European Central Bank policymakers stated?on?Monday that euro zone inflation could be higher than already high projections. Recent energy price developments, in particular the rise in natural gas...
The markets now expect that the Federal Reserve will raise interest rates on Wednesday as another surge in crude oil prices begins the week following more attacks...
As Yemen's Iran aligned Houthi militants swept along the country's battered Red Sea coast, thousands of?panicked people fled into makeshift 'camps', adding to a vast 'population' already...
European shares dropped on Monday, as technology stocks fell after leaders of top AI firms urged a'slower pace of development.' Meanwhile, another surge in oil prices dampened...
Aliko Dangote, a Nigerian billionaire, launched the largest ever share sale in Africa on Monday with his initial public offering (IPO) of oil refinery. This opened up...
India has approved the export of electricity to Nepal for 18 hours per day until December 31 after a devastating flood in the Himalayan nation last month...
Peter Kazimir, a policymaker at the European Central Bank, said that euro zone inflation could be higher than projected and the growth of power and natural gas...
India's?Solar Industries announced on Monday that its unit would acquire South Africa's?Omnia Holdings for?about $1.36billion in a?all cash?deal. The explosives and ammunition manufacturer is looking to expand...
On Monday,?European stocks were?subdued? as?technology shares fell? after executives from leading AI companies called on a slowdown in development? while another rise in oil prices? dampened the...
Nigeria's Dangote Group sells a 3,3% stake in the 700,000 barrels per day?oil refining plant to the public in what will be the largest such transaction on...
Aliko Dangote, the Nigerian billionaire who owns the oil refinery in question, launched the 'public offering' of the company on Monday. The sale opened up the plant...
The European Union's trade barriers and global supply disruptions have made this sector vital to the EU's food security. "Today, it appears that a major shift in...
The company announced on Monday that India's Essar Group has acquired UK petrol station operator SGN Retail. This acquisition adds 118 sites to its network of fuel...
According to a study released earlier this month, the Himalayas is approaching a tipping-point as 'glaciers' melt faster now than they did a decade before. This threatens?water...
Wayne Cole gives us a look at what the future holds for European and global markets. Brent oil is now back at $107 a barrel as the...
Nikkei reported that the president of Japan's?Chubu?Electric?Power is expected to resign following a?finding?that the firm?had?falsified?seismic?data in its application for restarting the Hamaoka Nuclear Power Plant. The paper...
On Monday, the Asian share markets fell as supply concerns caused oil to spike again. Investors braced themselves for interest rate hikes this week in both Japan...
On Monday, Asian share markets fell as oil prices spiked again due to supply concerns. Investors were also bracing for interest rate hikes this week in the...
Oil prices increased by more than $3 per barrel at Monday's market opening, following new strikes on Saudi Arabia and on ships in the Gulf on Sunday....
The results of the national elections in Sweden were deadlocked on Sunday. A partial count by the?election authority indicated a one-seat majority for?the centre-left opposition bloc, which...
U.S. President Donald?Trump called on Ukrainian president Volodymyr?Zelenskiy on Sunday to stop attacking Russian diesel infrastructure. He said the attacks are causing a fuel shortage that "hurts...
The head of Russia’s state nuclear corporation, accused Ukraine on Sunday of attacking diesel fuel truck and killing two Russian servicemen. He also said that Ukraine was...
Officials in Ukraine warned that the country is bracing itself for a harsh winter, as Russian attacks on its infrastructure and export industries compound a growing budget...
Officials said that Russian air strikes on Saturday in various Ukrainian regions killed six people and injured dozens. They also damaged infrastructure, residential buildings, and residential areas....
Iceland's Government will present a bill?on whaling in February that could ban it. This move?would leave Norway and Japan the only countries in the World to continue...
U.S. President Donald 'Trump' said on Saturday that Iran is probably responsible for the aerial attack that shut down Saudi Arabia's East-West Pipeline, which was one of...
On?Friday, a federal appeals court threw out a President Donald Trump administration order that had?forced a Michigan coal-fired plant to stay open past its planned retirement date....
The U.S. Department of Agriculture announced on Friday that U.S. farmers will harvest less corn this fall than they had previously anticipated, following hot weather during the...
An official from the White House said that a Russian official would attend a G20 Energy meeting in Houston next Friday. The U.S. invited 'Russian Finance minister...
On Friday, a federal appeals court overturned an order of the Trump administration that would have forced a Michigan coal plant to stay open past its scheduled...
According to sources familiar with the plans of the administration, the White House is considering?how it can use the Defense Production Act in order to increase U.S....
Stocks in the U.S. rose on Friday, as oil prices fell. This helped to put stocks "on track" to finish a tough week on a positive note....
Venezuela's state-run energy company PDVSA ?has restarted the fluid catalytic cracker of ?its 310,000-barrel-per-day Cardon refinery, ?three sources said ?on Friday, ?complementing output of the neighboring Amuay...
Chevron CEO, Mike 'Wirth' said on Friday that the oil buffers which limited crude prices increases during the Iran War have been exhausted and that the conflict...
The government of Hungary will provide a 'targeted subsidy' to households that use diesel-powered cars as fuel prices have increased. However, the price cap won't be introduced...
A leading union representative in Germany said that IG Metall demands Volkswagen honour a landmark labor deal signed in 2024. He cited fears of mass job losses...
The copper price was headed for its first weekly decline?since June. They also stabilized on Friday after a steep drop in the previous session following reports?that White...
U.S. consumer price increases accelerated in August as gasoline prices rebounded after two consecutive monthly drops. This boosted financial market expectations of a rate hike by the...
BUND -Niedersachsen, a German environmental group, has filed a lawsuit against the Lower Saxony government to stop the expansion of the Lingen nuclear power plant. They claim...
Elvira Nabiullina, Governor of the Russian Central Bank and Alexei Zabotkin, Deputy Governor held a press conference on Friday following the bank's decision to leave its benchmark...
U.S. index futures rebounded on Friday as oil prices dropped and investors hoped that the consumer inflation report would end a 'rough' week on a positive. Oracle's...
Looking for inspiration? Weekend Reads is a weekly roundup of what the Open Interest Team has been reading, watching, and listening to. This week's top picks include?span?data...
A legal source reported that an Italian court upheld a Friday order to close?down the blast furnaces at former Ilva Works, in a blow against Prime Minister...
Open Interest (ROI), every Friday, distills the financial week into five key charts that highlight the major trends and surprises, as well as the overlooked moves, that...
The International Energy Agency said that Saudi Arabia's crude oil supply dropped by 2.3 million barrels per month to 6,000,000 bpd, its lowest level in over 30...
Price of U.S. Oil has been on a scorching rise for the past?two months. On Thursday, it jumped nearly 7% as tensions between U.S. and Iran escalated....
U.S. stock index futures rebounded as oil prices dropped on Friday, and investors placed their hopes in the consumer inflation report. This helped end a tough week...
Pakistan's dual role in the past year as Riyadh’s partner and Washington’s backchannel to Tehran has been evident. But this week, fighting between Yemen’s Iran-backed Houthi and...
Government data revealed that despite efforts by the government to increase fuel supplies, nearly a third (33%) of India's coal-fired plants operate with "critically low" fuel stock...
The International Energy Agency announced on Friday that global oil demand and supply will be lower than originally thought. This is because the Iran War has not...
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