Stories tagged “Commodities.”
30 stories
Global bond rout pauses for second day as Fed’s Waller sparks rate-hold hopes
Global sovereign bond markets experienced a temporary reprieve from a sell-off, with yields pulling back, after Federal Reserve Governor Christopher Waller hinted at a potential pause in interest rate hikes.
Brent Nears $96 as Iran Conflict Keeps Oil Market on Edge
Brent crude oil prices are approaching $96 per barrel, driven by escalating conflict involving Iran, which raises significant concerns about global oil supply disruptions.
U.S. Oil Deal Pushes China and Russia Out of Venezuelan Fields
A new U.S. oil deal in Venezuela is reportedly displacing China and Russia from key oil fields, marking a significant shift in geopolitical influence over the nation's vast energy reserves.
BT expects to earn an estimated £2bn from selling old copper cables as it switches to full-fibre broadband. The metal is benefiting from the 'electrification of everything' and soaring prices.
The Democratic Republic of Congo's mining sector is witnessing a significant pivot from cobalt to copper, driven by rising copper prices and restrictions on cobalt exports. Major operators like Glencore are increasing copper production while reducing cobalt output.
Lithium Miners Cash In as Battery Storage Demand Surges
Lithium miners are experiencing significant financial gains due to a sharp increase in global demand for battery storage solutions, driven by the expanding renewable energy sector.
Goldman Sachs Sees Diesel Refining Margins Soaring to $63 a Barrel
Goldman Sachs forecasts a significant surge in diesel refining margins, potentially reaching $63 a barrel, driven by tight supply and robust demand.
German yields hit multi-year highs after Warsh’s hawkish tone
German government bond yields surged to multi-year highs, with the 10-year Bund reaching its highest since 2011, following hawkish remarks from Federal Reserve Chair Kevin Warsh on persistent inflation.
US Treasury’s Bessent faces G20 diplomacy test amid tariffs, Iran war, bond turmoil
US Treasury Secretary Scott Bessent is set to navigate complex G20 discussions on global trade imbalances, escalating tariffs, sanctions against Iran, and concerns over rising US debt and bond yields. He aims to push the Trump administration's economic agenda amidst signi…
Solar Has Crossed a Critical Economic Tipping Point
Solar power has reached a critical economic tipping point, becoming the cheapest form of electricity in many regions and surpassing wind in global electricity generation for the first time.
The AI Boom Could Triple Data Center Water Use by 2030
The rapid expansion of AI technology is projected to significantly increase water consumption by data centers, potentially tripling it by 2030, raising concerns about resource scarcity.
Canadian dollar slips as trade tensions, Fed outlook keep loonie under pressure
The Canadian dollar weakened significantly, heading for its steepest weekly decline in over two months, primarily due to a strengthening U.S. dollar following hawkish Federal Reserve remarks and escalating Canada-U.S. trade tensions.
Venezuela Helped Build OPEC. Now It May Help Break It Apart
Venezuela, a founding member of OPEC, is seeing a potential revival in its oil sector due to new U.S. energy deals, which could significantly increase its output and challenge the cartel's unity.
India’s Russian Oil Imports Slide From Record High as Supply Tightens
India's imports of Russian crude oil decreased in May from a record high in April, as tighter supply and reduced discounts made Russian oil less attractive.
Uranium Prices Surge as Nuclear Demand Accelerates
Uranium prices are surging due to accelerating nuclear demand, driven by the need for clean energy and the increasing role of nuclear power in the global energy mix.
Japan Holds Off on New Oil Reserve Release Despite September Import Drop
Japan has decided against releasing new oil reserves, despite a notable drop in its crude oil imports during September, signaling a strategic approach amidst global energy market volatility.
Europe’s Biogas Plants Could Become Fertilizer Factories
European biogas plants have the potential to transform into fertilizer factories by utilizing digestate, a byproduct of biogas production, to address both the energy and fertilizer crises.
Sterling today: Pound slips as dollar policy jitters, Iran sanctions weigh
Sterling and the euro eased against the dollar on Monday, influenced by market anticipation of new U.S. policy signals, including fresh Iran sanctions, a potential fiscal consolidation plan, and upcoming Federal Reserve commentary.
Why does the USD outlook depend on UST and Fed policy credibility?
BofA Securities suggests the U.S. dollar faces further depreciation as Treasury efforts to suppress long-term yields and the Federal Reserve's potential response raise concerns about American policy credibility. This strategy, aimed at containing borrowing costs, could we…
Sell U.S. dollar versus these currencies, BCA says
BCA Research advises investors to sell the U.S. dollar against the South Korean won, Japanese yen, Taiwan dollar, Singapore dollar, and euro, citing declining American real interest rates and weakening foreign portfolio inflows.
Will Bessent’s intervention mark a turning point for the yen?
US Treasury Secretary Scott Bessent backs the late-July joint US-Japan intervention to succeed, citing the yen's undervaluation against the dollar. Analysts at ING believe the yen is around 20% undervalued, with a fair-value model showing this gap has persisted through 2026.
The Race to Unlock the World’s Hidden Hydrogen Reserves
The article explores the global race to discover and extract natural hydrogen, also known as "white hydrogen," which is found underground and could offer a cheaper, more abundant clean energy source than manufactured alternatives. This emerging field holds the potential t…
Saudi Oil Exports from Mediterranean Soar with Shuttles North to Avoid Houthis
Saudi Arabia is significantly increasing its oil exports from the Mediterranean via the SUMED pipeline, rerouting crude to avoid Houthi attacks in the Red Sea.
Nigeria Eyes $50 Billion Offshore Oil and Gas Investment Boom
Nigeria aims to attract $50 billion in offshore oil and gas investments, driven by the implementation of its Petroleum Industry Act (PIA). This initiative seeks to reverse declining production and unlock vast deepwater resources.
Buy NZD/USD, BofA tells its clients
Bank of America has advised its clients to buy NZD/USD, citing a shift in risk distribution and a hawkish Reserve Bank of New Zealand outlook. The firm has added U.S. dollar short positions.
Sterling today: Pound steady as Treasury buyback keeps dollar soft
Sterling remained stable and the euro consolidated as the U.S. Treasury's bond buyback operations continued to foster a soft-dollar, risk-friendly trading environment.
Asia FX steadies after sharp gains, dollar near 3-mth low as bond selloff cools
Asian currencies steadied on Thursday after sharp gains in the previous session, while the U.S. dollar nursed steep losses as investors digested the Treasury Department's move to calm a bond market rattled by surging long-term yields.
Prediction market operator Kalshi has filed with the CFTC to launch perpetual futures contracts tied to copper prices, utilizing Pyth Network for real-time price data.
5 Energy Stocks Cashing In On The New Energy Crunch
The article discusses how energy stocks are benefiting from the new energy crunch, with companies like Chevron and Aramco seeing increased demand for their products.
Libya Seeks Up to $40 Billion to Boost Oil Output to 2 Million Bpd
Libya is reportedly seeking up to $40 billion in investment to significantly increase its crude oil production capacity to 2 million barrels per day (bpd).