Exxon, Chevron, and Shell warn oil prices will stay high even after Middle East conflict ends
ExxonMobil, Chevron, and Shell say crude prices are likely to stay elevated even after the Middle East conflict ends, pointing...
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
China Targets 1.8 Billion Tonnes of Renewable Energy Production by 2030 as Coal Power Keeps Expanding
China plans to raise renewable energy production to 1.8 billion tonnes of coal equivalent by 2030, up from 1.18 billion...
Italian navy boards Russian tanker off Sicily in Mediterranean sanctions push
Italian naval forces boarded a Russian tanker in international waters off Pantelleria, backed by a Greek vessel and a Polish...
Hungary’s only nuclear plant heads for first full shutdown in 44 years
Record-low Danube water levels are forcing Hungary's only nuclear plant into a full shutdown, wiping out close to half the...
OPEC+ agrees to raise oil output by 188,000 bpd in September
OPEC+'s seven core members agreed to raise oil output by 188,000 barrels per day in September, completing the phased rollback...
