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Commodities
UK energy price cap to rise 3% in April ’25
Britain's domestic energy price cap is forecast to rise by 3 per cent in April, reaching £1,785 annually for…
Magawish Petroleum boosts investment to increase output in FY 24/2025
Magawish Petroleum Company (MAGAPETCO) has approved a budget increase for the fiscal year 2024/2025, raising its…
Iraq approves $4.56b Basrah-Haditha oil pipeline project
Iraq's cabinet has approved the Basrah-Haditha oil pipeline project, according to a statement from the Prime…
Cocoa, coffee to lead global commodity gains in 2024
Cocoa and coffee are poised to become the top-performing commodities for 2024, driven by global supply deficits,…
Egypt’s gold prices rise on Tuesday
Egypt’s gold prices rose on Tuesday, December 31th, at 12:38 am CLT (10:38 GMT), compared to December 30th value,…
Gold edges higher, set for strong annual gains
Gold prices inched up on Tuesday amid subdued trading activity, extending their stellar performance in 2024,…
S. Africa to raise fuel prices in Jan
South Africa's government stated that the petrol price would increase by up to 19 cents per litre, while diesel…
Moldova faces energy crisis as Russian gas supply deal ends
Moldova's separatist Transdniestria region cut gas supplies to 12 state institutions on Sunday, escalating tensions…
Egypt’s gold prices fall on Monday
Egypt’s gold prices fell on Monday, December 30th, at 11:15 am CLT (9:15 GMT), compared to December 29th value.
BPCL diversifies oil sources amid reduced Russian supplies
India's state-run Bharat Petroleum Corp (BPCL) is turning to Middle Eastern crude to offset declining Russian oil…