Latest news

Asia / Pacific
Jul 20, 2024

SQM shareholder Tianqi weighs legal actions after Chile regulator clears SQM-Codelco deal

China's Tianqi Lithium stated on Friday it was evaluating possible legal action against a. Chilean regulator's judgment allowing a tieup in between No. 2. lithium producer SQM,...

United States
Jul 20, 2024

US drillers cut oil and gas rigs to Jan 2022 low for 3rd week - Baker Hughes

U.S. energy companies this week cut the number of oil and gas rigs running to the lowest given that January 2022 for a third week in a...

France
Jul 20, 2024

French soft wheat scores consistent but production plunge still looms

The condition of France's primary wheat crop was the same for the 2nd week in a row recently, data from farm workplace FranceAgriMer showed on Friday, however...

Asia / Pacific
Jul 20, 2024

Copper resumes sag on supply overhang and weak need

Copper costs slipped on Friday on issue over surplus products and sluggish need in leading metals consumer China, where the currency is likewise weakening. Three-month copper on...

Greece
Jul 20, 2024

Greece battles wildfires fanned by strong winds, leaves villages

Greece battled on Friday several wildfires at the southern idea of its mainland which were fanned by galeforce winds and required evacuations of towns. Lots of firefighters...

Asia / Pacific
Jul 20, 2024

Stocks dip as tech rally slows, US dollar climbs

A gauge of global stocks dipped for a 2nd straight session on Friday and the dollar hit its highest level considering that early May as a gauge...

Italy
Jul 20, 2024

Ferrari says new plant will improve flexibility, reduce vehicle development times

Ferrari will utilize its brand-new production site to boost manufacturing versatility and shorten the time needed to establish and roll out new models, rather than to increase...

North America
Jul 20, 2024

Canada April retail sales up 0.7%, a drop most likely for May

Canada's retail sales broadened by 0.7% in April as anticipated, bucking a trend of decline in the last 3 months, as sales at gasoline pumps enhanced the...

Asia / Pacific
Jul 20, 2024

Gold set for 2nd weekly gain on United States rate-cut optimism

Gold rates were set to publish a. 2nd consecutive weekly gain on Friday as current softer U.S. economic information kept traders positive about interestrate cuts. later on...

South-West Asia
Jul 20, 2024

India's May oil imports: Russia at record high, Saudi least expensive in 10-mth

India's oil imports from Russia increased to a record of about 2.1 million barrels daily ( bpd) in May as discount rates for Russian oil expanded on...

Italy
Jul 20, 2024

Italy's leading court to decide on Eni climate modification prosecution, Greenpeace says

Italy's highest court will choose whether the country is the best location to pick an unmatched court case versus energy group Eni brought by 2 environmental groups,...

Germany
Jul 20, 2024

EU approves $3.2 bln in German hydrogen pipeline support

The European Commission has actually accepted about 3 billion euros ($ 3.2 billion) of scheduled German state help for building a system of hydrogen pipelines referred to...

Nordic States
Jul 20, 2024

Oil exploration boom in Namibia

Namibia has actually become an oil expedition hotspot after several discoveries over the last few years along its coast. It has not yet produced any oil or...

Crude Oil
Jul 20, 2024

Stocks rally fades as traders puzzle over United States economy

International stocks traded cautiously on Friday as the dollar hit multiweek highs and markets awaited U.S. organization studies for clues to figure out whether the world's largest...

Japan
Jul 20, 2024

Japan PM extends fuel aid, temporary support for household energy bills

Japan will extend a fuel fuel aid up until completion of the year, Prime Minister Fumio Kishida said on Friday, and will temporarily reintroduce relief on energy...

Environment
Jul 20, 2024

Intense heat in Gaza could intensify health crisis for Palestinians, WHO alerts

The World Health Organization alerted on Friday that scorching heat in the Gaza Strip might worsen illness for Palestinians displaced by Israeli bombardment and heavy battling in...

Asia / Pacific
Jul 20, 2024

VEGOILS-Palm tracks competing oils lower, posts third weekly drop

Malaysian palm oil futures posted a 3rd consecutive weekly drop as the market pulled away on Friday after two sessions of gains, tracking weakness in rival vegetable...

Asia / Pacific
Jul 20, 2024

Asia Gold-India discount rates broaden as raised prices dull demand

Physical bullion demand in India, the world's secondlargest gold consumer, decreased this week as rates approached near record high levels, dampening retail purchases in the lack of...

East European Countries
Jul 20, 2024

China's Wison New Energies to stop Russian jobs in blow to Arctic LNG 2

Chinese engineering firm Wison New Energies has decided to stop all of its continuous Russian projects, and will immediately and forever stop taking any brand-new Russian service,...

Ukraine
Jul 20, 2024

Ukraine states its drones struck four Russian oil refineries in major attack

Ukrainian longrange attack drones struck 4 Russian oil refineries in addition to radar stations and other military targets in Russia in a significant attack in the early...

United Kingdom
Jul 20, 2024

Howden develops service warranty and indemnity policy for carbon credits

Insurance broker Howden Group stated it has actually helped develop the world's first guarantee and indemnity policy for carbon credits as part of efforts to improve rely...

Western Europe
Jul 20, 2024

Gold set for weekly gain on US rate-cut optimism, geopolitical troubles

Gold prices were poised for a 2nd consecutive weekly gain on Friday, driven by safehaven demand in the middle of stress in the Middle East and increasing...

Asia / Pacific
Jul 20, 2024

Copper costs fall as firm dollar, high inventory weigh

Copper futures relieved on Friday on a. firmer dollar and high stock level, however the losses were. topped by some need rebound after costs fell in recent....

Western Europe
Jul 20, 2024

Australia's east faces instant gas lack amidst cold snap, interruption

Australia's east is facing a. gas shortage after a cold wave increased need for heating and. power while supply dipped due to an extended outage at the....

Asia / Pacific
Jul 20, 2024

South Korea summons Russian ambassador over pact with North Korea

South Korea's foreign ministry stated it had actually summoned the Russian ambassador in demonstration of a pact in between Russia and North Korea checked in Pyongyang this...

Oil & Gas
Jul 20, 2024

Diamond Offshore Inks $89M Drillship Deal

U.S.-based offshore drilling company Diamond Offshore has signed a contract with BOE Exploration & Production for its Ocean BlackRhino drillship, set for work in the U.S. Gulf...

Asia / Pacific
Jul 20, 2024

Iron ore heads for 4th weekly fall on talk of China steel curbs

Iron ore futures rates slipped on Friday and were on track for a 4th straight weekly loss, amid talk in the market of a cap on crude...

China
Jul 20, 2024

Serious drought forces corn farmers in China's east to delay planting

After weeks of scorching heat and little rain, farmer Zhang Yunjing had no option but to collect water from a wastewater pipeline to irrigate her dry corn...

Mineral Resources
Jul 20, 2024

Australia shares eke out modest gains pushed by cenbank's hawkish stance

Australian shares closed greater on Friday on broadbased gains, capped by financiers stressing over slim possibilities of rate of interest reducing right after the nation's. central bank...

Asia / Pacific
Jul 19, 2024

Drone crashes into Ilsky oil refinery in Russia's Krasnodar region

A drone crashed into the Ilsky oil refinery in Russia's southern Krasnodar area on Friday, injuring a minimum of two individuals and causing a small fire, local...

Asia / Pacific
Jul 19, 2024

VEGOILS-Palm tracks competing oils lower, set for 3rd weekly drop

Malaysian palm oil futures were on track for a third successive weekly fall as the marketplace pulled away on Friday after 2 sessions of gains, tracking weakness...

Nordic States
Jul 19, 2024

Europe's solar energy rise hits costs, exposing storage requirements

Europe has actually clocked a. record number of hours of negative power rates this year due to. a mismatch between need and supply as solar energy generation....

Australia / New Zealand
Jul 19, 2024

Asian shares end the week with a whimper, yen back to intervention watch

Asian shares are ending the week with a whimper after a recent rally to 26month highs drew profittaking, while the ruthless strength in the U.S. dollar pushed...

Asia / Pacific
Jul 19, 2024

Copper costs set for weekly gain on demand pick-up

Copper futures dropped on Friday on a more powerful dollar, although the London agreement was poised for its first weekly gain in 5 as physical demand picked...

China
Jul 19, 2024

Iron ore heads for fourth weekly fall on talk of China crude steel output cut

Iron ore futures costs were little bit changed on Friday but were on track for a 4th weekly loss, in the middle of talk in the market...

Australia
Jul 19, 2024

Australia's Pilbara Minerals eyes $800 mln road to double lithium output

Pilbara Minerals , Australia's biggest independent lithium manufacturer, on Friday set out a A$ 1.2 billion ($ 799.2 million) strategy to double production capacity for lithium spodumene...

Energy Markets
Jul 19, 2024

Asian shares end the week with a whimper, yen struggles

Asian shares are ending the week with a whimper after a rally to 26month highs earlier this week drew profittaking, while the strength in the U.S. dollar...

Australia
Jul 19, 2024

Australia's Pilbara Minerals eyes $799 mln road to double Pilgangoora lithium output

Pilbara Minerals, Australia's greatest independent lithium manufacturer, stated on Friday it could double its production capacity for lithium spodumene at its Pilgangoora operations in Western Australia. A...

Australia / New Zealand
Jul 19, 2024

Australia's east faces instant gas lack amidst cold snap, outage

Australia's east is dealing with a. gas scarcity after a cold wave drove up need for heating and. power while supply dipped due to an extended failure...

United States
Jul 19, 2024

Oil rates slip as rate trek worries enter focus

Crude oil futures slid in early trade on Friday on the possibility of higherforlonger interest rates in Asia and the United States, while falling U.S. oil inventories...

Europe
Jul 19, 2024

Solar can offer 20% of world electrical energy on northern summer solstice, thinktank says

The world has enough solar power capability to produce a fifth of its midday peak electrical power needs on the longest day of the year in the...

Asia / Pacific
Jul 19, 2024

Fulcrum LNG called to assist Guyana develop its gas resources

U.S. company Fulcrum LNG was picked to help Guyana establish a strategy to design, finance, construct and run a gas processing center in the South American country,...

North America
Jul 19, 2024

Canada oil sands group gets rid of online material over federal anti-greenwashing guidelines

The Pathways Alliance, a. group of Canada's greatest oil sands producers, has actually removed all. content about ecological goals from its site and social. media pages, citing...

East Africa
Jul 19, 2024

IMF approves over $900 mln to support Tanzania spending plan, climate change battle

The IMF said on Thursday its executive board approved financing for Tanzania of $786.2. million to assist take on environment change while also completing a. separate review...

North America
Jul 19, 2024

REFILE-Oil prices increase on US crude draw; jobs data feeds rate cut hopes

Oil futures got on Thursday after the U.S. Energy Info Administration (EIA) reported a draw on crude oil and data revealing a cooling tasks market that stoked...

Oil & Gas
Jul 19, 2024

MORNING quote ASIA-Japan inflation considered; yen and yuan slide

A take a look at the day ahead in Asian markets. Japanese inflation goes under the microscope on Friday, with analysis likely to be magnified more than...

North America
Jul 19, 2024

Oil prices rise on United States unrefined draw; tasks information feeds rate cut hopes

Oil futures got on Thursday after the U.S. Energy Details Administration (EIA) reported a draw on petroleum and data revealing a cooling jobs market that stoked hopes...

North America
Jul 19, 2024

Claims of human rights abuses 'unproven', Barrick Gold informs UNHRC

Barrick Gold said in a. letter to the United Nations Human Being Rights Council on Thursday. that claims of human rights violations at its North Mara. Gold...

Energy Markets
Jul 19, 2024

Plan for tariff on Brazil ammonium nitrate stirs debate

A proposal to present a tariff on ammonium nitrate imports has actually pitted chemical market lobby Abiquim versus regional fertilizer mixers and powerful food manufacturers that prefer...

Asia / Pacific
Jul 19, 2024

Zelenskiy requires procedures to protect Ukraine's energy system

President Volodymyr Zelenskiy announced on Thursday a set of measures to safeguard Ukraine's. energy system, consisting of protection for plants coming under. Russian fire and the advancement...