
Interim President Delcy Rodríguez says the bilateral deal will develop 17 strategic oil fields while preserving sovereignty over reserves. U.S. to assume control of 65 bln barrels via private partners.
Gold slips from record high as dollar rebound caps rally
Bullion pulls back from near $4,700 after Treasury buyback signal spurred a 36% surge over a year, but analysts warn the advance may not be over if dollar weakness persists.
Trump says U.S. to use Venezuelan oil to refill strategic reserves
Agreement grants Washington majority control over 65 billion barrels of Venezuelan crude as U.S. reserve capacity falls to 40%.
Samarco targets 2028 return to global pellet export top two, R$13.8bn plan
Iron ore pellet producer plans to restore full capacity by 2028, aiming for 26-27 million tons annually and 2 million tons of tailings-derived fines. Demand outlook sees transoceanic volumes rising above 300 million tons by 2030.
Arabica coffee hits six-month high on supply woes, El Niño threat
Arabica futures surge to highest since February as harvest disruptions in Brazil and Colombia compound El Niño risks. Price surge raises costs for global roasters including Nestlé and Starbucks.
USDA cyclospora research projects shelved amid funding cuts
Projects aimed at studying cyclospora outbreaks face delays due to budget reductions and staff relocations at the USDA.
U.S. Treasury yields slip as oil falls, buyback debate heats up
Longer-dated U.S. Treasury yields eased as oil prices hit a one-week low and markets reassessed Treasury Secretary Bessent’s plan to more than double bond buyback operations.
U.S. Treasury yields ease as oil slides; buyback plan sparks debate
Longer-dated Treasury yields fell Tuesday after oil prices dropped over 3% to a one-week low. Treasury Secretary Scott Bessent's plan to more than double buyback operations drew criticism from investors including Stanley Druckenmiller.
Oil futures rise in U.S. session; Brent climbs 0.74%
October WTI crude oil futures gained 0.42% to $82.01/bbl, while November Brent oil rose 0.74% to $86.62/bbl during U.S. trading hours.
Brazil to extend gasoline subsidy until September 9
Federal government set to prolong R$0.44 per liter tax break amid ongoing Middle East oil price volatility. Extension hinges on congressional approval of the underlying provisional measure.
Brazil soybean exports seen at 10.25 mln tons in August, below prior estimate
ANEC lowered its August soybean export forecast by 300,000 tons to 10.25 million tons, yet still above the 10 million-ton threshold. Corn export projections were also reduced.
Deadly Himalayan glacier collapse triggers flash flood in Nepal
Nearly 100 killed and over 300 missing after ice avalanche in Rasuwa district sends 9-meter surge down river systems. Scientists link event to accelerated glacial melt in region.
Corn, wheat futures hit multi-year highs on supply concerns
CBOT corn rose to a three-year peak after USDA downgraded crop conditions, while wheat surged to a two-year high amid Black Sea disruptions and Argentine weather risks.
Canada-US aluminum tariffs weigh on Rio Tinto, Alcoa, Teck margins
U.S. tariffs on Canadian aluminum could fall from 50% to 25%, lifting EBITDA for major producers like Rio Tinto and Alcoa by about 3%, Deutsche Bank estimates. Shares of Alcoa dropped 4% on tariff relief speculation.
Corn, wheat futures hit multi-year peaks on supply concerns
Chicago Board of Trade corn rose to its highest since July 2023, while wheat surged to a two-year high amid worsening U.S. crop conditions and Black Sea trade disruptions.
Petrobras says Morpho oil sample to reach Rio in three weeks
Oil from Brazil's recent Morpho well discovery will be transported by truck under strict security to Rio de Janeiro for analysis. Petrobras also outlined long-term pre-salt field development plans.
Longi Green Energy loss widens to $547 mln in H1 as solar sector pressures persist
Net loss deepened to 3.68 billion yuan as weak demand and price competition weighed on margins, though results aligned with guidance. Company eyes silver-free production and energy storage growth to offset headwinds.
CME Group debuts U.S. zinc futures with first trades completed
CME Group launched U.S. zinc futures on Tuesday, with initial transactions executed by Glencore and Trafigura. The contracts, trading on CME Globex, target September delivery and reflect U.S. duty-paid pricing.
European wheat futures slip 0.9% on Black Sea export talks optimism
Traders pare positions as diplomatic signals from Moscow and Kyiv ease supply disruption concerns. Euronext December contract falls after Monday’s four-week high.
Gold pullback seen as correction, not reversal, analysis says
Technical pullback tests $4,600 support after August rally; analysis flags $4,570–4,610 as key correction zone ahead of U.S. inflation data.
U.S. data center projects face delays amid political, construction hurdles
Up to half of planned U.S. data centers could be delayed or canceled due to rising opposition and construction challenges, a Kimmeridge Energy executive warns. Natural gas demand tied to AI growth may also be constrained.
Sonoco to hike European paperboard prices by €60 per ton from Sept 2026
Uncoated recycled paperboard grades in the EMEA region to rise by €60 per ton as Sonoco passes on inflationary and energy cost pressures. Effective September 15, 2026.
Half of planned U.S. data centers face delays, energy firm warns
Kimmeridge Energy estimates up to 50% of proposed U.S. data centers could be delayed or canceled due to infrastructure and regulatory hurdles, reducing AI-related gas demand growth.
WTI Midland crude slips after Chevron cuts Rotterdam offer
U.S. WTI Midland crude prices fell as Chevron reduced its September-loading cargo offer to dated Brent plus $1.10 CIF Rotterdam, down from $1.30 the prior day.
European wheat futures fall as Black Sea talks speculation rises
December Euronext wheat contract drops 0.9% to €236.75 per tonne amid reports of potential diplomatic engagement between Russia and Ukraine. Milling wheat N2 declines 1.65%.
Why the Gold Surge Is a Warning Sign for the Whole Commodity Complex
Rising US yields and fiscal strain are pushing investors into gold, but the rally may signal deeper risk‑off pressures across energy and metals.
CME launches U.S. zinc futures as first trades executed by Glencore, Trafigura
New physically settled contract on COMEX follows March 2026 duty-paid specification update, with initial trades for September delivery executed via CME Globex.
Russia’s July petroleum output falls 19.3% year-on-year
Output declined for a sixth straight month as drone attacks on refineries weighed on production, though the drop narrowed from June’s 21.7% slump.
Gold rallies on debt concerns; $5,000 target eyed as rates rise
Fidelity fund manager doubles gold exposure as rising yields reflect deeper fiscal strain. Analysis flags $4,800-$5,000 resistance zone and potential short-term pullback.
Barclays maintains positive steel sector outlook despite trade tensions
Analysts cite tight supply and strong industrial demand as key drivers, while U.S.-Canada trade dispute adds uncertainty to near-term outlook.
Sonoco raises recycled paperboard prices in Europe by €60/tonne
Sonoco’s European unit will increase prices for uncoated recycled paperboard grades by €60 per tonne starting September 2026, citing inflation, energy costs and geopolitical constraints.
WTI Midland oil prices fall after Chevron reduces offer in Platts window
Chevron lowered its September cargo offer by 20 cents to dated Brent plus $1.10, contributing to a broader decline in WTI Midland prices during the Platts trading session.
Brazil to keep 2026/27 soybean area flat as margins, credit tighten
Soybean planted area in Brazil forecast at 49.2 million hectares, nearly unchanged from 2025/26, as rising debt and expensive credit curb expansion. Corn area seen rising 700,000 hectares to 23.3 million.
Vale flags up to 50 mln t iron ore potential at Carajás expansion
CEO says block C in Serra Sul could add 40-50 mln t/yr capacity pending regulatory reforms and licensing streamlining.
U.S. power output rises 6.1% year-over-year in latest week
Weekly power production in the continental U.S. reached 100,895 GWh for the week ended Aug. 22, up 6.1% from the same period last year, Edison Electric Institute data show.
Gold Fields posts H1 2026 cash flow surge on Salares Norte ramp-up
Adjusted free cash flow more than doubled to $2.23 billion as production hit 1.27 million ounces. Salares Norte contributed 337,000 ounces, with guidance raised to 550,000–600,000 ounces annually.
Trump says Strait of Hormuz cleared of mines, warns Iran against new placements
U.S. president claims all explosives removed from key shipping route; Iran warned of 'zero tolerance' for future mine deployments. Monday data shows 5 million barrels per day transiting the strait.
Copper prices surge toward record on U.S. tariff threat, tight supply
LME copper rallies within 1.2% of all-time high as U.S. stockpile withdrawals and potential tariffs disrupt global supply-demand balance.
U.S. sanctions pressure weighs on oil prices amid Iran tensions
Treasury’s ‘economic asphyxiation’ campaign targets Iranian exports, while analysts warn of broader supply risks. Canadian trade rhetoric adds noise but little market impact.
Trump says all mines cleared from Strait of Hormuz, warns Iran
U.S. President states Iranian mines in international waters have been removed or detonated. Iran warned any new mining will prompt retaliation.
Ferroglobe outlines growth strategy at Midwest IDEAS Conference
Silicon metal producer details cost cuts, critical materials push and Venezuela asset restart plans amid weak pricing and trade pressures.
BW LPG unit to sell vessel for $64 million
BW LPG India, a 52%-owned subsidiary, will sell the 2007-built VLGC BW Birch for $64 million, generating a $37 million net book gain ahead of mid-November delivery.
BlackRock, JPMorgan back Chinese lithium over Australian miners
Spot lithium carbonate surged 5% this week as UBS cut Australian producers, but Chinese firms reported triple-digit profit growth. Institutional positioning suggests divergent views on the lithium cycle.
Middle East war at six months: Markets digest oil spikes, gold swings
Six months after the U.S.-Israeli strikes on Iran triggered a regional conflict, Brent crude averages $90, gold has rebounded 15% and global stocks hit a record. Regional economies and food prices show divergent impacts.
Greatland Resources posts $862 mln profit in first year at Telfer mine
Revenue reached $2.26 bln as gold and copper output drove strong cash generation. Debt-free balance sheet boosted by $1.29 bln in cash.
TotalEnergies exits Arctic LNG 2 project in Russia, retains $1.3bn claim
French energy major transfers its 10% stake in the Russian LNG project to Novatek subsidiary NordLine. Reimbursement of $1.3bn shareholder loans remains contingent on sanctions compliance.
Brazil's Lula to sign fertilizer industry stimulus bill, Alckmin says
Vice President Geraldo Alckmin says President Luiz Inácio Lula da Silva will approve legislation to boost domestic fertilizer production, including subsidies and blending mandates.
Trump to review beef processing rules amid farm group backlash over tariff plan
President says he will examine regulations as U.S. meatpacking industry faces scrutiny over potential cartel-like practices. Farm groups warn easing beef tariffs could harm domestic ranchers.
Eni in talks with U.S. and Venezuela to revive oil sector
Italian energy group seeks to support Venezuela's energy revival while U.S. pursues greater control over South American crude reserves. Eni holds assets with 5.5 billion barrels of recoverable resources.
Kazakhstan cuts 2026 oil output target after pipeline strikes
CPC pipeline disruptions prompt 4% reduction in 2026 output target to 96 million tons; Atyrau refinery fire adds to export risks amid Ukraine strikes on Russian infrastructure.
Oil prices dip on Venezuela supply talks, Strait of Hormuz tensions
Brent crude fell 0.3% to $88.24 as U.S. companies near deals to develop Venezuelan oilfields. Strait of Hormuz traffic remains subdued six months after U.S.-Israel strikes on Iran.
Brent, WTI oil futures poised for weekly losses as Iran tensions persist
Brent crude down 0.6% to $89.18/bbl; WTI falls 1.2% to $82.52/bbl. Weekly declines of 5.5% and 5.2% respectively amid Strait of Hormuz shipping slowdown.
Enphase ramps up Dutch solar push ahead of net metering phase-out
Energy firm Enphase plans over 300 events in 2026 to educate Dutch solar owners on battery storage options as the country’s net metering scheme ends in 2027.
Russia seen extending diesel export ban through September
Sources indicate the ban, initially imposed to ease domestic shortages, may be prolonged amid persistent refinery disruptions. Jet fuel and gasoline restrictions also in place.
Gold holds above $4,674 as analysis flags $4,788–$4,895 targets
Technical analysis suggests gold could extend gains to $4,788–$4,895 if the current consolidation resolves upward. Support levels at $4,617–$4,581 remain key in a bullish structure.
Nearly half of global oil supply threatened by conflicts, analysis shows
Disruptions in the Middle East and Ukraine have removed 5-7 million bpd from markets, tightening refined fuel supplies and raising inflation risks. Global refining capacity has fallen 10% since 2022.
Silver rises above $70 on technical breakout, targets $72–$75
Technical analysis flags a bullish shift as silver clears $70.69, with projected resistance at $72.26 and $74.98. Fundamentals show persistent market deficits through 2026.
U.S. Antimony accelerates Montana mining operations with 42 truckloads in 2026
United States Antimony restarts Thompson Falls operations in April, doubling daily ore transport compared to 2025 as it processes 576 tons through its integrated Montana supply chain.
White House urges EPA to expand biofuel waivers amid high gas prices
Administration seeks to ease pump prices by allowing small refineries to blend fewer biofuels, as regulators review 34 pending waiver requests. Decision expected by month-end.
West Red Lake Gold posts Q2 2026 gold output up 51%, AISC down 30%
Second-quarter production rose to 8,576 ounces while all-in sustaining costs fell to US$3,284 per ounce, within annual guidance. Free cash flow totaled US$9.7 million.
Citi flags gold’s speculative rally, Jackson Hole as key inflection point
Analysts at Citi warn the recent surge in gold prices is driven by futures positioning rather than physical demand, with the Jackson Hole symposium posing a binary risk to the uptrend.
India’s crude import costs surge on soaring Hormuz shipping rates
Freight and war-risk insurance costs through the Strait of Hormuz have surged more than 400% since late February, driving India’s crude import bill up 60% in Q2.
NexGen expands high-grade uranium deposit in Saskatchewan
Drilling results at Patterson Corridor East extend mineralized zones by up to 94 meters vertically and 50 meters along strike. Second-best hole on record intersects 19.5 meters of high-grade uranium.
Why the Recent Oil Pullback Is a Mirage, Not a Trend
The 2‑plus‑percent dip in Brent and WTI looks like relief from Iran‑related risk, but the underlying geopolitics and supply‑risk premium remain stubbornly intact.
Iran, Oman continue talks on Strait of Hormuz agreement
Negotiations focus on revenue-sharing and navigation corridors amid U.S. pressure and unresolved ceasefire conditions. A final deal remains pending.
Oil prices fall as Iran sanctions pressure eases supply-risk premium
WTI and Brent crude decline 2.7% and 2.6% respectively as markets price in potential sanctions relief for Iran and easing geopolitical supply risks. U.S. inventories rise more than expected.
Grieg Seafood reports H1 2026 loss as transformation costs weigh on results
Norwegian salmon producer posts NOK 30 million operational EBIT loss in first half, citing higher farming costs and lower harvest volumes. Strategic overhaul includes asset sales and headcount reductions.
Hochschild posts record H1 2026 profit as gold prices surge, costs rise
Gold miner Hochschild Mining reported a 208% jump in earnings for the first half of 2026, driven by higher metal prices, but warned of rising costs across its operations. Full-year production guidance maintained at 300,000–328,000 ounces.
Gulf Keystone posts 26% EBITDA rise in H1 2026 despite Kurdistan output halt
Adjusted EBITDA climbed to $52 million as cost cuts offset production losses during February-August shutdowns in Iraq’s Kurdistan. Revenue remained flat at $82.8 million.
U.S. crude inventories rise 95,000 barrels as fuel stocks fall
Crude oil stockpiles climbed to 428.9 million barrels, defying analyst expectations, while gasoline and distillate inventories declined sharply. Refinery utilization held near multi-year highs.
Citi lifts corn, soy, wheat price targets on Super El Niño risks
Bank raises 3- and 12-month targets for U.S. grains as NOAA warns of a potentially record-strength El Niño event through late 2026. Australian wheat, palm oil and robusta coffee seen most exposed.
Gulf Keystone shares surge 9.3% on higher oil prices despite output decline
Adjusted EBITDA rose to $51.7 million in H1 2026 as realized oil prices more than tripled, offsetting a 67% drop in production amid security-related shutdowns. Cash balance stands at $63.5 million.
Oil prices slip 3% as Middle East risks ease, traders reassess supply threats
WTI and Brent futures fall to weekly lows amid signs U.S. sanctions on Iran may not escalate militarily. High diesel crack spreads and physical fuel costs remain elevated despite futures declines.
Klaveness posts record Q2 earnings as Middle East shipping crisis boosts rates
Oslo-listed shipping firm Klaveness Combination Carriers reported a 31% quarterly EBITDA jump to $38.5 million, citing unprecedented tanker rates amid Middle East trade disruptions. First-half profit reached $36.3 million, surpassing all of 2025.
Gold rises toward $4,600 as investors await Fed’s Warsh at Jackson Hole
Spot gold climbs 0.3% as July PCE data meets forecasts and U.S. debt tops $40 trillion; traders eye Friday’s Jackson Hole speech by Fed Chair Kevin Warsh for policy clues.
Callan JMB appoints Andy Weigman to lead oil and gas acquisitions
Callan Power names former Northern Oil executive to oversee Williston Basin asset purchases following Reger Oil deal. Weigman brings 14 years of basin experience and a track record in sourcing over 900 wells.
Gunsynd advances drilling program at Eagle Lake gold project
Drilling to begin in early September at Wedgetail Mining’s project in Ontario, with 1,375 meters planned across four target zones. Results from prior sampling show high-grade intercepts.
Klaveness Q2 2026 EBITDA jumps 31% as Middle East disruptions boost freight rates
Norwegian shipping firm Klaveness Combination Carriers posted a 31% quarterly EBITDA surge to $38.5 million, citing Middle East shipping disruptions and a 11% revenue increase. Stock rose 2.14% to NOK 104.80.
U.S. sanctions on Iran, tariff threats lift stocks; Bitcoin tops $80,000
U.S. stock futures rise as investors weigh new sanctions on Iran and delayed tariffs on Canada. Bitcoin climbs above $80,000 amid ETF inflows and macroeconomic factors.
European natural gas prices steady after Iran sanctions fail to disrupt supply
Dutch and British gas futures consolidate near five-month highs as U.S. sanctions on Tehran avoid immediate supply shocks, while EU storage remains below target ahead of winter.
Central bank gold demand supports long-term outlook despite price drop
Gold faces short-term volatility after a 25% retreat in 2024, but structural central bank purchases remain a key support. U.S. semiconductor stocks correct after Micron's strong results, while Europe lags in AI-driven gains.
Boss Energy posts profit in FY26 but shares slump on transition costs
Boss Energy swung to a $2.5 million net profit in FY26 as uranium production surged, but its shares fell 16.5% after the company flagged higher transition-year costs and lower output in FY27.
Gold nears $4,700 as Treasury bond buybacks, geopolitics lift prices
Spot gold advances toward key resistance as U.S. Treasury expands bond buybacks and Middle East tensions stoke inflation bets ahead of Jackson Hole. ETF inflows reach eight-month high.
Gold nears $4,800 as technical and fundamental signals align
Analysts cite Square of 9 targets and VC PMI levels as gold tests key resistance after a breakout from $4,378. ETF inflows and lower Treasury yields underpin the advance.
WTI crude oil slips as Iran supply risks fail to spark rally
Technical reversal signals emerge after WTI fails to capitalize on geopolitical supply threats. Analyst flags key support levels amid shifting momentum.
Aurelia Metals posts 39.4% EBITDA margin in FY26 as production climbs
Australian miner Aurelia Metals reported a near-40% EBITDA margin for fiscal 2026, driven by a 40% revenue increase and higher gold output. Cash position rose to $143.9 million as costs fell.
Codelco profit surges on copper rally despite 11% output drop
Chilean state miner’s first-half pre-tax profit quadruples to $1.97 billion as higher prices offset weaker production and rising costs. Operational disruptions at key mines persist.
Brazil's power load seen up 5.9% in September, ONS forecasts
National grid operator projects 85,118 MW average demand as hydropower inflows vary sharply across regions. Southeast reservoirs to end month at 55% capacity.
Chile, Argentina, Bolivia and Peru sign strategic minerals pact
Four South American nations signed a joint declaration on Friday to deepen cooperation on copper and lithium, aiming to strengthen the region’s role in the global energy transition supply chain.
Russia intensifies strikes on Ukrainian food logistics, officials say
Ukrainian officials report nearly 90% of retail food logistics destroyed amid escalating Russian drone and missile attacks targeting civilian infrastructure. Kyiv endured a 15-hour air raid alert on Thursday.
Centerra Gold outlines $4 bln asset-backed growth plan funded by cash flow
Gold miner targets share buybacks and dividends as it prepares to restart molybdenum operations and advance Nevada and British Columbia projects with internal funding.
Gold rises to three-month high as U.S. inflation, bond jitters persist
Spot gold climbed to nearly $4,700 per ounce amid concerns over U.S. inflation and bond market volatility. Bitcoin also surged past $80,000 for the first time since May.
U.S. sanctions Singapore-based firm Wellbred Capital over Iran ties
U.S. Treasury targets Wellbred Capital and affiliates for alleged links to Iranian oil shipper Mohammad Hossein Shamchani, including Swiss and UAE entities.
CBOT wheat futures surge on Black Sea port disruptions
Chicago wheat futures were set to open sharply higher Wednesday after attacks disrupted grain loading at key Black Sea ports, with Novorossiysk terminal repairs expected to take months.
Corn futures surge to 16-month high on supply concerns
CBOT corn hits $5.30 per bushel, the strongest since July 2023, as weather and export risks tighten global grain supplies.
India’s Russian oil imports fall from July record on supply constraints
Imports drop to about 2 million bpd in August from July’s peak of 2.8 million bpd as Ukrainian strikes and Chinese demand curb Russian supply. Refiners pivot to West African and American crude.
Gold rallies as sticky inflation keeps pressure on long-dated Treasuries
PCE data reinforces expectations for prolonged Fed caution, while Treasury buybacks ease long-end yields temporarily. Analyst warns of renewed pressure on the long end.
Gold hits three-month high on trade tensions and Treasury bond buybacks
U.S. tariffs on Canadian goods and expanded Treasury bond buybacks underpinned gold prices, while geopolitical risks and Middle East developments added support. Futures and spot prices retreated slightly in early trading.
Baltic dry index climbs for fifth day on vessel gains, typhoon boost
Dry bulk freight rates rise 4.4% as capesize, panamax and supramax segments all advance, with iron ore shipping disrupted by Typhoon Narra.
Trump signs proclamation to ease U.S. beef prices with expanded import quotas
U.S. president authorizes 300,000-ton increase in tariff-free lean beef imports as cattle supply hits 75-year low amid drought and wildfires. Measure faces opposition from domestic livestock groups.
Woodside posts 159% surge in H1 free cash flow as LNG projects advance
Underlying profit hits $1.3 bln as Scarborough nears completion and Trion drilling begins, while structural cost cuts target $350 mln annually from 2028.
Gold’s near-term outlook hinges on $4,577-$4,583 support cluster
Technical analysis flags the $4,577-$4,583 area as a critical pivot for gold’s short-term direction after a pullback from record highs. The analysis projects key resistance and support levels through late August.
Strait of Hormuz traffic falls to multi-week lows amid Iran-Oman corridor talks
Vessel transits through the key oil chokepoint dropped to five ships on Tuesday, down sharply from recent averages, as Tehran and Muscat weigh a temporary corridor. China remains the top destination for Hormuz-bound crude.
Woodside posts 7% rise in H1 profit on higher oil prices
Underlying profit reached $1.33 billion as revenue climbed 14% to $7.45 billion, driven by stronger oil prices despite lower production. Interim dividend increased to 57 cents per share.
NOMAD advances Vermont long-duration energy storage project to Phase 3
U.S. DOE-backed initiative valued at $19 million enters installation phase with eight transportable battery systems across five Vermont sites.
Oil prices fall as Middle East diplomacy hopes rise
Brent and WTI crude decline over 5% weekly as U.S.-Iran tensions ease and inventories rise. Strait of Hormuz traffic remains disrupted despite White House claims.
France’s 2026 soft wheat harvest protein levels exceed five-year average
FranceAgriMer reports 89% of soft wheat samples contain at least 11% protein, above the five-year average, while 61% meet the 11.5% threshold used by some buyers.
EQT Real Estate sells 10.5 million sq ft U.S. logistics portfolio to LBA Realty
Transaction includes 46 Class A buildings across 10 Southern U.S. markets. Financial terms were not disclosed.
Ur-Energy director sells $109,652 in shares, exercises options
John Cash, a director at Ur-Energy, sold 77,751 shares for $109,652 and exercised options worth $80,884 on Aug. 24. The company holds a 6.14% stake in Noble Plains Uranium, which recently raised $1.01 million.
Hong Kong home prices fall 0.5% in July, first drop in 16 months
Private home prices declined for the first time since March 2025, following a 0.2% gain in June. Year-to-date gains remain at 7.3% despite the softening.
Sinopec’s new chairman overhauls refiner for energy transition
Hou Qijun targets 20% of capital spending for new energy as China’s largest refiner shifts focus amid falling fuel demand and rising electrification.
JPMorgan, Santander to arrange $14B-$15B financing for Argentina LNG project
Banks lead syndicate for a $24 billion floating LNG terminal in Argentina, targeting late November final investment decision. Project aims to liquefy and export shale gas.
Gold sentiment improves on softer U.S. rate outlook, ETP inflows
Weaker U.S. jobs data and softer GDP growth ease rate-hike fears, while central-bank demand rebounds. Dollar weakness and geopolitical risks add support.
McEwen Copper secures $240M loan for Argentina copper project
Funding will advance engineering at Los Azules, with commercial production targeted for 2030. Loan carries a 12% annual interest rate and warrants tied to McEwen Copper shares.
JPMorgan, Santander to arrange $14 bln-$15 bln for Argentina LNG project
Banks to coordinate financing for $24 bln floating LNG venture targeting 12 million tons per year of exports. Partners aim for FID by November.
Philips sells €650 mln green bond under EU Green Bond Standard
Health tech giant prices first EU Green Bond in healthcare under new EU standard, raising €650 million with a 4.0% coupon and 2.7x oversubscription.
Three major silver producers face supply disruptions unrelated to price
Mexico’s Terronera mine halted for 12 days, Peru’s output fell 9% in June, and Chile’s Los Pelambres mine shut due to snow—none driven by silver prices. Analysts say by-product dynamics now dominate supply.
Oil prices fall 5% after U.S. sanctions on Iran fail to sway markets
Brent and WTI crude futures declined nearly 5% as traders shrugged off new U.S. sanctions against Iran and focused on profit-taking after a multi-week rally. Analysts noted limited market impact from Washington’s latest measures.
Oil falls as Hormuz corridor deal eases war premium
Crude prices slide for a third session after Oman-brokered talks suggest a temporary shipping route may soon reopen, reducing supply disruption risks. Weekly losses exceed 9%.
U.S. launches sweeping sanctions campaign to isolate Iran’s economy
Treasury targets nearly 60 entities across five sectors, including gold, shipping and aviation, as part of a coordinated economic offensive. Oil prices ease after two-week rally.
Arabica coffee prices surge as ICE inventories near 26-year low
Arabica coffee futures jumped 5.9% to $3.42/lb as certified inventories at ICE approach historic lows, while raw sugar hit a three-week peak on India’s import move.
U.S. judge dismisses lawsuit challenging Trump offshore drilling order
Federal judge rules environmental groups' case premature as drilling remains off the table in protected coastal waters. Legal challenge can be refiled if offshore activity becomes imminent.
U.S. corn hits three-year high on lower crop outlook
Chicago corn futures surge to $5.25 per bushel after Pro Farmer cuts U.S. production forecast by 9.9%. Brazil and Black Sea supply risks add to tightness.
Gold futures rise 0.06% in European session
December gold futures on Comex climbed to $4,650.41 per troy ounce, while silver and copper futures moved mixed. The U.S. dollar index edged up 0.05%.
Callan JMB to buy North Dakota oil and gas assets for $12.5 million
Callan Power LLC, a unit of Callan JMB, will acquire non-operated interests in 377 producing wells and 27 development wells in the Williston Basin. Deal expected to close by Oct. 1.
Wheat hits one-month high on Russia-Ukraine export risks
Euronext wheat futures rose 0.6% to €246.75 per tonne as geopolitical tensions disrupted Black Sea grain shipments. Chicago wheat surged nearly 2% to a three-year peak.
Northwest Europe gasoline refining margins hit highest since 2022
Gasoline refining margins in the ARA hub surged to $46.74 per barrel amid a 14% drop in regional inventories, the lowest in nearly five years. Traders cite seasonal demand and supply tightness.
Petrobras eyes LNG exports from Brazil's pre-salt fields to Asia
CEO Magda Chambriard outlines plans to liquefy and ship pre-salt natural gas to Asia-Pacific, leveraging offshore FLNG units and Seatrium partnerships. Asia seen as key growth market.
U.S. natural gas storage rises less than expected, lifting price outlook
Weekly storage build of 15 bcf missed forecasts of 19 bcf, signaling stronger demand and tightening supply. Analysts cite weather and production risks.
CNOOC CEO flags potential for U.S.-China energy cooperation amid thaw
Chinese state oil giant sees scope for LNG trade revival despite lingering tariffs as relations improve. CEO cites U.S. supply strength and China’s import demand as key drivers.
Nabors invests $35M in Quaise Energy, takes 14% stake
Nabors Industries acquires a strategic 14% stake in geothermal innovator Quaise Energy through a $35 million equity investment, integrating drilling expertise with millimeter-wave technology.
Lynas Rare Earths expands global supply chain with new deals
Profit surges 2,679% as rare earths producer secures new supply agreements ahead of China’s export controls expiration. Shares fall on earnings miss.
Jadestone posts 13% revenue rise in H1 2026 despite output decline
Revenue climbed to $261.1 million as higher oil and gas prices offset lower production volumes. Operational disruptions and maintenance costs weighed on profitability.
Harmony Gold posts record FY26 profits as copper transition gains traction
Gold miner’s headline earnings surged 87% to R43.63 per share, while copper assets contributed R781 million in free cash flow within eight months of CSA’s acquisition. Dividends hit a record R8.2 billion as the group targets 40,000 tonnes of annual copper output by FY29.
Kaldvík narrows Q2 losses as fish quality improves, targets 45,000-tonne output
Icelandic salmon producer reports narrower EBIT loss in Q2 2026 despite higher costs, citing improved harvest quality and rising market prices. Full-year guidance maintained at 17,000 tonnes.
European gas prices steady after Strait of Hormuz talks ease supply risks
Dutch benchmark gas holds near €65.61/MWh as diplomatic progress in the Middle East stabilizes energy markets. U.S. inventories and LNG capacity seen cushioning Europe ahead of winter.
Strait of Hormuz traffic remains below 10-day average as Iran-Oman talks progress
Five cargo vessels transited the Strait of Hormuz on Tuesday, well below the 10-day average of 15 ships, as Iran and Oman discuss maritime corridor plans and mine removal.
Gold slips as Middle East tensions ease; technical break below $4,649 in focus
Gold prices fell for a third session as diplomatic progress in the Strait of Hormuz eased supply risks, while investors await U.S. inflation data and Fed signals at Jackson Hole. Technical support at $4,649 remains critical.
Arabica coffee futures rise to six-week high on delivery notice
Arabica coffee prices gained 5.9% to $3.4165 per pound as the spot contract's delivery period began with limited activity on ICE. Inventories remain near 26-year lows.
Electra secures C$17.5M for Ontario cobalt refinery construction
Funding from Invest Ontario supports Electra’s Temiskaming Shores facility, targeting commercial cobalt sulfate production by late 2027. Construction is progressing with mechanical completion slated for mid-2027.
CME to launch wind power futures in Q4, covering five global regions
New contracts will track projected wind output in Germany, UK, Australia and Texas, settling against Vaisala Xweather indices. Launch pending regulatory approval.
Ampol posts record first-half profit on refining margin surge
Refining margins tripled to drive RCOP EBITDA to $1.64 billion, underpinning a 376% jump in attributable net profit. Interim dividend raised to 185 cents per share.
Silver holds above $69 as technical targets rise to $72.26
Technical analysis projects silver could reach $72.26 if resistance at $69.58 is cleared, while a deeper pullback may find support near $67.32. CME's 24/7 silver futures expansion adds liquidity.
Wolfe Research notes cautious optimism in global agriculture sector
Research firm cites improving sentiment amid commodity price upticks and fertilizer market adjustments across key regions. Seed price expectations outlined for 2025-2027.
Electra secures C$17.5 million for North America's first cobalt refinery
Funding from Invest Ontario will advance construction of a 5,120-tonne cobalt sulfate plant in Temiskaming Shores, with commercial output slated for Q4 2027.
Savannah Energy posts 13% rise in cash collections, lifts revenue
Cash collections reached $247.9 million in seven months to July, while revenue climbed 10% to $160.6 million. Production rose at Stubb Creek and the Uquo 13 well came online in Nigeria.
80 Mile’s Italian biodiesel plant gains dual sustainability certifications
The Ferrandina facility, operated by Greenswitch, secures INS and ISCC certifications, qualifying products for Italy’s double-counting regime and EU sustainability standards. Commercial production remains on track.
Vale studies rare earths and gold extraction from mining waste
Mining giant evaluates economic potential of rare earths, gold and other minerals in tailings as part of circularity push. Studies show encouraging but preliminary results.
Oil prices fall for third day, easing market jitters ahead of Jackson Hole
Brent crude drops over 2% to $85.43, WTI falls 2.4% to $80.36 as geopolitical risks ease. Fed's Warsh to speak at Jackson Hole as inflation data looms.
Wolfe Research sees cautious optimism in global agriculture sector
Sentiment improves in U.S. and Brazil as soft commodity prices rebound, though farmers cite policy frustrations. Fertilizer affordability remains a key variable for fall planting.
Gold holds near three-month highs as investors await PCE data
The metal remains supported by dollar weakness and falling oil prices, with focus shifting to U.S. inflation data and a speech by Fed Chair Warsh at Jackson Hole.
Permian Basin set for multi-year natural gas growth cycle, Citi says
Analysts at Citi project the Permian Basin will become the largest U.S. natural gas producer as infrastructure expansions address chronic takeaway constraints, fueled by rising LNG exports and AI-driven power demand.
Oil tanker traffic via Strait of Hormuz slumps amid diplomatic talks
Daily crossings fell to five vessels on Tuesday, well below the ten-day average of 15, as Iran and Oman discuss a temporary shipping route while U.S. sanctions target Tehran’s oil facilitators.
European natural gas futures rise 1.7% as oil and heating oil fall
Nymex October natural gas contracts advance on Wednesday, while crude and heating oil futures decline. U.S. dollar index also edges higher.
Permian Basin gas output to hit record as infrastructure lifts Waha prices
U.S. natural gas production in the Permian Basin is set to surge 60% by 2025, with Citi forecasting the basin will become the largest gas producer in the country. Infrastructure projects and rising LNG exports are key drivers.
BHP warns copper rally inflated by tariff fears, risks price reversal
Copper gains driven partly by U.S. tariff concerns may reverse as tariff risk premium fades, posing downside risk to BHP’s EBITDA and share price.
London Gas Oil holds near $1,228 as traders eye key support levels
London Gas Oil consolidates between $1,204 and $1,277 after a recent pullback. Technical indicators suggest potential downside toward the 200-period moving average.
Gold extends 25-year bull run as price recovers to near record highs
The precious metal has erased its 2026 losses after a sharp rebound in August, with analysts citing dollar weakness and safe-haven demand. Long-term gains since 2001 exceed 1,600%.
Oil prices fall as sanctions speculation weighs on markets
Brent crude and WTI decline on reports of potential sanctions, with technical levels under scrutiny as traders assess downside risks.
U.S. aluminum market seen tight despite tariff adjustments
Analysis projects persistent supply constraints in the U.S. aluminum market even after recent tariff changes, with prices expected to remain elevated.
Silver consolidates near $68.70 after rebound; breakout targets eyed
Technical analysis suggests silver faces a pivotal test at the Daily VC PMI mean (representing the Variable Changing Price Momentum Indicator) after a reported 12% recovery. A breakout above $71.29 could expose weekly targets near $75.00.
Gold holds $4,649 support ahead of Jackson Hole; Iran tensions weigh
Technical levels in focus as central bank buying and geopolitical risks shape gold's near-term direction. Jackson Hole symposium reportedly looms as a key catalyst.
European stocks edge up as Brent crude sinks 2.6% amid Middle East ceasefire talks
European equities advanced modestly on Wednesday, with gains capped by a sharp drop in Brent crude after reports of a potential U.S.-Iran ceasefire. ECB warnings of further tightening added pressure to rate-sensitive sectors.
European gas prices fall 3% as Middle East ceasefire talks ease supply risks
Dutch and British wholesale gas contracts decline after reports of a potential U.S.-Iran interim ceasefire agreement reduce fears of LNG supply disruptions. Brent crude also drops over 2.5% to $85.01.
European stocks rise as oil falls despite ECB rate hike warnings
European equities edged higher on Wednesday as Brent crude slumped 2.6% after reports of a potential U.S.-Iran ceasefire deal. ECB board member Schnabel reiterated the need for further tightening.
U.S. SPR crude falls to 289.7 mln barrels as inventories build
Strategic Petroleum Reserve drops further toward operational minimum amid rising commercial stockpiles and weekly crude inventory build. WTI and Brent decline on the day.
Ukraine strikes Afipsky refinery as Russian fuel crisis deepens
Latest drone attack on 180,000 bpd Krasnodar facility follows months of near-daily strikes crippling refining capacity and tightening global diesel supplies. Governor reports two deaths, 10 homes damaged.
Canadian oil sands maintenance to tighten U.S. crude supply by 300,000 bpd
Seasonal maintenance in Canada’s oil sands threatens to cut heavy crude exports to U.S. refiners, compounding global fuel supply constraints and lifting refining margins further.
Pan American Silver’s $1.9bn project to deliver silver by 2032
Development of La Colorada Skarn Project in Mexico begins in 2026, with first meaningful output not expected until 2032. Project economics assume $45/oz silver despite current price of $68.80.
Gold breaks above $4,798 after rally to $4,755, targets $4,895
Technical analysis points to further upside after gold’s decisive breakout, with $4,895 as the next major resistance. Support levels and cycle analysis outlined as market eyes U.S. inflation data and Fed commentary.
Nordic Aqua posts record salmon harvest, eyes China expansion
Q2 2026 harvest surged 80% year-over-year to 1,362 tonnes as land-based producer scales up in China. Revenue rose 84% but net loss widened on fair-value adjustments.
Euro yields fall as oil slides despite ECB hawkish signals
German two-year and 10-year Bund yields dropped after Brent crude dropped over 2.5% to near $86 a barrel, offsetting ECB warnings on inflation risks.
European bond yields fall as oil drop offsets ECB hawkish signals
German 10-year Bund yield slips below 3.2% as Brent crude falls over 2.5% on Middle East ceasefire hopes, despite ECB warnings of further rate hikes.
SalMar raises 2026 salmon volume outlook on record harvest
Norwegian salmon producer posts Q2 profit surge as higher harvest volumes offset weaker prices. Full-year volume guidance raised to 350,000 tons.
Putin grants state power to seize critical infrastructure amid drone attacks
Russian president authorizes temporary control of fuel, energy and logistics assets deemed vulnerable to Ukrainian drone strikes. Measures target retail and storage facilities, including Wildberries and Ozon sites.
Gold surges to three-month high after U.S. Treasury buyback expansion
Prices jump 14% in August as expanded Treasury buybacks and potential use of the $950 billion General Account reshape monetary policy expectations.
South32 triples Sierra Gorda ore reserves with 61% rise to 1.1 bln tonnes
Mineral reserve upgrade at Chile’s Sierra Gorda mine extends mine life to 2045 and supports planned processing expansion. South32 holds a 45% stake in the joint venture with KGHM Polska Miedź.
80 Mile unit in Italy secures sustainability certifications for biodiesel plant
Greenswitch's Ferrandina facility gains INS and ISCC certifications, qualifying for Italy's double-counting regime. Commercial production remains on track following final maintenance.
Gold hits three-month high as Treasury intervention, trade risks lift demand
Bullion rises 0.2% as U.S. debt surge and geopolitical tensions underpin safe-haven flows. Brent crude falls 5% on ceasefire report.
European diesel margins fall over 7% as gasoil premium narrows
European diesel cracks dropped sharply as the gasoil-to-Brent spread declined by $5.52 to $70.79 per barrel. Perm refinery closure and U.S. import surge add pressure.
Gold, silver hit multi-month highs; profit-taking risk rises
Precious metals surge to psychologically key levels as U.S. yields fall and dollar softens. Analyst warns of short-term correction risk amid stretched valuations.
Saudi Aramco signs $3.7bn worth of deals with French firms
Saudi Aramco secures procurement contracts for drilling equipment and oil tubular goods, alongside an MoU to explore industrial AI technologies. Total value exceeds $3.7 billion.
Global bond markets steady as U.S. prepares Iran sanctions
Yields on core eurozone and Japanese debt held flat on Monday as Washington readies sweeping financial penalties against Tehran. Brent crude fell 1.5% ahead of the announcement.
Mexico ramps up sterile-fly releases as U.S. reopens cattle trade
Phased resumption of Mexican cattle imports begins with 700 head daily, as authorities boost pest-control measures. New Mexico and Arizona ports to expand in coming months.
Global bond markets stall as U.S. signals new sanctions on Iran
Sovereign debt desks paused trading Monday as Washington prepared fresh economic measures against Tehran. Brent crude fell 1.5% on geopolitical risks.
Natural gas consolidates in $2.76-$2.88 range as traders eye key levels
Technical indicators show muted volatility with price action trapped between the 50- and 200-day moving averages. Traders weigh entry points and risk-reward ratios amid narrow trading bands.
BW Offshore slashes 2026 EBITDA guidance on BW Opal delays
Second-quarter EBITDA rose to $63 million but full-year guidance cut to $250–280 million from $310–340 million after BW Opal schedule shift. Shares fell 11% in premarket trading.
Silver retreats from $70 after testing Fibonacci resistance
Technical indicators show silver facing rejection near key resistance, with momentum cooling after a double-top signal. Traders eye support levels below $69.
Greenland Mines reports rare earth resource at Sarfartoq project
Indicated resource totals 6.9 million tonnes at 1.60% total rare earth oxides. Greenland Mines advances acquisition of Neo North Star Resources to secure project.
TotalEnergies says Strait of Hormuz oil shipments remain profitable despite risks
French energy giant transports crude through the Gulf chokepoint at a premium to Brent prices, offsetting higher shipping costs. Refined product flows remain unviable.
European gas prices surge as reserves decline amid Middle East tensions
TTF month-ahead contract hits near eight-month high as geopolitical risks and falling storage levels tighten Europe's energy outlook.
Oil prices steady as Iran plan fails to sway markets
Bessent's proposed 'D-Day' strategy for Iran fails to trigger volatility in oil markets, with prices holding near recent ranges despite geopolitical risks.
Secondary sanctions on Iran will reshape oil flows more than we think
Washington’s new secondary sanctions on Iran could reroute global oil trade, tighten financing and raise the geopolitical risk premium on crude.
Hurricane Lala triggers first U.S. coral reef insurance payout in Hawaii
Parametric policy designed by Willis pays out at least $200,000 after storm damages reefs; Nature Conservancy and partners to allocate funds for emergency restoration.
Karo Platinum secures 25-year mining lease for Zimbabwe PGM project
Tharisa unit gains rights to 23,903 hectares in Zimbabwe’s Great Dyke, with a 2.1-million-ounce platinum reserve and plans to employ 1,000 people in Phase 1.
Europol warns of surge in violent museum heists targeting gold, jewelry
Social media recruitment and rising gold prices fuel a shift toward high-value, low-trace thefts in cultural institutions, Europol reports. Louvre robbery highlights trend.
NexGen expands uranium deposit in Patterson Corridor East by 94 meters
Drilling results at NexGen Energy’s Patterson Corridor East project in Saskatchewan show a 17% increase in high-grade mineralization depth, with two holes exceeding 61,000 counts per second. The company has drilled 20,139 meters of a 42,000-meter 2026 program.
European diesel margins drop over 7% as gasoil-Brent spread narrows
European diesel crack spreads fell more than 7% as the gasoil-Brent premium declined to $70.79 per barrel. August import volumes to the EU and UK rose to 724,000 bpd, with the U.S. supplying over half.
Ukraine grain exports fall 11.4% in latest week as Black Sea blockade persists
Weekly shipments of major grains declined to 188,200 metric tons, with wheat, corn and barley all affected by port disruptions in the Black Sea region.
Silver price seen climbing toward record highs after mid-year slump
Technical analysis suggests the precious metal’s first-half bear market has ended, with a potential double in price if current support holds. Key chart levels and wave counts indicate scope for further gains.
Gold rises to three-month high as Treasury buybacks fuel debasement trade
Bullion gains 14% in August after clearing $4,605 resistance, driven by U.S. Treasury bond buyback expansion rather than physical demand. Analysts warn rally may be vulnerable to narrative shifts.
Hormuz traffic surges 400% but Iran’s oil exports stall amid sanctions
Ships passing through the Strait of Hormuz have risen sharply, yet Iran’s crude shipments to Asia have nearly halted ahead of new U.S. sanctions. Analysts see mixed signals for oil markets.
Fury Gold drills 14.41 g/t gold over 3.92m at Eau Claire
Results from Phase 2 drilling at Fury Gold's Eau Claire project in Quebec's James Bay region show high-grade gold intersections, including 14.41 g/t over 3.92m. Assay work completed on 22 holes totaling 11,423m.
United States Antimony ramps up Montana mining operations
Mining at Stibnite Hill resumes with 42 loads transported in 2026, doubling the pace of the prior campaign as the company advances toward full production.
Brazil’s Vale to explore rare earths as energy transition demand rises
Minister of Mines and Energy says Vale will prioritize large projects beyond iron ore, including critical minerals like rare earths. Regulatory reforms aim to accelerate licensing for new mining ventures.
Iran vows retaliation after U.S. expands sanctions to 60 entities
Tehran condemns new U.S. measures targeting Iranian individuals, vessels and firms as tensions rise over Strait of Hormuz incident. Brent crude edges lower for second day.
Gold slips below $4,700 as US ramps up sanctions pressure on Iran
Futures retreat after failing to hold above key resistance as Treasury targets Tehran’s financial networks. Analyst flags $4,649 as critical support level.
Icelandic Salmon narrows Q2 losses as volumes rise 37.5%
Salmon producer Icelandic Salmon reported a 61% improvement in quarterly EBIT losses despite EUR 2.2 million in biological costs. Harvest volumes increased to 5,500 tonnes as North American and Asian sales expanded.
Icelandic Salmon narrows Q2 loss 61% on higher volumes, pricing
Second-quarter results show EBIT loss reduced to EUR 3.2 million as harvest rose 37.5% and average prices climbed. CEO flags regulatory uncertainty halting expansion plans.
Alpiq acquires 103.5 MW battery storage in Germany
Swiss utility expands European battery storage footprint with Bollingstedt project, its largest to date. Financial terms undisclosed.
Gold rises above $4,650 as dollar weakness fuels bullish momentum
Analysts identify $4,680–$4,720 as the next critical resistance zone after spot gold reached a three-month high. Technical and fundamental factors, including Fed policy expectations and central-bank demand, support the uptrend.
Gunsynd advances Eagle Lake gold drilling program to 1,375 meters
The expanded diamond drilling program at the Eagle Lake Gold Project will begin in early September, following positive Phase 1 channel sampling results. Critical Discoveries and Rodren Drilling will oversee the fully funded and permitted initiative.
Six months into Iran war, nearly half of global oil flows from war zones
Conflict-related disruptions have redirected significant volumes of oil shipments through high-risk regions.
Oil futures rise in Asian trade as WTI tops $85, Brent nears $91
WTI crude for October delivery climbed 0.41% to $85.36 per barrel, while Brent for November gained 0.31% to $90.82 as the dollar index firmed slightly.
U.S. Treasury to expand secondary sanctions on Iran amid Strait of Hormuz tensions
Move targets entities aiding Iran’s energy exports as Washington intensifies economic pressure; announcement set for Monday. Treasury Secretary Bessent to detail campaign framed as 'economic D-Day.'
German machinery sector warns of winter gas shortage risks
VDMA cites low storage levels and high prices as threats to industrial output; government rejects immediate state intervention but prepares contingency plans.
Oil tanker struck by unidentified projectile off Oman coast
Vessel left inoperable after impact near Ash Shishah; UKMTO reports no crew injuries. Environmental impact under assessment.
U.S. reopens cattle border with Mexico amid parasite concerns
Trade resumes after 14-month ban as U.S. allows limited cattle imports via Arizona and New Mexico ports, while Texas remains closed due to screwworm risk.
Dollar rises as US-Canada trade spat fuels risk aversion; gold at three-month high
The U.S. dollar gained ground against most peers as trade tensions with Canada escalated and sanctions on Iran tightened. Gold extended gains to a three-month peak above $4,660 an ounce.
Brazil’s grid operator cuts 1 GW of power to prevent nationwide blackout
Emergency curtailment targets small hydro and biomass plants as distributed solar growth strains system stability. ONS warns of further cuts amid rising weekend surplus.
Gold tests $4,655 resistance as dollar, yields weigh on outlook
Metal climbs for third straight week but faces technical hurdles above $4,655 and $4,800. Dollar softness and debt concerns underpin gains despite rising Treasury yields.
Micropolis Robotics wins ADNOC supply deal for oil, gas robotics
UAE-based Micropolis Robotics to deploy autonomous robots and Physical AI for ADNOC’s oil and gas operations, expanding its industrial automation footprint.
The Metals Royalty raises stake in Mesabi iron ore project to 2%
The company doubled its royalty position in the Mesabi Metallics project, securing $140 million in convertible notes and $25 million in term financing to fund the expansion.
Gold futures rise 0.55% as dollar index gains 0.21% in U.S. session
December gold futures climbed to $4,706.16 per ounce on Comex, while the U.S. Dollar Futures Index rose to 98.94. Silver and copper posted mixed moves.
Copper holds $6.55-$6.65 range as bulls, bears eye breakout
Copper prices remain locked in a tight consolidation as technical signals hint at a potential directional move. Traders weigh entry points near $6.55 or $6.62, with targets extending to $7.00.
Gold hits record $4,738 as technicals flash overbought signals
XAU/USD surges to an all-time peak amid strong momentum, while the Relative Strength Index approaches levels typically associated with exhaustion. Trading strategies outline key entry and exit points.
Natural gas tests $2.884 resistance as technicals signal indecision
U.S. natural gas futures remain trapped in a narrow $2.780-$2.880 range, with the 200-period moving average capping gains. Technical indicators suggest potential breakout scenarios amid low volume.
U.S. oil futures drop 2.1% as dollar strengthens during session
WTI crude for October fell to $85.22 per barrel, while Brent for November declined 2.2% to $90.63, as the U.S. dollar index rose 0.23%.
US ethanol credit prices fall after EPA delays biofuel compliance deadline
Prices for US ethanol credits declined following the Environmental Protection Agency's postponement of the biofuel compliance deadline.
Soybean futures slip as soyoil drags; strong exports cap losses
CBOT soy complex falls with soyoil leading declines as crude oil weakens. Export demand and crop projections limit downside as EPA deadline looms.
Brazil's August coffee exports exceed full-month 2025 total by 50%
Green coffee shipments surge to 153.8K tons by Aug. 24, surpassing August 2025's 142.9K tons, as daily export pace jumps over 50% amid record harvest.
IEA rules out second coordinated oil reserve release
Executive Director Fatih Birol says no plans exist for another global stock drawdown, as EU storage targets loom and gas levels remain below historical averages.
TotalEnergies CEO flags crude bearishness, product market strength
Patrick Pouyanne warns of a divergent oil market as benchmark crude trades near $90/bbl while refined products command elevated premiums. U.S. gasoline seen holding above $4 under Trump policy.
Norway’s Arctic Drill‑Down: Why Europe’s Energy Security May Cost More Than It Saves
Oslo’s decision to push ahead with Barents Sea drilling pits sovereign oil ambitions against the EU’s climate push, reshaping Europe’s supply outlook and the politics of Arctic exploitation.
Brazil’s basic materials stocks rise as iron ore gains on China stimulus
Basic materials led the Ibovespa’s 0.73% gain Monday, with iron ore prices up 1.27% on Dalian exchange amid steady Chinese lending rates and sustained demand from the world’s top buyer.
Gold tests double top as bearish momentum builds amid U.S. Treasury actions
Futures briefly topped $4,738 an ounce before pulling back as sanctions announcement looms; technical resistance and Treasury bond-buying program weigh on outlook.
Alcoa breaks ground on Western Australia gallium plant
New facility at Wagerup refinery to produce gallium as a byproduct of alumina processing, with up to 200 construction jobs and 20 permanent roles. Project involves Australian, Japanese and U.S. partners.
Morocco to resume soft wheat imports from mid-September with subsidies
State grain agency ONICL plans to restart soft wheat purchases on Sept. 16 after a June pause, offering subsidies through year-end to stabilize domestic supply and prices.
Europe’s EV sales surge to 20.7% market share on high fuel costs, incentives
Battery-electric car registrations in Europe rose 40.4% in H1 and reached 20.7% of all new sales, driven by record fuel prices, state subsidies and cheaper models. France and Germany posted shares above 30% and 29% respectively.
Oil markets shrug off Iran Strait of Hormuz threats amid U.S. sanctions push
Iran’s warnings of a full oil blockade fail to sway markets as traders focus on record U.S. production and Washington’s fresh sanctions package targeting Tehran’s trade partners.
IsoEnergy, Kineepik Métis Local sign uranium exploration pact
The five-year agreement outlines engagement, employment and capacity-building opportunities for the Métis community in Saskatchewan's Athabasca Basin. IsoEnergy will advance its Larocque East project under the framework.
TotalEnergies to invest in Abu Dhabi oil pipeline expansion amid Middle East transit risks
French energy major TotalEnergies will co-fund the doubling of the Fujairah pipeline in Abu Dhabi, citing the need to secure alternative export routes as Strait of Hormuz disruptions threaten global oil flows.
Norwegian oil firms Equinor, Aker BP, Vaar Energi launch frontier exploration venture
Three major Norwegian energy companies will jointly explore 20-25 frontier prospects on the Norwegian continental shelf, targeting five high-impact wells annually over the next four to five years.
Solstice Gold expands Strathy project with Leckie Zone acquisition
The deal adds 24 hectares of patented claims and 9.4 km² of non-patented claims to the Strathy Gold Project, bringing total holdings to 57 km². Consideration includes $600,000 cash and 2 million shares.
Gold rallies to multi-month highs as dollar shows tentative bottoming signals
Bullion hits $4,650 as DXY nears potential reversal zone; technicals remain bullish but rising dollar risks could pressure gains ahead of U.S. data.
India denies sugar shortage ahead of festive season
Indian Sugar Mills Association head says supply remains 'fundamentally solid' with sufficient stocks to meet demand despite seasonal consumption surge.
Iran blacklists 45 tankers, threatens fines and seizures in Hormuz escalation
Tehran’s new maritime authority imposes restrictions on 45 vessels for alleged rule violations, escalating tensions in a key oil transit chokepoint handling over 8 million bpd.
Gold surges to 14-month high on dollar weakness, Bessent remarks
The yellow metal hit its highest level since June 2023 after a sharp drop in the U.S. dollar, with support from a Treasury debt buyback announcement. Analysts warn the rally may be overextended.
Exxon to automate half of Permian drilling fleet by 2028 in output push
Oil major targets 2.5 million boepd in Permian by 2030 as robotic rigs cut costs and injuries. Automated fleet expansion follows early success with two robotic rigs.
Global steel output falls 0.3% in July as China decline outweighs gains elsewhere
World crude steel production dipped last month, with China's 3.6% year-over-year drop more than offsetting gains in India, the U.S. and Europe. Morgan Stanley cites further weakness in Chinese mills.
Six months of war reshapes global markets, policy focus at Jackson Hole
Geopolitical tensions and energy disruptions drive inflation and policy shifts as central banks convene. Nvidia earnings and South Korea’s rate decision add to the week’s key events.
Diesel crisis deepens as refining outages strain global supply
European diesel prices surge 70% since war began while U.S. cracks hit record highs. Tight refining capacity and shrinking inventories risk prolonging price spikes into winter.
Tanker traffic through Strait of Hormuz weakens amid U.S.-Iran tensions
Weekend transits fell to single digits as threats of oil export bans and economic sanctions escalated. Data shows tanker volumes down roughly 90% from pre-conflict baselines.
Ray Dalio urges 15% gold allocation as US debt policy sparks dollar, yield fears
Gold hits three-month high above $4,640/oz as Treasury yields fall and dollar weakens on surprise U.S. debt-buyback expansion. Dalio flags debt crisis hedge.
European natural gas prices dip 0.8% ahead of U.S. sanctions on Iran
Dutch and British wholesale gas contracts slipped as oil benchmarks pulled back, while markets await Washington’s new economic penalties targeting Tehran’s energy trade partners.
Iran warns of fines, detention for ships violating Hormuz Strait rules
Tehran’s new maritime authority says vessels breaching Gulf traffic regulations face penalties; U.S. prepares fresh sanctions targeting Iran’s financial partners.
Gold approaches double-top pattern as Iran sanctions loom
Technical resistance builds near prior peaks as geopolitical risks and new U.S. sanctions on Iran drive haven demand. Monday’s announcement could reinforce the uptrend or trigger a deeper pullback.
Gold hits three-month high as technical breakout targets $4,895
Technical analysis points to further upside after gold surged past $4,690, with projected weekly resistance levels at $4,788 and $4,895. Central-bank demand and U.S. Treasury actions underpin the move.
Gold options surge as fiscal risks fuel hedge demand, analysis suggests
Renewed interest in gold call options reflects mounting U.S. fiscal concerns and Treasury intervention, with dealers potentially amplifying price moves near key strike levels. Analysis highlights a $4,700–$5,000 'convexity zone' where hedging flows could intensify.
Gold tests key resistance as U.S. sanctions on Iran loom
Iran warns of retaliation as Washington prepares to unveil sweeping new sanctions, while gold faces technical resistance at 73. Treasury Secretary Bessent to detail measures Monday.
Industrial metals outlook: Copper, aluminum and steel forecasts through 2026
J.P. Morgan projects copper at $14,800/mt by Q4 2025, while aluminum targets $3,800/mt in Q3 2026 amid Middle East supply risks. Steel prices diverge by region due to tariffs and China’s property slump.
Six EU countries push for September talks on taxing oil firms' windfall profits
Germany, Spain, Italy and three others urge EU finance ministers to address surging energy costs with a targeted windfall tax framework ahead of September meeting in Dublin.
Iofina installs second brine source at IO11, lifts iodine output by 50%
Completion of brine water source at IO11 facility raises annual iodine production to 45-65 metric tonnes. IO12 plant on track for Q3 2026 start-up with 170-220 metric tonnes capacity.
Fed’s Warsh speech, Iran sanctions weigh on markets ahead of Nvidia earnings
Nasdaq 100 futures slip 0.6% as investors assess geopolitical risks and await Nvidia’s earnings report. Brent crude falls 1.5% to $93.16 amid Iran sanctions outlook.
Uniper, Equinor sign 15-year gas supply deal worth over 30 TWh annually
German utility Uniper secures long-term Norwegian gas supply from 2027 to 2041, reinforcing Europe's energy security amid ongoing market volatility.
Empire Metals upgrades Pitfield titanium project, releases investor presentation
The Australian project’s mineral resource estimate rose to 8.16 billion tonnes at 4.3% TiO₂, with a 99.25% TiO₂ product grade confirmed via conventional processing.
Silver futures break key resistance on technical momentum
Technical analysis points to a bullish breakout above $70, with projected targets of $72.26–$74.98 as traders eye further upside. Silver’s recent rebound follows a sharp recovery from weekly lows.
Empire Metals releases investor presentation after Pitfield project update
The miner disclosed an updated mineral resource estimate for its Western Australia titanium project, alongside a new investor deck. Total resource now stands at 8.16 billion tonnes at 4.3% TiO₂.
Silver hits 61.8% Fibonacci level as MFI nears overbought extreme
Silver price reached $69.15, aligning with the 61.8% Fibonacci retracement, while the Money Flow Index surged to 89.1, signaling potential short-term reversal risks.
Rockhopper to raise capital for second Sea Lion FPSO amid project expansion
Rockhopper Exploration plans a capital raise to fund its 35% share of a second FPSO for the Sea Lion oil project, with Navitas Petroleum exercising an option to acquire the vessel. First oil from the Northern Development Area remains on track for early 2028.
Cora Gold secures Mali license renewal for Sanankoro II gold project
Mali’s government approved the renewal of Cora Gold’s exploration license for the Sanankoro II gold project, a key step toward securing a larger mining permit. The company also secured $120 million in financing for development.
Kazera Global reports $369 million mineral resource value in South Africa
Technical report estimates in-situ value of heavy mineral sands at Sea Concession 2A project, though no recoverable reserves or revenue figures are provided.
Kazera Global’s South Africa project yields $369m mineral resource estimate
Heavy mineral sands at Sea Concession 2A in Alexander Bay valued at $369.3m in first technical report. Ilmenite and garnet account for 82% of the in-situ value.
Indian sugar stocks jump on tight supplies, festive demand
Bajaj Hindusthan Sugar leads gains after prices rise on delayed monsoon and El Nino disruptions. Government import approvals fail to offset supply tightness ahead of peak season.
Quantum Helium advances Sagebrush helium project with new targets
Extended production test confirms rapid pressure recovery and identifies multiple prospects. Company holds 90% stake in Sagebrush, 100% in Coyote Wash.
Indian sugar stocks surge on festive demand and tight supply outlook
Shares of major Indian sugar producers surged on Monday as domestic prices firmed and festive demand fueled buying interest, despite government efforts to curb inflation through import measures.
Quantum Helium finds commercial oil, advances helium tests in Colorado
Extended production test at Sagebrush-1 well confirms 2.5% helium concentration and identifies new oil target in Leadville Formation. Quantum advances permitting for two additional oil prospects.
Swiss market opens lower as pharma stocks weigh; gold hits 3-month high
SMI falls 0.22% in pre-market as Roche and Novartis drag; DAX seen little changed. Brent oil dips 1.5% to $92.94/barrel; WTI at $85.61. Gold climbs 0.75% to $4,637/oz.
Norway to proceed with Arctic drilling despite EU opposition
Energy minister says Barents Sea development is critical for Europe's supply security and Norway's long-term role as a key oil and gas exporter. EU's Arctic moratorium stance clashes with Oslo's sovereign energy strategy.
Iran discovers major natural gas field with 212 bcm reserves
New field in southern Fars province holds 212 billion cubic meters of gas, with 161 bcm recoverable. State media cites lower costs due to sweet gas composition amid production declines from war-related damage.
Swiss blue chips flat; gold hits three-month high; SoftBank slides
Swiss equities opened cautiously as gold surged to its highest level since May. SoftBank led losses in Asia after weak buyback guidance from Samsung Electronics weighed on tech sentiment.
Weekend ship traffic through Strait of Hormuz falls to 20 vessels
Iran-U.S. tensions curtail energy transit corridor; analyst data shows sharp drop in commercial vessel crossings amid regional instability.
MMG shares rise 2.8% as Peru copper mine Las Bambas resumes operations
MMG Ltd’s Hong Kong-listed shares climb after the Las Bambas copper mine in Peru restarts following a fatal accident and temporary suspension. The mine accounts for a significant portion of MMG’s revenue.
Roche, Alphabet, BMW issue bonds totaling $4.4 bln in latest deals
Swiss healthcare giant Roche raises 410 mln CHF, while Alphabet sells $3.5 bln USD bond and BMW taps markets with $500 mln floater. All three issuances carry Moody’s Aa2 or A2 ratings.
Gold holds near three-month high as U.S. Treasury bond purchases drive yields lower
Bullion consolidates gains above $4,600 per ounce after U.S. debt buybacks push 10-year yields down and the dollar steadies. Silver and platinum slip as investors rotate into gold.
Gold steadies near $4,628 as Treasury debt moves lift bullion
Bullion holds near three-month high after U.S. Treasury surprise boost to longer-dated debt purchases. Silver and platinum retreat as dollar steadies.
Stanmore reports 18% EBITDA rise in H1 2026 on higher coal prices
Underlying earnings before interest, taxes, depreciation and amortisation climbed to $174 million as strong coking coal prices offset cost pressures. Full-year guidance maintained.
U.S. Treasury announces sweeping sanctions against Iran amid oil export threat
Washington prepares 'economic D-Day' targeting Tehran's financial networks, as Iran vows to halt all oil shipments through the Strait of Hormuz.
Oil prices slip as U.S. readies new Iran sanctions
Brent crude and WTI retreated from multi-week highs after Washington announced fresh measures targeting Tehran. Strait of Hormuz flows remain disrupted amid escalating regional tensions.
Ampol posts A$1.36 bln H1 profit as Iran conflict lifts refining margins
Australian refiner returns to profitability with 152% EBITDA surge, driven by soaring refining margins amid Middle East supply disruptions. Interim dividend more than quadruples to 185 cents per share.
Ampol posts A$1.36 bln interim profit as refining margins surge on geopolitical risks
Australian refiner Ampol more than reverses a year-earlier loss with a 152% EBITDA jump, citing strong refining margins amid Middle East conflict and supply disruptions.
Italy extends diesel tax cut as fuel prices rise
Government prolongs €0.17/liter reduction amid elevated diesel and gasoline costs; highways see €2.203/liter diesel price.
Iran claims discovery of 7.5 trillion cubic feet of natural gas
New field in Fars province holds over 212 billion cubic meters of gas, with 5.7 trillion cubic feet deemed recoverable. Oil minister cites 'sweet' gas quality to reduce costs.
Australia confirms first H5N1 avian flu case in native mammal
Dead long-nosed fur seal in South Australia tests positive for H5N1, marking the country's first confirmed infection in a local mammal. No poultry cases detected.
Oman’s oil revenue rises 10% in Q2 2026, state agency reports
Public revenues up 13% to $17.14 billion as net oil earnings climb to 3.33 billion Omani rials, driven by higher crude prices. Government spending also rises 9%.
Graphen soll nachhaltige Papierverpackungen leistungsfähiger machen
Sparc Technologies und Detmold Packaging entwickeln graphenverstärkte Barriereschichten für Papier, um Kunststoff und Aluminium in Verpackungen zu ersetzen. Der globale Markt für nachhaltige Verpackungen wird auf 272 Mrd. US-Dollar geschätzt.
Iran dismisses U.S. threat of new sanctions as ‘desperate’ move
Tehran warns Washington that proposed penalties will fail as it maintains defiance over Strait of Hormuz blockade and oil exports to China. U.S. Treasury chief vows ‘harshest sanctions in history’ in response.
Brazil’s ONS restricts distributed generation as demand dips on Sunday
National grid operator curbs output from distributed sources to prevent system imbalances during low weekend demand. Abradee warns of legal risks without clearer cut-off rules.
Gulf stocks rise on oil gains as Iran sanctions fears lift crude
Saudi and Qatari benchmarks advanced after Brent crude topped $94 a barrel on Sunday, with Saudi mining and shipping shares leading gains. Egypt's EGX 30 extended gains for a second session.
Gulf stocks rise as oil nears $95 on Iran sanction jitters
Saudi benchmark climbs 1.1% as Brent crude tops $94 on U.S. threats to impose fresh sanctions on Iran. Regional bourses diverge with Qatar and Egypt gains offsetting Kuwait and Oman losses.
Canada supplies 68% of U.S. aluminum imports in first half of 2026
Canadian exports met 68% of U.S. aluminum import demand in the first half of 2026, while total domestic production covered 95% of import needs. Washington weighs tariff reductions on Canadian metal.
Ukraine-Krieg blockiert 97% der Schwarzmeer-Getreideexporte
Russland und Ukraine halten 97% ihrer Schwarzmeer-Exportkapazitäten still. Weizenpreise steigen um 6,5% im Monat und 30% im Jahresvergleich. Importländer weichen auf teurere Anbieter aus.
Canada cannot fully replace U.S. aluminium imports, Morgan Stanley says
Even redirecting all Canadian production to the U.S. would leave a shortfall, as America relies on imports for 80% of its aluminium needs. A potential tariff cut may ease but not eliminate supply gaps.
Iran conflict keeps oil prices elevated as geopolitical risks persist
Brent crude nears $94/barrel as Strait of Hormuz disruptions and U.S.-Iran tensions outweigh market buffers like strategic reserves and alternative supply routes.
Jefferies flags metals breakout risk on currency debasement concerns
Analysts initiate buy ratings on Canadian miners as fiscal deficits and currency risks drive early moves in gold and crypto. Copper and industrial metals seen as next in line.
European gas hits seven-month high on Hormuz supply risks
Dutch TTF front-month futures rose to their highest since March as Middle East transit disruptions and low storage levels tighten European gas markets.
Copper holds near $6.70 as traders eye $6.86 resistance
Technical levels show copper consolidating between $6.51 and $6.62, with traders awaiting a breakout above key resistance at $6.86 amid mixed momentum signals.
Silver holds near $65.34 as momentum wanes, Fibonacci levels in focus
Technical indicators show silver trading below key moving averages with RSI easing from overbought territory. Support seen at $64-$65, resistance at $67.10.
London Gas Oil holds near $1,241 as traders eye $1,328 resistance
London Gas Oil futures consolidate in a tight range ahead of a potential breakout above $1,260. Technical indicators suggest limited near-term momentum.
Gold advances 5.6% weekly as dollar weakens, Treasury yields surge
Spot gold hits $4,617/oz as U.S. dollar slides and 30-year Treasury yield reaches 19-year high, while Treasury ramps up long-dated debt buybacks.
Panamanian-flagged cargo ship sinks off India’s east coast; 2 rescued
The *Ocean Winner* was carrying iron ore when it sank, with 22 crew members still missing. India’s Coast Guard has recovered two survivors so far.
Global markets digest August 2026: equities rise, bonds wobble, Bitcoin surges
U.S. stocks extend gains on CTA normalization, while 30-year Treasury yields hit 19-year highs before easing. Bitcoin breaks above $79,000 amid ETF inflows and Treasury buyback expansion.
Swiss housing prices set to rise further; buyers face affordability squeeze
Rising real estate values and low mortgage costs are supporting Swiss home prices, but structural supply constraints and tax changes are reshaping affordability and investment decisions.
Kimbell Royalty closes $221.2 million acquisition of mineral interests
Transaction includes $74.9 million in cash and 9.5 million common units valued at $15.40 each. Effective date set for June 1, 2026.
Sigma Lithium resumes operations in Brazil after environmental settlement
Company secures agreement with Minas Gerais to resolve outstanding fines and resume full lithium production, targeting 330,000 tonnes annually by fiscal 2027.
Iran permits Iraqi oil tankers to transit Strait of Hormuz
Iraqi vessels carrying oil cleared for passage after Baghdad secured permission from Tehran. Exports via Turkey, Syria and Jordan also under discussion.
Live cattle futures dip on tariff plan and weak cash market
CME live cattle futures fell 0.075 cents to 217.925 cents per pound Friday, weighed by tariff relief plans and softer boxed beef prices. September feeder cattle futures rose 0.10 cent to 329.025 cents.
Greenland approves rare earths license transfer to Greenland Mines
Government of Greenland grants approval for transfer of mineral exploration license for the Sarfartoq neodymium-praseodymium project, a key step in Greenland Mines' acquisition.
SpaceX seeks natural gas trader for Cape Canaveral role amid energy expansion
The aerospace company is building a new team to manage natural gas trading as it expands fuel and power infrastructure, including gas-fired plants for a Texas facility.
Gold rallies to 3-month high on fiscal risks, ETF inflows
The metal has climbed from July lows near $4,000/oz to around $4,600/oz, supported by U.S. Treasury buyback expansion and renewed ETF demand. Persistent inflation and potential Fed tightening remain key risks.
Euronext wheat falls 1.1% after four-week high on profit-taking
December Euronext wheat futures dropped as traders booked gains following a four-week peak. Chicago wheat also declined after hitting a similar high.
Northwest Europe gasoline refining margins rise on demand strength
Gasoline refining margins in Northwest Europe climbed to $40.04 per barrel as robust demand tightened supply, while ARA inventories rose modestly. Trading activity in E5 and E10 barge markets also increased.
Roche issues CHF 410 million bond due 2036 with 1.095% coupon
The Swiss healthcare giant places a new 10-year Swiss franc bond at par, offering an annual yield of 1.095%. The issue is rated Aa2 by Moody's and trades from a minimum of 1,000 nominal units.
India approves $731 million LPG pipeline expansion led by GAIL
Regulator clears 1,800 km network across six states to boost LPG supply security and cut logistics costs. India's pipeline network to expand by over 23%.
Nationwide issues €40m covered bonds maturing in 2051
UK mutual lender lists 3.81% covered bonds on the London Stock Exchange under its €45bn global programme.
Sugar futures fall after India approves duty-free imports
Raw sugar prices slipped 0.8% as India’s move to waive import duties on 1 million metric tons eased supply concerns. White sugar also declined after recent highs.
Gold rally hinges on Treasury yield spread dynamics after intervention
Treasury’s long-end liquidity support has altered yield dynamics but not the underlying trend for gold, which remains above key moving averages. Analysts warn the signal’s validity depends on the driver of any spread shift.
European diesel margins rise to $76.52/barrel as refinery output climbs
Low-sulphur gasoil premium over Brent widens by $1.44 as refiners shift output to meet diesel demand. Chinese exports more than double, while Indian crude processing jumps 6.8%.
El Niño threatens cocoa, coffee and sugar crops, lifting prices
Strong El Niño conditions forecast for late 2024 could disrupt global harvests of cocoa, coffee and sugar, with West Africa and Southeast Asia most at risk. Prices already elevated.
Poland’s central bank buys 7.8 tons of gold in July, holdings hit 640.2 tons
Poland’s central bank added 7.8 metric tons of gold to its reserves last month, bringing total holdings to 640.2 tons. The acquisition marks the slowest monthly pace since December, according to World Gold Council data.
U.S. to temporarily ease ground beef import quotas to lower prices
Trump administration allows up to 300,000 metric tons of ground beef imports duty-free for 90 days, aiming to cut retail prices by 25% amid tight domestic cattle supply.
Metals Royalty secures $165m financing for iron ore royalty acquisition
The Metals Royalty Company will use proceeds from a $165m package to fund a Mesabi Metallics iron ore royalty acquisition and refinance debt. The financing includes $140m in convertible notes and a $25m term loan.
Morgan Stanley lifts India steel stocks outlook on price strength
Indian steel equities seen extending gains as hot-rolled coil prices rise 27% from December lows, while Morgan Stanley flags near-term monsoon risks.
European gas storage remains below seasonal norms, UBS warns
EU gas inventories at 62% capacity as injections lag behind historical averages, leaving winter targets at risk. Asian LNG demand weakens while U.S. exports to Europe rise.
Global shipping faces 2026 demand slump, elevated rates amid chokepoint risks
US container volumes forecast to drop 4.2% YoY as tariff shifts reshape trade flows, while Red Sea and Panama Canal disruptions sustain freight rate premiums.
Trump approves 90-day easing of U.S. ground beef import quotas
U.S. allows up to 300,000 metric tons of beef imports at a 25% discount to market prices to curb grocery inflation. Action targets consumer affordability amid rising food costs.
Tether’s $120 million Uruguay bitcoin mining venture collapses
Dispute with state utility UTE over power supply terms led to the shutdown of two mining sites valued at $120 million. Tether’s local unit Microfin settled debts after power was cut in July 2025.
China fuel exports surge in July as restrictions lifted
Refined fuel shipments more than doubled from June to 1.74 million metric tons, driven by easing of export curbs. Diesel, gasoline and jet fuel volumes rebound to pre-Iran war levels.
Rising U.S. debt pressures dollar, gold hits record near $4,567
Dollar index falls to three-month low as Treasury bond yields climb to multi-decade highs amid fiscal concerns. Gold and Bitcoin gain as investors seek alternatives.
Gold tests key resistance after rally; $4,649 seen as next target
Technical analysis points to $4,649 as the next major resistance level after gold reclaims the $4,558 mean. Corrections toward $4,519–$4,467 may offer entry points.
U.S. blockade curbs Iranian oil exports, analysts say global market unaffected
Reinstatement of U.S. sanctions halts Iranian crude shipments from key terminal, removing Tehran from oil market balances. Analysts warn of underpriced geopolitical risk amid tight refined product markets.
Brent crude dips as weekly gains hold after sharp rally
Weekly oil price surge persists despite Friday pullback as geopolitical risks tighten supply from key Persian Gulf route.
Kazatomprom sets October shareholder meeting for uranium deals, board changes
Majority shareholder Samruk-Kazyna called an extraordinary meeting to approve two confidential uranium concentrate sales and a board reshuffle. Record date set for September 11.
Panama Canal cuts ship transits due to low rainfall, El Niño impact
Daily allowable crossings to drop to 32 from 36 starting September as drought curtails water supply; El Niño forecasts signal further pressure in 2026-27.
Regis Resources posts record $715m FY26 profit, $1.2bn cash build
Gold miner’s statutory net profit surged 181% to $715m as higher gold prices and disciplined costs drove record cash generation. Dividend declared at 35 cents per share.
Regis Resources posts record $715m profit on surging gold prices
Gold miner's FY26 net profit more than triples to $715m as average realized price hits $6,283/oz. Dividend total tops $300m for 18 months.
Germany’s gas storage target slips as Iran war lifts prices
Storage levels stand at 50% of capacity, well below the 70% target for early November, as high prices deter purchases. EU average is 62%.
Gold slips as long-dated Treasury yields rebound, 200-day SMA in focus
Spot gold falls 0.8% as 30-year Treasury yield rises above 5.23%, unwinding a portion of Wednesday’s 3% rally driven by buyback-driven yield compression.
Callan JMB to buy Williston Basin oil assets from Reger Oil for $252M cash flow
Callan Power LLC, a unit of Callan JMB Inc., will acquire oil and gas assets in North Dakota’s Williston Basin from Reger Oil, with a 23-well drilling program set to begin in May 2027. The deal includes a 75% working interest and projects $252 million in net cash flow under a $75/bbl oil price assumption.
Exxon seeks $80 bln Kashagan deal as Tengiz output seen peaking
ExxonMobil eyes a joint venture to develop Kazakhstan’s Kashagan field, aiming to offset a projected 40% decline in Tengiz output by 2035. Terms hinge on resolving a $150 bln dispute and a $5 bln fine.
UBS cuts U.S. natural gas price forecasts on resilient supply outlook
Analysts trim 2026-2027 price targets by $0.20/mmbtu as inventories swell to 3.15 tcf, 7.8% above five-year average. Production holds steady at 110-111 bcfd.
U.S. Gold explores options for Wyoming gold-copper project after feasibility boost
Company forms special committee to evaluate M&A bids and capital options for CK Gold Project, where NPV surged to $1.37 billion at current prices. Construction decision targeted for H2 2026.
ASP Isotopes’ helium plant in South Africa enters commissioning phase
Tetra4’s Virginia Gas Project begins commissioning its helium plant, with first commercial shipments expected in 2026. Phase 1 targets 70 Mcf/day of liquid helium alongside LNG output.
KGHM posts 860% profit surge in H1 2026 as copper prices rally
Polish miner's net profit soared to PLN 5.6 billion on higher copper and silver prices, though earnings per share missed forecasts. Adjusted EBITDA rose 89% year-over-year.
Oil prices rise as supply tightness masks crude stock builds
Brent and WTI extend gains amid Middle East tensions and refining bottlenecks, even as U.S. crude inventories climb for a second week. The Brent-WTI spread widens to $6.61.
Data centres seen consuming silver at scale of major miner’s output
World Silver Survey 2026 projects data centre demand to exceed 42 million ounces annually by 2027, reshaping industrial consumption patterns. Silver price near eight-week high as yields ease.
Swiss gasoline prices rise above 2 francs per liter for first time since 2022
Average price for 95-octane gasoline reaches 2.02 francs per liter, driven by Middle East tensions, reduced refinery capacity and Rhine transport disruptions. Diesel climbs to 2.27 francs.
EU gas storage at 62% as winter nears, Commission sees no immediate supply risk
EU gas inventories remain below last year’s levels at 62% capacity, but the European Commission says no near-term supply shortages are expected despite high prices linked to regional tensions.
Russia extends soybean export duty through August 2028
Moscow maintains 20% tariff on soybeans to manage domestic supply and prices, with linseed duty under review.
Morgan Stanley sees gold above $5,000 per ounce by 2027
Bank forecasts record price amid central bank buying and Fed policy expectations, though warns of volatility. ETF flows turn positive as Fed hold outlook solidifies.
Gold hovers near double-top formation as geopolitical risks rise
Futures consolidate near $4,640 after a brief rally as Iran-US tensions and rising U.S. debt weigh on markets. Technical signals suggest downside risk if key support breaks.
U.S. EPA permits early switch to winter gasoline to ease fuel costs
Regulator moves up transition to less costly fuel blend starting Sept. 1, aiming to boost supply amid elevated gasoline prices. Policy shift follows Iran conflict and $4-plus-per-gallon national average.
Electra extends Glencore cobalt supply deal to 2031
Five-year extension secures 10,000 metric tonnes of cobalt hydroxide for Electra’s Ontario refinery, aligning with LG Energy Solution’s 60% offtake commitment through 2029.
U.S. debt tops $40 trillion as markets eye trade talks, Fed signals
U.S. debt exceeds $40 trillion for the first time, while energy prices surge amid Middle East tensions. Trade deal deadline with Canada delayed to Saturday, as markets await Fed commentary and corporate earnings.
Silver rises above $68.88 as technical breakout fuels bullish bets
Technical analysis points to sustained upside if resistance at $69-$70 holds, with a short-term mean at $67.84. Fundamentals align as the Silver Institute projects a sixth annual deficit by 2026.
Euronext wheat hits four-week high as Black Sea disruptions curb exports
Benchmark wheat prices surged 1.8% to €241 per metric ton on Euronext amid escalating war-related shipping disruptions in the Black Sea, redirecting demand to Western Europe.
Gold rises as Trump escalates economic pressure on Iran
U.S. sanctions threat against Iran lifts gold, oil prices; Fed rate-hike odds remain low ahead of Jackson Hole. Analysis flags technical resistance and profit-taking risks.
Exxaro's 1H 2026 coal output jumps 11% as energy transition accelerates
South African miner reports record coal production and renewable energy gains, but earnings per share fall 20% amid higher costs and manganese acquisition. Dividend maintained at R7.00 per share.
Middle East oil risks push tanker prices to record highs
VLCC and second-hand supertanker values exceed $130 million as Gulf exporters charter fleet to bypass Strait of Hormuz threats. Charter rates also hit historic peaks.
Gold rallies past $4,500 as dollar weakens; analyst sets new targets
Analyst flags $4,500 breakout as U.S. Treasury bond support triggers short covering; outlines resistance and downside scenarios with updated price levels.
KN Energies posts 60% profit jump in H1 2026 on LNG demand
Net profit surged to €13.8 million as regulated LNG activities drove revenue to €58.1 million. EBITDA rose 15% to €31.1 million amid strong European gas market conditions.
Ramelius posts record 74% EBITDA margin on lower gold output
Australian miner Ramelius Resources reported FY26 underlying EBITDA of A$765.4 million despite a 36% drop in gold production. Record margins and cash returns offset lower volumes amid portfolio optimisation.
E-mini crude oil futures jump 2.6% as Strait of Hormuz tensions tighten supply
Futures rise to $86.55 on record diesel crack spreads and a 328,000-barrel U.S. crude draw, amid escalating Gulf shipping disruptions and no U.S.-Iran talks.
European gas prices rise as Strait of Hormuz shipping slowdown persists
Dutch front-month futures gain 0.2% as Qatari LNG cargoes remain stranded amid reduced tanker traffic through the Persian Gulf.
Nordic Iron’s Blötberget project NPV rises to $325m on drilling results
Updated mineral resource estimate boosts Blötberget and Väsmanfältet deposits, lifting net present value and extending mine life to 23 years. Pre-feasibility study published as DFS work begins.
Switzerland secures gas supply option via France-Italy pipeline
Bund and gas industry arrange fallback gas access for winter 2026-27. Option covers about 10% of projected winter demand. Costs capped at low single-digit millions, shared across all gas users.
Oil steadies near one-month high as U.S.-Iran tensions support weekly gain
Brent crude set for second straight weekly advance above $93 a barrel after U.S. threats of new sanctions on Iran and threats to the Strait of Hormuz tightened supply concerns.
Asia stocks slip on the week as bond yields, oil remain elevated
Regional equities end lower amid persistent inflation pressures from elevated crude prices and U.S. Treasury yields near multi-year highs. Dollar index hits three-month low.
Odfjell posts 68.8% Q2 profit surge on higher spot rates
Norwegian chemical tanker operator Odfjell SE reported net profit of $54 million in Q2 2026, up 68.8% from the prior quarter, as stronger spot rates offset geopolitical disruptions.
Jefferies downgrades U.S. steel sector outlook ahead of Canada tariff deal
Analysts cite potential tariff reduction to 25% from 50% as U.S. and Canada near trade agreement. Nucor remains top pick despite heightened risks.
Gold miners' Q2 earnings defy metal's slump, GDXJ valuations hit decade lows
Smaller gold miners posted near-record profits despite gold's 14.1% quarterly drop, pushing GDXJ valuations to their lowest in at least a decade. The analysis flags the ETF as a potential buy amid historical underperformance relative to gold.
Dorchester Minerals hits 52-week high as Williston Basin deal lifts shares
Dorchester Minerals LP shares jumped to a 52-week peak of $28.97 as a $1.2 billion Williston Basin acquisition and strong dividend yield of 17.8% drove gains. Year-to-date returns exceed 41%.
Gold allocation: Study recommends up to 20% in diversified portfolios
Research suggests a 9% gold and 11% silver allocation for Swiss investors, rising to 25-30% after tax, with disciplined rebalancing to manage volatility.
Oil market braces for supply surge as bypass routes expand
Strategic bypass pipelines and U.S. shale growth are eroding Hormuz risk while Iraq seeks higher OPEC quotas and Venezuela’s export rebound faces port bottlenecks.
Truist lifts gold rating to neutral on rate outlook and dollar softening
Analysts cite stabilizing real yields, central bank demand and technical breakout as gold recovers from 15% drawdown. Upgrade follows softer U.S. data and Treasury buyback expansion.
Swiss watch exports rise 9.6% in July, led by U.S. demand
July shipments reached 2.63 billion francs, extending a rebound that has pushed year-to-date exports 0.9% higher despite a mid-year slowdown. U.S. sales surged 26.5%, while France more than doubled its imports.
FTSE 100 edges lower as Middle East tensions lift oil prices
London’s blue-chip index slipped 0.03% as Brent crude surged 2.4% amid U.S.-Iran standoff over the Strait of Hormuz. Anglo American and JD Sports led sector declines.
Hormuz disruption adds measurable risk premium to oil prices
Saudi crude imports to the U.S. fell 91% as refiners ran at multi-year highs, signaling a durable supply shift tied to Strait of Hormuz constraints.
Iraqi crude emerges as key alternative as China, U.S. reroute oil flows from Hormuz
Chinese refiners and U.S. importers are pivoting to Iraqi oil as Gulf supply via the Strait of Hormuz faces disruption. The shift is compressing Iraqi grade discounts and reshaping regional refining margins.
Gold extends gains as Treasury yields fall and dollar weakens
Analysis highlights supportive macro backdrop for gold, with technical levels suggesting potential for further upside toward 4,597 if resistance breaks. Risks remain tied to Fed policy and yield dynamics.
Kazatomprom posts 9% revenue growth in H1 2026 as uranium prices rise
Kazakh uranium producer Kazatomprom reported a 9% year-over-year increase in revenue to 718 billion tenge, driven by higher uranium prices and production growth, despite a decline in net profit.
Oil, LNG markets brace for prolonged squeeze as Hormuz flows plunge
Diesel and refined fuel crack spreads surge as Strait of Hormuz flows fall to 11% of pre-war levels. IEA warns of 4.3 million bpd global supply drop, deepening energy crunch amid prolonged Middle East conflict.
Gold prices rise above $4,580 on technical breakout; targets $4,626
Technical analysis suggests gold could test $4,626 after breaking above key resistance levels, with macro factors including lower yields and geopolitical risks supporting gains.
Wheat buyers shift sourcing as Black Sea attacks tighten supply
Chicago futures surge 17% since July as Asian buyers seek alternatives to Black Sea wheat disrupted by Ukrainian port strikes. Egypt and Indonesia among nations scrambling to secure cargoes.
Oil prices hold near multi-week highs on Middle East supply risks
Brent and WTI futures rise modestly as geopolitical tensions in the Strait of Hormuz threaten crude flows. Market watchers see limited downside amid tight supply dynamics.
Gold, silver surge as U.S. Treasury boosts long-dated bond buybacks
Longer-dated Treasury buybacks doubled to $4 billion per operation as debt tops $40 trillion, sending gold and silver higher amid dollar weakness and debasement trade speculation.
Gold Royalty Corp. outlines 2030 production target of 30,000 ounces
Company details growth plan at Micro-Cap Virtual Conference, targeting 500% to 600% output increase by decade's end amid $120M-$150M annual revenue outlook.
Atome secures funding for 300MW Paraguay solar feasibility study
London-listed Atome PLC will conduct a solar feasibility study near its Paraguay fertilizer plant, with funding from a multilateral development bank. A 300MWp capacity is planned.
Gold miners in Asia, Australia surge after overnight bullion rally to $4,523
Asian and Australian gold miners jump up to 15.9% as spot gold holds above $4,500 following its biggest overnight rally in nearly three months, fueled by a weaker dollar and U.S. Treasury bond buyback plans.
North Dakota oilfield activity rises as crude prices climb toward $80
Rig count increases to 33 in August from 27 in July as Bakken crude trades at a $4.39 premium. Operators cite sustained price strength and Middle East supply risks as drivers.
Gold, silver surge to records; traders weigh profit-taking risks
Precious metals hit historic peaks in Asian trading as momentum buying accelerates, but intraday volatility and crowded positioning raise the odds of a sharp correction ahead of the U.S. session.
Südkorea testet Arktis-Route nach Europa trotz EU-Sanktionsrisiko
Erste Containerschiff-Pilotfahrt durch Russlands Nordostpassage soll Fahrzeit um bis zu 35% verkürzen, doch westliche Partner warnen vor Kooperation mit Moskau.