Energy & Commodities
Singaporeans flock to gold despite record-high prices ahead of Chinese New Year
Analysts attribute recent spikes in retail demand to wealth preservation seeking rather than festive buying
Cnooc to lift offshore wind power capacity by 40% this year
Beijing has pledged to double combined wind and solar capacity by 2035
US details new China limits for clean energy tax credits
The restrictions follow an executive order in July signalling stricter limits for the tax credits
Gold and silver rise from near one-week lows on bargain-hunting
Investors now await inflation data due later in the day for more cues on the Fed’s monetary policy path
Malaysia’s solar leader to ramp up output as battery prices drop
Solarvest currently has around 1.2 GW of capacity in the South-east Asian country
Oil prices fall on supply forecast, easing risk
[HOUSTON] Oil prices dropped on Thursday due to falling demand, retreating fears of renewed Middle East conflict and expected increases in supply.
Indonesia reviews decision to take over Martabe gold mine
Authorities have said the assets will be transferred to the sovereign wealth fund Danantara Indonesia
China has bought some Venezuelan oil from the US, Chris Wright says
In Asia, several Indian refiners have bought Venezuela’s flagship Merey crude following the US action
Gold, silver dip as dollar rises after strong US jobs data
Investors now await the weekly jobless claims report on Thursday
Oil up 1% as Middle East tension offsets large US crude stocks build
[NEW YORK] Oil prices gained about 1 per cent on Wednesday, as investors worried about escalating tensions between Iran and the US, which were preparing to resume negotiations, while a weekly report s...
