Energy & Commodities

BP reports profits in line with expectations, suspends buybacks

It wrote down around US$4 billion in its renewables and biogas businesses

Retail buying of bullion overwhelmed UOB, leading it to announce new operating measures to manage customer queues.
BT EXPLAINS

UOB’s gold bars, coins are selling fast. How else can small investors buy gold?

The bank’s gold sales jumped 60% in 2025, while majority of gold bars, all gold coins sold out now

Chinese thermal coal prices have yet to reflect Indonesia’s plans, partly due to a lull in trading before the Chinese New Year.

China could lift coal output this year due to Indonesian curbs

The South-east Asian nation is the world’s biggest exporter of power station coal

Non-yielding bullion tends to do well in low-interest-rate environments.

Gold, silver retreat as dollar ticks up

Investors expect at least two 25-basis-point rate cuts in 2026

Brent crude oil futures settled up 99 cents, or 1.5 per cent, at US$69.04 a barrel on Monday.

Oil settles up more than 1% after US urges caution for vessels near Iran

[NEW YORK] Oil prices settled more than 1 per cent higher on Monday after the US Department of Transportation issued an advisory to US-flagged vessels to stay as far as possible from Iranian territory...

Rare earths are a group of 17 elements including 15 silvery-white metals used to make magnets – which in turn power motion for electric vehicles, cell phones and missile systems.

Indonesia identifies eight blocks with large rare earth reserve potential

They were identified in places such as Kalimantan, Sulawesi and Bangka Belitung islands

Crowds queue to buy gold outside UOB's main branch. The bank’s latest moves follow weeks of heightened interest in precious metals.

Gold rush at UOB: bank extends hours and starts appointment-only service

The lender is also extending hours at its main branch gold counters for physical gold purchases or Gold Savings Account physical conversions 

The Australian government has already imposed tariffs on some other steel products from China, including hot-rolled coil steel, according to the Industry Department.

Australia places tariff on Chinese steel frames, citing dumping

The move risks escalating trade tensions with China

Brent crude futures fell 49 cents, or 0.72 per cent, to US$67.56 a barrel by 0134 GMT on Monday.

Oil drops as US, Iran pledge to continue talks

[SINGAPORE] Oil prices fell on Monday after the US and Iran pledged to continue talks over the Middle Eastern producer’s nuclear programme, easing concerns about a possible conflict that could disrupt...