Official data released on Wednesday showed that the annual inflation rate in Switzerland unexpectedly fell by a tenth of a percent point to zero. This was a...
The price of iron ore futures fell slightly on Wednesday due to weaker demand signals. Traders were also awaiting the outcome of upcoming Chinese economic meetings for...
The copper price rose on Wednesday, hovering near the highs set earlier this week. Supply concerns fueled the overall bullishness surrounding the metal. Meanwhile, the market focused...
Marie Jaroni is the head of Thyssenkrupp’s steel division. She estimates that a restructuring agreement, which will result in the loss or outsourcing of 11,000 jobs, will...
The price of gold was unchanged at the end of Asia trading on Wednesday, as investors awaited the release of a number of U.S. economic data that...
The global shares are on a more stable footing today, thanks to an overnight rebound in Wall Street and the abating of a short selloff on bond...
Analysts and trade officials reported that India's imports of iron ore reached a six-year-high this year, as steel mills increased overseas purchases in order to meet shortages...
Rae Wee gives us a look at what the European and global markets will be like tomorrow. In the last month, there have been several instances where...
Silver soared to record levels on Wednesday, as investors held onto expectations of a Federal Reserve interest rate cut. This week, a number of U.S. economic data...
Sify Infinit Spaces, India's first publicly listed data center operator sees AI as driving the demand for computing power, but it is tempering its future investments in...
The oil price fell for the second session in a row on Wednesday as traders awaited an outcome from Russia-Ukraine talks that may boost supply. Meanwhile, concerns...
A survey released on Wednesday showed that Saudi Arabia's private non-oil sector expanded at the fastest rate in ten months in November. This was driven by robust...
The price of iron ore rose on Wednesday, as the optimism about higher steel prices overshadowed concerns about a slowdown in hot metal production. As of 0322...
The market has now been focused on the Federal Reserve's upcoming rate announcement next week. As of 0245 GMT, the most traded copper contract at the Shanghai...
The oil prices dropped for a second consecutive day on Wednesday, as investors waited to find out if the peace talks between Russia and Ukraine could lead...
Valero Energy will upgrade its large crude distillation unit in Port Arthur's Texas refinery, which produces 380,000 barrels per day, in February, according to people familiar with...
Predictive Discovery, an Australian gold explorer, announced on Wednesday that it received a superior proposal from Perseus Mining. The company was valued at approximately A$2.1 billion (1.38...
Motiva Enterprises will perform maintenance on a coker this December and overhaul its large crude distillation system in September 2026, according to people familiar with the plant's...
Gary Pedersen said that Gunvor's CEO Gary Pedersen had no immediate plans to rebrand. He took over the company in a management buyout a day earlier, less...
The U.S. Department of Energy announced on Tuesday that it would provide up to $850 million in support of the development of small modular nuclear reactors by...
The gold price fell by over 1% Tuesday, as investors took profit after a six-week peak in the previous session. They also awaited important U.S. data before...
In just a few short years, China's electric vehicle industry has captured more than half of its domestic market. This has led to a decline in sales...
Saudi Arabia, which is the top oil exporter in the world, approved its budget 2026 on February 2. It forecasts a deficit next year of 165 billion...
Gary Pedersen stressed that business was as usual at Gunvor, the Swiss commodities trader, during an interview on Tuesday. A day earlier, Pedersen had taken over following...
TAE Technologies is a private company that has been backed by Alphabet, Google, and Chevron. On Tuesday, it announced a joint venture to develop neutral beams in...
Chris McDonald, Minister of Industry in Britain, said that the UK has no intention to follow the United States and provide a floor price for domestic rare...
The gold price fell on Tuesday, as investors took profit after a six-week peak in the previous session. However, expectations of Federal Reserve rate reductions provided some...
According to a report by the state news agency TASS on Tuesday, dividends from the state-owned Russian electricity companies will fund investments in the industry. The article...
Dmitry Patrushev said that Russia has been the largest exporter of wheat in the world this year. He oversees the Russian agricultural sector. Patrushev, who oversees the...
OPEC+ said that members of the group will be assessed annually for their oil production capacities starting in 2020. This assessment is to be used by 2027....
The authorities of the Central Asian nation announced this week that Tajikistan had imposed energy restrictions, including on some industrial users. This was due to low water...
By America Hernandez PARIS, December 2 - French oil giant TotalEnergies, along with its other partners in the $20 billion Mozambique Gas Project, have agreed to provide...
The copper prices fell on Tuesday due to the stronger dollar and a lower risk appetite. Investors also locked in profits after a rally that reached a...
Nigeria's oil-and-gas content regulator announced on Tuesday a $100 million equity scheme to increase indigenous participation in energy sector. It also said that it will tighten the...
The gold price fell by 1% on Monday, mainly due to rising U.S. Treasury rates and profit booking after a six-week-high was reached in the previous session....
Serbian President Aleksandar Vucic announced on Tuesday that the country will continue to allow payments and transactions with the U.S. sanctioned Russian oil company NIS, until the...
Audit uncovers irregularities leading to significant recoveries The new code will increase revenue by 586 billion CFA Francs annually Barrick settles dispute and migrates to new code...
The Russian President Vladimir Putin is scheduled to visit India for a summit this week with Indian Prime Minister Narendra modi. The meeting will focus on boosting...
The paramilitary Rapid Support Forces of Sudan (RSF), a group that is part of the Sudanese military, claimed on Monday to have taken full control over Babanusa....
According to a report in Handelsblatt, the European Commission may delay the announcement a package of support for the automotive industry, which could include a possible easing...
The gold price fell on Tuesday due to rising U.S. Treasury rates and profit booking after a six-week-high was reached in the previous session. Silver also retreated...
Malaysia amended its nuclear regulatory structure to require that permits are obtained for all activities involving atomic energy, including the import, export and transshipment radioactive materials. Malaysia...
Dmitry Peskov, Kremlin spokesperson on Tuesday, told Indian journalists that the decline in India's imports of Russian oil may only last for a "brief period", as Moscow...
The Russian President Vladimir Putin begins a two-day trip to India on Thursday. He will be promoting more Russian oil sales, missile systems, and fighter jets to...
Investors remained focused on the future risks of supply, after China's planned production cuts and Codelco's increase in premium. After reaching a record-high of 89.920 yuan per...
Five Iraqi sources who are directly involved in the matter confirmed that Exxon Mobil had approached the Iraqi Oil Ministry to express their interest in purchasing the...
Iron ore futures rose Tuesday as steady steel consumption and infrastructure demand offset weak China economic data. The January contract for iron ore on China's Dalian Commodity...
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.
