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Keywords: Supply
Fuel oil prices in Asia have spiked to their highest levels in eight months, driven by traders' expectations of a major redirection of Venezuelan heavy crude toward American refineries. The premium on high-sulfur fuel oil (HSFO) 380-cst for the nearest month surged above $27 per barrel on January......
Recent rainfall has significantly improved water storage levels in Morocco’s Oum Er-Rbia river basin, raising total dam reserves to approximately 938 million cubic meters, according to officials from the Oum Er-Rbia Hydraulic Basin Agency. Rainfall recorded up to January 8 reached around 251 millimeters,......
Artificial intelligence expansion and soaring defense budgets will propel global copper demand up 50 percent by 2040, risking severe shortages that could hinder economic growth and technological progress, according to a study released Thursday by S&P Global. Annual copper demand will hit 42 million......
Japanese stock markets tumbled Wednesday as investors grappled with the economic fallout from China's fresh export restrictions on dual-use goods, raising alarms over potential disruptions to vital supply chains in the automotive and electronics sectors. The Nikkei 225 index fell 1.06 percent to......
Gold and silver prices surged on January 5 after the U.S. military captured Venezuelan President Nicolás Maduro, as investors rushed to precious metals amid heightened geopolitical uncertainty. Spot gold climbed 2.7% to $4,444.52 per ounce, while silver jumped 4.6% to $75.90 per ounce, kicking......
Oil prices have dropped to their lowest level in nearly four years, with Brent trading around 61 dollars a barrel on 6 January 2026, capping a historic slide driven by one of the largest supply surpluses in two decades. The December 2025 monthly average of 63 dollars a barrel was the weakest since early......
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......
