Traders are removing part of the escalation premium Oil prices plunged Monday as Washington and Tehran signaled room for negotiations, unwinding some of the premium investors had paid for protection against another military escalation. Brent and West Texas Intermediate fell
Diesel scarcity is reshaping the earnings mix ExxonMobil and Chevron are collecting much larger profits even as their oil-and-gas production slips. Their latest results show how valuable reliable refining capacity has become when overseas facilities cannot supply enough fuel. ExxonMobil
Copper delivers cash alongside an accounting boost Record copper prices are giving Teck Resources (TSX: TECK.B; NYSE: TECK) a financial cushion just as disruptions make dependable production more valuable. Third-quarter profit rose to C$1.59 billion from C$281 million a year
China’s production ceiling is moving the expansion elsewhere China put a ceiling on domestic aluminium capacity. Its producers are finding room to grow beyond its borders. At least 15 million metric tons of annual primary aluminium capacity has been planned
Cheaper oil gives gold a little breathing room Gold found some relief Monday from an unlikely direction: easing inflation fears. Spot gold rose 0.3% to $4,007.57 an ounce by 9:23 a.m. Eastern, recovering from Friday’s $3,975 low, its weakest level
Oil is flowing through an increasingly dangerous neighborhood Brent crude reached $116.13 a barrel Friday, up 2.6%, while U.S. West Texas Intermediate climbed about 3% to $102.56. Expectations of renewed U.S. military action against Iran added to concerns over Houthi
Two Ways to Play the Same Energy Shock Brent crude climbed above $112 a barrel intraday Thursday, giving the energy trade another push. There could be two names worth examining before treating every energy company as another way to bet
The Construction Outside the Fence The AI boom has a much larger construction site than the one investors see in data-center photos. Beyond the server halls sit the transmission lines, substations and power plants needed to keep them running. Those
An Emergency Reserve Meets an Expensive Winter Diesel at roughly $6.32 a gallon has Washington reaching for fuel set aside to keep Northeastern homes warm. The administration’s latest intervention could ease local shortages, but it also shows how few quick
Europe is spending billions on weapons. But where will the materials come from? Germany is preparing one of the largest military spending increases in its modern history. Under the government’s 2027 draft budget, core defense spending would jump from €82.2
Traders are removing part of the escalation premium Oil prices plunged Monday as Washington and
Diesel scarcity is reshaping the earnings mix ExxonMobil and Chevron are collecting much larger profits
Copper delivers cash alongside an accounting boost Record copper prices are giving Teck Resources (TSX:
China’s production ceiling is moving the expansion elsewhere China put a ceiling on domestic aluminium
Cheaper oil gives gold a little breathing room Gold found some relief Monday from an
Oil is flowing through an increasingly dangerous neighborhood Brent crude reached $116.13 a barrel Friday,
Two Ways to Play the Same Energy Shock Brent crude climbed above $112 a barrel
The Construction Outside the Fence The AI boom has a much larger construction site than
An Emergency Reserve Meets an Expensive Winter Diesel at roughly $6.32 a gallon has Washington
Europe is spending billions on weapons. But where will the materials come from? Germany is
