Saudi Aramco Spot Sales Signal Supply Surge; Crude Under Pressure
Saudi Aramco's unusual spot oil sales and accelerated shipments hint at oversupply, weighing on crude oil futures in the near term.
Saudi Aramco's unusual spot oil sales and accelerated shipments hint at oversupply, weighing on crude oil futures in the near term.
Western Europe braces for repeated heat waves through July, threatening crops, energy grids, and weighing on the euro and European equities.
Eni partners with Mercuria to establish a global energy commodities trading venture, merging physical supply with trading expertise to compete with the…
Gold prices declined for a third consecutive day as Federal Reserve signals and a resurgent US dollar dampened demand for the precious…
Aluminum prices slumped to their lowest level since February as a rising dollar weighed on the base metals complex, underscoring the sensitivity…
Goldman Sachs flags a 2026 oil surplus as OPEC+ and US shale supply flood the market, overwhelming demand and strategic stockpile purchases,…
Gold steadied as US-Iran peace talks dampened safe-haven demand and reshaped inflation expectations, with markets eyeing Powell’s testimony for rate direction.
Crude oil prices stabilize as markets monitor geopolitical developments, including peace talks and Hormuz Strait chokepoint risks.
Canadian stocks, spearheaded by Royal Bank of Canada and TD Bank, are set to outgain the S&P 500 for a second straight…
Diplomatic deadlock forces energy traders to rethink supply chains, potentially disrupting crude flows and boosting oil markets.
EU deforestation rule exemption for pharma palm oil and soy seeds lifts agricultural stocks as compliance costs fall.
CME’s new beef trim futures contract debuts as U.S. cattle supplies tighten, offering hedgers a tool against the volatile wholesale beef market.