Wells Fargo Investment Institute has downgraded their rating for the S&P 500 Energy Sector to "unfavorable". They cited limited 'prospects' of a sustained 'oil-price premium risk premium...
Godrej Consumer Products in India said that it expected costs to increase 6% to 9%, if Brent crude remains at $100 to $110 per barrel and palm...
As market participants remained cautious, they awaited more signals on the U.S. - Iran situation and how it would impact global interest rates. By 9:26 am, spot...
Last week, the U.S. Nuclear Power Regulator voted to phase out agency-led inspections of operating reactors. A safety advocate criticized this move as a failure on the...
Amazon, Microsoft, and Alphabet’s Google all abandoned the construction of multi-billion dollar?data centres due to community opposition. Now the companies face shareholder pressure regarding the environmental impact...
A study found that the closure of the Strait of Hormuz and the subsequent?surge of global oil prices has brought financial windfalls for Iran, Oman, and Saudi...
As the dollar eased, and markets assessed the impact of a proposed ceasefire in the U.S. - Israel war against Iran on oil prices and inflation expectations,...
Stavros papastavrou, the Greek energy minister, announced on Monday that Greece would offer a 100-million-euro ($115-million) aid each year for the next five to help smaller businesses...
The regional governor revealed that Russia had launched a drone strike on Ukraine's Black Sea Port of Odesa over night on Monday. It killed a mother, 30,...
The gold price ticked upwards in thin European trading, as the dollar eased and markets assessed the impact of a proposed ceasefire in the U.S. - Israel...
India's highest court rejected a billionaire Anil. Agarwal's. Vedanta plea on Monday to halt the acquisition of a bankrupt real. estate giant by the. Adani group, which...
The Kremlin said on Monday that the 'Iran War is escalating in both geography and economic impact. And that the entire Middle East region is "on fire"...
Industry sources say that spot premiums for U.S. West Texas Intermediate crude are at all-time highs due to the fierce competition for oil supply between Asian and...
As markets awaited the U.S. President's remarks, gold prices fell on Monday. A stronger U.S. Dollar, boosted by a "strong" U.S. employment report, dampened bets for rate...
Oil prices rose on Monday, while stocks were mixed after U.S. president Donald Trump warned of 'hell' for Iran if it did not reopen?the Strait of Hormuz...
Saudi Arabia set its official selling price for May Arab 'Light' crude oil to Asia a record $19.50 per barrel above the Oman/Dubai benchmark, a $17 increase...
North Korea appears to be separating itself from its long-time partner Iran and carefully managing their public messages to preserve the chance of a 'new relationship with...
?Gold prices fell on ?Monday, pressured by a stronger ?dollar ?as elevated oil prices on the back of a protracted Iran war and stronger-than-expected U.S. jobs data...
Oil prices rose on Monday, while stocks were mixed after U.S. president Donald Trump warned of "hell" if Iran did not reopen?the Strait of Hormuz within his...
Donald Trump, while praising the U.S. military for their rescue of an airman in a high-risk mission deep inside Iran, threatened to "rain hell" on Tehran?if it...
Oil prices rose and bonds fell at the beginning of Asian trading on Monday, as U.S. president Donald 'Trump' vowed to "hell" should Tehran not meet his...
In a Sunday phone call, Foreign Minister Wang Yi informed his Russian counterpart Sergei Lavrov that China was 'willing to continue cooperating with Russia at the U.N....
The Philadelphia Phillies began their first road trip this season with two impressive victories over the Colorado Rockies. The Phillies will try to complete the sweep on...
On?Sunday?, Iranian drone attacks hit multiple targets in Kuwait. State?energy company Kuwait Petroleum Corporation reported fires and "severe damage" to some units. KPC stated in a press...
A 'business survey' revealed that Saudi Arabian non-oil sector activity fell in March for the first time since August 20. The war in the Middle East had...
The South Korean Ministry of Finance announced that Koo 'Yun-cheol, Minister of Finance, met with envoys of Gulf countries on Sunday to discuss energy security and the...
The electricity ministry announced on Saturday that Egypt will raise electricity prices for residential and commercial consumers who use more electricity. This increase is due to a...
Robert Fico, the Slovakian Prime Minister, said that the European Union must end sanctions on Russian oil and gas imports and take steps to restore Druzhba pipeline...
Taiwan's economy minister announced on Saturday that the energy minister of a "major country" producing liquefied gas had given Taiwan assurances about supply. He was speaking in...
In response to fuel prices rising due to the Iran War, five?European Union Finance Ministers have called for a tax to be placed on the 'windfall profits'...
Senegal has banned all travel abroad by top officials and ministers that is not essential. The government warned of "extremely challenging" times as a result of the...
Welcome to the new look movie set. The cacophony created by cameras, clapperboards, and shouted instructions has been replaced with the quiet hum from a coding room....
Data showed that the economy of Vietnam slowed down in the first three months compared to the previous three months. This was due to a 'heavy exposure'...
Lucid 'Group missed Friday its expectations for the first quarter vehicle deliveries, hurt by an unauthorized supplier and a temporary sales halt. The company was unable to...
The New York Times reported that Elon Musk was requiring banks and advisers who are working on 'SpaceX's IPO to buy subscriptions to Grok, Elon Musk's artificial...
The National Disaster Management Authority reported that eight people died and one child was injured when a house in Kabul collapsed following the earthquake in Afghanistan. The...
The UAE-based company Emirates Global Aluminium said that it could take up to a full year to fully restore primary aluminium production in its Al Taweelah Smelter,...
A government official confirmed that Italian Prime Minister Giorgia meloni traveled to Saudi Arabia on Friday for a previously undisclosed trip. The trip will include meetings in...
The United Nations Food and Agriculture Organization reported on Friday that world food prices rose in March, reaching their highest level since last September. They could rise...
Morocco will prevent?6.4% less attempts by illegal migrants to reach?Europe in 2020 compared to the previous year. The interior ministry announced this on Thursday. It added that...
The office of Prime Minister Keir Sterne announced on Friday that Britain is sending its Rapid Sentry air defence system to Kuwait in order to protect British...
Salespeople for farm machinery are closing out a disappointing season of farming shows in North America, as farmers prepare to plant their spring crops without much new...
The United Nations Food and Agriculture Organization reported on Friday that world?food prices rose in March, reaching their highest level since last September. They could continue to...
Yale University's research claims that the leading Russian state oil companies Rosneft, and Gazprom, supported wartime camps to which more than 2,000 Ukrainian youths were sent. They...
Aluminum fell on Friday as the stronger U.S. Dollar and growing fears of an?economic recession due to?a??prolonged Iran War?outweighed supply concerns that helped the metal record its...
Iron ore prices continued to fall on Friday for a second consecutive session. They were also set 'for a second week of declines,' mainly due to the...
A 'business survey' released on Friday showed that the United Arab Emirates non-oil sector expanded at its slowest rate in almost four years in March, as the...
Iron ore prices continued to fall on Friday for the second consecutive?session. They were also on course for a second weekly drop, due to elevated portside stock...
Donald Trump, the U.S. President, warned late on Thursday that he would destroy bridges and electric power plants across Iran. This was his latest threat of destroying...
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