China’s largest lenders’ first-quarter profit up over 3%, sour loan ratios steady.
Five of China’s largest lenders reported net profit growth over 3 per cent in the first quarter of this year on Wednesday […]
Crude Inventories Continue to Decline Amid Strong Oil Product Draws.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 1.79 million barrels in the week […]
Standard Chartered secures $2.3 billion for Tanzania rail project in major Africa trade push.
Standard Chartered said it arranged a $2.33 billion syndicated loan to fund part of Tanzania’s Standard Gauge Railway (SGR), one of the […]
China industrial profits jump 15.8% in March, fueled by AI and chip boom despite oil shock risks.
Profits at China’s industrial firms grew at their fastest pace in six months in March, even as the Middle East war upended […]
Shell Bets $16.4 Billion On Canadian Gas In Major LNG Growth Push.
Shell is doubling down on North American gas in a major bet on long-term LNG demand, agreeing to buy Canada’s ARC Resources […]
Gold ticks up on softer dollar after Iran peace proposal report.
Gold edged higher on Monday, supported by a softer dollar as a report of a new proposal by Iran to end the […]
Oil prices rise amid stalled US-Iran peace talks.
Oil prices have climbed higher amid stalled peace talks between the United States and Iran. Brent crude rose more than 2 percent […]
Gold boom lifts Africa’s reserves to $530 billion as nations rethink the dollar.
The figure, published in the Africa Finance Corporation’s latest State of Africa’s Infrastructure Report, marked a $50 billion increase from $480 billion in […]
Phillips 66 First To Take Advantage of Jones Act Waiver for US Crude.
Phillips 66 has shipped crude oil from Texas to the U.S. East Coast on a foreign-flagged tanker, the first such cargo since […]
How the Iran war oil and gas supply shock compares with past disruptions.
The US-Israeli war with Iran and the closure of the Strait of Hormuz have caused the biggest oil supply disruption on record […]
US Crude Oil, Oil Product Inventories Come Crashing Down.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 4.4 million barrels in the week […]
Iran war sparks worst energy crisis in history, warns IEA chief.
The conflict between Iran, the US and Israel is creating the worst energy crisis ever faced by the world, the head of […]