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Category OIL

Global sugar crisis: vast supply drives prices down 30% from annual peak

Global sugar crisis: vast supply drives prices down 30% from annual peak

The global market for raw sugar is currently experiencing a significant downturn, with prices plummeting to levels not seen in half a decade.  Last...
Commodity wrap: Fed caution hits bullion hard, Russian supply concerns boost oil

Commodity wrap: Fed caution hits bullion hard, Russian supply concerns boost oil

Gold prices slumped more than 3% on Friday as a December interest rate cut by the US Federal Reserve looks less likely.  Silver prices on COMEX plu...
Enbridge moves ahead with $1.4 billion expansion to boost Canadian crude flows

Enbridge moves ahead with $1.4 billion expansion to boost Canadian crude flows

Canadian pipeline operator Enbridge is greenlighting a C$1.8 billion ($1.4 billion) expansion of its Mainline and Flanagan South pipelines, allowin...
How Tether is reshaping commodities finance with crypto-backed lending

How Tether is reshaping commodities finance with crypto-backed lending

Stablecoins are no longer confined to crypto trading platforms. Tether Holdings SA, the issuer of the world’s most circulated stablecoin USDT, is e...
Why India is poised to miss Its 2030 green hydrogen target

Why India is poised to miss Its 2030 green hydrogen target

India’s ambitious foray into the green hydrogen economy is currently facing significant headwinds, with a recent assessment from a US-based energy ...