Metals analysts have cut their estimates for global copper supply for this year and the next after an incident at the giant Grasberg Mine has dramatically tightened the market outlook. Last week, ...
OPEC+ will likely consider a higher oil production increase for November of 411,000 barrels a day at its meeting on Sunday, as the rising oil prices encourages the group to attempt to regain market ...
According to a memo sent to Glencore staff, Maxim Kolupaev has been promoted to head the entire oil and gas division of the company when Alex Sanna leaves at the end 2025. Trading houses often make as ...
Bloomberg News reported that Exxon Mobil, a U.S. energy giant, will lay off 2,000 employees globally as part a long-term reorganization plan. This is the latest in a series of job losses this year ...
A spokesperson for ABO Energy said that the private bank Metzler has been asked to provide advice on a potential deal in which ...
The price of Malaysian palm oils futures dropped for a third consecutive session on Tuesday. This was due to the weakness of ...
Yemen's largest solar plant helps to relieve electricity shortages, especially in Aden. Residents and businesses who suffer from the heat of summer are also benefitted. The Aden Solar Power Plant, ...
The German spot electricity price increased on Tuesday, amid expectations that wind power production would increase slightly.
September 30 - The Gulf stock markets were mixed early on Tuesday, as lower oil prices dampened expectations for further Federal Reserve rate reductions. According to CME Group’s FedWatch tool, ...
Shell announced on Tuesday that it has begun production at its Victory field in the North Sea. At peak production, this gas can heat nearly 900,000 households per year. The gas field is capable of ...
The Australian share market fell on Tuesday, as financials and energy stocks were dragged down after the central banks kept ...
The market for Malaysian palm oils futures continued to lose money for a third consecutive session on Tuesday as OPEC+'s plans to increase production and the weakness of rival edible oil weighed on it ...