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Gold prices could face further pressure in the coming days as rising US Treasury yields and expectations of additional Federal Reserve rate hikes sap demand for the non-yielding metal. Spot gold...
The attacks this month on oil tankers along Middle East shipping routes sent crude prices soaring yet again and amplified the economic risks associated with the protracted conflicts in Iran and...
Liquefied natural gas (LNG) buyers are looking to diversify sourcing as the US-Israeli war against Iran cuts Gulf shipments, with importers seeking alternatives for the fuel from other suppliers...
HighPeak Energy is exploring a sale after receiving acquisition interest, as the US oil and gas exploration and production company focused on the Permian Basin weighs its options, three people...
If a 20% global truck fleet share can be secured at current or near current platinum loading, there is a six-million-ounce platinum opportunity from a demand perspective, according to Valterra...
China and India's LNG imports are likely to rebound from multi-year lows once the Middle East supply crunch ends and prices ease, industry executives expect, reversing a pick-up in coal and oil use...
Chevron is looking to expand its global gas portfolio from Argentina to the Mediterranean to meet growing demand from buyers concerned about energy security due to the crisis in the Middle East,...
LONDON – Global oil supply and demand will fall further than previously thought this year, the International Energy Agency said on Friday, as a lack of progress in ending the Iran war delays the...
Although the role of satellites in ensuring sovereign ownership of data while boosting rural connectivity is gaining traction amid increasing information and connectivity security, governments must...
Benchmark Brent crude oil futures rose past $100 a barrel on Wednesday, breaching the symbolic barrier for the first time since July 24 as intensifying conflict in the Middle East fuelled growing...
Goldman Sachs raised its Brent and West Texas Intermediate (WTI) crude oil price forecasts by $5 a barrel for December 2026 and 2027, citing an expectation that shipping disruptions in the Middle...
The Minerals Council South Africa says mining input cost inflation moderated further in July, reflecting a temporary easing in fuel and crude oil prices. The council’s mining composite input (MCI)...
South Africa’s Industrial Development Corporation (IDC) plans to sell its stake in a Namibian uranium project because the mine’s backers include Iranian and Russian entities. The IDC owns about...
While Sasol continues to reduce its overall capital expenditure, the JSE-listed group is increasing its investment in its coal mining business to shore up the feedstock needed to raise output at...
South African petrochemical firm Sasol said on Tuesday its annual profit rose 9% from a year ago, buoyed by higher crude oil prices and increased fuel sales volumes. Sasol's headline earnings per...
Saffron is the world’s most expensive spice, priced at between $5 000 and $10 000 a kilogram. Iran is the world’s biggest producer, pushing out 85% to 90% of yearly global production, followed by...
Emirates Global Aluminium (EGA) said on Wednesday it had brought a quarter of its Al Taweelah smelter in Abu Dhabi back online as the company works to recover from damage caused by an Iranian...
US refineries have operated near maximum capacity for the longest sustained period in over a quarter century,scrambling to capture windfall profits created by the Iran war. But history offers a...
Six European Union countries want the 27-nation EU to discuss in September a mechanism to tax windfall profits of oil companies triggered by Iran's blockade of the Strait of Hormuz, a letter by...
Gold's 9% rebound in August to around $4 400 an ounce suggests bullion is starting to regain favour with institutional investors and central banks, leaving the market better placed to extend gains...
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