Energy & Commodities
Oil, gas, metals and the energy transition driving inflation and markets.
Equinor Nearly Doubles Q2 Profit as Oil and European Gas Prices Surge
Equinor's second-quarter profit nearly doubled to $11.48 billion, fueled by higher oil and European gas prices. The state-backed Norwegian e
Oil Hits Five-Week High as US-Iran Tensions Rise; Nigeria Holds Rates, Ghana Awaits Decision
Oil prices rose to a five-week high as US-Iran tensions escalated, coinciding with Nigeria's decision to hold interest rates at 26.50% and G
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
South Korea Approves Restructuring of Yeosu Petrochemical Hub to Tackle Oversupply
South Korea has approved a restructuring plan for the Yeosu petrochemical hub, idling two ethylene units over three years. The government-ba
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
Alaska Air Profit Forecast Hit by Rising Jet Fuel Costs After July Oil Spike
Alaska Air warned investors that third-quarter profit could fall well short of expectations after a July surge in oil and jet fuel prices. T
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
F4 Uranium Launches Airborne Survey to Extend Known Uranium Trends at Wales Lake
F4 Uranium has started a 700-line-kilometer airborne geophysics survey over its Wales Lake project in northern Saskatchewan. The survey aims
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
Saudi Aramco's Q2 Profit Expected to Jump 40% on Higher Oil Prices
Saudi Aramco's upcoming earnings could show a sharp profit jump as higher oil prices offset lower production. AlJazira Capital expects Q2 ne