India announced on Thursday that the U.S. had granted it a six-month waiver of sanctions to operate Chabahar's Iranian port. This will help New Delhi to boost...
The prices of the main grades in seaborne thermal coal have been recovering modestly from their four-year lows. However, the gains come at the expense of volume...
U.S. utility Southern Co surpassed Wall Street expectations for third-quarter profits on Thursday, thanks to a surge in demand for electricity by businesses. Kilowatt-hours sold in the...
Hurricane Melissa, which swept through the Caribbean on Thursday and was seen gaining speed as it moved across open water towards Bermuda, left a path of destruction...
Vulcan Materials, the U.S. construction materials giant, reported quarterly profits and revenues above Wall Street expectations on Thursday. This was fueled by a resilient demand for concrete,...
State Street, third largest asset manager in the world, announced that it will withdraw the majority of its operations from the main global climate alliance of the...
Quanta Services beat expectations for the third quarter results and raised its revenue forecast on Thursday. Growing power needs in the U.S. drove the energy contractor’s electric...
India's Foreign Ministry announced on Thursday that Indian companies had received licenses to import rare earth magnets. This signals a relaxation of Beijing's export controls. China has...
PBF Energy posted a smaller-than-expected quarterly loss on Thursday, as higher margins helped the U.S. refiner offset downtime at its fire-hit Martinez refinery in California. The U.S....
Gold prices rose 2% on Friday, due to a weaker dollar after the Federal Reserve cut rates and investors' uncertainty about the outcome of the trade agreement...
China's car industry has been a major disruptor of the global automaker industry for the last decade. Its electric vehicle producers have replaced combustion engine cars at...
The refiner HF Sinclair beat Wall Street expectations for its third-quarter adjusted profits on Thursday. This was due to improvements in refining margins as well as strength...
Sojitz, a Japanese company, has started importing rare earths heavy from Australia's Lynas. This is the first import of this kind produced using Australian ore that was...
Traders and analysts said that Kuwait Petroleum Corporation, a state-owned company, has sold crude oil to Asia after an unplanned shutdown at its Al-Zour Refinery. People said...
Enterprise Products Partners announced a decrease in profit for the third quarter on Thursday. Lower processing margins, maintenance downtime and record volumes of pipeline and gas processing...
Gold prices rose 2% on Friday, as the dollar fell after the Federal Reserve cut rates and investors were still uncertain about the outcome of the trade...
The Turkish government said that it was continuing talks with Qatar and Oman to procure Eurofighter Typhoon jet fighters. This follows a Monday deal with Britain for...
Lukoil announced on Thursday that it accepted an offer by global commodity trader Gunvor for its foreign assets. Russia's second largest oil company has been seeking to...
Ofgem, the UK's energy regulator, announced on Thursday plans to address 4.4 billion pounds of customer debts that are driving up household bills. The unrecoverable energy debt...
Orban's chief said that the Hungarian prime minister will meet Donald Trump in Washington on November 7, where he hopes to discuss a way forward for a...
Kansai, Japan's largest nuclear power company, revised its profit forecasts for the fiscal year that ends in March next year by 65 billion yen, to 360 billion...
Baoshan Iron & Steel, China's largest listed steelmaker, announced on Thursday that its third-quarter profit had more than doubled compared to a year ago, due to a...
Gold prices rose Thursday on the back of dollar weakness and the Federal Reserve's rate cut. Investors, however, remained cautious regarding the outcome of an agreement between...
As part of a deal between Donald Trump and Xi Jinping Presidents, China agreed to postpone the implementation of its latest round rare earth export controls. However,...
Goldman Sachs stated on Thursday that current copper market fundamentals warrant a price consolidate towards the upper end of their forecast range between $10,000 and $11,000 per...
Iron ore futures fell on Thursday as profit-taking impacted the market after the leaders of the two largest economies met. U.S. president Donald Trump announced on Thursday...
Covestro, a German chemicals company, lowered its core profit forecast for the full year on Thursday because of soft demand. However, it said that its financial stability...
Iraqi officials have raised the alarm about the danger of losing thousands of years of history as Iraq's ancient cities in the south face erosion due to...
After his meeting with Chinese President Xi Jinping, Donald Trump announced on Thursday that the United States would reduce its tariffs on Chinese products from 20% to...
Saudi Arabia's third-quarter economy grew by 5% from the previous year, according to government estimates released Thursday. The growth is largely driven by oil, as production increases....
Japan's Sojitz said that it has started importing rare earths heavy from Australia's Lynas. This is the first import of this kind produced using Australian ore, which...
BHP, world's largest miner, and South Korean Steelmaker POSCO announced on Thursday they had signed an agreement for the advancement of the production "near-zero emissions" iron. This...
The World Gold Council reported on Thursday that rising gold prices have prompted Indian investors to purchase bars and coins. Record purchases of $10 billion were made...
Gold prices rose Thursday on the back of a weaker dollar and a rate cut by the U.S. Federal Reserve. However, signs of progress in U.S. China...
According to Russian military blogs, Russian forces are on the verge of taking Pokrovsk in eastern Ukraine after a pincer-like movement encircled the city while small groups...
China has agreed to continue exporting rare earths to the rest of the world for a year as part of an agreement signed by President Donald Trump...
Ankur Banerjee gives us a look at what the future holds for European and global markets Investors can only think of a handshake between Donald Trump, Xi...
Open Interest (ROI), your indispensable source of global financial commentary, is Open Interest. The prices of seaborne thermal coal have been recovering modestly from their four-year lows...
In Asian trading, oil prices maintained their gains from Thursday's previous session as investors awaited for the results of the U.S. China trade talks. They were hoping...
Here are some details from the U.S. White House Factsheet and South Korea's Chief Policy Advisor Kim Yong Beom on the recent trade agreement between the two...
Asian stocks rose on Thursday, after the Federal Reserve lowered interest rates. U.S. leaders and Chinese officials met to negotiate a trade agreement. The yen fell after...
Equinor posted a bigger than expected drop in third-quarter profit on Wednesday as oil and gas prices fell, and booked asset impairments on a weaker long-term outlook...
Mermaid Subsea Services (UK) has completed a fast-track subsea recovery campaign in the North Sea for a major operator.The operation involved the internal and external severance of...
Gold prices rose on Thursday as a result of a slight drop in the dollar. Investors were waiting to see if U.S. president Donald Trump and Chinese...
Asian stocks rose in the morning trade on Thursday, after the Federal Reserve lowered interest rates. U.S. leaders and Chinese leaders also met to negotiate a deal....
Iron ore futures rose a fourth consecutive session on Thursday. This was boosted by hopes for a trade agreement between the two world's largest economies. However, gains...
The Australian government introduced a bill on Thursday that would simplify approvals for construction and resource projects, while also better conserving nature. The government stated that the...
Ampol, Australia's largest fuel retailer, recorded a lower third-quarter sales volume due to softer performance in its domestic convenience retailing business as a result of challenging weather...
Three sources with direct knowledge said that China's state buyer allowed its steel mills the opportunity to buy a certain type of iron ore again from Australia's...
Early trading on Thursday saw oil prices hold on to the majority of gains made in the previous session as investors waited for the U.S. China trade...
We use cookies to improve your website experience. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Use.