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Copper futures fell toward $6.40 per pound on Thursday, reaching their lowest level in five weeks as a global selloff in artificial intelligence stocks dampened sentiment toward the metal. Copper remains a key beneficiary of AI expansion due to its essential role in data centers and power infrastructure. Prices also faced pressure this week amid ...
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Energy – Kuwait pumping more than 2m b/d Oil prices remain well bid, with ICE Brent back above $110/bbl this morning following additional deadly attacks on Saudi Arabia.
China’s non-Iranian Middle Eastern crude arrivals are set to reach their highest level since the war began, despite VLCC tightness and Hormuz ship-to-ship (STS) bottlenecks delaying cargo deliveries.
US crude oil inventories decreased by 3.06 million barrels to 412.5 million barrels during the week ended October 16, the US Energy Information Administration reported Wednesday.
Iron ore futures declined toward CNY 670 per ton, reaching their lowest level in four years after China’s state-backed iron ore buyer secured a new supply agreement with Rio Tinto, easing concerns…
Iraq’s deal with the US-based Excelerate Energy company to supply imported gas to its fuel-thirsty power facilities hinges on the end of the US-Iran conflict, experts say.
China increased imports of Russian liquefied natural gas (LNG) by 44.3 per cent year on year to 7.19 million metric tonnes in January-September, with supplies valued at $3.92 billion, up 38.5 per…