A survey shows that OPEC's oil production fell in April despite a planned increase in output. This was due to a reduction in Venezuelan supplies in response...
India's Jindal Steel said on Thursday that a domestic trade organization will seek anti-dumping duty on stainless steel imported from China and Vietnam. This comes weeks after...
The European Commission announced on Thursday that it would take countermeasures against imports from the United States worth up to 95 billion euro ($107.2 billion), if Washington...
The United States has imposed massive tariffs on Chinese goods, and the Chinese economy faces a huge blow. However, the commodity that is most vulnerable is not...
Igor Shuvalov, the head of VEB's Russian state-owned development bank, said that VEB will provide funding worth around 3.5 trillion Russian roubles (42.74 billion dollars) for joint...
Rosatom, a Russian company, has filed a suit in Moscow against Finland’s Fortum and Outokumpu. The lawsuit demands 227,8 billion roubles (2.8 billion dollars) as compensation for...
After a social media backlash, the film studio of Asia's richest person Mukesh Ambani retracted its trademark application for the codename used to describe India's military strike...
ConocoPhillips surpassed Wall Street expectations for the first-quarter profits on Thursday. Chief Financial Officer Bill Bullock, who has worked at the Texas-based oil producer for 39 years,...
Former special representative of Donald Trump said that the president is taking a more aggressive approach to Russia in order to achieve the ceasefire he had promised...
Acerinox, a Spanish steelmaker, said it expected to benefit from the "deglobalisation", and increased trade barriers. However tariff-related uncertainty hurt its first-quarter results. Acerinox is unique in...
The European Parliament approved on Thursday plans to make it easier for wolves to be hunted in the EU. They cited their increasing numbers and the danger...
Thursday, the United States and Britain are expected to announce an agreement that will lower tariffs for some goods. This is the first such deal since U.S....
Copper prices fell on Thursday, as the dollar remained steady and market attention shifted to U.S. China talks this weekend. As of 0950 GMT, the benchmark copper...
ADNOC Drilling is the subsidiary of Abu Dhabi’s state oil company. It reported on Thursday a 24 percent increase in profit for its first quarter, driven by...
According to draft conclusions of a summit on EU energy ministers to be held next month, the EU wants to include energy policies as part of its...
Gold prices dropped on Thursday as U.S. president Donald Trump hinted that he might sign a trade agreement with Britain. This lowered trade tensions, and reduced the...
According to a letter released by the Brazilian presidency on Thursday, COP30, which is this year's global climate summit, has called for new global governance mechanisms in...
Thursday is expected to see the United States and Britain announce an agreement to lower tariffs for some goods. This will be the first such deal since...
Outokumpu, a Finnish stainless steel manufacturer, expects that global uncertainties due to U.S. Tariffs will impact its operating environment during the second quarter after its core earnings...
Two people with first-hand knowledge of the situation said that China's central banks has allowed some commercial banks in China to purchase foreign currency for the payment...
Two people with first-hand knowledge of the situation said that China's central banks has allowed some commercial banks in China to purchase foreign currency for gold imports...
Analysts and traders say that China's steel imports will plummet in the second quarter. This could exacerbate an existing supply glut in China, while the trade war,...
JFE Holdings (parent of Japan's second largest steel manufacturer) has set aside 400 billion Japanese yen ($2.8billion) to invest overseas over a three-year period. It expects the...
Malaysian palm futures fell Thursday, reaching their lowest level since September. However, strong Indian buying and short-covering helped to erase some of the early losses. By midday,...
Ashok Chandra, the CEO of Punjab National Bank, India's second largest state-run bank by assets, said that the bank aims to recover a higher percentage of soured...
Two weeks after an attack that killed 26 people in India, the US announced on Wednesday it had destroyed nine sites in Pakistan which it called "terrorist...
Heidelberg Materials, the second largest cement manufacturer in the world, reported sales and profits that exceeded expectations for its first quarter. The company also confirmed its outlook...
Oil prices rose on Thursday, after dropping more than $1 the previous session. This was due to hopes that a breakthrough would be made in upcoming trade...
Metal prices in London rose mainly on Thursday, ahead of the U.S. China trade talks this Saturday. This was after the Federal Reserve warned that rising inflation...
On Thursday, climate change protesters shouted and blew whistles as they disrupted Australian Woodside Energy's Annual General Meeting. They also heckled Chief Executive Meg O'Neill. Similar to...
North Star has officially named its first commissioning service operation vessel (CSOV), the Grampian Kestrel.The vessel was named at a ceremony at VARD’s shipyard in Vard Langsten...
Iron ore futures prices fell on Thursday, as traders considered the impact of trade tariffs between China and the United States. They also weighed concerns about a...
Gold rose on Thursday, after the Federal Reserve warned that rising inflation and labor-market risks were fueling economic uncertainty. Investors awaited this weekend's outcome of U.S. China...
Investors in London reacted to the Federal Reserve's warning about the potential impact of rising inflation and labor market risks on economic uncertainty by varying the metal...
Investor sentiment was weighed down by uncertainty about the outcome of the trade talks between China and the U.S., the two world's largest oil consumers. Brent crude...
The Nikkei reported that the Japanese telecoms giant Nippon Telegraph and Telephone Corp. plans to launch an offer up to 3 trillion Japanese yen (20.92 billion dollars)...
The mining chamber CAEM announced on Wednesday that lithium production in Argentina will increase by 77% this coming year. This is equivalent to 131.800 metric tonnes of...
A U.S. Federal Judge said that he would rule on May 14 whether or not to stop the Trump Administration from transferring Arizona Land to Rio Tinto...
Exxon Mobil announced on Wednesday that it had signed a long term agreement with Marubeni, a Japanese trading company, to supply the Japanese trading house 250,000 metric...
British Steel announced on Wednesday that it will hire more than 180 new employees as it prepares for a production increase following the British Government's operation seizure...
Occidental Petroleum beat Wall Street expectations for the first-quarter profits on Wednesday thanks to strong production and favorable commodities prices. Benchmark Brent crude averaged $74.98 per barrel...
APA Corp announced on Wednesday it would sell New Mexico Permian assets to focus on its core business. This was in an effort for the company to...
KoBold Metals, a metals exploration firm based in California, announced on Wednesday it had reached an agreement with AVZ Minerals to purchase their interests in the Manono...
In choppy trading, the dollar and U.S. Treasury yields both gained and lost some ground on Wednesday. The Federal Reserve had left its interest rates unchanged but...
The U.S. Energy Information Administration announced on Wednesday that they estimate that the average number oil wells completed within 50 feet from each other simultaneously in the...
Kenyan courts fined four men each $7,700 for attempting to traffic thousands of valuable ants to the country's eco-system. Experts say that this case shows a shift...
The first ever air pollution trading scheme in the world has produced results Experts warn against relying too heavily on market solutions The developing nations are unable...
Suncor Energy, Canada's second largest oil producer, said that a recent campaign to cut costs had helped it weather the lower oil prices in the world. However...
In a ceremony broadcast on state television, Russian President Vladimir Putin signed a strategic agreement with Venezuelan President Nicolas Maduro. Interfax, a Russian news agency, reported that...
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