Commodities

Financial Times
US ‘long overdue’ for a critical minerals stockpile, says mining boss
Ramaco Resources CEO defends an unusual deal the Pentagon struck with rival miner MP Materials
Financial Times
Fossil fuels running out of road as clean energy catches up, says UN chief
Renewables made up 92.5 per cent of all new electricity capacity additions in 2024, report shows
Wall Street Journal
Oil Prices Fall on Demand Growth and Production Concerns
Oil prices fell, pressured by slower demand growth and increased production, Exness said, adding that a pause in OPEC+’s production increases later this year could limit downside risk.
Reuters
US became net exporter of crude to Nigeria for the first time, EIA says
The United States became a net exporter of crude oil to Nigeria in February and March, as crude demand on the U.S. East Coast slowed due to refinery maintenance and the Dangote refinery drove up ...
MarketWatch
Analysts See Decline in U.S. Crude-Oil Inventories
Commercial crude-oil stockpiles are expected to have fallen by 800,000 barrels to 421.4 million barrels in the week ended July 18, according to the average estimate of 10 analysts and traders. Seven ...
Financial Times
Fossil fuels ‘running out of road’ as clean energy catches up, says UN chief
Renewables made up 92.5 per cent of all new electricity capacity additions in 2024, report shows
Reuters
Oil prices fall as key trade talks falter ahead of tariff deadline
Oil prices fell on Tuesday for a third consecutive session, as hopes faded for a trade deal between the U.S. and Europe, feeding fears of an economic slowdown in the world's largest oil markets. Brent ...
Financial Times
Mexican state oil company Pemex’s bonds jump on debt sale plan
Bonds will be classed as public debt but ‘will not be consolidated’ with liabilities of company or country
Financial Times
Bonds in Mexican state oil company Pemex jump on debt sale plan
Move part of ‘series of measures’ to support group in managing and improving its balance sheet
Wall Street Journal
Oil Rises, Boosted by Hopes for More Trade Agreements
Oil rose in the early Asian session, boosted by hopes for more trade agreements. President Trump announced a “massive” trade deal with Japan on Truth Social late Tuesday on Truth Social.
Wall Street Journal
Oil Futures Extend Losses With Tariff Deadline in View
Oil futures fell for a third consecutive session with the market turning its focus to the deadline for U.S. tariffs to go into effect and the next OPEC+ meeting to decide on production levels for ...
Reuters
Oil Rises on Japan Trade Deal and Stronger Demand Indicated by US Inventories
President Donald Trump said on Tuesday that the U.S. and Japan had struck a trade deal that includes a 15% tariff on U.S. imports from Japan. He also said Japan had agreed on $550 billion in ...
Reuters
Oil slips as little impact seen from EU sanctions on Russia
Oil prices fell on Monday, as the latest European sanctions on Russian oil are expected to have minimal impact on supplies, while U.S. tariffs stoked demand concerns. Brent crude futures dropped 26 ...
Wall Street Journal
Crude Futures Trade Lower in ‘Holding Pattern’
Oil futures were lower and showing little reaction to the EU’s Russia sanctions and the approach of the U.S. tariff deadline, while pondering the supply and demand situation after the high-demand ...
Reuters
Oil slips as little impact seen from EU sanctions on Russian crude
Oil prices fell on Monday as the latest European sanctions on Russian oil were expected to have minimal impact on supplies, but losses were curbed by investors weighing a potential drop in diesel ...
Reuters
Oil edges lower as trade war concerns increase worries about fuel demand
Oil prices edged down on Tuesday as concerns the brewing trade war between major crude consumers the U.S. and the European Union will curb fuel demand growth by lowering economic activity weighed on ...
Reuters
New EU Russia curbs may bolster Indian oil refiners' reliance on traders
By Nidhi Verma, Mohi Narayan and Trixie Yap NEW DELHI/SINGAPORE (Reuters) -Indian private refiners that have leveraged cheap Russian crude to boost margins will be forced to find workarounds and rely ...
Financial Times
BP and HSBC’s waiting game
Plus, private capital’s next big insurance play and Wise co-founders do battle
Financial Times
Albert Manifold, cement veteran hired to chair BP for pivot back to oil and gas
Muted market response to former CRH chief’s appointment belies reputation as ‘shrewd operator’ and ‘man on a mission’
Financial Times
Global oil and gas emissions standard put on pause after Shell walks away
Energy group experts quit after draft guidance on global warming plans ‘did not reflect the industry view’
Reuters
Oil falls as trade war concerns increase worries about fuel demand
Oil prices declined on Tuesday as concerns the brewing trade war between major crude consumers the U.S. and the European Union will curb fuel demand growth by lowering economic activity weighed on ...
Reuters
OPEC, IEA crude oil demand forecasts may be too cautious
A key difference in crude oil demand forecasts between this year and 2024 is that both OPEC and the International Energy Agency (IEA) are being far more cautious in their growth expectations.
Financial Times
The Magnificent 7 growth slowdown
Plus oil prices and secondary tariffs
Financial Times
The cement veteran hired to lead BP’s pivot back to oil and gas
Muted market response to former CRH chief’s appointment belies reputation as ‘shrewd operator’ and ‘man on a mission’
Financial Times
Can a cement veteran yank BP from its slump?
Muted market response to former CRH chief’s appointment belies reputation as ‘shrewd operator’ and ‘man on a mission’
Financial Times
‘Net zero’ emissions standard paused as Shell quits
Energy group experts left after draft guidance on global warming plans ‘did not reflect the industry view’
Reuters
High imports, soft summer demand weigh on US gasoline
U.S. gasoline prices could fall below $3 a gallon this summer for the first time in over four years as a stretch of bad weather events dampens fuel demand and a jump in imports fills inventories.
Wall Street Journal
Oil Prices Fall on Tariff Uncertainty, Supply-Demand Worries
Crude oil fell as the implementation of U.S. tariffs approached and as concerns regarding demand weighed on the market.
Reuters
China's CNOOC starts producing heavy crude at Bohai's Kenli oilfield
China's CNOOC Ltd. said on Tuesday it has started production at the Kenli 10-2 oilfield in the Bohai Sea offshore northern China that holds an estimated 100 million metric tons, or about 730 million ...
Financial Times
The art of no deal: M&A in the age of the Unitary Executive
The shock and frustration illuminate the premise of the story: M&A volume is way down under Trump because everything about getting deals done has become political. This is a result that his supporters ...
Wall Street Journal
Oil Edges Higher, Aided by EU’s Agreement to Impose Sanctions on Russia
Oil edged higher in the early Asian session, aided by the EU’s agreement to impose sanctions on Russia.
Reuters
Oil prices little changed as investors eye impact of new sanctions on Russia
Oil prices barely budged on Monday as traders eyed the impact of new European sanctions on Russian oil supply, rising output from Middle East producers and concerns about fuel outlook as tariffs ...
Financial Times
EQT boss urges US Congress to cut permit times for natural gas projects
Toby Rice says labyrinthine approval processes are holding back Trump’s ambitions for energy dominance
Financial Times
BP appoints Albert Manifold as new chair
Move paves way for Helge Lund to depart after six troubled years steering the UK oil major
Financial Times
BP appoints former CRH chief Albert Manifold as new chair
Move paves way for Helge Lund to depart after six troubled years steering the UK oil major
Reuters
Oil prices hold steady on expected minimal sanctions impact
Oil prices were little changed on Monday, held in check by expectations that the latest European sanctions will have minimal impact on Russian oil supplies.
Wall Street Journal
Oil Prices Likely to Stay Range-Bound Unless Concrete Drivers Appear
Oil was little changed as traders weighed the the latest EU sanctions on Russia and monitored trade-talk developments and Phillip Nova said it would likely stay rangebound until concrete drivers ...
Reuters
Oil prices edge down on expected minimal sanctions impact
Oil prices dipped slightly on Monday, with the latest European sanctions on Russian oil expected to have minimal impact on supplies while U.S. tariffs ensure demand concerns remain.
Reuters
Oil prices inch down on expected minimal sanctions impact
Oil prices dipped slightly on Monday, with the latest European sanctions on Russian oil expected to have minimal impact on supplies while U.S. tariffs ensure demand concerns remain.
Reuters
Saudi Arabia crude exports hit three-month high in May
Saudi Arabia's crude oil exports in May rose to their highest in three months, data from the Joint Organizations Data Initiative (JODI) showed on Monday.
Financial Times
China will win AI race unless US cuts red tape, shale boss warns
Onerous permitting rules are holding back Trump’s ambitions for energy dominance, Toby Rice says
Reuters
Zambia plans 60,000 barrels per day oil refinery in copperbelt
Zambia's government has signed an agreement that paves the way for the development of a $1.1 billion crude oil refinery and energy complex in Ndola in the country's copperbelt, it said on Monday. The ...
Newsweek
Map Shows Which States Could See Energy Bills Rise From GOP Budget Bill
Experts believe energy annual costs could rise by hundreds of dollars over the next decade, thanks to the "Big Beautiful Bill." ...
Financial Times
World’s largest copper producer says Trump’s tariffs are causing ‘anxiety’
Codelco’s chair says he does not understand what the US wants to achieve with levies on the metal
Financial Times
BP offloads US onshore wind business as it pivots back to oil
Sale to LS Power is part of plan to generate $20bn from divestments
Financial Times
Shares in non-Chinese graphite producers rally after US unveils 93.5% tariff
Commerce department’s move follows Beijing restricting transfers of battery technology
Financial Times
Exxon fails in bid to torpedo Chevron’s $53bn Hess deal
Arbitration panel dismisses ExxonMobil’s claim to contested assets in Guyana
Financial Times
Chevron seals $53bn Hess takeover after Exxon fails to torpedo deal
Arbitration panel dismisses ExxonMobil’s claim to contested assets in Guyana
Bloomberg
UK Joins EU Push to Hit Russia by Cutting Crude-Oil Price Cap
The UK joined the European Union’s efforts to diminish Russia’s revenues further by lowering the price cap on its crude oil, extending a broader push to pressure the Kremlin for continuing the war in ...