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Commodities

The Oceania Times > Commodities
  • July 16, 2026
  • Noah
  • Commodities

NTSB finds ineffective response to reports of suspected natural gas leak before explosion

  The National Transportation Safety Board released its findings on a fatal Bel Air house explosion in 2024, saying the situation was entirely preventable. A house on Arthurs Woods Drive...
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  • July 16, 2026
  • Noah
  • Commodities

Oil market absorbs war shock through buffers, but stocks run thin: IMF

The global oil market successfully absorbed the largest disruption in decades following the outbreak of war in West Asia, though crucial buffers are now running low. A combination of...
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  • July 16, 2026
  • Noah
  • Commodities

Energy provider enercity opens customer management for ChatGPT

The energy provider enercity (formerly Stadtwerke Hannover AG) is offering its customers self-service using ChatGPT. They can use the chatbot to submit meter readings and manage their contracts. A...
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  • July 16, 2026
  • Noah
  • Commodities

Crude oil prices rise for 4th session amid escalating US-Iran war; Brent likely to hit $110/bbl, says Goldman Sachs

US-Iran war: Oil prices extended their gains for a fourth consecutive session on Thursday after fresh US strikes on Iranian military sites heightened concerns over a broader regional conflict...
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  • July 16, 2026
  • Noah
  • Commodities

Akakus Oil Reports Highest Daily Production Rate Since 2014

Akakus Oil Operations announced yesterday that it has recorded its highest daily production rate since 2014—marking the highest production level in the past twelve years—with an output of 332,056...
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  • July 16, 2026
  • Noah
  • Commodities

Indian Rupee extends decline amid elevated oil prices

The Indian Rupee (INR) opens lower against the US Dollar (USD), extending its losing streak for the third trading day on Thursday. The USD/INR pair rises to near 96.32...
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  • July 16, 2026
  • Noah
  • Commodities

DMCC and DIFC Courts expand partnership to strengthen dispute resolution framework

Melissa McLaren and Nour Aljaghoub of Pinsent Masons were commenting on the announcement by the Dubai Multi Commodities Centre (DMCC) and DIFC Courts of an extended memorandum of understanding...
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  • July 16, 2026
  • Noah
  • Commodities

Oil prices surge as US-Iran tensions threaten Strait of Hormuz

Oil prices have surged amid concerns of escalating conflict in the Middle East, particularly around the Strait of Hormuz, a critical chokepoint for global oil transport. The Wall Street...
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  • July 15, 2026
  • Noah
  • Commodities

Government downplays energy grid blackout risk amid extreme heatwave

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines...
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  • July 15, 2026
  • Noah
  • Commodities

AI to drive natural gas boom as utilities face surging data center demand

A chimney from the Linden Cogeneration Plant is seen in Linden, New Jersey. Kena Betancur | View Press | Corbis News | Getty Images Natural gas producers are planning...
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MultiBank Group Named Forex Broker of… July 16, 2026
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Why is gold falling despite the… July 16, 2026
Oil market absorbs war shock through… July 16, 2026

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