Seven OPEC+ countries agreed on Sunday to raise the oil production cap in September by 188,000 barrels per day (bpd) from August levels, according to a statement published after a virtual meeting of OPEC+. The decision was announced following the meeting attended by Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman, which reviewed global ...
UK natural gas prices rose past 143 pence per therm on Tuesday as uncertainty over renewed US-Iran diplomacy remains amid mixed signals from both sides.
Today,the DCE iron ore futures showed weakness today. The most-traded DCE I2609 contract closed at 699.5 yuan/mt, down 0.43% from the previous trading session.
European shares rose on Tuesday, creeping toward fresh record highs as strong earnings from banking giant HSBC and pharmaceutical company Bayer helped offset consumer sector weakness and lingering…
Greece is currently navigating a fundamental strategic shift in its energy sourcing, characterized by a transition from traditional pipeline-heavy reliance toward a flexible, LNG-centric import model.
Energy – Deja-vu for oil markets? Oil prices dropped sharply yesterday on rising optimism that the US and Iran may be moving closer to reviving a Middle East deal.
Soybean futures traded around $11.7 per bushel, holding near a four-week low as favorable growing conditions across the US Midwest outweighed renewed Chinese buying.