Baoshan Iron & Steel Co, 'China's largest listed steelmaker said it would reevaluate a?investment into a steel joint venture? in Saudi Arabia. Baosteel and Saudi Aramco signed...
?U.S. Valero Energy, a refiner, surpassed Wall Street's expectations for the first quarter adjusted profit on Friday, thanks to its refining segment and margins, as well as...
Fitch, a credit?rating company, said the United Arab Emirates'?decision to withdraw from OPEC 'would not have an immediate 'impact on its metric' but could increase oil revenues...
A poll conducted on Thursday showed that analysts have raised their oil price predictions for the second consecutive time since the Iran War began at the beginning...
Ukraine's Security Service (SBU) said that its drones struck an oil refinery near the Russian city of Perm on Thursday. This was the second attack in a...
What's important in the U.S. and international markets today by Mike Dolan, Editor at Large,?Finance and Markets The markets can't ignore the new surge in oil prices...
Gold prices jumped Thursday as oil prices slid and the 'dollar' eased. Some analysts also cited an increase in demand for safe-haven assets due to growing fears...
Bombardier, a Canadian business jet manufacturer, reported on Thursday a 5% increase in revenue for the first quarter. This was aided by a robust demand for maintenance...
Krishna Srinivasan, IMF director for Asia Pacific, said that Asian countries need to prepare for future shocks while they deal with the energy crisis brought on by...
China has exported large quantities of a rare earth used in chip-making and aerospace to the United States. Customs data showed that in March, tight controls, which...
By America Hernandez PARIS, 30 April - French oil major TotalEnergies, and Philippine renewables developer Nextnorth, have announced that they have started construction on a 440 Megawatt-peak...
The demand for gold in India slowed this week due to volatile global prices and the weaker rupee. Meanwhile, premiums from China rose as they stocked up...
Dalian iron-ore futures posted their third weekly gain in a row on Thursday as positive factory activity data from China boosted demand prospects for the second largest...
ABU DHABI 30 April - Saudi Arabian real gross domestic products grew by 2.8% year-on year in the first quarter of this year, according to preliminary government...
Why are global equity markets so resilient to the Iran Oil shock? Oil at $100 per barrel 'doesn’t mean the same thing it used to. Brent crude...
Austria's OMV raised its forecasts on Thursday for energy prices in 2026 and said that it expected higher prices as a result of lower production due to...
Repsol, the Spanish oil refiner, posted a 57% increase of its first-quarter adjusted profit on Thursday as oil refining margins soared. It also announced that it would...
ArcelorMittal, the world's second-largest steelmaker, reported stronger-than-expected core earnings ?on Thursday, helped by ?higher steel prices and ?improved performance ?in its North America business. According to LSEG...
Major fund managers have predicted a sustained rally for mining and metals, as money pours in at the fastest rate in years. This is due to a...
The first quarter profits of European oil majors were boosted by bumper trading gains, as the Iran Warupended supply chain. This highlights how shifting?barrels across the globe...
The London Metal Exchange's Asia Week conference, which takes place next week in Hong Kong, will be dominated by geopolitics. The U.S. and Israeli war against Iran...
BASF reported on Thursday that its quarterly adjusted operating profits had declined 5.6%. It cited 'negative currency effects and 'competitive pressures.?It also added that the impact of...
Stella Qiu gives us a look at what the future holds for European and global markets. Jerome Powell’s parting gift was a hawkish one - the U.S....
The U.S. economy accelerated in the 1st quarter, likely due to a rebound of government spending following a crippling shutdown. However, the improvement is expected to be...
Oil prices rose Thursday after a report that the U.S. was considering military action against Iran to break the deadlock of negotiations to end the conflict. This...
Three merchant bankers told a group of 'tourists' on Thursday that India's Torrent Power will 'launch' the first acquisition-funded bond issue 'of the current fiscal year. This...
Dalian iron-ore futures rose on Thursday for the second session in a row, as positive factory activity data from China boosted demand prospects. As of 0222 GMT,...
Brad Cooper, the head of the U.S. Central Command (Axios) reported Wednesday that U.S. president Donald Trump will receive a briefing on new 'plans' for a?potential armed...
Three sources with knowledge of the situation said that India's state-run oil refineries are using a special FX credit line provided by the largest bank in the...
Treasury Department imposed sanctions against China's Hengli Petrochemical Refinery (Dalian), accusing it of "buying billions in Iranian oil", in a significant increase in Washington's effort to curb...
Analysts and traders said that spot premiums on physical crude had fallen from the record highs set during the Iran War as refiners were drawing down their...
The oil prices continued to rise on Thursday as there was concern that supply in the Middle East, a key region for producing oil, would remain stagnant...
Government data revealed that Japan's factory output unexpectedly dropped in March compared to the previous month. This was due to a decrease in chemical and fuel product...
The U.S. headline and core inflation rates are headed back over 3%, and inflation expectations are building steam for the year ahead. Federal Reserve can only take...
Ford Motor raised its annual guidance by $500 million on Wednesday, thanks to significant tariff refunds. However, it said it still faced rising material costs as it...
The presidency announced on Tuesday that President Bola Tinubu has nominated Rabiu Abdullahi as the new chief executive officer of the Nigerian Midstream & 'Downstream Petroleum Regulatory...
Wafa, the official Palestinian news agency, reported that a?Palestinian teenager was killed?during a military raid by Israel in?the West 'Bank?occupied on Wednesday. The Palestinian Health Ministry said...
The United States Food and Drug Administration confirmed on Wednesday that infant formula samples tested in the U.S. contained very low levels contaminants. This confirms the safety...
Gold extended its losses on Wednesday, falling?to?a?one-month low as the U.S. Federal Reserve left rates unchanged as anticipated and traders were worried about inflation resulting from the...
Entergy, a U.S.-based electric utility, has increased its capital spending plan for the next four years by 33%, to $57 billion. This increase is largely due to...
Hegseth, the U.S. Defense Secretary, made fiery remarks to Congress on Wednesday. He defended the Iran War by saying it was not a "quagmire" and called Democratic...
A senior Pentagon official said that the United States war against Iran had 'cost' $25 billion to date. This was the first estimate of the cost for...
Analysts estimate that Thyssenkrupp's share of the proceeds from Kone's proposed purchase of liftmaker TK Elevator is nearly two thirds of its current market capitalisation. According to...
Researchers in Rio de Janeiro reported that the coral cover on Brazil's Abrolhos reefs, which is the most biodiverse ecosystem of the South Atlantic, had fallen by...
Analysts estimate that Thyssenkrupp will benefit from Kone's $34.4 billion acquisition of liftmaker TK Elevator. According to Jefferies' and JPMorgan's estimates, the windfall would be as high...
Three sources with knowledge of the matter said that India's state oil refineries are only using a limited amount of the "special FX credit lines" offered by...
The gold price fell for the?third consecutive session on Wednesday as inflation concerns linked to the?ongoing?conflict? in the Middle East clouded monetary policy outlooks. Meanwhile, the U.S....
Researchers in Rio de Janeiro have reported that the coral cover on Brazil's Abrolhos Reefs, which is the most biodiverse coral system in the South Atlantic has...
Ukraine has used drones to strike what it claims is an oil pumping facility in Russia, near the Ural Mountains. President Volodymyr Zelenskiy said Kyiv will continue...
The military reported that Nigerian troops killed 18 'Islamist militants' and destroyed several insurgent camps in coordinated operations across the 'Borno State, as the security forces increased...
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