Singapore marine fuel sales rise in June after 2-month decline, likely due to lower prices

US gold futures for August delivery gained 0.5% to US$4,026.20.

Gold bounces from two-week low as markets await US inflation data

Brent crude surged 9.6% on Jul 13, its biggest daily gain since May 2020.

Oil hits one-month high as US and Iran step up attacks in Strait of Hormuz

The UK Trades Union Congress has called for a hike in a tax on bank profits to allow a cut in energy bills for most households.

UK’s employers, energy sector urge new PM to slash power taxes

For 2027, OPEC expects oil demand to rise by 1.94 million bpd, up 210,000 bpd from the previous forecast.

Opec further lowers 2026 global oil demand growth forecast

The restructuring of CNAF would strengthen China’s aviation fuel supply security and support the sector’s green and low-carbon transition.

Sinopec deepens aviation fuel push with CNAF restructuring

Six vessels transited Hormuz on Jul 12, ship-tracking data from Kpler showed, the lowest number in five weeks.

Oil jumps 4% as US and Iran step up tit-for-tat strikes

Chinese companies have spent over US$100 billion in M&A deals in the mining sector in the last two decades.

China expands strategic mineral toolkit with new investment firm

Gold is down by more than a fifth since the Iran war started in late February, with a wave of profit-taking ending a three-year bull run.

Gold and silver drop as fresh US-Iran strikes heighten Fed rate-hike risks

In the Philippines, households and businesses have embraced green alternatives, and created a welcome boon for Beijing’s solar producers in the process.

China is supercharging a rooftop solar boom in the Philippines