Global gold accumulation hits about $2 billion as African central banks join buying wave.
The uptick marks a rebound from January’s slowdown and reflects a sustained push toward reserve diversification. Global gold demand from central banks remains […]
China’s Teapot Refiners Rush to Secure Iranian Crude as Oil Prices Slide.
China’s independent refiners are looking for prompt Iranian crude cargos after Beijing issued the latest batch of quotas for oil imports and […]
US oil giant nears a $10 billion investment decision with Africa’s largest oil producer.
The company first touted the deal back in September 2024, following a meeting in New York between some of its executives and […]
Angola’s first gold refinery to start operations as it pushes beyond oil and diamonds.
The refinery, located in Viana near Luanda, has a processing capacity of about 20 kilograms per day. Construction and equipment installation have […]
Italian energy giant ENI announces gas discovery off Egypt coast.
ENI made the discovery with the drilling of the Denise W exploration well, located about 70 kilometres offshore in the Eastern Mediterranean […]
European Gas Futures Jump 3% as Trump’s Iran Strike Deadline Nears.
European natural gas futures opened higher on Tuesday as markets are awaiting developments in Iran after U.S. President Donald Trump threatened escalation […]
Africa’s largest uranium producer, Namibia, unveils new high-grade critical mineral site.
The results highlight strong tin, lithium, tantalum, and rubidium along a 2.2-kilometre pegmatite trend, supporting potential resource definition and future mining development. These minerals […]
JP Morgan Sees $150 Oil if Hormuz Remains Closed Through Mid-May.
Oil prices could top $150 per barrel if energy flows through the Strait of Hormuz remain disrupted through the middle of May, […]
Iran war pushes Germany’s deficit to 4.2% as growth outlook is cut by 50%.
The Iran war is hitting the German economy at the worst possible time. Having only just fought its way out of a […]
Venezuela Oil Exports Top 1 Million Bpd in March.
Venezuela exported crude oil at a rate of over 1 million barrels daily last month, for the first time in six months. […]
Brent Oil Dips Below $100 as Trump Signals End to Iran War.
Brent Crude oil futures plunged by 4% early on Wednesday to trade below $100 per barrel for the first time in a […]
Iran war wipes $120bn off Dubai, Abu Dhabi stock markets.
The United Arab Emirates’ stock markets in Dubai and Abu Dhabi have lost around $120bn in value since the start of the […]