Commodities

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...

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...

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...

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...

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...

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...

July 15, 2026
Noah
Commodities

Energy storage to reach ‘hundreds of megawatts’ by end of 2027, minister says

Energy Minister Michael Damianou said on Wednesday that Cyprus is expected to have “several hundred megawatts” of energy storage capacity installed by the end of 2027, allowing greater use...

July 15, 2026
Noah
Commodities

U.S. Crude Inventories Fall 1.7 Million Barrels As Iran Tensions Rattle Markets

By Julianne Geiger – Jul 15, 2026, 10:28 AM CDT US crude inventories fell 1.7 million barrels for the week ending July 10, leaving stockpiles 6% below the...

July 15, 2026
Noah
Commodities

Europe’s Scramble for Gas Ahead of Winter Gets Harder

Europe’s race to refill natural-gas stockpiles has become increasingly challenging as the Iran war drives up prices, making it less profitable for traders to buy and store the fuel...

July 15, 2026
Noah
Commodities

Libya Connects Sirte Power Station to National Gas Grid in Energy Shift

Libya has connected the Sirte steam power plant to the national gas grid and plans to begin natural gas deliveries within days. The conversion supports Libya’s strategy...