Sugar market to register small deficit in 2026/27, says broker Czarnikow

US West Texas Intermediate crude climbed US$3.70, or 5.25%, to US$74.14 a barrel. 

Oil jumps over 5% after Trump says deal with Iran 'over'

Efforts to rein in climate change and surging electricity demand are among the trends driving the nuclear industry.

Nuclear power to climb 44% worldwide as China tops US: report

This may encourage state refiners to raise output to capitalise on strong export margins, supporting a rebound in oil shipments to China.

China lifts fuel export curbs for July, sources say

As at 9.46 am Tokyo time, Japan’s Topix fell 0.4%, the Hang Seng futures rose 0.1% and Australia’s S&P/ASX 200 fell 1.2%.

Asian stocks steady as oil rises after US strikes Iran

Elevated borrowing costs are typically a headwind for gold, which does not pay interest.

Gold holds drop as US strikes in Iran cloud rate hike outlook

This year, farmers are facing the prospect of a strong El Nino, which is expected to bring heat and dryness to much of South-east Asia, posing a fresh threat to coffee supplies.

Coffee trader seeks to shield more Vietnam growers from weather

The offering amounts to 2.5% of SK Hynix’s market value, which has more than tripled this year to more than US$1 trillion, despite sharp swings in chip stocks globally.

SK Hynix US listing said to be multiple times oversubscribed

ExxonMobil will report second-quarter results on Jul 31.

ExxonMobil signals Q2 profit windfall as higher oil prices boost bottom line