Energy & Commodities
China succeeds in adding renminbi pricing to BHP iron ore contracts
For global miners, it means securing access to their biggest customer entails conceding ground on how prices are set
PetroChina posts record Q1 profit on higher oil prices
Net income is up at 48.33 billion from 46.8 billion yuan in the year-ago period
Wilmar posts 22.8% fall in Q1 net profit to US$265.6 million amid volatile commodity prices
Operating conditions for year depend on developments in global trade policies, says company
Singapore’s gold demand jumps record 42% in Q1 amid geopolitical risks, volatile prices
Inflows into Asia-listed gold ETFs outpace those in other regions, and offset outflows in West
Oil rises on reports US will extend Iran blockade, prolonging Middle East supply disruptions
Global energy prices could rise 24 per cent in 2026 to their highest level since Russia’s invasion of Ukraine
US warns of sanctions risks for Chinese refiners of Iranian oil
The move risks adding yet another irritant for China ahead of an expected summit between US President Donald Trump and China’s Xi Jinping next month
Gold steady as markets await Powell’s comments on Iran war impact
Investors expect the Fed to hold interest rates steady at the end of its two-day meeting, ending later in the day
What is Opec+ and how does it affect oil prices?
The UAE is the fourth producer to leave the group in recent years, and by far the biggest
UAE exit blindsides Opec and threatens to shake its grip on oil
The departure of one of the group’s most influential members will still raise wider questions
China’s used cooking oil ships to US as war drives biofuel boom
Fuel makers now are scrambling to acquire feedstocks to churn out renewable diesel
