GLADIOGLADIOTrading

News

Not thousands of headlines. The few lines that move price. For traders: straight from the source, clear and simple.

Full stories are at the original source.

CommodityOilPrice.com

45,000 Nvidia Blackwell GPUs Cleared for Kazakhstan Data Center

Kazakhstan marked perhaps the high point of its presidentially proclaimed “year of artificial intelligence” with a visit by technology titan, Jensen Huang, CEO of Nvidia, who said the Central Asian state has the potential to become “a global hub for Physical AI.” Huang and Kazakh President Kassym-Jomart Tokayev met on October 23 for talks aimed at bolstering collaboration between the chipmaking…

CommodityOilPrice.com

Oil Markets Brace for a New Iran Escalation After U.S. Midterms

Brent holds near $115 as Iran war tensions and escalating Saudi-Houthi hostilities keep oil markets on edge ahead of U.S. midterms. Hormuz Becomes Even More Dangerous — and More Expensive - October has seen the most acute escalation in maritime attacks since the US-Iran war started eight months ago, with already more than 30 incidents recorded in the Strait of Hormuz and surrounding waterways, up…

CommodityOilPrice.com

18.4 TW by 2035: IRENA Raises Renewables Goal as Power Demand Climbs

While the world moves increasingly closer to reaching its target to triple renewable energy capacity by 2030, this may not be sufficient to meet global climate goals as energy demand is now rising faster than previously expected, the head of the International Renewable Energy Agency (IRENA) says. “We are getting closer and closer to the (target of) 11.2TW by 2030,” IRENA’s Director-General,…

CommodityOilPrice.com

OPEC+ Set to Keep Oil Quotas Unchanged

The key OPEC+ producers managing their collective oil production are expected to keep quotas unchanged for December when they meet on Sunday, sources familiar with the plans told Reuters on Tuesday. Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman have kept their targeted output unchanged after completing in September the phased rollback of 1.65 million barrels per day (bpd) of…

CommodityOilPrice.com

Iran Turns to Russia for Nuclear Power as IAEA Oversight Falters

Russia and Iran are expanding their nuclear cooperation as both countries face Western sanctions and international isolation. Their partnership includes the construction of nuclear power plants, fuel supplies, and broader technological cooperation. While Bushehr, Iran’s first operating nuclear power station, has long been the centerpiece of their relationship, Moscow and Tehran are planning new…

CommodityOilPrice.com

Investors From 119 Countries Pile Into Dangote’s Record Refinery IPO

The initial public offering of Nigeria’s Dangote refinery has reached its target to raise $1.6 billion in funds from domestic and retail investors alone, sources with knowledge of the IPO process told Bloomberg on Tuesday. Demand from international investors is set to significantly exceed even the $2.1-billion target with a 30% over-allotment option, according to the sources. The Dangote refinery…

CommodityOilPrice.com

Trump Moves to Ease Methane Regulations for U.S. Oil Producers

The Trump Administration is set to announce easing of the federal methane regulations for oil and gas production in a bid to boost U.S. domestic energy production and lower costs for producers and consumers. President Donald Trump is set to unveil the proposal at a campaign rally in Lubbock, Texas, America’s biggest-oil producing state. The top U.S. oil industry lobby, the American Petroleum…

CommodityOilPrice.com

India’s Oil Buyers Squeezed by $123 Crude and Weak Rupee

The Indian crude basket hit $123.29 per barrel last week, approaching levels recorded in March 2012, and adding 86% to the price Indian oil marketing companies pay, local media have reported, also noting the effect of a cheaper rupee. Since Indian companies pay for the oil they buy from abroad in U.S. dollars, a weaker Indian currency swells the bill further. The combination of a war premium on…

CommodityOilPrice.com

Oil Prices Drop Despite Threat of New U.S. Strikes on Iran

Crude oil prices moved lower today after reports about renewed diplomatic efforts to achieve peace in the Middle East, with Saudi, Turkish, and Pakistani officials travelling to Tehran to discuss the prospects of an end to hostilities. At the time of writing, Brent crude was trading at $114.85 per barrel, with West Texas Intermediate at $100.87 per barrel. That’s down from over $117 for Brent…

News text belongs to its source; only the headline and a short summary appear here.