Energy & Commodities
Oil, gas, metals and the energy transition driving inflation and markets.
Oil's surge past $100: why the squeeze could continue
Oil has surged above $100 a barrel, up 20% in three weeks, as Middle East conflict disrupts key shipping routes. With emergency buffers fadi
Pembina sticks with steady 5%-7% growth target through 2030
Pembina Pipeline is sticking with its steady growth plan through 2030, targeting 5%-7% fee-based EBITDA per share growth. RBC notes the comp
Oil Tops $100 Again, Lifting Energy Stocks as TotalEnergies Bets Big on AI
Oil prices climbed back above $100 a barrel, giving energy stocks a broad lift. Meanwhile, TotalEnergies announced a €100 million AI partner
Oil Holds Above $107 as Hormuz Hopes Fade, Yields Top 5%
Brent crude holds above $107 as hopes for a quick return to normal Hormuz traffic fade, keeping a risk premium in oil prices. Meanwhile, 10-
EQT and Norway's wealth fund weigh €11.9B bid for Acciona Energia
A consortium led by Swedish private equity firm EQT and Norway's sovereign wealth fund is reportedly preparing a €11.9 billion bid for Accio
Palm oil futures edge higher as crude rally and weaker ringgit lend support
Malaysian palm oil futures ticked up again, helped by climbing crude oil prices and a weaker ringgit. The move reflects ongoing supply conce
Carlyle's Avenrock Energy buys Alberta producer Parallax in C$1B deal
Private equity giant Carlyle is deepening its presence in Canada's oil patch. Its new unit, Avenrock Energy, has agreed to acquire Alberta p
Dangote refinery IPO opens to Nigerians with 4.1 billion shares
Aliko Dangote's refinery IPO opens to Nigerian retail investors, offering 4.1 billion shares at 525 naira each. Proceeds will fund expansion
Dangote refinery IPO could be Africa's largest, opens to retail investors
Dangote Group is taking its oil refinery public, offering 4.1 billion shares at 525 naira each to raise 2.15 trillion naira. The IPO could b
Brent crude tops $107 as Red Sea shipping risks lift tanker costs
Brent crude climbed back above $107 a barrel as Houthi threats near the Bab el-Mandeb strait raise the risk and cost of moving oil. Longer r
Saudi stocks slip 1% as drone strikes force shutdown of key oil pipeline
Saudi stocks fell 1% in early trade after drone strikes hit the kingdom's East-West oil pipeline, prompting a precautionary shutdown. The pi
Chevron CEO warns oil's spare capacity cushion is nearly gone
Chevron CEO Mike Wirth says the oil market's safety cushion of spare capacity has been largely used up by the US-Iran conflict, leaving pric