Keywords: Supply
Oil prices dipped Monday despite the U.S. military operation that nabbed Venezuelan President Nicolás Maduro over the weekend, as traders weighed potential supply hits against a global market already awash in crude. Brent futures slid 0.6 percent to $60.38 per barrel, West Texas Intermediate easing......
Ukraine carried out a series of drone attacks on Christmas Day that struck key Russian energy sites, intensifying a campaign that has increasingly focused on disrupting Moscow’s oil and gas infrastructure. According to sources cited by media reports, Ukrainian drones hit the Orenburg gas processing......
A fully loaded Panama-flagged oil tanker has returned to Venezuelan waters after the United States intensified its maritime blockade targeting the country’s oil exports. The vessel, initially bound for foreign ports, reversed course following reports that the U.S. Coast Guard intercepted several......
Gold prices smashed through $4,500 per ounce on Wednesday, hitting a historic high of $4,525, as silver raced to $72.70 per ounce in a blistering year-end rally that delivers gold its strongest annual gain since 1979 at over 70 percent. Escalating frictions between the United States and Venezuela, marked......
Relentless Russian strikes on Ukraine’s Black Sea port infrastructure throughout December have severely disrupted the nation’s grain exports, driving wheat prices higher on global markets. The bombardments, focused primarily on the Odesa region, have crippled key ports, destroyed vital logistics......
The United States and Mexico have reached an agreement to settle outstanding water obligations under the 1944 Water Treaty, a critical accord governing the allocation of river water between the two nations. The understanding covers both the current cycle and the previous cycle’s deficit, ensuring......
Taiwan has reiterated its determination to keep the most advanced semiconductor production within its borders, rejecting mounting calls from the United States to relocate part of its top-tier manufacturing abroad. Officials in Taipei argue that maintaining chip production domestically is essential to......
Oil prices dipped as fears of excess supply overshadowed geopolitical tensions, which have long shaped market sentiment. Despite ongoing uncertainties linked to the war in Ukraine, traders shifted their focus to the growing imbalance between global oil production and consumption. Benchmark Brent crude......
Airbus has finalized the acquisition of Spirit AeroSystems’ Casablanca facility, marking a significant step in consolidating its global supply chain. Announced on Monday, the deal highlights Airbus’s commitment to Morocco as a “key country” for expanding its aviation manufacturing......
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