Africa’s most indebted country to the IMF unlocks an extra $1.8 billion from the global lender
Per the IMF’s data, Egypt currently owes the bank approximately $6.7 billion
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Oil falls more than US$1 on greater flows despite US-Iran war
warOil prices fell on Friday but kept on track for a monthly
Goldman Sachs: Diesel Crunch Is Now the Biggest Threat in Oil Markets
The biggest oil supply squeeze is currently in diesel markets amid the
Caspian Oil Pipeline Shuts Down Again After Black Sea Drone Attack
The Caspian Pipeline Consortium has shut down again, following Ukrainian drone attacks
ADNOC Buys Five Supertankers as Hormuz Crisis Tightens Shipping
Amid tightened vessel supply due to the Middle East crisis, Abu Dhabi’s
China’s Coal Prices Surge as Scorching Heat Drives Power Demand
Coal demand and prices in China have jumped in recent days as
Taiwan Halts $800 Million in Spot LNG Buys From Papua New Guinea
Taiwan has suspended approximately 500,000 metric tons of liquefied natural gas purchases
Glencore Sees $3.3 Billion Trading Profit as Iran War Rattles Oil Markets
Commodity producing and trading giant Glencore expects to post a profit of
Shell Reports $9.8 Billion in Adjusted Earnings as Energy Prices Surge
Shell (SHEL:NYSE) more than doubled its second-quarter earnings from a year earlier,
China’s $4 billion bid for African gold assets collapses, but Zijin keeps a $295 million foothold
China’s Zijin Gold has abandoned its C$5.5 billion takeover of Allied Gold