Energy & Commodities
Oil, gas, metals and the energy transition driving inflation and markets.
Oil Surges Past $76 as US Revokes Iran Waiver and Strikes Targets Near Strait of Hormuz
Brent crude jumped above $76 after the US revoked Iran's oil export waiver and launched strikes on over 80 targets near the Strait of Hormuz
Gulf Stocks Slide as Strait of Hormuz Tensions Push Oil Above $76
Gulf stock markets slipped as tanker incidents near the Strait of Hormuz and fresh US sanctions on Iranian oil pushed Brent crude up 3.2% to
Temasek Pours Another S$5 Billion Into Energy Transition, Flags Emissions Target Miss
Temasek invested another S$5 billion in energy-transition deals, growing its sustainable living portfolio to S$49 billion. However, the stat
Barclays: Germany Nears Capacity Auction Rules, RWE Poised to Benefit
Barclays says Germany is close to finalizing capacity auction rules that would pay gas plants for standby availability. RWE's early equipmen
Oil Jumps 2% as US-Iran Tensions Rattle Markets, Bonds Sell Off
Oil prices jumped nearly 2% on Wednesday as fresh US airstrikes and sanctions on Iran reignited fears of supply disruptions in the Middle Ea
Japan's Q3 Aluminum Premium Hits $395/Ton, Highest Since 2015
Japan's aluminum buyers agreed to pay a $395-per-metric-ton premium for Q3 shipments, up 13% from last quarter and the highest since 2015. T
BHP Workers Plan 8-Hour Strike at Port Hedland, Threatening $120M Daily Iron Ore Revenue
BHP workers at Port Hedland in Western Australia have announced an eight-hour work stoppage for July 16. The action could disrupt roughly A$
Oil Jumps 2.7% After US Strikes Iran, Stocks and Bonds Wobble on Inflation Fears
Crude oil climbed 2.7% to $72.40 after US strikes on Iran and new sanctions raised supply concerns. Stock and Treasury futures wobbled as in
DT Midstream Faces Seasonal Q2 Dip but Utility Demand Accelerates Pipeline Expansion
UBS forecasts a seasonally softer second quarter for DT Midstream, with EBITDA likely falling from Q1. However, utility customers are signin
Horizon Petroleum Raises C$4.1 Million to Advance Poland Gas Well Testing
Horizon Petroleum has raised C$4.1 million through an oversubscribed private placement. The funds will support workover and production testi
RBC: Infinity Natural Resources Q2 Production Set to Improve, Easing Liquids Concerns
RBC Capital Markets reports that Infinity Natural Resources' second-quarter checks indicate slightly higher oil and NGL production, easing f
Shell Sells South Africa Downstream Business to ADNOC for $1 Billion
Shell agreed to sell its downstream South Africa business to ADNOC Distribution for an implied $1 billion enterprise value. The deal reshape