Speculative net long positions in LME copper surged by 12,668 lots to 60,771 lots in the week ending July 24. Speculative net long positions in LME copper jumped by 12,668 lots to 60,771 lots in the week ending July 24, driven by tight supply and low inventories. Both long
Saudi Aramco shuts 400,000-bpd refinery due to damage Saudi Aramco has shut down its 400,000-barrel-per-day Jazan refinery. The refinery was damaged in a Houthi attack on July 27. Repairs are expected to be completed by August 15, following damage to the In
The European Union could save a lot on LNG imports by 2030 if it achieves its heat pump, solar, and wind installation targets…so much so that the bloc could save twice the gas it imports from Qatar, the Institute for Energy Economics and Financial Analysis (IEEFA) said on...
ING strategists Warren Patterson and Ewa Manthey highlight that Copper has extended its July gains as easing Middle East tensions lift sentiment. They point to tight physical conditions, low inventories and firm Chinese import demand as key supports They remain cons
Scientists predict a severe El Niño event will disrupt global crop cycles and worsen supply constraints already strained by geopolitical tensions. Commodity markets face heightened pressure as a "Super El Niño" climate pattern emerges, threatening extreme weather disruptio
Hybrid electric vehicles accounted for 16% of US light-duty vehicle sales in 2Q26, up from 14% a year earlier, while battery electric sales dipped. US hybrid electric vehicle sales reached a record 16% of light-duty vehicle sales in the second quarter of 2026, up from 14%
The deal marks one of Europe’s largest energy distribution takeovers, exceeding KKR’s initial $1 billion offer from June. A consortium led by KKR and Energy Capital Partners will acquire Irish energy distributor DCC Energy in a $7.7 billion transaction. The final valuation
Benchmark Dutch gas futures fell sharply after Washington paused strikes and Tehran signaled no further retaliation in the Middle East. European natural gas prices tumbled 8.6% at Monday’s open in Amsterdam, retreating from multi-month highs reached last week. The decline
Tokyo aims to secure foreign-currency financing for its pledged $33 billion U.S. natural gas investment under a 2023 trade deal. Japan is exploring partnerships with foreign banks to finance its $33 billion investment in U.S. natural gas production, part of a trade agreeme
CFTC warns firms against broad contract certifications The Commodity Futures Trading Commission has advised prediction markets firms to provide more specific information when submitting event contracts. The regulator warned that broad, template-style certifications sh
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