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Commodities
Oil prices rise on tighter supply outlook; More inflation cues awaited
© Reuters.
Investing.com-- Oil prices rose in Asian trade on Monday, rising after their first negative week in four as the prospect of tighter supplies largely offset…
JPMorgan forecasts energy “supercycle” with Brent crude potentially hitting $150 per barrel
© Reuters.
In a research report published on Friday, JPMorgan analyst Christyan Malek upgraded the entire global energy sector to an overweight rating, warning that the…
Crude oil prices endure downturn amid U.S. interest rate hike anticipation
© Reuters.
Crude oil prices have seen a significant drop in the Asian market on Thursday, following the Federal Reserve's warning of a possible increase in U.S. interest…
China approves export licences for chip materials gallium, germanium
© Reuters. FILE PHOTO: The flag of China is placed next to the elements of Gallium and Germanium on a periodic table, in this illustration picture taken on July 6, 2023.…
European energy crisis: ECB, IEA and EIB to strategize on systematic transition amid soaring prices
© Reuters.
The European Central Bank (ECB), the International Energy Agency (IEA), and the European Investment Bank (EIB) are set to meet in Paris on September 29 to…
IMF halts Pakistan’s power relief plan amid ongoing electricity sector troubles
The International Monetary Fund (IMF) has reportedly halted Pakistan's plan to give relief to power consumers using over 200 units monthly, according to ARY News on…
Ethanol groups slam US EPA advisors for report on fuel’s ‘minimal’ climate benefit
© Reuters. FILE PHOTO: A gas pump displays the price for E15, a gasoline with 15 percent of ethanol, and various other ethanol blends at a gas station in Nevada, Iowa, United…
Biden to announce new military aid, air defense for Ukraine
© Reuters. Ukraine’s President Volodymyr Zelenskiy speaks at an event, while U.S. President Joe Biden listens, as G7 leaders announce a joint declaration of support for Ukraine,…
Former CFO of Russian natural gas firm Novatek sentenced to 7 years in US prison
© Reuters. FILE PHOTO: Chief Financial Officer Mark Gyetvay of Russia's gas firm Novatek speaks during the Reuters Russia Investment Summit in Moscow September 11, 2007.…
Crude oil prices could hit $100 amid global supply shortages, Russia’s export ban: Mark Fisher
© Reuters.
Mark Fisher, the founder of MBF Clearing Corp., forecasted in a CNBC interview on Thursday that prices could surpass $100 per barrel due to global supply…