by Jibran Munaf | July 9, 2024 | Commodities, Energy, News
The Guangzhou Futures Exchange (GFEX) said on Tuesday it plans to launch its first platinum and palladium futures contracts in China, the world’s second-largest economy, to offer a domestic price-hedging mechanism. The GFEX will be the first exchange to allow...
by Jibran Munaf | July 1, 2024 | Energy, News
Saudi Arabia’s oil giant, Aramco, has committed over $25 billion in contracts to advance its ambitious gas expansion projects. This initiative aims to increase sales gas production by more than 60% by 2030, compared to 2021 levels. Aramco’s recent...
by Jibran Munaf | June 28, 2024 | Commodities, Energy, News
Brent crude futures for August settlement, which expire on Friday, rose 41 cents. Oil prices rose in Asian trade on Friday and were poised for a third straight weekly jump, buoyed by growing expectations that the U.S. central bank will soon start to cut interest...
