Hormuz Strait disruption pushes global coal demand to a record high in 2026
Global coal demand is set to hit a record 8.94 billion tonnes in 2026, the International Energy Agency forecasts, as…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Venezuela and opposition near deal to move $4 billion in gold from London to New York
Venezuela's government and opposition are near an agreement to move 31 metric tons of central bank gold, worth about $4…
Qatar’s energy minister rejects Bessent’s Strait of Hormuz ‘worthless’ prediction
Qatar's Energy Minister Saad al-Kaabi has rejected US Treasury Secretary Scott Bessent's claim that the Strait of Hormuz will become…
Exxon nears preliminary deal to return to Venezuela’s oil fields
ExxonMobil is nearing a preliminary agreement with Venezuela's state-owned PDVSA that could mark its return to the country after nearly…
Chevron CEO Warns Oil Market’s Safety Buffers Are Exhausted
Chevron CEO Mike Wirth told an energy conference at the University of Texas at Austin that the mechanisms that cushioned…
