Section
Commodities
Hormuz attacks resume, threatening oil's post-truce unwind
Hormuz attacks resumed after Iran reportedly fired at least two missiles at commercial ships, forcing traders to reprice crude and shipping risk.
Hong Kong gold clearing system starts trial with 11 banks
Hong Kong gold clearing system entered trial operation with 11 banks, linking local bullion settlement to Shanghai as the city chases pricing power.
Rosland Capital bankruptcy exposes stress in gold retail
Rosland Capital bankruptcy comes as gold and silver stay elevated, pointing to pressure in retail bullion even in a hot metals market.
OPEC+ raises August quotas as Hormuz flows recover, crude slips
OPEC+ raises August quotas by 188,000 barrels a day as Brent returns near prewar levels and Hormuz shipping improves after the Iran war.
Japan cuts gas 16% as Hormuz squeeze lifts coal use
Japan cut gas-fired output 16% in June and raised coal generation 4.6% as Hormuz-linked LNG disruption tightened supply across Asia.
Canada oil pipeline to Asia redraws crude export map
Canada oil pipeline to Asia would carry 1 million barrels a day, betting Pacific access can cut reliance on the U.S. crude market.
Gold prices head for weekly gain as Fed hike bets ease
Gold prices posted their first weekly gain in a month after June payrolls missed forecasts, pushing traders to cut Fed hike bets.
Brent oil forecast: Citi sees $60 as Hormuz risk fades
Brent oil forecast turns lower as Citi says Hormuz shipping is normalizing, China demand is soft and the war premium is fading from crude.
Saudi Aramco exports rebound as spot crude sales linger
Saudi Aramco exports are rebounding through Hormuz, but spot crude sales to Asia show Gulf supply is normalising faster than pricing risk.
Iran oil stockpile tops 20M barrels as buyers hold back
Iran oil stockpile topped 20 million barrels as buyers held back after Doha talks, leaving stranded crude to cap rallies and keep supply risk alive.
QatarEnergy extends Edison LNG force majeure to September
QatarEnergy extended Edison LNG force majeure into early September, withholding four more cargoes and lifting affected deliveries to 21.
Pakistan LNG buy shows Qatar export disruption lingers
Pakistan LNG buy forced a prompt cargo purchase at $16.74/mmBtu, signaling Qatar export disruption is still rippling through Asian gas trade.
Saudi Aramco helicopter crash tests oil after Hormuz reopening
Saudi Aramco helicopter crash killed 14 near Ras Tanura, forcing oil traders to reassess how fast Gulf supply risk is really fading.
Oil prices rise 1.3% after tanker hit revives Hormuz risk
Oil prices rose after a tanker strike and fresh U.S.-Iran attacks pushed WTI above $70, putting Hormuz shipping risk back into crude trading.
U.S.-Iran talks on Hormuz resume after halt in strikes
U.S.-Iran talks on Hormuz are set for Tuesday after both sides agreed to halt strikes again, but traders still need a calmer shipping lane.
Strait of Hormuz attack lifts oil as shipping risk returns
Strait of Hormuz attack lifted Brent 2.1 per cent and WTI 2.3 per cent as a struck cargo vessel revived tanker risk and paused evacuations.
Kazakh oil output drops after drone hit on Russian plant
Kazakh oil output fell by about 25 per cent at Karachaganak after a drone strike shut Russia's Orenburg gas-processing plant.
Oil prices fall as Hormuz tankers move and war premium fades
Oil prices fell toward pre-war levels as tanker traffic resumed through Hormuz and crude discounts widened, easing the latest supply fears.
Gulf tanker rate hits 897% as shipping shock bites
Gulf tanker rates jumped to 897% of benchmark freight as vessel scarcity persisted even with Brent below $76, tightening delivered oil costs.
Iran oil waiver leaves China key buyer as Asia stays full
Iran oil waiver leaves China as the main near-term buyer because Asian refiners are covered through August and have little room for extra crude.
Qatar gas plant blast leaves 18 missing; LNG flows in focus
Qatar gas plant blast left 18 workers missing and injured 54 at Ras Laffan, with traders watching whether domestic damage spills into LNG exports.
China rare-earth controls hit MP Materials, USA Rare Earth
China rare-earth controls hit MP Materials and USA Rare Earth, tightening pressure on US critical-minerals supply chains and defense-linked industry.
Goldman’s gold cut puts the Fed back in charge of bullion
Gold price outlook 2026 shifted lower after Goldman cut its year-end target to $4,900 as the Fed’s hawkish reset pushed yields and the dollar higher.
Hormuz tanker traffic jumps, but shipping stays below prewar
Hormuz tanker traffic jumped to 20 vessels on Thursday, but toll uncertainty, naval clearance work and low ship counts still cloud a full reset.
China oil refiners cut output as imports plunge
China oil refiners cut output to a near four-year low after May crude imports fell 29 per cent, testing Asia's demand outlook.
