Commodities
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How the Strait of Hormuz Affects Global Oil Prices and Markets
MUSCAT, July 8 — Global energy markets are watching a narrow stretch of water with renewed concern this…
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Copper Hits $4.50 Per Pound, Fueling Theft Surge at AI Sites
LONDON, July 8 — Copper prices have reached $4.50 per pound as of March 2025, according to the…
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Copper remains the backbone of global electrical infrastructure
CHICAGO, July 7 — The copper inside a new AI data center is disappearing before the servers ever…
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Omsk Refinery: Russia’s Top Oil Hub Faces Strategic Challenges
OMSK, July 7 — The Omsk Oil Refinery, Russia’s largest by processing capacity, sits at the center of…
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Copper Theft Risks Rise as AI Data Centers Drive Demand
NEW YORK, July 7 — The figure that matters: 50 to 100 tons of copper per data center.…
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Ukrainian Drone Strike On Omsk Refinery Raises Global Oil Supply Fears
MOSCOW, July 7 — When a Ukrainian drone struck the Omsk Refinery on August 26, 2024, the shockwaves…
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Oil’s 150-Year History Shaped the Modern Global Economy
WASHINGTON, July 7 — The story of petroleum is one of discovery, power, and profound economic consequence. For…
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Omsk Oil Refinery: Russia’s largest, most critical fuel producer
OMSK, July 7 — The Omsk Oil Refinery, Russia’s largest by crude oil processing capacity, remains a critical…
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Gazprom Neft: Russia’s state-owned oil refining giant
MOSCOW, July 7 — Against the backdrop of an energy sector already reshaped by years of Western sanctions,…
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Strait of Hormuz Attacks Raise Oil Prices, Jolt Global Markets
LONDON, July 7 — The story begins not with a single event, but with a shadow that has…
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Taneco Refinery: Russia’s Largest Oil Facility’s Strategic Role
NIZHNEKAMSK, July 7 — Against the backdrop of shifting energy markets and the grinding conflict in Ukraine, the…
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Omsk Refinery: Russia’s Largest Oil Hub Faces Strategic Challenges
OMSK — A drone strike on May 9, 2024, that ignited a processing unit at the Omsk Refinery…
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Strait of Hormuz Disruptions Rattle Global Energy Markets
ALMATY, July 7 — For Central Asian economies watching global oil markets, the Strait of Hormuz is not…
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Global Chokepoint: Strait of Hormuz Threatens World Energy
TEHRAN, July 7 — About 21 million barrels of oil per day passed through the Strait of Hormuz…
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Strait of Hormuz Disruptions Raise Global Oil Prices
TEHRAN, July 7 — The Strait of Hormuz, a narrow waterway that has long been the flashpoint for…
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Oil Prices Swing from $140 to Negative $37 and Back
NEW YORK, July 7 — The benchmark for American crude oil has spent the better part of two…
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Iran Oil Tanker Attacks Disrupt Global Energy Markets, Raise Prices
TEHRAN, July 7 — For families already feeling the pinch at the pump, the world’s most critical oil…
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Global Oil Prices Surge as Strait of Hormuz Shipping Halts
DUBAI, July 7 — Global oil markets are still feeling the shockwaves from an attack more than a…
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Strait of Hormuz Attacks Threaten to Raise Global Oil Prices
MUMBAI, July 7 — The threat of a disruption at the Strait of Hormuz is the kind of…
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Global Oil Markets Brace for Strait of Hormuz Attacks
WASHINGTON, July 7 — A fresh wave of instability is rolling through global energy markets, and it all…
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Iran Strait Attacks Threaten Global Oil Market Disruption
TEHRAN, July 6 — The Strait of Hormuz, a narrow waterway that carries roughly a fifth of the…
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Attacks on Strait of Hormuz Push Global Oil Prices Higher
DUBAI, July 6 — Global oil markets are once again staring down the barrel of disruption in the…
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HOUSTON: Cheap US natural gas era ending, prices to rise by 2035
HOUSTON, July 2 — The era of cheap natural gas in the United States, with prices routinely sitting…
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Eni and ADNOC Acquire 32% Stakes Each in Three Vaca Muerta Blocks
Argentina’s Vaca Muerta shale play just got two new heavyweight partners. Eni SpA and XRG PJSC, the Abu…
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