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Category Energy & Power
US oil and gas rigs decline for first time in six weeks, says Baker Hughes
The number of oil and natural gas rigs, operating in the US fell this week for the first time in six previous weeks, energy services firm Baker Hug...
Oct, 10, 2025
3 min read
by Invezz
Commodity wrap: oil slumps 2% on Gaza ceasefire, gold moves back over $4,000/oz
Oil prices slumped 2% on Friday as the risk premium wore off after Israel and the Palestinian militant group Hamas agreed to a ceasefire earlier th...
Oct, 10, 2025
3 min read
by Invezz
EU pledges €11.5B to South Africa as green energy race intensifies
The European Union has announced an €11.5 billion investment plan for South Africa, targeting renewable energy, transport, and healthcare projects ...
Oct, 10, 2025
3 min read
by Invezz
New US sanctions on independent Chinese refinery aim to curb Iran’s oil exports
The US on Thursday imposed sanctions on a Chinese independent refinery and terminal that aided Iran’s oil and petrochemicals trade, according to Pr...
Oct, 09, 2025
3 min read
by Invezz
Commodity wrap: gold stays over $4,000/oz as COMEX silver hits record high
Gold prices slipped on Thursday, but stayed above the $4,000-per-ounce mark. Among other precious metals, silver prices fell more than 1%, trackin...
Oct, 09, 2025
4 min read
by Invezz