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Commodities

The Oceania Times > Commodities
  • May 11, 2026
  • Noah
  • Commodities

India needs more EVs, public transport and renewables to cut oil import dependence: ICICI Bank’s Sameer Narang

India needs to accelerate its shift towards electric vehicles, renewable energy and greater use of public transport to reduce its dependence on costly energy imports, according to Sameer Narang,...
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  • May 11, 2026
  • Noah
  • Commodities

Britain stalls on energy debt relief with consumer debts seen topping $9.5 billion by year-end

By Susanna Twidale LONDON, May 11 (Reuters) – A government scheme to clear 500 million pounds of energy debt for some of Britain’s poorest households ‌has yet to launch,...
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  • May 11, 2026
  • Noah
  • Commodities

Oil prices climb after Trump dismisses Iran’s response to peace plan | Oil

Oil prices have climbed after Donald Trump condemned Iran’s response to US proposals to end the war as “totally unacceptable”. The president’s rejection of Tehran’s overture in a post...
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  • May 11, 2026
  • Noah
  • Commodities

Japan Receives First Central Asian Crude Since Iran War Began

Japan is set to receive this week the first crude tanker from Central Asia since the war in Iran began, the Japanese Industry Ministry said on Monday. A tanker...
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  • May 11, 2026
  • Noah
  • Commodities

OVO agrees sale to German energy giant E.ON, ending days of takeover speculation

X Register for free to receive latest news stories direct to your inbox Register South West-based power supplier OVO Energy is to be acquired by German giant E.ON for...
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  • May 11, 2026
  • Noah
  • Commodities

Ship carrying Iraqi oil passes Hormuz in…

ERBIL, Kurdistan Region – Iranian state-affiliated media announced Monday that an oil tanker carrying Iraqi crude oil passed through the Strait of Hormuz on Sunday, amid ongoing Iranian maritime...
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  • May 11, 2026
  • Noah
  • Commodities

Vietnam-bound oil tanker passed through Strait of Hormuz

The Malta-flagged tanker Agios Fanourios I successfully transited the Strait of Hormuz using a route designated by Iranian authorities. According to the report, the vessel was carrying Iraqi crude...
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  • May 11, 2026
  • Noah
  • Commodities

Oil exporters turn to ‘Dark’ transits as Three supertankers successfully navigate Hormuz chokepoint

Three tankers carrying crude exited the Strait of Hormuz last week and on Sunday with trackers switched off to avoid Iranian attacks, shipping data from Kpler and LSEG showed...
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  • May 11, 2026
  • Noah
  • Commodities

Gold, Silver Rate Today live updates: Gold prices fall to $4,684.32 per ounce in international market amid rising geopolitical tensions

Gold prices slipped on Monday as uncertainty over stalled US–Iran peace talks and rising oil prices fuelled fresh inflation concerns, reducing expectations of near-term interest rate cuts. Spot gold...
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  • May 11, 2026
  • Noah
  • Commodities

Sunstone Metals Retracts Bramaderos Scoping Study Elements Following ASX Review

Sunstone Metals Limited (ASX:STM) today announced the retraction of its Bramaderos Gold-Copper Project Scoping Study and related presentation, initially released on 21 April 2026. Sunstone Metals is an Australian...
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