Tag: “Commodity”

Iran reportedly says it can reopen Strait of Hormuz within 7 days if U.S. eases military pressure

Iran has suggested it could reopen the strategically vital Strait of Hormuz within seven days if the U.S. eases military pressure and lifts its blockade on Iranian ports, according to media reports.

Metlen: Επένδυση €25 εκατ. στην ΕΠ.ΑΛ.ΜΕ. για την ενίσχυση της παραγωγής ανακυκλωμένου αλουμινίου

Νέα στρατηγική βιομηχανική επένδυση ύψους περίπου 25 εκατ. ευρώ πραγματοποιεί η METLEN στην ΕΠ.ΑΛ.ΜΕ., ενισχύοντας περαιτέρω το “Integrated Aluminium Value Chain” του Κλάδου Μετάλλων και με στόχο την αναβάθμιση της αξιοποίησης ανακυκλωμένου αλουμινίου.

Oil prices fall for third day on Saudi Arabia supply hopes; U.S. crude briefly dips below $100

Oil prices fell on Friday as investors weighed fresh strikes between Saudi Arabia and Yemen’s Iran-backed Houthis against signs that additional Saudi crude could reach global markets and help ease supply concerns.

Oil falls as U.S. crude inventories reportedly rise, traders weigh Saudi pipeline closure

Oil retreated Wednesday after a report said U.S. energy inventories rose last week, with investors assessing the latest developments in Middle East conflict and associated supply risks.

UK inflation jumps to 3.1% as energy costs soar

The U.K.’s annual inflation rate jumped to 3.1% in August, pushed up by surging gasoline and diesel prices.

J.B. Hunt Stock Plunges. Diesel Prices Are High Enough to Hit Earnings.

Chief Financial Officer Frad Delco at J.B. Hunt Transport Services told investors at a Morgan Stanley conference that third-quarter earnings would be down from the second quarter.

European gas spikes 5%; JERA chief warns on depleted reserves

European and British wholesale natural gas prices surged nearly 5% on Monday, breaking through major psychological resistance levels to touch fresh 2022 high watermarks as intensifying Middle East transit disruptions and warnings over depleted storage reserves rattled energy bourses.

IEA warns global oil refining system ‘stretched to the limit’ as Iran, Ukraine wars tighten market

The Iran and Ukraine wars are adding pressure to an oil refining system “stretched to the limit,” the International Energy Agency warned Friday, as it once again cut its global supply and demand forecasts amid the ongoing energy shock.

OPEC further lowers 2026 global oil demand growth forecast

OPEC on ‌Thursday lowered its forecast for world oil demand ​growth in 2026 ​to 380,000 barrels per day, ⁠a copy of ​its monthly report showed, marking ​the fifth straight downward revision.

Μυτιληναίος στο Bloomberg: Κρίσιμη η κατάσταση στην αγορά LNG – Το πλεονέκτημα στο γάλλιο και το μήνυμα προς την ΕΕ

Όπως ανέφερε ο Εκτελεστικός Πρόεδρος της METLEN, Ευάγγελος Μυτιληναίος, στο Bloomberg TV, η κατάσταση στην αγορά LNG γίνεται ολοένα και πιο κρίσιμη, θυμίζοντας την περίοδο των τελών του 2022 και των αρχών του 2023, ενώ οι τιμές ηλεκτρικής ενέργειας στην Ευρώπη έχουν ήδη εκτοξευθεί.

Oil ticks higher after fresh U.S.-Iran attacks in Strait of Hormuz

Oil prices rose on Monday, extending sharp weekly gains, as U.S. and Iranian attacks on vessels in and around the Strait of Hormuz heightened fears of prolonged disruptions to crude supplies through the key waterway.

Oil prices slip with Venezuela supply reports, Hormuz deal in focus

Oil prices moved slightly lower on Friday as markets parsed reports that the U.S. was close to gaining access to Venezuela’s oil reserves, while focus was also on U.S.-Iran wrangling over the Strait of Hormuz.

Oil drops to more than two-week low on Iran-Oman talks to reopen Strait of Hormuz

Oil prices fell more than $2 a barrel to a more than two-week low on Wednesday as talks between Iran and Oman revived hopes that the Strait ‌of Hormuz could reopen and remove shipping constraints affecting supply in the key Middle East region.

Oil drops more than 3% on report U.S. plans to return evacuated diplomats to Middle East

Oil prices fell more than 3% on Tuesday, after the New York Times reported the State Department plans to return evacuated diplomats to the Middle East, in a sign the U.S. does not expect a return to full-scale war.

Επιδότηση καυσίμων: Παράταση από την κυβέρνηση, το σκέφτονται τα διυλιστήρια

Παράταση της επιδότησης στο ντίζελ για τον Σεπτέμβριο αποφάσισε η κυβέρνηση σύμφωνα με πληροφορίες.

Gold climbs to $4,650 as U.S. fiscal concerns keep bullion near 3-month high

Gold prices extended gains on Monday, hovering around $4,650 an ounce and moving further into three-month-high territory as concerns over U.S. fiscal risks and Treasury efforts to contain longer-term borrowing costs continued to support demand for bullion.

Oil prices rise 3% as Trump sharpens Iran rhetoric amid talks impasse

Oil moved higher Thursday after U.S. President Donald Trump vowed “economic warfare” on Iran and financial penalties for its supporters, as the United Arab Emirates said it was suspending trade with Tehran.

Gold hovers below $4,400 as oil, Treasury yields pressure bullion

Gold prices fell on Tuesday as higher U.S. Treasury yields and rising oil prices weighed on bullion, while traders awaited minutes from the Federal Reserve’s July meeting for fresh clues on the interest-rate outlook.

Oil prices jump after US-Iran ceasefire expires and Trump threatens Oman

Oil prices have risen again after the two-month window to negotiate a peace deal in the US-Israel war on Iran expired on Monday with no end to the conflict in sight.

OPEC further lowers 2026 global oil demand growth forecast

OPEC ‌on Wednesday lowered its forecast for world oil ​demand growth in ​2026 to 580,000 barrels per ⁠day, a copy ​of its monthly report showed, ​marking the fourth straight downward revision.