Energy & Commodities
Singapore GasCo has bought enough LNG to last for rest of year
The city state relies on natural gas to generate nearly all of its electricity
Chinese tankers exit Strait of Hormuz with 4 million barrels of crude oil
The ships are among a handful of supertankers carrying Iraqi crude
Gold rises as interest rate fears ease on US-Iran deal optimism
The US Federal Reserve will avoid cutting rates this year
Oil prices settle down after Vance cites progress in Iran talks
US crude stocks are expected to have fallen by about 3.4 million barrels in the week to May 15
China asks pork producers to spur consumption, curb financial risks
[BEIJING] China’s agriculture ministry urged the pork industry to rein in overcapacity, stimulate consumption and keep a close watch on the financial risks of large pork companies.
Oil falls over 2% as Trump says he holds off scheduled attack on Iran
US extends sanctions waiver on Russian seaborne oil
Gold extends gain as hopes for Iran truce ease inflation fears
The precious metal rises as much as 0.4% to trade around US$4,585 an ounce
Oil touches 2-week high after drone attack on UAE nuclear power plant
The drone attacks and rhetoric from the US and Iran raised concerns of an escalation in the conflict
Goldman says central banks to step up gold-buying, aiding prices
The precious metal has struggled since the outbreak of the war in the Middle East
Australia orders Chinese investors to sell stakes in rare earths firm over national security
Five of them are registered in China or Hong Kong and one in the British Virgin Islands