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Commodities

  • Friday, 15 May, 2026
    Oil & Gas industry
    Abu Dhabi backs $13bn US gas plant as Middle East supplies falter

    Mubadala Energy, CPP Investments and BlackRock among investors providing $9.75bn for Commonwealth LNG

    new
    Rendering of the Commonwealth LNG facility shows large cylindrical storage tanks connected by walkways, with industrial structures and piping in the background.
  • Friday, 15 May, 2026
    Oil futures
    Why the oil futures curve is not a crystal ball

    Lower prices for crude to be delivered at a later date do not mean traders are predicting a sharp fall

    new
    Aerial view of several large white fuel storage tanks, one displaying the Shell logo, at an industrial terminal.
  • Friday, 15 May, 2026
    India Business Briefing
    Is it time to worry about India’s foreign exchange reserves?

    Also in this newsletter: government to invest $4bn in coal gasification

    Premium content
    India’s Prime Minister Narendra Modi sits inside a car.
  • Thursday, 14 May, 2026
    Cuba
    Cuba runs out of diesel and fuel oil

    Protests erupt as energy minister admits island has ‘absolutely no’ supplies or reserves

    Silhouetted people walk past a pile of trash burning in the middle of a dark street during a night-time protest.
  • Thursday, 14 May, 2026
    Markets
    Mortgage refixing, longer lags and eggs

    Plus, US oil producers aren’t drilling

    BERJAYADaire MacFadden
    Premium content
    An illustration showing a city skyline with two intersecting financial line graphs, one red and one blue, superimposed over the buildings.
  • Thursday, 14 May, 2026
    FT Film
    Why Big Oil is opening new frontiers | FT Film

    Suriname, South America’s smallest and greenest country, is tying its future to a $10.5bn offshore oil development led by TotalEnergies

    BERJAYA
  • Thursday, 14 May, 2026
    Chinese trade
    China’s fuel exports fail to rebound after Beijing signals easing of ban

    Data suggests shipments of refined fuels are not picking up in blow to Asian economies starved of supplies by Iran war

    An oil tanker is docked at the Sheskharis complex in Novorossiysk, Russia, with cranes and port infrastructure in the background.
  • Thursday, 14 May, 2026
    US trade
    China turns to US for help as Iran war upends plastics industry

    Strait of Hormuz blockade prompts shortage of raw materials for everything from water bottles to car parts

    Large spherical storage tanks and refinery structures at the Marcus Hook Refinery, seen behind a fence and power lines.
  • Thursday, 14 May, 2026
    Energy Source31 min
    Why Big Oil is opening new frontiers? | FT Film

    Suriname, South America's smallest and greenest country, is tying its future to a $10.5bn offshore oil development led by TotalEnergies

    FT Film: Big Oil's new frontiers
  • Wednesday, 13 May, 2026
    Renewable energy
    Shares surge in debut of power producer favoured by Trump energy agenda

    Geothermal generator Fervo uses renewable energy technology that has garnered rare administration support

    A large crowd gathers in Times Square below electronic billboards displaying Fervo Energy signage and the word ‘Geothermal’ for the company's IPO.
  • Wednesday, 13 May, 2026
    Middle East war
    Saudi Arabia launched strikes against Iran

    Riyadh wanted to show it was defending itself but told Tehran it was not joining broader US-Israeli assault

    A Saudi fighter jet in flight with visible pilots, photographed against a clear blue sky.
  • Wednesday, 13 May, 2026
    Oil & Gas industry
    Italy’s Ludoil agrees to buy Beny Steinmetz-linked Sicilian oil refinery

    Russia’s Lukoil sold the ISAB plant in 2022 to a Cypriot company backed by the convicted Israeli tycoon

    The ISAB refinery complex in Priolo-Gargallo, with a tall smokestack and industrial structures under a blue sky.
  • Wednesday, 13 May, 2026
    Indian economy
    India more than doubles tariffs on gold imports

    Government wants to curb non-essential imports to protect the rupee

    A person examines a thick gold chain with both hands at a jewellery store. The person is wearing rings and a bracelet.
  • Wednesday, 13 May, 2026
    Oil & Gas industry
    IEA warns of further ‘price spikes’ as oil inventories plunge

    Iran war has cut into oil consumption but not enough to halt ‘rapid’ draw on inventories

    Chevron refinery complex illuminated at night with steam and smoke rising from stacks, city lights visible in the background
  • Wednesday, 13 May, 2026
    Construction sector
    Hormuz closure stalls construction projects as material costs soar

    Building schemes around the world are being held up by shortages of products derived from oil

    Scaffolding and construction equipment stand unused at an abandoned construction site next to a concrete wall.
  • Tuesday, 12 May, 2026
    Diamonds and gemstones
    Ad ban for lab gems is diamonds’ best friend

    UK watchdog rules jewellers cannot use ‘diamond’ in isolation in synthetic stones’ adverts

    Tweezers grasping a round, faceted lab-grown diamond with a reflective surface against a plain background.
  • Tuesday, 12 May, 2026
    Natural resources
    Group linked to Trump sons asks US for extra $400mn for tungsten mine

    Cove Kaz Capital has already secured up to $1.6bn in government support for project in Kazakhstan

    Eric Trump clapping and Donald Trump Jr standing beside him on stage during the Bitcoin 2025 conference.
  • Tuesday, 12 May, 2026
    Trump tariffs
    Trump postpones beef tariff cuts over fears of hitting US cattle farmers

    Policy indecision comes amid discontent over high prices which have contributed to fall in president’s approval ratings

    A ranch hand on horseback herds a large group of brown cattle towards a pen on grassy land.
  • Tuesday, 12 May, 2026
    Japanese business & finance
    Japanese snack maker goes black and white on Iran war supply crunch

    Calbee to drain colour from packaging in response to rising prices of petroleum-based inks

    Calbee crisps, in full colour and black and white packaging
  • Tuesday, 12 May, 2026
    Oil & Gas industry
    UAE gas plant hit by Iranian attacks will not be fully repaired until 2027

    Damage to Habshan facility highlights lasting impact of Middle East conflict on Gulf energy exports

    Multiple electricity transmission towers and power lines stand in front of storage tanks at an Adnoc Gas facility in Abu Dhabi.
  • Tuesday, 12 May, 2026
    Oil & Gas industry
    Oil majors return to Alaska as US state becomes ‘world’s hottest play’

    Exxon and Shell among those resuming Arctic exploration in Trump’s ‘drill, baby, drill’ era

    A caribou stands on partially snow-covered tundra with the Trans Alaska Pipeline System visible in the background.
  • Tuesday, 12 May, 2026
    Biofuels
    Hedge funds bet on biofuels to profit from Iran oil price shock

    Traders expect corn and soyabeans to soar as demand for alternative fuel sources rises

    A farmer stands on a red combine harvester after collecting soyabeans in a field under clear skies.
  • Tuesday, 12 May, 2026
    Indian society
    India’s factory workers abandon jobs as city life gets too expensive

    Middle East conflict pushes up price of cooking fuel and sends many urban migrants back to villages

    People chant slogans during a workers’ protest in Noida
  • Monday, 11 May, 2026
    US politics & policy
    US considers suspending fuel tax as Iran war pushes up prices

    Republican Senator Josh Hawley introduces legislation after Donald Trump backs move

    A person with tattooed arms refuels a car at a gas station, holding a black gasoline pump nozzle in the vehicle’s tank.
  • Monday, 11 May, 2026
    Middle East war
    Trump says Iran’s response to peace proposal ‘unacceptable’

    Oil prices climb again as Washington and Tehran fail to agree terms to end war and reopen Strait of Hormuz

    A woman walks past a mural showing Iranian jets appearing to shatter a blue Star of David, symbolising Israel.
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Most Read

  1. Cuba runs out of diesel and fuel oil
  2. Saudi Arabia launched strikes against Iran
  3. China turns to US for help as Iran war upends plastics industry
  4. Why Big Oil is opening new frontiers | FT Film
  5. Ad ban for lab gems is diamonds’ best friend

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