Commodities

Iran rejects U.S. talks as Hormuz reopening stays stalled

(Bloomberg) — Prospects for reopening the Strait of Hormuz remained unsure Sunday after Iran dominated out direct negotiations with america, signaling {that a} transport settlement for the important vitality chokepoint might not be...

Document manufacturing lifts Petrobras Q2 revenue to $10.4 billion

(WO) — Petrobras reported file oil manufacturing through the second quarter of 2026, serving to drive web revenue to R$52.4 billion (US$10.4 billion) as the corporate continued to ramp up output from its...

ADNOC points assertion clarifying assaults on services

(WO) - ADNOC launched the next assertion Friday addressing the impression of latest assaults on its vessels and operations amid continued disruption within the Strait of Hormuz: "ADNOC stays firmly targeted on assembly buyer...

bp to accumulate Woodside’s stake in Trinidad’s Calypso fuel mission

(WO) — bp has agreed to accumulate Woodside Power's 70% curiosity within the Calypso fuel mission offshore Trinidad and Tobago, giving the corporate full possession and operatorship of the early-stage deepwater pure fuel...

Dozens of Iranian tankers idle as U.S. blockade restricts exports

(Bloomberg) — A rising variety of Iranian oil tankers are sitting idle off the nation's coast as a renewed U.S. naval blockade disrupts crude exports and will increase strain on Tehran's power revenues,...

Nigeria approves $4.5 billion oil-backed financing deal to assist manufacturing development

(Bloomberg) – Nigeria stated it permitted a $4.5 billion association with the state-owned power agency that may liberate funds to bolster foreign-exchange reserves and spending on the federal government’s ongoing infrastructure priorities. The nation...

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