Energy & Commodities
South Korea approves first petrochemical restructuring deal as supply glut weighs
The country is one of the world’s largest importers of naphtha
Gold rises as US tariff uncertainty lifts safe-haven demand
Markets currently expect three 25-basis-point rate cuts this year, according to CME’s FedWatch Tool
US sets initial duties on Indian solar imports at 126%
While the levies are set to benefit domestic manufacturers, they also will pinch American renewable developers
Firmer palm oil prices lift SGX agri stocks ahead of H2 results, but Indonesia risks cloud outlook
Market watchers expect the strong streak from earlier in FY2025 to continue, but individual companies face potential downside risks
Oil prices ease as Iran says prepared to take steps to reach deal with US
[NEW YORK] Oil prices closed down 1 per cent on Tuesday after Iran said it was prepared to take any necessary steps to clinch a deal with the US ahead of nuclear talks later this week.
Gold falls from three-week high as dollar firms
[BENGALURU] Gold prices fell from a more than three-week high on Tuesday (Feb 24), as pressure from a stronger US dollar outweighed support from US tariff uncertainty and Washington-Tehran tensions.
Malampaya’s new gas find may steady Philippines’ power supply, but cheaper bills remain elusive
Electricity tariffs in the country consistently rank among the region’s steepest
Oil fluctuates with US-Iran nuclear talks to resume this week
A potential war would put shipments at risk in the Strait of Hormuz
Oil companies get US Supreme Court hearing on climate suits
Boulder says the companies should cover some of the costs state and local governments are incurring to cope with the problem
Gold rises as dollar falls on US Supreme Court tariff verdict
Markets currently expect three 25-basis-point rate cuts from the Federal Reserve this year, according to CME’s FedWatch Tool
