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Energy

Diesel Margins Widen on Refinery Outages, Summer Demand

Diesel refining margins have widened considerably in recent weeks, as a series of unplanned refinery outages collided with seasonal demand from the trucking and agricultural sectors. The combination has left distillate inventories tighter than usual for this point in the summer, giving refiners unusually …

Nitish Kishor | 07 July 2026

Copper Slips as Chinese Demand Signals Soften

Copper prices slipped this week after new economic data out of China suggested manufacturing activity has cooled more than expected. As the world's largest consumer of the industrial metal, any sign of weakening demand from Chinese factories tends to ripple quickly through global copper …

Nitish Kishor | 07 July 2026

US Crude Stockpiles Drop Ahead of Peak Driving Season

US commercial crude oil inventories declined more sharply than analysts had anticipated in the latest weekly report from the Energy Information Administration, as refiners ramped up processing to meet growing gasoline demand ahead of the peak summer driving season.

Nitish Kishor | 07 July 2026

Silver Rallies on Surging Industrial Demand

Silver prices surged to their highest level in several months, extending a rally that has outpaced gains in gold over recent trading sessions. While silver often moves in tandem with its more famous counterpart, this latest advance has been driven largely by industrial forces …

Nitish Kishor | 07 July 2026

Australian Coal Exports Rebound on Asian Power Needs

Australian thermal coal exports have rebounded in recent weeks, as utilities across Asia increased purchases to meet rising summer electricity demand. The uptick comes after a stretch of softer export volumes earlier in the year, when milder weather and ample inventories had reduced near-term …

Nitish Kishor | 07 July 2026

Uranium Prices Firm as Utilities Restock Reactor Fuel

Uranium prices have firmed in recent weeks, supported by a wave of utility contracting activity as nuclear operators work to secure fuel supplies ahead of planned reactor restarts and new capacity additions. The buying has been most pronounced among utilities with contracts expiring in …

Nitish Kishor | 07 July 2026

WTI Crude Holds Below $70 Despite Gulf Supply Fears

West Texas Intermediate crude futures settled below the $70 per barrel mark this week, a level that has held firm despite escalating tensions in the Middle East. The benchmark's resilience comes even as reports of renewed hostilities near the Strait of Hormuz sent an …

Nitish Kishor | 07 July 2026

OPEC+ Keeps Output Steady Amid Fragile Hormuz Truce

OPEC+ producers opted to leave output quotas unchanged following their latest policy meeting, choosing stability over any dramatic shift in strategy. The decision arrives at a delicate moment, with shipping lanes through the Strait of Hormuz remaining under strain following recent attacks on commercial …

Nitish Kishor | 07 July 2026

OXO, Inc. Bolsters Data Leadership With Dual Executive Appointments

OXO, Inc. has expanded its leadership team with two key hires in data engineering and artificial intelligence. The appointments reflect the company’s strategy to enhance its technical expertise as demand grows for enterprise analytics solutions. Both roles took effect in early July 2026, marking …

Vinay Lochav | 07 July 2026

Patterson-UTI Energy (NASDAQ:PTEN) Ticks Up Pre-Market Today on June Drilling Activity Report

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) shares edged higher in pre-market trading as investors digested the company's monthly drilling activity report, which showed an average of 95 U.S. rigs operating in June, representing an improvement from the second-quarter average of 92 rigs. The report marks the …

Nitish Kishor | 07 July 2026
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