India is taking a significant step towards resource independence by launching its first-ever auction of offshore mineral blocks. The Ministry of Mines will auction 13 blocks, including those containing construction-grade…
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The Russian government has announced the cancellation of the export duty on coking coal, effective from December 1, 2024. This decision comes after a period of fluctuating policies regarding coal…
The Organization of the Petroleum Exporting Countries (OPEC) has announced that its upcoming meetings, initially scheduled for December 1st, 2024, have been postponed to December 5th, 2024. This change accommodates…
Iron ore futures experienced a period of stability on Thursday, with prices fluctuating within a narrow range. This hesitation among traders stems from a complex interplay of factors emerging from…
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) have postponed their online meeting to December 5th, where they are expected to discuss the potential delay of a…
U.S. crude oil futures experienced a marginal decline, settling at $68.72 per barrel, down 5 cents or 0.07%, on [Date of News]. This minor dip suggests a relatively stable market…
Brent crude futures settled at $72.83 per barrel on [date], a marginal increase of $0.02 or 0.03%. The market is currently in a holding pattern as investors await the upcoming…
Spot gold prices have surged by 1%, reaching $2,656.30 per ounce. This upward trend is attributed to several factors, including expectations of US Federal Reserve interest rate cuts, a weakening…
Saudi Arabia, Russia, and Kazakhstan, key members of the OPEC+ alliance, have reaffirmed their commitment to voluntary oil production cuts. These cuts, initially implemented in April 2023 and extended multiple…
The French government is reportedly developing a plan to offer zero-interest loans to state-controlled utility giant EDF to finance the construction of six new nuclear reactors. This initiative aims to…