Latest news

Crude Oil
Jun 27, 2024

Stocks improved by U.S. rate relief; dollar elbows yen lower

Global shares traded around onemonth highs on Tuesday, improved by restored confidence in U.S. interest rate cuts, while a weaker yen and little dip in the Australian...

North Asia
Jun 27, 2024

Russia cuts fuel oil supplies by rail for export by 5% in Apr m/m

Russia reduced fuel oil supplies by rail for export through ports and border crossings by 5%. in April from March to 2.277 million metric heaps amid refinery....

Asia / Pacific
Jun 27, 2024

NORDIC POWER-Forward rates flat as drier weather counters lower carbon, German power

Nordic forward power rates were little changed on Tuesday, as drier weather report in the hydropowerreliant region countered pressure from lower carbon and German power prices. *...

North America
Jun 27, 2024

As climate shifts, a leafhopper bug pesters Argentina's corn fields

Global warming has actually brought Argentina's corn farmers a. dangerous brand-new opponent: a yellow bug just 4 millimeters (0.16. inch) long that prospers in hotter temperatures and...

United States
Jun 27, 2024

Nearly 75 Democratic legislators support Biden's LNG time out

Nearly 75 U.S. lawmakers from President Joe Biden's Democratic party on Tuesday applauded his time out on approvals of exports of liquefied gas, or LNG, saying it...

Ukraine
Jun 27, 2024

Republicans advise Biden to prevent French deal with Russian nuclear power company

Two prominent Republican politician U.S. legislators have advised President Joe Biden to avoid a. French business from working on civil nuclear power projects with. Russia's stateowned nuclear...

North America
Jun 27, 2024

Duke Energy beats first-quarter profit quotes on higher rates

Duke Energy beat Wall Street quotes for firstquarter revenue on Tuesday, as the utility benefited from greater rates and robust demand for electricity. Income from Duke's electrical...

Indonesia
Jun 27, 2024

Freeport might export up to 900,000 metric tons of Grasberg copper concentrate in 2nd half

FreeportMcMoRan is preparing to ship as much as 900,000 metric tons of copper concentrate starting in June from its Grasberg mine after positive talks with Indonesia to...

United States
Jun 27, 2024

Gold eases as dollar ticks greater, Fed speaker on tap

Gold prices slipped on Tuesday as the U.S. dollar firmed, while financiers waited for more comments from the Federal Reserve authorities for further clearness on the timeline...

Saudi Arabia
Jun 27, 2024

Saudi Aramco maintains $31 bln dividend in spite of lower Q1 net income

Saudi Arabian stateowned oil huge Aramco expects to pay $31 billion in dividends to the Saudi federal government and its investors regardless of reporting lower earnings for...

United Kingdom
Jun 27, 2024

UK nuclear regulator grants site licence for Sizewell C task

Britain's Office for Nuclear Guideline has given a nuclear site licence to the Sizewell C. nuclear power task in southeast England, the Sizewell C. company stated on...

ASEAN Countries
Jun 27, 2024

VEGOILS-Palm oil closes higher on weather condition concerns at oilseeds plantations

Malaysian palm oil futures rose for a 2nd session to close at a morethanoneweek high on Tuesday, tracking continual gains in soyoil on poor weather condition in...

China
Jun 27, 2024

China's reserve bank includes more gold to its reserves in April

China's central bank included 60,000 troy ounces of gold to its reserves in April, main information revealed on Tuesday, extending the duration of successive purchases to 18...

Crude Oil
Jun 27, 2024

MORNING quote AMERICAS-Cooler United States takes edginess off markets, UBS jumps

A take a look at the day ahead in U.S. and global markets from Mike Dolan World markets have actually gone back to levels of nearly month...

South America
Jun 27, 2024

Paraguay presses competing bid for $1.5 bln Argentina-Brazil gas port

Paraguay is advancing talks with energy firms and highranking federal government authorities from Argentina and Brazil over a possible $1.5 billion gas pipeline to link the 3...

Nordic States
Jun 27, 2024

How Finnish strikes over labour reforms are impacting companies

The SAK trade union association stated in early April that Finnish labour unions would suspend a. fourweek strike which started on March 11. The strikes have actually...

Europe
Jun 27, 2024

German spot rate drops as consumption falls

The German dayahead power contract fell in Tuesday trading, with solar power supply gains expected to cancel a drop in wind power supply, and a drop in...

Singapore
Jun 27, 2024

Iran's capacity to move oil reliant on Malaysian suppliers, US official states

The United States sees Iran's capability to move its oil as reliant on company based in Malaysia, with oil being moved near Singapore and throughout the region,...

Asia / Pacific
Jun 27, 2024

Japanese steelmaker JFE eyes overseas financial investments in the middle of slower earnings growth

JFE Holdings prepares to ramp up abroad investments as part of a longterm drive to double profits, Japan's No. 2 steelmaker stated on Tuesday, as it posted...

Asia / Pacific
Jun 27, 2024

Asia refiners eye output cuts as earnings downturn on diesel surplus

Asian refiners are thinking about cuts to refined fuel output in the coming months, with some already cutting production in May, after excess diesel supplies squeezed earnings,...

Australia / New Zealand
Jun 27, 2024

EUROPE GAS-Prices primarily up on geopolitical tensions, lower wind output

LONDON, May 7 - Dutch and British wholesale gas costs primarily rose on Tuesday early morning on concerns over geopolitical stress and projections for lower wind production....

Malaysia
Jun 27, 2024

Iran's capability to move oil reliant on Malaysian providers, United States official says

The United States sees Iran's capability to move its oil as reliant on company based in Malaysia, with oil being transferred near Singapore and throughout the region,...

Electric Utilities
Jun 27, 2024

China stocks edge up, led by residential or commercial properties; HK shares fall after 10-day winning streak

China stocks closed up on Tuesday, led by residential or commercial property shares, as a variety of procedures helped lift sentiment in the sector, while Hong Kong...

Asia / Pacific
Jun 27, 2024

Copper hovers around $10,000/ T on funds' buying

Copper rates in London rose on Tuesday, hovering near an essential resistance level of $10,000 a. metric ton, buoyed by funds' purchasing in the middle of Chinese...

Electric Utilities
Jun 27, 2024

Bouygues misses first quarter core earnings expectations, shares fall

France's Bouygues reported firstquarter core profits below expectations on Tuesday, citing a sharp decrease in its Immobilier real estate system that eclipsed a more powerful performance in...

ASEAN Countries
Jun 27, 2024

Stocks increased by U.S. rate relief; dollar elbows yen lower

Worldwide shares traded around onemonth highs on Tuesday, enhanced by restored confidence in U.S. interest rate cuts, while a weaker yen and small dip in the Australian...

South Africa
Jun 27, 2024

BHP firmly insists Anglo American's South African possessions need to enter any takeover, sources say

BHP's strategy to divest the South African possessions of its target Anglo American are essential to the strategy behind the proposed takeover and is anticipated to be...

United Kingdom
Jun 27, 2024

BHP firmly insists Anglo American's South African assets must go in any takeover, sources say

BHP's plan to divest the South African assets of its target Anglo American are crucial to the technique behind the proposed takeover and is anticipated to be...

Nordic States
Jun 27, 2024

Norwegian energy Statkraft to examine method as earnings slides

Norway's biggest energy Statkraft revealed an evaluation of its activities on Tuesday, as it reported a 23% drop in very first quarter operating earnings driven by sharply...

Europe
Jun 27, 2024

Poland thinking about acquiring coal possessions from utilities, minister states

Polish government is thinking about obtaining coal assets from statecontrolled power energies, Market Minister Marzena Czarnecka stated on Tuesday, improving their share rates. Energy companies want to...

East Asia
Jun 27, 2024

Abu Dhabi designer Aldar chooses banks for 10-year green sukuk

Abu Dhabi's largest property developer Aldar Properties has employed banks for its 10year green sukuk offering, a setting up bank document showed on Tuesday. The designer has...

Asia / Pacific
Jun 27, 2024

Petrobras loads diesel from Reliance on unrefined tanker in India after delay

Brazilian energy major Petrobras has filled diesel from India on board a Suezmax crude oil tanker after a monthlong delay, according to shiptracking data and trade sources,...

United Kingdom
Jun 27, 2024

Britain's FTSE 100 hits record high as Shell shines

Britain's FTSE 100 opened at a record high, enhanced by gains in Shell after reported its strategies to offer the Malaysian gasoline station company and BP acquired...

Nordic States
Jun 27, 2024

Finnish steelmaker Outokumpu's Q1 core revenue misses quotes due to strike in Finland

Finnish stainless steel maker Outokumpu on Tuesday reported firstquarter core revenue listed below market expectations due to industrial action in Finland and a tighter scrap market. The...

Moldova
Jun 27, 2024

Susceptible Moldova tightens up energy cooperation with Norway

Norway and Moldova on Tuesday signed a memorandum of understanding to tighten up cooperation in the energy sector focused on securing supply in the eastern European country...

Asia / Pacific
Jun 27, 2024

Gold holds ground on US rate-cut optimism, Middle East concerns

Gold rates held consistent on Tuesday, supported by safehaven need for bullion as Gaza ceasefire remains unsure and also bets that the U.S. Federal Reserve would cut...

United States
Jun 27, 2024

BP Reveals $1.75 Bln Share Buyback

BP PLC: * BP PLC - 1Q24 * BP: LOOKING AHEAD, BP EXPECTS Q2 2024 REPORTED UPSTREAM *. PRODUCTION TO BE SLIGHTLY LOWER COMPARED WITH FIRST-QUARTER 2024...

Nordic States
Jun 27, 2024

China concerns more oil products export quota in second batch for 2024

China has actually released its 2nd batch of improved fuel export quotas for 2024, totalling 18 million metric loads, Chinese consultancies and trade sources said on Tuesday....

Nordic States
Jun 27, 2024

Uniper details 2025, 2026 German and Nordic power hedging for hydro, nuclear

German utility Uniper has sold sizeable quantities of its future hydropower output as part of a hedging method, the business stated in a. discussion for an analyst...

United States
Jun 27, 2024

Tidy energy ETFs start to exceed key oil & gas ETF: Maguire

After a rough number of years, exchangetraded funds (ETFs) connected to clean energy generation and distribution are starting to outperform investor cars centred on oil and gas...

South-East Asia
Jun 27, 2024

PetroVietnam reveals new oil discoveries with preliminary reserves of 100.5 mln barrels

Affiliates of Vietnam's state oil company PetroVietnam have actually made two new oil findings with combined initial reserves of 100.5 million barrels of crude oil, its exploration...

Environment
Jun 27, 2024

VEGOILS-Palm oil extends gains amid weather woes at oilseeds plantations

Malaysian palm oil futures increased on Tuesday for a 2nd session, tracking continual gains in soyoil in the middle of bad weather in Brazil and Russia, while...

Germany
Jun 27, 2024

Heidelberg Products Q1 revenue assisted by cost cuts, lower energy costs

Heidelberg Products , the world's No. 2 cement maker, published betterthanexpected operating earnings in the first quarter, helped by expense cuts and lower energy rates that offset...

Europe
Jun 27, 2024

Asia shares rise on rate cut bets; Aussie slips on RBA

Asian shares made 15month highs on Tuesday on restored confidence of U.S. rate of interest cuts, while a weaker yen and a small dip in the Australian...

Asia / Pacific
Jun 27, 2024

Copper back up above $10,000/ T on Fed rate cut hopes

Copper costs in London rose above a. crucial resistance level of $10,000 a metric load on Tuesday, buoyed. by renewed hopes for U.S. rates of interest cuts...

Renewable Energy
Jun 27, 2024

VEGOILS-Palm oil extends gains on more powerful soyoil and crude oil

Malaysian palm oil futures increased on Tuesday for a second session, tracking continual gains in rivals soyoil and petroleum. The benchmark palm oil contract for July shipment...

Crude Oil
Jun 27, 2024

Asia shares rise on rate cut bets; RBA seen turning hawkish

Asian shares made 15month highs on Tuesday on renewed self-confidence of U.S. rates of interest cuts, while traders waited on a policy meeting in Australia later in...

Asia / Pacific
Jun 27, 2024

Gold rates tick higher on US rate cut bets

Gold rates edged up for a 2nd session on Tuesday, after current economic information increased bets that the Federal Reserve would cut rate of interest later on...

United States
Jun 27, 2024

Oil edges up after Israel strikes Gaza, while truce talks continue

Oil rates ticked up early on Tuesday after Israel struck Rafah in Gaza while settlements for a ceasefire with Hamas continued without resolution. Brent crude futures were...

Brazil
Jun 27, 2024

Brazil's Lula looks for costs waiver for rain-ravaged Southern state where 85 have died

Brazilian President Luiz Inacio Lula da Silva asked Congress on Monday to acknowledge a state of public disaster for the heavy rains that have actually eliminated a...