Pacific nations far from home are feeling the effects of a global fuel shortage. Authorities scramble to manage their energy supply, while families struggle with fuel restrictions...
U.S. crude prices rose early on Wednesday despite Washington's announcement that it would extend the ceasefire indefinitely with?Iran. This was due to uncertainty surrounding?peace negotiations?and the?Strait of...
Wall Street stocks closed lower on Tuesday, following their global counterparts. Crude prices also rose amid concern over the latest developments in the Iran War. The?three major...
According to Mercuria's top metals analyst, the global aluminium market will experience a "black-swan" event this year as disruptions caused by a Middle East conflict trigger a...
Wall Street stocks followed their global counterparts down on Tuesday, and crude prices continued to rise as optimism faded over peace negotiations and the expiration of the...
Italian grid operator Terna announced on Tuesday that its departing CEO, Giuseppina Di Foggia will waive her claim to severance payment of?7.3 million euros ($8.56 millions) in...
Gold prices continued to fall on 'Tuesday, as a stronger US dollar and rising yields weighed down on the price. Investors awaited the results of tentative U.S....
ASM International, a computer chip equipment manufacturer, forecast on Tuesday?stronger revenue guidance for the second quarter?than expected by markets?after?a first-quarter result that exceeded expectations. LSEG data estimated...
The Irish government announced on Tuesday that the 'energy ministers of Spain and Ireland will sign a preliminarily agreement on Thursday to assess the viability a 'undersea...
Four sources familiar with the matter said that HSBC is hiring JPMorgan executive James Willis as its global precious metals sales director. Mark Augustynak, formerly of ICBC...
French officials said that they would 'fully offset the economic impact of the Iran crisis' by freezing certain spending. They announced this on Tuesday as part of...
The following are some key quotes from traders and analysts at the FT Global Commodities Summit. MARCO DUNAND MERCURIA CEO You'd expect that China would try to...
Gold prices continued to fall during U.S. trade hours on Tuesday as the stronger dollar and rising yields put pressure on the price. Investors were also awaiting...
Wall Street stocks fell, and global equities also declined as optimism faded over the peace talks. Also, the U.S. - Iran ceasefire was set to expire. The...
Goldman Sachs maintained on Tuesday its forecast that the copper price will average $12,650 a metric ton in this year and their estimate of a 490,000-ton?surplus 2026...
U.S. Treasuries fell for a second session in a row on Tuesday, after data showed that retail sales were higher than expected in the month of March....
Genuine Parts, a distributor of auto?parts in the Middle East, said that it expects to face near-term cost pressures due to the?concurrent conflict. However, after reporting a...
On Tuesday, the U.S. Dollar?edged up on optimism about?the?U.S. The war with Iran will end in a ceasefire, and retail sales data from March showed a strong...
After the Iran War, Rosatom, the Russian state-owned nuclear corporation, has begun talks with Turkish companies about joint ownership of Turkey's first nuclear plant. The 4.8-gigawatt Akkuyu...
Retail sales in the U.S. increased more than expected during March, as the war against Iran led to higher gasoline prices. This led to record receipts in...
Investors remain cautious, as they 'look to tentative U.S.Iran talks as well as a upcoming Senate confirmation hearing of Kevin Warsh as Federal Reserve Chairman nominee. At...
Three sources with knowledge of the matter said that Mercuria sold aluminum in Europe at a price below what was assessed by the price reporting agency Fastmarkets....
The government announced that Britain would launch a 'package of measures' on Tuesday in order to increase the use of renewable energy and to reduce its reliance...
Environmental activists will protest outside SpaceX Starbase launch 'facilities' on Tuesday, ahead of the highly-anticipated IPO 'of Elon Musk’s company. They'll be pressuring public pension funds to...
Steel Dynamics' profit for the first quarter rose Monday. This was largely due to higher steel prices, which were a result of tighter supplies caused by mill?outages....
A spokesperson for Vicuna Corp said that police in Argentina's La Rioja province had blocked access to the?roadway leading a a copper megaproject?in the neighboring San Juan...
Rystad Energy, an energy research company, said that a sustained oil price of 100?a barrel would unlock?2.1million barrels of crude supply per day in South America by...
Former Russian President?Dmitry Medvedev's warning has crystallised Gulf state fears that reopening of the Strait of Hormuz could be all the Iran-U.S. negotiations can achieve and fall...
?U.S. An official from the Cuban Foreign Ministry confirmed in an interview with state-run newspaper Granma that officials recently met their 'Cuban counterparts' in Havana. Axios reported...
John Jovanovic, President and Chairman of the U.S. Export-Import Bank, said that Project Vault, which is the U.S. Government's vital?minerals reserves, will close its first funding tranche...
Gold prices dropped to a new?low of one week on Monday, before recovering a little as Iran threatened retaliation for the U.S. taking over of an Iranian...
The shares of U.S. energy startup Fermi dropped'sharply' on Monday following the sudden departures?of Toby Neugebauer, its co-founder and chief executive officer as well as Miles Everson,...
Kevin Warsh, the U.S. president Donald Trump's nominee to lead the Federal Reserve, will say to lawmakers during his confirmation hearing on Tuesday that he "is committed...
Gold prices fell to a new low of one week on Monday before recovering slightly. The dollar and oil prices rose as a result of the retaliation...
The fluid ?catalytic cracker of Venezuela's ?second-largest refinery, ?the 310,000-barrel-per-day ?Cardon, was restarting on Monday after a power outage affected the entire refinery last week, two workers...
The Dutch government estimated on Monday that the European Union could supply enough kerosene for the EU economy to last about five months. This would be based...
Chicago wheat futures rose Monday on the back of a?dryness? in U.S.-growing regions, and fears that the ceasefire agreement between?the United States and Iran? may break down....
U.S. president Donald Trump dismissed Monday his top energy official's view that gasoline prices won't drop until 2027. He said Americans can expect lower costs once the...
Sources familiar with the situation say that Vice President JD Vance remains in the United States and has not yet left for Pakistan. The prospects of a...
Gold prices dropped to a one week?low Monday, before recovering'slightly' as Iran threatened retaliation for the U.S. taking over of an Iranian cargo ship. This drove up...
Brazil's President told a Monday press conference that Germany would 'contribute' 500 million euros (588.30 millions) to a 'climate fund' managed by Brazil's'state development 'bank BNDES. The...
Data released on Monday showed that the Russian central bank had?sold about 0.7 million troy-ounces of gold so far this year. As of the beginning of April,...
Mexico's president Claudia Sheinbaum said on Monday that Mexico is interested in reaching an agreement, before completing the review the U.S. Mexico-Canada Trade Pact, concerning the exchange...
RABIA BORDER CROSSING (Iraq), April 20 – Iraq has reopened its Rabia border crossing with Syria, after more than a decade, to speed up overland fuel exports...
Two EU diplomats have said that the?European Union?will expand the criteria?of their Iran sanctions to include the individuals responsible for?blocking?the Strait?of Hormuz.?The Strait?of Hormuz has been?largely closed...
The dollar and oil prices rose on Monday, after Iran threatened retaliation for the U.S. seizure of an Iranian cargo ship. As of 9:23 am EDT (1323...
PeaceGold, a UK-based social enterprise, plans to export its first products from the'restive eastern Democratic Republic of Congo in September. This is despite last year's fighting that...
MILAN, 20 April - Italy's government-controlled power grid operator Terna is planning to hold an extraordinary board meeting within the next few days, according to a source...
The global oil market has been predicting that the Strait of Hormuz would be closed for a short time, and the disruption of crude and refined product...
Copper prices fell on Monday as the Strait of Hormuz was closed again to marine traffic. A fragile ceasefire between Iran & the United States looked in...
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