Latest news

Fossil Fuels
Apr 14, 2025

JP Morgan lowers oil price forecasts due to weak demand and higher output

JP Morgan lowered Monday its oil price predictions for 2025 as well as next year. They cited higher production by OPEC+, and weaker demand. The bank lowered...

United States
Apr 14, 2025

Shapiro is the target of a suspect in Pennsylvania Governor's Mansion Fire

The suspect who carried out a weekend arson on Pennsylvania Governor Josh Shapiro’s official residence claimed he “harbored hate” against the Democrat, and that he would have...

United States
Apr 14, 2025

Trump warns Iran to give up its nuclear weapons dream or face harsh response

Donald Trump stated on Monday that he believes Iran intentionally delays a deal on a nuke with the United States. He also said Iran must give up...

Africa
Apr 14, 2025

Ghana orders foreigners out of gold market by 30 April

Ghana has ordered that foreigners leave its gold market by the end the month. A new government agency announced this on Monday. The West African nation is...

United States
Apr 14, 2025

Fears for US Southeast forests arose after Trump's logging order

Trump orders national logging increases Residents worry about flooding and recreation access Climate change and wildfires: Critics warn By Carey L Biron This makes them feel especially...

China
Apr 14, 2025

Chinese gold ETFs April inflows surpass first quarter total, WGC says

World Gold Council data shows that investment flows into Chinese gold ETFs have outpaced those of the entire first quarter, and even surpassed the inflows recorded by...

United States
Apr 14, 2025

Goldman Sachs lowers its aluminium price forecast due to weaker growth prospects

Goldman Sachs reduced Monday its forecast for aluminum prices in this year. Its economists had downgraded their global growth forecasts, including those for the U.S.A. and China...

United States
Apr 14, 2025

Gold drops more than 1% when risk sentiment improves

Gold prices fell more than 1% Monday after a record high earlier in the day. Risk appetite increased as the White House announced that smartphones and computers...

Africa
Apr 14, 2025

Gold Fields suspends operations at Ghana's Damang Mine after the government rejects a lease renewal

Gold Fields, a South African company, announced on Monday that it will cease operations at its Damang Mine in Ghana following the rejection of a lease extension...

Africa
Apr 14, 2025

Nguema, the leader of Junta, vows to rebuild Gabon following a landslide victory in the vote

Commanding Win The weekend victory of Brice Oligui Nguema, the leader of the junta, in the Gabon presidential election gives him a mandate of seven years to...

Brazil
Apr 14, 2025

OPEC reduces global oil demand forecasts citing US tariffs

OPEC reduced its forecast for global oil demand growth in 2025 on Monday, for the very first time since the end of December. They cited the impact...

United States
Apr 14, 2025

The suspect in the arson attack at Pennsylvania Governor's residence has been charged with attempted murder

After his arrest, the suspect in the arson attack at Pennsylvania Governor Josh Shapiro’s residence was charged with attempted murder, terrorism and aggravated arson, among other felonies....

United States
Apr 14, 2025

India's polished-diamond exports have hit a two-decade low according to an industry group

India's cut and polished diamond exports plunged to their lowest level for nearly two decades during the fiscal year 2024/25, which ended in march, due to a...

United Kingdom
Apr 14, 2025

Marex Group buys UK cobalt dealer Darton Commodities

Marex Group, a financial services company, announced on Monday that it had acquired UK-based Darton Commodities. Darton Commodities is a UK-based trader in cobalt, which is used...

United States
Apr 14, 2025

The top US power sector CEOs receive $115 million as performance-based pay

The CEOs of 10 major U.S. utilities have earned more than $115,000,000 in the last three years, as the demand for electricity has risen dramatically due to...

United Kingdom
Apr 14, 2025

Copper prices rise as China's stimulus and tariff exemptions provide support

Copper prices rose on Monday, as the risk sentiment improved with some exemptions to U.S. duties and expectations that China, a major metals consumer, would introduce more...

South Asia
Apr 14, 2025

Palm oil prices end lower than Chicago soyoil amid concerns about economic headwind

Malaysian palm futures closed lower on Monday as they tracked the weakness of rival soyoil on the Chicago market. Meanwhile, escalating U.S. - China trade tensions despite...

United Kingdom
Apr 14, 2025

The UK approves the appointment of British Steel's interim CEO and CCO

British Steel announced on Monday that it had approved the appointment of two long-term employees as interim chief executive officer and chief commercial officers, following the weekend's...

United States
Apr 14, 2025

Gold drops from a record high, but still holds above $3200 due to tariff fears

Gold prices dropped from their record highs on Monday, after U.S. president Donald Trump excluded smartphones, computers, and other electronic devices from his tariffs. However, the uncertainty...

United Kingdom
Apr 14, 2025

BP discovers new oil off US Gulf Coast

By Sheila Dang BP, a UK-based oil company, announced on Monday that it had made a discovery of oil in the Far South Field in the U.S....

Renewable Energy
Apr 14, 2025

Spot prices drop on wind supply

On Monday, the strong gains in wind energy supply across the region put downward pressure on spot prices as they offset the growing demand and reduced solar...

United States
Apr 14, 2025

Trade war worries persist despite oil rising on the back of China's rebounding imports

The oil prices rose on Monday, after Chinese data revealed a sharp rise in crude imports for March. However, concerns about the impact of the trade war...

United Arab Emirates
Apr 14, 2025

Wood Group in the UK receives conditional bid by Sidara for $450 million cash

Wood Group announced on Monday that Dubai's Sidara had made a conditional offer for the British oilfield engineering and services firm. The proposal included 35 pence per...

United States
Apr 14, 2025

London Copper pares gains due to concerns about US semiconductor tariffs

London copper prices lost their gains on Monday, weighed down with concerns about President Donald Trump's threats of tariffs against semiconductors. Meanwhile, hopes for Chinese stimulus helped...

United States
Apr 14, 2025

Iron ore prices rise as investors balance upbeat China data with tariff worries

Iron ore futures traded in a narrow range Monday as investors weighed positive data from China, the world's largest consumer of iron ore against concerns about demand...

China
Apr 14, 2025

China March rare Earth exports increase as Myanmar supply disruption makes buyers nervous

China's rare earth exports increased by 20.31% from March of last year as consumers from overseas booked more cargos in fear that prices would rise due to...

China
Apr 14, 2025

China's crude imports are at their highest level since August 2023 due to Iranian surge

Data released on Monday showed that China's crude imports rose sharply in March compared to the previous two month and nearly 5% compared to a year ago....

Scandinavia
Apr 14, 2025

The morning bid in Europe- a two-step tariff

Wayne Cole gives us a look at what the future holds for European and global markets. The "reciprocal tariffs" are now off some smartphones and electronics. But...

Iran
Apr 14, 2025

China's crude imports are at their highest level since August 2023 due to Iranian surge

Data released on Monday showed that China's crude imports rose sharply in March compared to the previous two month and nearly 5% compared to a year ago....

China
Apr 14, 2025

China's coal imports in March fell by 6%, as prices at home hit a four-year low

China's imports of coal fell by 6% in March due to high inventories and low domestic demand. Spot prices have fallen to four-year lowest levels. According to...

Japan
Apr 14, 2025

Trump is determined to keep US Steel in US control

U.S. president Donald Trump said on Sunday that he does not believe a foreign company can control U.S. Steel. He repeated comments he made last week, which...

China
Apr 14, 2025

China's March iron ore imports fall to a 20-month low and miss expectations

China's imports of iron ore in March were down slightly from the previous month, and reached a 20-month-low. This was contrary to analysts' expectations for a monthly...

United Kingdom
Apr 14, 2025

Gold prices drop from record highs after Trump's tariff exemptions

On Monday, gold prices fell from the record high they reached earlier in session. Trade tensions eased as President Donald Trump of the United States exempted computers...

United States
Apr 14, 2025

LME copper reaches over a one-week high due to a softer dollar and easing of trade war concerns

The copper price in London reached a record high of more than a week on Monday as a weaker dollar and the easing of fears about a...

Syria
Apr 13, 2025

Sharaa makes second trip to UAE as Syria's leader

On Sunday, Ahmed al-Sharaa, the president of Syria, will make his second trip to the United Arab Emirates as president. The islamist leaders are trying to assure...

United States
Apr 13, 2025

US Energy Secretary: Saudi Arabia and US on a 'pathway to civil nuclear deal'

Chris Wright, the U.S. Secretary of Energy, told reporters on Sunday in Riyadh that the United States and Saudi Arabia would sign a preliminary cooperation agreement regarding...

Ukraine
Apr 13, 2025

Sumy mayor of Ukraine says that over 20 people have been killed by a Russian missile strike

Artem Kobzar, acting mayor of Sumy in northern Ukraine, said that a Russian missile attack on Sunday killed over 20 people. Andriy Yermak said, in a post...

United States
Apr 12, 2025

Britain provides $26 billion in export financing support amid tariff tension

The UK announced on Sunday that it would increase its financial support to exporters, including those who are affected by U.S. Tariffs by an additional 20 billion...

Ukraine
Apr 12, 2025

Minister: Ukraine seeks solutions for Chernobyl containment vessel damaged

A government minister stated on Saturday that Ukraine is looking for solutions to repair damage caused by the Russian drone attack against the confinement vessel of the...

United States
Apr 12, 2025

FT reports that Trump intends to stockpile metals from deep seas in order to combat China.

Financial Times, Saturday, reported that the Trump administration was drafting an executive directive to allow the stockpiling deep-sea materials to counter China's dominance of battery minerals and...

Canada
Apr 12, 2025

How much will a seat cost? US businesses are already feeling the impact of Trump tariffs

A manager of a toy shop is bombarded with daily notifications about price increases. A lip balm producer forecasts an increase of $5 million in the cost...

Nigeria
Apr 12, 2025

Oando pipelines, located in Nigeria's oil rich Bayelsa State, are the target of sabotage.

Oando Plc, a Nigerian oil company, said that three sabotage attempts had been made against its pipelines over the last week in the oil rich Bayelsa State...

Wind Farms
Apr 12, 2025

RWE Drops Bubble Curtain to Silence Construction Noise at Sofia Offshore Wind Farm

RWE has deployed a bubble curtain technology in the U.K. for the first time to protect marine life from the construction noise at its Sofia offshore wind...

United States
Apr 11, 2025

Ten trading days that rocked financial markets

Shuntaro Sayuchi said that the pain was a 10/10. His appendix, not his portfolio of Japanese stocks, which he manages out of San Francisco in California. The...

United States
Apr 11, 2025

Southern California Edison announces a $925 million plan for rebuilding after the LA wildfires

Southern California Edison, a subsidiary utility Edison International said it submitted a plan on Friday to rebuild areas in its service area that were destroyed by the...

United States
Apr 11, 2025

As the turbulent week ends, US bond yields are rising and the dollar is down.

The benchmark 10-year U.S. Treasury Yields recorded their largest weekly increase in more than 20 years on Friday. Meanwhile, the dollar fell in a turbulent, trade-war-driven week....

United States
Apr 11, 2025

Pennsylvania man charged with threats to kill Trump and immigration agents

The U.S. Justice Department announced on Friday that a Pennsylvania man was charged with online threats to kill President Donald Trump and immigration officers. Shawn Monper (32),...

Ukraine
Apr 11, 2025

Source: US and Ukraine have tense discussions as mineral deal is still elusive

Sources with knowledge in the matter say that U.S. officials and Ukrainian officials met Friday to discuss a U.S. plan to gain access to Ukraine’s mineral wealth....

United States
Apr 11, 2025

As the week winds down, US bond yields are rising and the dollar is falling.

As a turbulent week came to an end, U.S. Treasury rates rose to their highest level in two months on Friday. The 10-year rate was also on...

Mexico
Apr 11, 2025

Valero Mexico is suspended from the import registry of motor fuels in Mexico

Valero Mexico announced on Friday that the tax authority of the country had informed it that they were "momentarily suspended" from the list of motor fuel importers....