Oil Holds Gains Near $58 as Market Weighs Venezuela Impact and Supply Pressures
Oil prices steady near $58 as markets weigh Venezuela's limited impact, ample global supply, and OPEC+ production pause.
China's LONGi Replaces Silver with Base Metals in Solar Panels to Cut Costs
LONGi will use base metals instead of silver in solar panels to cut costs, starting large-scale production in Q2 amid rising silver prices.
Aluminum Tops $3,050/ton and Nickel Near $16,900 Highlight Supply-Side Pressures in Metals Markets
Aluminum tops $3,050/ton and nickel nears $16,900 amid global supply constraints, policy curbs, and energy costs, despite uneven demand.
Chevron Jumps 7% and Exxon Mobil 4%, Driving U.S. Stock Futures Amid Venezuela Developments
Chevron rose 7% and Exxon 4% as U.S. stock futures climbed, driven by Venezuela news and gains in energy and tech stocks.
Silver Surges Nearly 4% Toward $76 per Ounce Amid Escalating Venezuela Tensions
Silver rose nearly 4% toward $76/oz as Venezuela tensions and US action boosted safe-haven demand; supply issues also support prices.
Gold Surges Above $4,400 per Ounce Amid Escalating Venezuela Crisis
Gold tops $4,400/oz as Venezuela crisis escalates, boosting safe-haven demand amid U.S. intervention and investor focus on key economic data.
Copper Surpasses $5.8 per Pound Amid Chilean Strikes and Supply Pressures
Copper tops $5.8/lb as Chilean strikes and U.S. tariffs tighten supply, pushing prices near record highs amid strong demand.
Egypt and Qatar Strengthen LNG Partnership to Secure Supplies and Diversify Energy Sources
Egypt and Qatar signed an MoU to boost LNG cooperation, secure supplies, and diversify Egypt's energy sources, including new investments and explorati
OPEC+ Maintains Oil Output Levels Through Q1 Despite Venezuelan Unrest and Internal Divergences
OPEC+ will keep oil output steady through March, citing ample supply and weak demand, despite unrest in Venezuela and internal divisions.
Egypt Bets on Deepwater Fields to Boost Gas Output by 1.4 Billion Cubic Feet Daily by 2026
Egypt plans to boost gas output by 1.4 bcf/day by 2026, mainly from offshore deepwater fields, aiming for over 5.1 bcf/day total production.
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