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Category: Commodities

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🧭 Daily Market Digest (May. 22, 2026) 🤖 AI-Powered

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Latest News (4527 articles)

Commodities OilPrice.com 90% GROQ-LLAMA-3.1-8B-INSTANT
206d ago
Oilfield Services Firm Petrofac Collapses

After years of restructuring and cost-cutting efforts, UK-listed oilfield services group Petrofac on Monday filed for administration, following the termination …

Petrofac, a UK-listed oilfield services firm, has filed for administration after the termination of its … High (90%)
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Commodities Unknown 80% GROQ-LLAMA-3.1-8B-INSTANT
206d ago
The experts who previously warned against gold as an inflation hedge now argue there’s room to grow

Even after setting all-time highs, gold could defy historical precedent and keep rallying, according to a research paper from two …

Two finance experts who previously warned against gold as an inflation hedge now believe it … High (80%)
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Commodities OilPrice.com ⭐ FEATURED 85% OPENAI-GPT-4O-MINI
206d ago
Oil Prices Dip As Oversupply Concerns Mount

Oil prices gave up earlier gains to turn 1% lower on Monday amid profit-taking following last week’s rally. As of …

Oil prices have declined by approximately 1% following a week of gains, primarily due to … High (85%)
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Commodities OilPrice.com 80% GROQ-LLAMA-3.1-8B-INSTANT
206d ago
Iraq Negotiates Higher OPEC Oil Production Quota

Iraq is in discussions with OPEC to review its oil production quota as output capacity rises, Hayan Abdul Ghani, the …

Iraq is negotiating with OPEC to increase its oil production quota from 4.4 million barrels … High (80%)
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Commodities Unknown 90% GEMINI-GEMINI-2.0-FLASH-EXP
206d ago
Gold prices extend drop as easing US-China tensions curb haven demand

Hopes that Trump and Xi will agree to extend the US-China truce on tariffs have dented the precious metal's appeal.

Gold prices are falling due to decreased demand as a safe-haven asset. This is driven … High (90%)
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Commodities OilPrice.com 75% GEMINI-GEMINI-2.0-FLASH-EXP
206d ago
India’s Crude Oil Imports Rise Even as Russian Supply Tightens

India imported 19.93 million tons of crude oil last month, a 1.7% increase from August, the Economic Times reported, citing …

India's crude oil imports increased in September, both monthly and annually, despite tightening Russian supply. … High (75%)
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Commodities OilPrice.com 75% GEMINI-GEMINI-2.0-FLASH-EXP
206d ago
India Is Intensifying Its Search for Oil and Gas as Import Pressure Builds

India needs more local discoveries of oil and gas in order to be able to meet future energy demand, the …

India is increasing its focus on domestic oil and gas exploration to reduce reliance on … High (75%)
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Commodities OilPrice.com 80% GROQ-LLAMA-3.1-8B-INSTANT
206d ago
IEA Chief Warns of a Buyer’s Revolution in LNG Markets

A “wave” of new liquefied natural gas production capacity set to come on stream this year and in 2026 will …

IEA Chief Fatih Birol predicts a shift in the global LNG market, driven by new … High (80%)
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Commodities OilPrice.com 85% OPENAI-GPT-4O-MINI
207d ago
Oil Prices Rise as U.S.-China Trade Thaw Boosts Demand Optimism

Oil prices edged higher in early Asian trading on Monday, lifted by optimism over a new trade framework between the …

Oil prices have increased due to improved sentiment surrounding U.S.-China trade relations, suggesting a potential … High (85%)
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Commodities CNBC 85% OPENAI-GPT-4O-MINI
207d ago
HSBC to recognize $1.1 billion provision in third quarter after court ruling in Madoff case

Herald Fund SPC sued HSBC's Luxembourg unit in 2009, claiming restitution of securities and cash it said were lost in …

HSBC is set to recognize a $1.1 billion provision in its third quarter financial results … High (85%)
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Commodities OilPrice.com 90% GEMINI-GEMINI-2.0-FLASH-EXP
207d ago
Shale Giants Slash Thousands of Jobs as Lower Prices Bite

U.S. oil and gas producers seek efficiencies and cost reductions amid lower oil prices this year compared to 2024 levels. …

Shale giants are cutting jobs due to lower oil prices and the need for cost … High (90%)
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Commodities OilPrice.com 85% OPENAI-GPT-4O-MINI
207d ago
Washington’s Oil Sanctions Rattle Asia’s Energy Security

The U.S. federal government this week declared sanctions on two of the largest Russian crude oil exporters, Rosneft and Lukoil, …

The recent U.S. sanctions on major Russian oil exporters Rosneft and Lukoil have caused initial … High (85%)
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