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US Dollar: Wait-and-see mood before payrolls – ING
ING’s FX Strategist Francesco Pesole notes improved Gulf-related risk sentiment has weighed slightly...
Gold: Breakout extends as yields ease – OCBC
OCBC’s Christopher Wong and Sim Moh Siong highlight a sharp rebound in Gold as easing Middle East te...
Russia Extends Diesel and Gasoline Export Bans Into 2027
Russia has extended restrictions on gasoline and diesel exports through January 31, 2027, just five days after saying the diesel ban would disappear once its domestic fuel market recovered. Recovery, ...
Iraq Leader’s Successful Visit to Washington Shows New Path Forward with U.S.
Iraq’s new prime minister, Ali Al-Zaidi, was first regarded as a political newcomer with no prior experience in government or political office, but he understood enough about Iraq’s interests to insis ...
Coal Falls Below 50% Of China's Power Mix For First Time Ever
The share of coal in China’s electricity output fell in the first half of 2026 to below 50% for the first time on record, in a landmark achievement of the Chinese policy to boost non-fossil power sour ...
Iran's Strike on Jordan Signals a More Aggressive Military Strategy
Iran fired ballistic missiles at American bases in Jordan late on July 28, in what appeared to be the first time Tehran initiated an attack on US targets since the war began in late February. The Isla ...
Oil Price Shock Fuels 35% Surge in Global EV Sales
Following a subdued start to the year, sales of electric vehicles (EVs) jumped in the second quarter after the Middle East crisis slashed crude supply and hiked oil and fuel prices, the International ...
Shell Maintains Bumper Buyback as Profit Surges
Shell has said it will continue its bumper share buyback programme after revealing the Iran war’s effect on oil prices and trading volumes helped it book a near-record profit. The Anglo-Dutch giant’s ...
Goldman Sachs: Diesel Crunch Is Now the Biggest Threat in Oil Markets
The biggest oil supply squeeze is currently in diesel markets amid the lowest global refining activity for this time of year since the 2020 pandemic, Goldman Sachs says. War-induced refinery outages i ...
Iran Says Two Oil Tankers Ditched Attempt to Transit Hormuz
Two oil tankers that had attempted to transit the Strait of Hormuz with U.S. support via the southern lane close to Oman have turned back after one of them caught fire, Iran’s Islamic Revolutionary Gu ...
China’s Coal Prices Surge as Scorching Heat Drives Power Demand
Coal demand and prices in China have jumped in recent days as scorching heat waves across most of the country boost electricity demand. The benchmark spot coal prices at the port of Qinhuangdao have e ...
Shell Reports $9.8 Billion in Adjusted Earnings as Energy Prices Surge
Shell (SHEL:NYSE) more than doubled its second-quarter earnings from a year earlier, as higher oil and gas prices, record refinery utilization, and strong trading boosted profits to above analyst expe ...
Qatar Sends First LNG Cargo Through Hormuz Since Tanker Attack
QatarEnergy has successfully sent an LNG cargo via the Strait of Hormuz, three weeks after one of its LNG carriers was struck in the waterway, Bloomberg has reported, noting that the vessel had idled ...
Japan Buys Rare Canadian Oil Cargo
Japan’s biggest refiner, Eneos, has bought a rare cargo of Canadian crude as the country seeks to diversify away from Middle Eastern crude. This is the first Canadian oil shipment bought by a Japanese ...