Commodities
Colombia coffee exports halted after earthquake: Asoexport
Major coffee exporter Asoexport reports temporary halt in shipments following a 6.1-magnitude quake near key growing regions.
Middle East oil output seen below pre-conflict levels through 2027
IEA warns regional production will lag 2023 levels amid ongoing disruptions and underinvestment.
Northwest European gasoline margins rise on supply concerns
Gasoline refining margins in Northwest Europe increased as traders priced in tighter supply amid refinery outages and seasonal demand. The move reflects broader energy market volatility.
U.S. power demand to hit record highs by 2027: EIA
Electricity consumption expected to climb 3% annually through 2027, driven by AI, manufacturing and data centers.
Shell and Equinor sell WTI Midland cargoes to TotalEnergies
Oil majors divest U.S. shale crude cargoes as European refiners adjust sourcing amid shifting market dynamics.
Chile’s copper output to decline 2.6% in 2026, Cochilco forecasts
State copper agency Cochilco projects Chile’s copper production will fall to 5.75 million tonnes in 2026, citing aging mines and water scarcity as key constraints.
Bitcoin falls to one-week low ahead of U.S. CPI data
Gold prices rise to nine-week highs as retail investors increase ETF holdings, while Bitcoin declines ahead of key inflation data.
Ur-Energy reports record Q2 2026 uranium output, district expansion progress
Company achieves highest quarterly uranium production in its history while advancing district-scale expansion initiatives. Shares indicated higher in pre-market trading.
CME Group to launch GPU compute futures contracts in October
Chicago-based exchange operator to introduce new derivatives tied to graphics processing unit computing power, expanding into high-performance computing markets.
Argentine lithium project seen with 70% Q2 2026 margins
Project slides project robust cash flow and high profitability for Argentina-focused lithium venture in mid-2026.
EU soft wheat exports drop to 1.01 million tons by Aug. 9
Exports fall 18% from prior year as global demand slows and Black Sea competition intensifies.
U.S. emergency oil reserves sink to 43-year low, supply risks rise
Strategic Petroleum Reserve falls to lowest level since 1983 amid elevated geopolitical tensions and heightened market volatility.
European Gas Prices Rise Over 2% on Strait of Hormuz Supply Concerns
European natural gas futures climbed by more than 2% as uncertainty surrounding transit through the Strait of Hormuz reportedly weighed on global supply expectations.
Venture Global raises Q2 2026 EBITDA guidance on strong outlook
Natural gas company lifts EBITDA forecast for Q2 2026 to record levels, citing improved operational efficiency and demand outlook.
EPL Q1 FY27 revenue rises 25% despite commodity inflation
Revenue growth driven by pricing power and volume gains, though rising costs from commodity inflation weigh on margins.
Blockchain startups target $3 bln Pokémon card market amid liquidity push
Trading card collectors spend millions on rare Pokémon cards, while crypto firms attempt to digitize and trade them as NFTs to boost liquidity in the $3 billion market.
Three killed in attacks on ships in Red Sea and Gulf of Aden
Houthi militants and regional tensions escalate as vessels targeted in separate incidents amid ongoing maritime security concerns.
Oil traffic through Strait of Hormuz falls sharply despite reopening claims
Declining tanker volumes through the key chokepoint raise questions about the durability of regional trade flows amid geopolitical tensions.
Citi sees silver rallying to $90 on surging investment demand
Analysts at Citi project silver prices could nearly double to $90 per ounce as physical and ETF demand outpaces supply constraints.
U.S. offers 81 million acres in Gulf of Mexico for oil drilling
Interior Department auction targets offshore blocks amid energy policy shift. Bids open in August as industry eyes expanded production.
Indian bonds slip as Brent crude tops $90
Benchmark 10-year yield rises as higher oil prices stoke inflation concerns and weigh on investor sentiment.
Gold surges toward $5,000 amid debt, oil and geopolitical risks
Analysts cite rising U.S. debt, energy-price inflation and Middle East tensions as catalysts for a potential historic rally in the yellow metal.
XCF Global sells renewable diesel to Tartan Oil unit
Transaction underscores growing demand for biofuels amid tightening environmental regulations and energy transition trends.
Blue Moon Metals buys 33 U.S. tungsten, antimony projects
Acquisition expands junior miner's portfolio in critical minerals amid rising demand for battery and defense applications.
