Commodities
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.