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Saudi Arabia's Onshore Oil Reserves Hit Record Highs - IEA

New Delhi, Aug. 12 -- RIYADH - Saudi Arabia's onshore oil reserves reached record highs by early August, not because the kingdom pumped less, but because it could not move what it pumped out of the co... Read More


Aluminum Stock Price Exceeds $3,300 per Tonne for 1st Time Since June 22 - Trading Data

LONDON, Aug. 10 -- Aluminum crossed $3,300 per tonne on Monday morning for the first time since June 22, extending August's rally to roughly 3.5 percent since the month began and returning the metal t... Read More


South Korea Asks UK for Exemption From New Sanctions on Russian LNG - Reports

New Delhi, Aug. 7 -- South Korea's trade ministry formally requested a British exemption from London's incoming restrictions on Russian liquefied natural gas Wednesday, as Seoul moved to protect a lon... Read More


Hungary's Losses From Extreme Heat Could Reach $157 Million, Prime Minister Says

New Delhi, Aug. 3 -- The Danube is running too low and too warm to keep Hungary's main nuclear plant cooling properly, and the bill is now measured at as much as 137 million euros. when all units res... Read More


Japan Confirms Joint Yen Intervention With US Treasury, First Coordinated Action Since 2011

New Delhi, Aug. 3 -- TOKYO - For the first time in fifteen years, Washington and Tokyo agreed to move the yen together. Japan's Finance Minister Satsuki Katayama confirmed Monday that Thursday's inter... Read More


Russia Permitted to Raise Oil Output to 9.95 Million Bpd in September Under OPEC+

New Delhi, Aug. 3 -- Seven of the most consequential oil producers in the world met on Sunday and decided, as they have been deciding at roughly monthly intervals since early 2026, to pump a little mo... Read More


Powerball Jackpot Hits $748 Million for Monday Drawing After Another Weekend Shutout

New Delhi, Aug. 3 -- the lump sum that replaces receiving the advertised $748 million in annual payments over 29 years. State taxes apply after that. Legal and financial fees follow. Nobody who bought... Read More


Europe's LNG Imports in July Fall to Lowest Since 2024, Data Shows

New Delhi, Aug. 3 -- European gas storage facilities absorbed less new liquefied natural gas in July than at any point in the previous ten months. Data published Sunday by Gas Infrastructure Europe sh... Read More


OPEC+ Raises September Oil Output for Sixth Month Running, Adding 188,000 bpd

New Delhi, Aug. 2 -- VIENNA - The gradual loosening of OPEC+'s grip on global oil supply entered its sixth consecutive month on Saturday, as the cartel's core producers agreed to pump 188,000 more bar... Read More


New Gordie Howe Bridge: Stellantis Carrier Bans Drivers With Discipline Threat

New Delhi, Aug. 2 -- WINDSOR, Ontario - It took 26 years and billions of dollars in public investment to build a second crossing over the Detroit River. It took four days for a vehicle carrier hauling... Read More