Latest news

Iran
May 18, 2026

Total volumes drop to a two-year low after record oil withdrawal from US emergency reserves

The U.S. Department of Energy reported on Monday that a'record 9.9 millions barrels of oil were shipped from the Strategic Petroleum Reserve in the United States last...

United States
May 18, 2026

Venezuelan oil officials to attend Houston energy conference

The American Association of Petroleum Geologists is holding an oil exploration conference outside Houston on Tuesday. Paula Henao and Jovanny Martnez, E&P vice president of PDVSA's state...

United States
May 18, 2026

Oil prices rise, but tech stocks are mostly down.

The major stock indexes were mostly?assisted as technology shares fell Monday, and oil prices rose following continued concerns over supply disruption due to the Iran 'war. After...

Ukraine
May 18, 2026

Russian nuclear chief: the situation at Ukraine's Zaporizhzhia Nuclear Plant has reached a 'point without return'

According to the Rosatom head, the situation surrounding the Zaporizhzhia nuclear power plant in Ukraine has reached a "point of no return" because of the increased attacks...

United States
May 18, 2026

Trump says that he has paused his attack on Iran while negotiations continue

Donald Trump, the U.S. president, said on Monday that he had paused a 'planned attack against Iran' to allow negotiations to take place?on a pact to end...

Germany
May 18, 2026

Bayer pays $133 million to clean up PCBs in two states

Monsanto, a unit of Bayer, said on Monday that it would pay Michigan and Rhode Island at least $133,000,000 to settle their claims claiming the company had...

Africa
May 18, 2026

Zambian state investment firm creates gold mining joint venture

Zambia's ZCCM IH, the state investment company, announced a joint venture on Monday with Mining Mineral Resources in order to explore and mine gold. The copper-producing African...

United States
May 18, 2026

Oil prices rise as tech shares ease the indexes

The major stock indexes largely eased on Monday as technology shares fell, and oil prices rose following further concerns over disruptions in supply from the Iran War....

United States
May 18, 2026

Source: US Treasury will extend sanctions waiver on Russian oil shipped by sea

A source familiar with this decision confirmed on Monday that the U.S. Treasury would extend its waiver of sanctions on Russian'seaborne oil', which expired 'on Saturday. Several...

Chile
May 18, 2026

Chile's economy suffers its sharpest contraction since the end of 2022 due to mining decline

Official data shows that Chile's economy suffered its biggest annual decline in over three years during the first quarter. The main mining sector was hit hard by...

Africa
May 18, 2026

London court blocks oil contracts with South Sudan until debt repayment is made

London's High Court ruled Friday that South Sudan cannot enter into new?oil?prepayment contracts until it clears outstanding debts with commodity??trading???house BB Energy. A second hearing will be...

Africa
May 18, 2026

Valterra Platinum reports healthy input inventories despite Middle East conflict

The CEO of Valterra Platinum in South Africa said that despite the uncertainty caused by the U.S./Israeli war against 'Iran', they were able to maintain healthy stock...

United Kingdom
May 18, 2026

Prince William will sell a portion of his royal estate and reinvest the proceeds in local communities

Prince William of Britain will sell parts of his vast Duchy of Cornwall Estate?over a decade to fund plans to invest more than 500 million pounds ($670...

Iran
May 18, 2026

Protests erupt over Kenya fuel price hikes, strike strands commuters

On Monday, protests against fuel price increases sparked by the Iran War erupted across several Kenyan cities. This included a nationwide strike on public transport that left...

United States
May 18, 2026

Kremlin: Gas pipeline proposal is on agenda for Putin-Xi Summit

On a visit to 'China' this week, Russian President Vladimir Putin is expected to discuss all aspects of bilateral ties with Chinese President Xi Jinping, including the...

Africa
May 18, 2026

Nigerian fuel marketers respond to Dangote's lawsuit regarding import licenses

Fuel marketers in Nigeria have protested against a suit filed by Dangote Petroleum Refinery to invalidate import licenses. They warned that the move could disrupt supply and...

Italy
May 18, 2026

EU rejects Italy's call for more flexible budget rules

The European Commission rejected on Monday the?calls of Italy for more lenient budget rules?on energy related spending. They said that member states should use existing resources and...

Sweden
May 18, 2026

Blykalla, a Swedish company, has applied to build six small nuclear reactors as part of a renewed push for nuclear power.

Blykalla, a Swedish nuclear developer, announced on Monday that it had submitted a bid to build "six small modular units" near the city Gavle. This was in...

China
May 18, 2026

Copper falls to a one-week low due to weak China data

Prices of copper fell to a one-week low on Monday, as concerns about demand were exacerbated by weak economic data from China, the world's largest consumer and...

England
May 18, 2026

The jury has begun deliberations on the bribery case of Nigeria's former oil minister Alison-Madueke

After nearly four months of deliberations at London's Southwark Crown Court, the jury in the bribery case against?Diezani?Alison-Madueke began its work on Monday. Alison-Madueke pleaded guilty to...

South Asia
May 18, 2026

NextEra Energy buys Dominion for $66.8 Billion in US power deal amid AI boom

NextEra Energy is set to 'buy Dominion Energy for $66.8 Billion,' the companies announced on Monday. This will be one of?the largest acquisitions in the U.S. energy...

Africa
May 18, 2026

Residents say that gunmen killed 10 people in an attack on farming settlements located in the northwest of Nigeria.

Residents say that gunmen attacked a rural community in Nigeria's northwestern Katsina State, killing at least 10 people including women and children. They also destroyed homes and...

South Asia
May 18, 2026

NextEra Energy buys Dominion for $66.8 Billion in US power deal

NextEra Energy, a power company, will purchase a rival?Dominion Energy for $66.8 Billion. This would make it the largest electric utility in the United States. The deal...

Japan
May 18, 2026

Oil prices rise and global stocks fall as bonds falter

The global share market fell on Monday, as new drone attacks in the Gulf drove oil prices and bond rates higher. This stoked inflation concerns at a...

United States
May 18, 2026

Protests erupt over Kenya fuel price hikes, strike strands commuters

On Monday, protests over fuel price increases triggered by the 'Iran War' erupted across several Kenyan cities. This included a nationwide strike in public transport that left...

United States
May 18, 2026

Ghana wants to increase reserves by selling 30% of the gold mined.

A senior official said that Ghana had asked large-scale miners to sell 30 percent of their annual output to the central bank as part of an overhauled...

Switzerland
May 18, 2026

Bonds from MORNING BID America spoil the AI party

What's important in U.S. and Global Markets Today By Mike Dolan. Editor-at-Large for Finance and Markets Bond market crunch meets AI boom The bond market is'spooked' again...

France
May 18, 2026

Tsingshan has asked some Indonesian nickel producers for a reduction in output to allow aluminium to be produced.

Three sources said that China's Tsingshan group has asked the nickel pig iron producers at Indonesia's Weda Bay Industrial Park to reduce output in June so as...

United States
May 18, 2026

India's equity benchmarks tempered as Iran war concerns offset IT gains

India's equity benchmarks closed at the same level on Monday, as concerns about the Iran War offset a partial rebound in IT stocks. The general mood remained...

China
May 18, 2026

Copper falls to a one-week low due to weak China data

Copper prices dropped to a one-week low on Monday, as concerns about demand were exacerbated by the weak economic data coming out of China, the world's largest...

Iran
May 18, 2026

The Indian cooking fuel shortage is driving California's gas price up

There is a cooking gas shortage in India. Californian motorists pay $6 per gallon for gasoline. Both are symptoms of the biggest ever disruption in energy supply....

China
May 18, 2026

The Kremlin has "serious expectations" for Putin's visit to China

The Kremlin announced on Monday that Russia had high expectations for President Vladimir Putin's visit to China this week. Both sides will use the trip to develop...

Italy
May 18, 2026

Italy warns EU that it could pull out of SAFE Defence Scheme without budget flexibility on energy

Italy may not be able to access the SAFE financing scheme of the European Union for defence if budget rules on energy spending aren't more lenient, said?Prime...

China
May 18, 2026

Oil prices rise and global stocks fall as bonds falter

The global share market fell on Monday, as new drone attacks in the Gulf pushed oil prices and bonds yields higher. This stoked inflation concerns in a...

United States
May 18, 2026

Environmental concerns are a challenge for Equinix to Cape Town data centers

The plan of U.S. listed Equinix, to build two data centres in Cape Town, should not be approved unless its full water, power, and environmental impact is...

Mining
May 18, 2026

No one bids on the auction for Russia's stake in UGC, a gold miner.

The Russian state did not auction the seized stake in Uzhuralzoloto, a gold producer, that it had taken last year. A state auction website showed this on...

Estonia
May 18, 2026

Estonian spy chief: Putin is faced with'very hard choices' in Ukraine, as sanctions bite

Estonia's chief of foreign intelligence said that Russian President Vladimir Putin is limited in his options for a victory in Ukraine, as his military forces are unable...

Singapore
May 18, 2026

Australian shares fall to a record low of over a month as rising oil prices intensify inflationary concerns

The Australian share market closed Monday at its lowest level in over a month, with mining and gold stocks dragging it down. This was due to a...

Canada
May 18, 2026

Anglo American sells Australian coal mines up to $3.88 Billion

Anglo American announced on Monday that it would sell its steelmaking mines in Australia for up to 3,88 billion pounds to UK-based Dhilmar. The move is part...

Canada
May 18, 2026

Anglo American sells Australian coal mines up to $3.88 Billion

Anglo American announced on Monday that it would sell its steelmaking mines in Australia for up to?to $3.88billion to UK-based Dhilmar. The move will exit the sector...

China
May 18, 2026

China's aluminum output increases in April due to strong profits

According to data released by the Chinese government on Monday, China's aluminum production remained high in April. According to the National Bureau of Statistics, aluminium production in...

Japan
May 18, 2026

Australia union declares workers will strike at Inpex LNG plant from May 27

The Offshore Alliance said that the union grouping has served a 'notice of strike' at Inpex’s Ichthys facility in northern Australia, effective May 27. This could further...

Ukraine
May 18, 2026

Overnight, Russian attacks in Ukraine kill one and injure over 30 people, say officials

Overnight, Russia launched drones, airstrikes, and'shelling' at Ukraine, targeting cities like Odesa, in the south, and Dnipro, in the southeast. One person was killed and more than...

Australia
May 18, 2026

Australia's Santos achieves first oil at Alaska project

Santos, Australia’s No.2 oil &?gas producer said on Monday that it had?reached first oil in its Pikka project, located in Alaska, U.S.A. Shares of the Adelaide-headquartered company...

South Asia
May 18, 2026

Indian shares slump with Asian markets as US-Iran standoff continues

The Indian stock market fell and the rupee hit a new record low on Monday morning as oil prices rose after a drone strike?on an?assault?on a nuclear?plant?in...

United States
May 18, 2026

MORNING BID - Bonds taste the destruction of demand for oil

Wayne Cole gives us a look at what the future holds for European and global markets. There's a limit on 'wishful thinking. The markets had assumed that...

South Asia
May 18, 2026

India restricts the import of most silver to reduce import bills and support rupee

India has curbed the imports of silver in nearly all forms, with immediate effect. The government order was issued on Saturday. India, the world's largest consumer of...

China
May 17, 2026

China's economy slowed in April, as retail sales and output fell far below expectations

China's economy slowed in April, as retail sales and industrial output?growth fell short of expectations. The Asian powerhouse was also struggling with a sluggish demand and higher...

China
May 17, 2026

White House: China has agreed with US concerns about rare earth shortages

The White House said on Sunday that China will address U.S. concern about a'shortage of certain specialty rare Earths due to?Beijing’s export controls. China's export controls on...

China
May 17, 2026

Asia shares slip, oil prices pile pressure on bonds

Asia share markets fell on Monday, as new drone attacks in Gulf drove up oil prices and bond yields. Meanwhile, the AI boom will be tested this...