PetroChina posts 22% profit jump in H1 on higher energy prices
PetroChina posted a 22% jump in first-half profit as elevated global energy prices lifted earnings. Net profit reached 103.94 billion…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Iran Keeps Strait of Hormuz Closed as Khamenei Calls for Gulf Unity
Iran is keeping the Strait of Hormuz closed six months into its war with Israel and the United States, sustaining…
Ukrainian drone strike sparks fire at major Russian oil refinery in Kirishi
A Ukrainian drone strike set a fire at Russia's Kirishi oil refinery on the Baltic coast, part of a record…
Hormuz transit deal with Oman still hinges on US follow-through, Iranian official says
Iran says its temporary transit understanding with Oman over the Strait of Hormuz will only hold if the United States…
Iran War Pushes Global Energy Import Bill Up by $330 Billion
The war between the United States, Israel, and Iran has driven up the world's oil, fuel, and LNG import bill…
