By Aisha Nkemdirim
Covers oil, gas, metals, the energy transition and the commodities driving inflation.
Aramco Earnings Preview: RBC Adjusts Forecasts After Strait of Hormuz Disruption
RBC Capital Markets has tweaked its earnings outlook for Saudi Aramco ahead of the oil giant's August 4th call, lowering FY26 estimates on r
Brent Hits $92, India's Bonds and Rupee Under Pressure From Oil Shock
Oil prices surged to $92 a barrel as Red Sea shipping detours and Hormuz closure fears tighten supply. For India, a major oil importer, this
Wesfarmers and SQM Approve $645-715M Mt Holland Lithium Expansion to Double Output
Wesfarmers and Chilean partner SQM approved a $645-715 million upgrade to the Mt Holland lithium mine in Western Australia. The expansion wi
UBS Sees Diamondback Energy Topping Q2 Cash Flow Forecasts as Production Holds Strong
UBS expects Diamondback Energy to report stronger-than-expected cash flow per share of $11.46 in Q2, beating the consensus estimate of $11.2
Oil Prices Rise as Strait of Hormuz Shipping Disruptions Persist Amid Ceasefire Talks
Oil prices climbed Tuesday as shipping disruptions in the Strait of Hormuz continued to slow tanker traffic. Markets are also weighing repor
Adani Total Gas Profit Falls 14% as Imported Natural Gas Costs Surge
Adani Total Gas saw net profit fall 14.2% in the June quarter as rising imported natural gas costs ate into revenue gains. The joint venture
Maurel & Prom Sales Jump 27% on $103.8 Oil as New $465M Credit Line Secured
Maurel & Prom's first-half sales rose 27% to $366 million as oil prices averaged $103.8 a barrel. The French producer also secured a new $46
Oil Rises to $82.94 as Houthi Threat to Block Saudi Shipments Rattles Markets
Oil prices rose to $82.94 per barrel after Houthi rebels threatened to blockade Saudi oil shipments, escalating Middle East tensions. The Co
Oil Prices Jump as Houthi Threat to Saudi Shipping Revives Supply Fears
Oil prices climbed after Yemen's Houthis threatened a naval blockade on Saudi Arabia, raising fears of supply disruptions at the Bab el-Mand
Brent Crude Tops $90 as Strait of Hormuz Tensions Rattle UK Markets
Brent crude jumped 2% above $90 a barrel as US-Iran tensions squeezed oil shipments through the Strait of Hormuz. Meanwhile, UK house asking
Pampa Energia's $2.7 Billion Fertilizer Bet Aims to Cut Argentina's Import Dependence
Pampa Energia will invest $2.7 billion in a granulated urea fertilizer plant in Bahía Blanca, aiming to produce 2.1 million metric tons annu
UAE Stocks Mixed as US-Iran Strikes Keep Oil Risk Premium Elevated
Dubai's DFM fell 1.4% while Abu Dhabi held flat as US-Iran strikes kept traders focused on the Strait of Hormuz. Bank of America warns crude