By Aisha Nkemdirim
Covers oil, gas, metals, the energy transition and the commodities driving inflation.
Oil Surges 4.4% as US Strikes on Iran and Hormuz Blockade Talk Rattle Markets
Brent crude climbed 4.4% to $86.92 as fresh US strikes on Iran and renewed blockade talk near the Strait of Hormuz spiked supply fears. Mean
Aditya Birla Secures $1.5B MUFG Loan for Shell's India Clean Energy Buy
Aditya Birla Group has secured a $1.5 billion loan from Japan's MUFG to help finance its $1.8 billion acquisition of Shell's India clean ene
Advanced Petrochemical Revenue Rises 18% but Loss Widens on Plant Disruption
Advanced Petrochemical posted an 18% revenue increase in Q2, but its net loss widened to 98 million riyals. A feedstock disruption cut produ
ASX 200 Flat as Oil Jumps on Trump's Strait of Hormuz Toll Plan
The ASX 200 finished flat at 8,808.50 as oil prices climbed on news of a potential 20% toll on ships passing through the Strait of Hormuz. B
KEPCO's $700 Million Green Bond Sale Draws $2.5 Billion in Orders, Signals Strong Demand
Korea Electric Power Corp (KEPCO) raised $700 million in a dual-tranche green bond sale after attracting over $2.5 billion in orders. The pr
LibertyStream Targets C$20M Raise for Texas Lithium Push as Stock Slips
LibertyStream Infrastructure Partners is selling units at C$0.80 with half-warrants to fund its Texas lithium scale-up. The stock slipped ab
California Resources Ramps Up Drilling Speed, but UBS Cuts Profit Forecast and Price Target
UBS acknowledges California Resources is drilling faster than expected in California and Utah, but the bank lowered its Q2 profit outlook an
Oil Spikes 4.8% as Iran Claims Strait of Hormuz Closure After US Strikes
Oil prices surged after Iran said it closed the Strait of Hormuz, a key shipping chokepoint, following a weekend of US-Iran strikes. Brent c
Greenfire Acquires Connacher Oil and Gas in C$1.27 Billion Deal, Targets 65,000 bpd
Greenfire Resources has agreed to acquire Connacher Oil and Gas for about C$1.27 billion in cash, adding the Great Divide oil sands project.
Oil Surge Lifts Energy Stocks as Crude Hits $74, Natural Gas Slips
Energy stocks got a boost Monday as oil prices surged, with WTI crude climbing 3.8% to $74.09 a barrel and Brent rising 3.6% to $78.76. Mean
De Beers Halts Production at South Africa's Largest Diamond Mine for Two Years
De Beers is halting production at Venetia, its biggest South African mine, for two years as rough diamond demand remains weak. The move will
Oil Surges Over 4% as US-Iran Strikes and Strait of Hormuz Closure Rattle Markets
Oil prices surged over 4% as fresh US-Iran strikes and Tehran's closure of the Strait of Hormuz threaten global crude supplies. The move sto