Tag: “Commodity”

Oil prices climbed on Tuesday after the U.S. reportedly struck Iran’s Qeshm Island late Monday, one day before the midterm elections.

Oil prices fell sharply early on Monday amid reports that both the U.S. and Iran are seeking diplomatic options to bring an end to the Middle East conflict.

Η METLEN και η Shell Global LNG Limited υπέγραψαν δεσμευτική μακροπρόθεσμη συμφωνία προμήθειας υγροποιημένου φυσικού αερίου (LNG), σε συνέχεια του Μνημονίου Συνεργασίας (MoU) που υπεγράφη τον Φεβρουάριο του 2026.

Iran said four tankers struck mines in the Strait of Hormuz and Yemen’s Houthis claimed missile strikes on Saudi Arabia, escalating pressure on two fronts as the U.S. reportedly weighs renewed military action against Tehran after Tuesday’s midterm elections.

Oil prices fell on Monday as diplomatic efforts to ease the U.S.-Israeli war with Iran tempered fears of further supply disruptions, although Houthi attacks on Saudi Arabia kept geopolitical risks elevated.

Oil prices jumped by more than $2 on Wednesday after Iran said there was little reason to expect ‌diplomatic progress with the US, leaving the Brent benchmark hovering near five-month ‌highs, with further market support from falling US crude and product inventories.

Crude oil prices rose Monday after a deadly attack on Saudi Arabia’s airport in Riyadh, while Ukraine said Russia continued to attack its energy facilities. Brent crude futures, the international benchmark, were up 2% to $106.81 a barrel by 8:45 a.m.

Oil prices fell on Friday as Middle East supply concerns eased after President Donald Trump said the US would not attack Iran before ​midterm elections next month, amid productive talks to end their war that has disrupted ‌global energy markets.

President Donald Trump has allowed the use of cheaper red-dyed diesel, typically reserved for farm operations, to be used more broadly in an attempt to bring down record-high fuel costs.

Ukraine’s state oil and gas company Naftogaz is considering buying five gas-turbine compressor units ​from Germany’s Siemens Energy, its energy ministry said ‌on Monday, after the companies signed an agreement to expand cooperation on energy.

China’s antitrust regulator has asked Anglo American to commit ​to supply the country with a steady flow of copper concentrate as a condition for approving its proposed $54 billion ‌merger with Canada’s Teck Resources, three people aware of the development said.

European steel exports have fallen by a fifth with production at historic lows as the industry contends with soaring energy costs, US tariffs and the knock-on impacts of vast oversupply from China.

Oil prices rose on Thursday, reversing earlier losses, following a report that Chinese refiners have suspended October fuel exports, further squeezing war-constrained energy markets.

Oil prices jumped on Monday after U.S. President Donald Trump rejected an Iranian peace proposal aimed at ending the Middle East conflict and reopening the strategically vital Strait of Hormuz. International benchmark Brent crude futures with November expiry traded 4% higher at $108.48 per barrel.

Gold prices fell more than 3% on Monday, extending losses after a sharp weekly decline, as elevated oil prices, rising Treasury yields and expectations for further Federal Reserve rate hikes kept pressure on bullion.

Iran’s military on Wednesday described U.S. President Donald Trump’s threats to annihilate Tehran as “a sign of strategic desperation,” warning the country stands ready to inflict strikes “more crushing” than earlier in the nearly seven-month conflict.

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.

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 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 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.