Private equity firms deepen fossil fuel bets despite climate pledges
A new analysis finds that private equity firms managing $7.3 trillion in assets back fossil fuel portfolios that emit about…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Tankers struck near Hormuz as Houthis hit Aramco and Yemen opens counteroffensive
At least two tankers were struck over the weekend near Oman and the Strait of Hormuz, Saudi Arabia's Aramco reportedly…
Chevron Expands Middle East Bets as Geopolitical Conflict Keeps Oil Prices High
Chevron is deepening its investments in the Middle East even as a geopolitical conflict there keeps oil and natural gas…
OPEC+ set to hold November oil quotas steady as Middle East conflict curbs output
Major OPEC+ producers plan to leave November production quotas unchanged as the Middle East conflict keeps output curtailed across several…
Iraq’s state tanker firm moves crude through Hormuz strait for first time in decades
Iraq's state-owned Oil Tanker Company has moved 2 million barrels of Iraqi crude oil through the Strait of Hormuz on…
