energy-commodities https://www.businesstimes.com.sg/ THE BUSINESS TIMES - Find latest business and financial news including analysis and opinion on top business stories, stock markets in Singapore, Asia-Pacific and global market news and more at The Business Times. en-US https://www.businesstimes.com.sg/favicon.ico energy-commodities https://www.businesstimes.com.sg/ 32 32 Sugar market to register small deficit in 2026/27, says broker Czarnikow https://www.businesstimes.com.sg/companies-markets/energy-commodities/sugar-market-register-small-deficit-202627-says-broker-czarnikow Wed, 08 Jul 2026 14:51:02 +0000 Energy & Commodities Companies & Markets International /companies-markets/energy-commodities/sugar-market-register-small-deficit-202627-says-broker-czarnikow [LONDON] The global sugar market will be in a modest deficit of 600,000 metric tons in the 2026/27 season, thanks largely to... Oil jumps over 5% after Trump says deal with Iran 'over' https://www.businesstimes.com.sg/international/oil-jumps-over-5-after-trump-says-deal-iran-over Wed, 08 Jul 2026 09:11:45 +0000 International Companies & Markets Energy & Commodities /international/oil-jumps-over-5-after-trump-says-deal-iran-over Brent crude futures gained US$3.82, or 5.15%, hitting US$77.98 a barrel at 0832 GMT Nuclear power to climb 44% worldwide as China tops US: report https://www.businesstimes.com.sg/companies-markets/energy-commodities/nuclear-power-climb-44-worldwide-china-tops-us-report Wed, 08 Jul 2026 08:12:01 +0000 Energy & Commodities Companies & Markets Global International /companies-markets/energy-commodities/nuclear-power-climb-44-worldwide-china-tops-us-report By 2036, the world may have up to 535 GW of installed nuclear power, up from 372 GW in 2025 China lifts fuel export curbs for July, sources say https://www.businesstimes.com.sg/companies-markets/energy-commodities/china-lifts-fuel-export-curbs-july-sources-say Wed, 08 Jul 2026 07:40:32 +0000 Energy & Commodities Companies & Markets International /companies-markets/energy-commodities/china-lifts-fuel-export-curbs-july-sources-say Transportation fuel prices are expected to ease as the world’s biggest refiner returns to normalcy Asian stocks steady as oil rises after US strikes Iran https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/asian-stocks-steady-oil-rises-after-us-strikes-iran Wed, 08 Jul 2026 03:02:44 +0000 Capital Markets & Currencies Companies & Markets Energy & Commodities /companies-markets/capital-markets-currencies/asian-stocks-steady-oil-rises-after-us-strikes-iran The MSCI Asia Pacific Index holds steady after losing nearly 1% at market open Gold holds drop as US strikes in Iran cloud rate hike outlook https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-holds-drop-us-strikes-iran-cloud-rate-hike-outlook Wed, 08 Jul 2026 01:36:21 +0000 Energy & Commodities Companies & Markets International /companies-markets/energy-commodities/gold-holds-drop-us-strikes-iran-cloud-rate-hike-outlook Bullion was near US$4,100 an ounce in early trading, after losing 1.4% in the previous session Coffee trader seeks to shield more Vietnam growers from weather https://www.businesstimes.com.sg/companies-markets/energy-commodities/coffee-trader-seeks-shield-more-vietnam-growers-weather Wed, 08 Jul 2026 01:32:46 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/coffee-trader-seeks-shield-more-vietnam-growers-weather The country is the world’s largest producer of robusta beans, used in instant coffee and espresso blends SK Hynix US listing said to be multiple times oversubscribed https://www.businesstimes.com.sg/companies-markets/energy-commodities/sk-hynix-us-listing-said-be-multiple-times-oversubscribed Tue, 07 Jul 2026 22:41:08 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/sk-hynix-us-listing-said-be-multiple-times-oversubscribed The ADR offering is expected to price early Thursday afternoon in New York ExxonMobil signals Q2 profit windfall as higher oil prices boost bottom line https://www.businesstimes.com.sg/companies-markets/energy-commodities/exxonmobil-signals-q2-profit-windfall-higher-oil-prices-boost-bottom-line Tue, 07 Jul 2026 22:11:50 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/exxonmobil-signals-q2-profit-windfall-higher-oil-prices-boost-bottom-line Analysts expect the company to report US$15.7 billion in adjusted earnings for Q2 Oil jumps after settlement as US revokes general license for Iran oil sales https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-jumps-after-settlement-us-revokes-general-license-iran-oil-sales Tue, 07 Jul 2026 22:05:29 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-jumps-after-settlement-us-revokes-general-license-iran-oil-sales Three tankers were hit in the Strait of Hormuz on Tuesday Gold falls as traders weigh Fed rate path and Hormuz attacks https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-falls-traders-weigh-fed-rate-path-and-hormuz-attacks Tue, 07 Jul 2026 14:13:41 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/gold-falls-traders-weigh-fed-rate-path-and-hormuz-attacks Bullion falls as much as 1.2% to below US$4,120 an ounce French firm Carester to build rare earths separation plant in Malaysia’s Perak https://www.businesstimes.com.sg/international/asean/french-firm-carester-build-rare-earths-separation-plant-malaysias-perak Tue, 07 Jul 2026 09:45:27 +0000 Asean Companies & Markets Energy & Commodities International /international/asean/french-firm-carester-build-rare-earths-separation-plant-malaysias-perak The projects would see technology transfers from the rare earths specialist to local miner Malaco Saudi oil price cut unlikely to convince sated Asia buyers, traders say https://www.businesstimes.com.sg/companies-markets/energy-commodities/saudi-oil-price-cut-unlikely-convince-sated-asia-buyers-traders-say Tue, 07 Jul 2026 06:05:03 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/saudi-oil-price-cut-unlikely-convince-sated-asia-buyers-traders-say Other Gulf producers are selling crude at wide discounts to try to boost demand Hong Kong begins trial operation of New gold clearing system https://www.businesstimes.com.sg/international/hong-kong-begins-trial-operation-new-gold-clearing-system Tue, 07 Jul 2026 02:34:49 +0000 International Companies & Markets Energy & Commodities /international/hong-kong-begins-trial-operation-new-gold-clearing-system Spot gold was trading near US$4,140 an ounce at 9.30 am Hong Kong time Gold slips for second day as Hormuz tensions fan inflation fears https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-slips-second-day-hormuz-tensions-fan-inflation-fears Tue, 07 Jul 2026 01:04:34 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/gold-slips-second-day-hormuz-tensions-fan-inflation-fears The metal is trading in a relatively narrow range Oil climbs as fresh tanker strike highlights risks around Hormuz https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-climbs-fresh-tanker-strike-highlights-risks-around-hormuz Mon, 06 Jul 2026 22:09:03 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-climbs-fresh-tanker-strike-highlights-risks-around-hormuz Global benchmark Brent has fully erased the war premium that had built up in recent months Gold falls after weekly gain as Fed rate-hike concerns recede https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-falls-after-weekly-gain-fed-rate-hike-concerns-recede Mon, 06 Jul 2026 14:28:16 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/gold-falls-after-weekly-gain-fed-rate-hike-concerns-recede Spot gold declines 0.9% to US$4,140.32 an ounce World absorbs historic Iran war oil supply loss, but depleted stocks bring risks https://www.businesstimes.com.sg/companies-markets/energy-commodities/world-absorbs-historic-iran-war-oil-supply-loss-depleted-stocks-bring-risks Mon, 06 Jul 2026 09:53:07 +0000 Energy & Commodities Companies & Markets International /companies-markets/energy-commodities/world-absorbs-historic-iran-war-oil-supply-loss-depleted-stocks-bring-risks Fears over petrol and jet fuel supplies prove overblown; record storage releases, eased Chinese buying help the market US beef exports to China to pick up as rivals exhaust quotas https://www.businesstimes.com.sg/companies-markets/energy-commodities/us-beef-exports-china-pick-rivals-exhaust-quotas Mon, 06 Jul 2026 03:58:50 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/us-beef-exports-china-pick-rivals-exhaust-quotas Brazil, Argentina and Australia were China’s top foreign suppliers in 2025 Singapore’s record-high electricity tariff drives retailers to roll out discounts, but price war unlikely https://www.businesstimes.com.sg/companies-markets/energy-commodities/singapores-record-high-electricity-tariff-drives-retailers-roll-out-discounts-price-war-unlikely Mon, 06 Jul 2026 02:30:00 +0000 Sharanya Pillai Energy & Commodities Companies & Markets ESG International Singapore /companies-markets/energy-commodities/singapores-record-high-electricity-tariff-drives-retailers-roll-out-discounts-price-war-unlikely Firms are expected to be prudent amid ongoing volatility, with lessons learnt from business failures in the 2021 crisis Gold trades near two-week high on cooling US rate-hike bets https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-trades-near-two-week-high-cooling-us-rate-hike-bets Mon, 06 Jul 2026 01:49:15 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/gold-trades-near-two-week-high-cooling-us-rate-hike-bets Traders now see about a 55% chance of a rate increase in September Oil drops as flows in Hormuz persist and Opec+ flags more supply https://www.businesstimes.com.sg/international/global/oil-drops-flows-hormuz-persist-and-opec-flags-more-supply Sun, 05 Jul 2026 22:36:11 +0000 Global Companies & Markets Energy & Commodities International /international/global/oil-drops-flows-hormuz-persist-and-opec-flags-more-supply Wall Street banks have forecast that prices have scope to slump further this half Opec+ ratifies planned oil quota hike as Gulf flows rebound https://www.businesstimes.com.sg/companies-markets/energy-commodities/opec-ratifies-planned-oil-quota-hike-gulf-flows-rebound Sun, 05 Jul 2026 08:50:06 +0000 Energy & Commodities Companies & Markets International /companies-markets/energy-commodities/opec-ratifies-planned-oil-quota-hike-gulf-flows-rebound The group agrees to add 188,000 barrels a day to August output target Oil’s supply wave, tumbling prices rekindle fears of global glut https://www.businesstimes.com.sg/companies-markets/energy-commodities/oils-supply-wave-tumbling-prices-rekindle-fears-global-glut Sun, 05 Jul 2026 02:44:40 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oils-supply-wave-tumbling-prices-rekindle-fears-global-glut To avoid a fight for market share, Opec may soon have to consider curbing supply to prop up prices Energy-hungry Asia is already drawing lessons from Iran crisis https://www.businesstimes.com.sg/companies-markets/energy-hungry-asia-already-drawing-lessons-iran-crisis Sat, 04 Jul 2026 07:10:00 +0000 Companies & Markets Energy & Commodities /companies-markets/energy-hungry-asia-already-drawing-lessons-iran-crisis Policymakers are recalibrating their energy priorities – and nowhere more so than Asia JPMorgan sees US$4,500 gold price in Q4, says risks to downside https://www.businesstimes.com.sg/companies-markets/jpmorgan-sees-us4500-gold-price-q4-says-risks-downside Sat, 04 Jul 2026 05:22:00 +0000 Companies & Markets Energy & Commodities /companies-markets/jpmorgan-sees-us4500-gold-price-q4-says-risks-downside [BENGALURU] JPMorgan said demand for gold from key sectors would not be as strong as it had expected, limiting the rise in... Oil prices little changed as US-Iran peace efforts hold https://www.businesstimes.com.sg/companies-markets/oil-prices-little-changed-us-iran-peace-efforts-hold Sat, 04 Jul 2026 00:35:15 +0000 Companies & Markets Energy & Commodities /companies-markets/oil-prices-little-changed-us-iran-peace-efforts-hold [CALGARY] Oil prices were little changed for the week as traders held on to hopes for a successful outcome from attempts to... Oil may slump to US$60 as Hormuz shock from US-Iran war fades: Citi https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-may-slump-us60-hormuz-shock-us-iran-war-fades-citi Fri, 03 Jul 2026 06:39:05 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-may-slump-us60-hormuz-shock-us-iran-war-fades-citi Among other banks, Goldman Sachs Group has said the global oil market is set to swing back into oversupply Resilient aluminium prices set to boost Asia’s smelters over global rivals: analysts https://www.businesstimes.com.sg/international/global/resilient-aluminium-prices-set-boost-asias-smelters-over-global-rivals-analysts Fri, 03 Jul 2026 04:00:00 +0000 Benicia Tan Global Companies & Markets Energy & Commodities International Singapore /international/global/resilient-aluminium-prices-set-boost-asias-smelters-over-global-rivals-analysts Cheaper power and easier access to raw materials can benefit low-cost producers in China, India, Indonesia Canada PM Carney taps state-owned firm to build oil pipeline for growing Asian demand https://www.businesstimes.com.sg/companies-markets/energy-commodities/canada-pm-carney-taps-state-owned-firm-build-oil-pipeline-growing-asian-demand Fri, 03 Jul 2026 03:33:12 +0000 Energy & Commodities Companies & Markets Global International /companies-markets/energy-commodities/canada-pm-carney-taps-state-owned-firm-build-oil-pipeline-growing-asian-demand Selling more oil to Asian markets such as India and China will allow Canada to get better prices per barrel Gold jumps 2.8% after soft US job numbers ease Fed rate hike fears https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-jumps-2-8-after-soft-us-job-numbers-ease-fed-rate-hike-fears Fri, 03 Jul 2026 00:50:32 +0000 Energy & Commodities Companies & Markets International /companies-markets/energy-commodities/gold-jumps-2-8-after-soft-us-job-numbers-ease-fed-rate-hike-fears Traders now see a nearly 51% chance of a rate hike by September, down from 66% previously, says CME FedWatch tool   Oil edges higher ahead of long US weekend as Washington-Teheran peace efforts hold https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-edges-higher-ahead-long-us-weekend-washington-teheran-peace-efforts-hold Thu, 02 Jul 2026 22:17:50 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-edges-higher-ahead-long-us-weekend-washington-teheran-peace-efforts-hold Saudi Aramco has switched to spot pricing to speed up sales in Asia, according to trade sources and shipping data Saudi Aramco ramps up exports, switches to spot sales https://www.businesstimes.com.sg/companies-markets/energy-commodities/saudi-aramco-ramps-exports-switches-spot-sales Thu, 02 Jul 2026 08:01:57 +0000 Energy & Commodities Companies & Markets International /companies-markets/energy-commodities/saudi-aramco-ramps-exports-switches-spot-sales It resumed loadings from Ras Tanura, the world’s largest oil port after a halt of nearly four months China’s private refiners snap up Middle East oil as prices slide https://www.businesstimes.com.sg/companies-markets/energy-commodities/chinas-private-refiners-snap-middle-east-oil-prices-slide Thu, 02 Jul 2026 06:47:40 +0000 Energy & Commodities Companies & Markets International /companies-markets/energy-commodities/chinas-private-refiners-snap-middle-east-oil-prices-slide Iran’s floating hoard, meanwhile, is swelling as major buyers stay away China Resources New Energy shares triple on debut after Asia’s biggest IPO of 2026 https://www.businesstimes.com.sg/companies-markets/energy-commodities/china-resources-new-energy-shares-triple-debut-after-asias-biggest-ipo-2026 Thu, 02 Jul 2026 04:41:34 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/china-resources-new-energy-shares-triple-debut-after-asias-biggest-ipo-2026 The strong start for the renewable power operator offers a confidence boost for issuers and investors El Nino may pile pressure on Asean food prices as dry weather meets fuel and fertiliser shock https://www.businesstimes.com.sg/international/asean/el-nino-may-pile-pressure-asean-food-prices-dry-weather-meets-fuel-and-fertiliser-shock Thu, 02 Jul 2026 03:00:00 +0000 Evan See Asean Companies & Markets Energy & Commodities International /international/asean/el-nino-may-pile-pressure-asean-food-prices-dry-weather-meets-fuel-and-fertiliser-shock Rice and palm oil prices could spike in a ‘Godzilla’ El Nino, with poultry and livestock prices also at risk Gold holds gain after Warsh remarks ease Fed rate-hike prospects https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-holds-gain-after-warsh-remarks-ease-fed-rate-hike-prospects Thu, 02 Jul 2026 00:58:29 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/gold-holds-gain-after-warsh-remarks-ease-fed-rate-hike-prospects Spot gold is 0.3% higher at US$4,053.57 an ounce Oil falls for a third straight day after US-Iran talks conclude in Doha https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-falls-third-straight-day-after-us-iran-talks-conclude-doha Wed, 01 Jul 2026 22:16:47 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-falls-third-straight-day-after-us-iran-talks-conclude-doha The discussions produced ‘positive progress’ on issues related to the US-Iran memorandum, says Qatar