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Category Energy & Power

Commodity wrap: gold rebounds on renewed Fed rate cut hopes; oil, nickel face weekly declines

Commodity wrap: gold rebounds on renewed Fed rate cut hopes; oil, nickel face weekly declines

After having spent most of the day in the red, gold prices rebounded due to renewed expectations of a December interest rate cut by the Federal Res...
Iran warns of consequences after UN watchdog demands nuclear accountability

Iran warns of consequences after UN watchdog demands nuclear accountability

On Thursday, the UN nuclear watchdog’s 35-nation Board of Governors adopted a resolution demanding that Iran “without delay” disclose the status of...
Commodity wrap: dollar strength weighs on bullion, while oil jumps on US inventory decline

Commodity wrap: dollar strength weighs on bullion, while oil jumps on US inventory decline

Gold prices were largely unchanged on Thursday, even as the dollar strengthened against a basket of major currencies.  Prices had fallen 1% earlier...
China’s rare earth magnet exports drop overall, but surge to US market in October

China’s rare earth magnet exports drop overall, but surge to US market in October

Recent customs data released on Thursday revealed a nuanced trend in China’s rare earth magnet exports for the month of October.  Overall shipments...
Why did Plug Power stock tumble today and is it a buying opportunity?

Why did Plug Power stock tumble today and is it a buying opportunity?

Plug Power Inc. (NASDAQ: PLUG) opened nearly 20% down this morning after the hydrogen fuel cell specialist announced a $375 million convertible not...