Energy & Commodities
Oil, gas, metals and the energy transition driving inflation and markets.
GE Vernova Lifts 2026 Outlook Despite Widening Wind Losses and Tariff Headwinds
GE Vernova lifted its 2026 revenue and cash flow outlook for the second time, but wind losses widened and quarterly earnings missed estimate
Fortum's Soft Quarter Highlights Nuclear Risks, But Datacenter Demand Offers Long-Term Support
Fortum's generation profit fell short of forecasts as nuclear outages and lower power prices weighed on results. However, analysts at Barcla
BPCL Posts First Quarterly Loss in 15 Years as Surging Oil Squeezes Margins
Bharat Petroleum (BPCL) posted its first quarterly loss in 15 years after a sharp rise in Brent crude prices turned fuel-selling margins neg
Gulf Stocks Dip as Oil Hits $92.85 on Houthi Shipping Threats
Gulf stock markets fell as fresh US strikes and Houthi warnings disrupted key shipping routes, sending Brent crude to $92.85. Saudi tankers
Naturgy Forecasts Core Profit Above €5.5 Billion as Regulated Networks Drive Growth
Naturgy expects core profit to top €5.5 billion in 2025, with regulated distribution networks compensating for softer energy trading. Net in
Iberdrola Profit Jumps 22% as Grid Investment Surges in UK, US, Brazil
Iberdrola's first-half net profit rose 22% to €4.34 billion as the utility ramped up grid investment in Britain, the US, and Brazil. The com
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