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Commodities

The Oceania Times > Commodities
  • March 2, 2026
  • Noah
  • Commodities

Amid Middle East tensions, govt reviews fuel supply, says no shortage as oil prices rise

The Ministry of Petroleum and Natural Gas (MoPNG) on Monday, March 2, said Petroleum Minister Hardeep Singh Puri reviewed the supply situation of crude oil, LPG and other petroleum...
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  • March 2, 2026
  • Noah
  • Commodities

Diesel Jumps 17%, Outpacing Crude Oil After Weekend Conflict

The price of key petroleum fuels soared on Monday as markets opened after the Iran conflict escalated over the weekend, with the jump in diesel futures prices outpacing the...
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  • March 2, 2026
  • Noah
  • Commodities

How will datacentres affect Australia’s power prices, water supply and emissions? | Energy

Our online lives are increasingly reliant on digital data, whether it’s asking an AI chatbot a question, generating a video or transcribing an online meeting. Datacentres – giant warehouses...
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  • March 2, 2026
  • Noah
  • Commodities

XAU/USD looks further north as Iran war boosts haven demand

Gold is taking a breather after the initial run to over one-month highs near $5,400, kicking off the new week with a bang. A global flight to safety theme, following...
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  • March 2, 2026
  • Noah
  • Commodities

Natural Gas News: Middle East War Lifts Futures as Market Eyes LNG Risk

At 04:33 GMT, April Natural Gas futures are trading $2.917, up $0.058 or +2.03%. Strait of Hormuz Shutdown Could Send U.S. LNG Demand Soaring According to my research, the...
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  • March 2, 2026
  • Noah
  • Commodities

Oil jumps 10% and could spike to $100 a barrel, analysts say as Middle East plunged into chaos

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up...
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  • March 2, 2026
  • Noah
  • Commodities

European gas could jump 130% on Hormuz disruption: Goldman Sachs | World News

The impact on US natural gas would likely be limited, according to Goldman | Photo: Bloomberg 1 min read Last Updated : Mar 02 2026 | 9:33 AM IST...
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  • March 2, 2026
  • Noah
  • Commodities

ONGC, Oil India shares in focus after oil spike on Iran war; Here’s what JPMorgan recommends

Shares of Oil & Natural Gas Corporation Ltd. and Oil India Ltd. continue to remain in focus on Monday, March 2, after global crude oil prices surged sharply following...
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  • March 2, 2026
  • Noah
  • Commodities

Gold Prices Set to Surge as Asian Markets React to Geopolitical Tensions

“If gold briefly trades above that level and then pulls back, it would suggest short-term hedging activity. However, if prices break above $5,600 and remain above it with sustained...
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  • March 2, 2026
  • Noah
  • Commodities

Energy prices: SSE Airtricity to reduce gas tariff by 8% from April

Raymond Gormley, head of energy policy at the Consumer Council said the decrease was good news. “It indicates a gradual downward curve in wholesale energy prices,” he said. “However,...
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