By Aisha Nkemdirim
Covers oil, gas, metals, the energy transition and the commodities driving inflation.
Italy extends diesel tax cut and fast-tracks drilling permits
Italy has extended its 17-euro-cent diesel tax cut until September 17 and will appoint commissioners to accelerate hydrocarbon drilling perm
Oil jumps 5.7% as Houthi capture of Yemen port threatens Red Sea shipping
Oil prices jumped 5.7% after Iran-aligned Houthi forces captured Yemen's port city of Mocha, tightening their control over the Bab el-Mandeb
Ryanair sees winter fares firm up, but oil remains the wildcard
Ryanair's CEO says winter ticket prices are looking flat to slightly higher after a small upturn since July. But the airline's outlook still
Saudi factory output falls less in July as oil rebounds monthly
Saudi Arabia's industrial production fell 8.1% year-on-year in July, though the drop was less severe than recent months. A sharp monthly reb
Enbridge to buy Tallgrass crude pipeline business for $2.55B
Enbridge is buying Tallgrass Energy's crude-oil pipeline and storage business for $2.55 billion in cash. The deal adds a majority stake in t
Baker Hughes raises 2026 outlook after closing $13.6B Chart deal
Baker Hughes raised its 2026 revenue and profit outlook after closing its $13.6 billion Chart Industries deal. The company sees better visib
Bannerman clears Etango deal hurdles, raises AU$134M to fund uranium project
Bannerman Energy says it has satisfied the last conditions to close its Etango uranium joint venture with CNNC Overseas in Namibia. To fund
Brent crude nears $100 after Houthi strikes hit Saudi energy sites
Brent crude came close to $100 a barrel after Houthi strikes hit Saudi energy sites, causing fires and temporary shutdowns. The attacks revi
Oil nears $100 as energy stocks rally; TotalEnergies advances Papua LNG
Oil prices climbed again, with WTI at $92.65 and Brent at $97.72, boosting energy stocks. TotalEnergies moved its Papua LNG project forward,
Tamarack Valley and Headwater agree C$10B all-stock oil merger
Two Canadian oil producers, Tamarack Valley and Headwater Exploration, have agreed to an all-stock merger valued at C$10 billion. The deal c
Oil at Seven-Week Highs Puts Central Banks in the Spotlight
Oil prices are hovering near seven-week highs, with Brent around $97.60. Traders are watching Middle East tensions and US inflation data for
Oil climbs near $97 as Hormuz tanker strikes raise supply fears
Oil prices climbed as US and Iranian forces struck vessels near the Strait of Hormuz, threatening a key shipping route. Brent traded near $9