The Business Times
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Energy & Commodities

Energy & Commodities

Gold climbs above US$4,000 as inflation print curbs rate-hike bets

The UK has the biggest offshore wind capacity after China and is pushing to develop it further.
Companies & Markets

UK’s Crown Estate profits fall as offshore wind fees decline

Morgan Stanley expects annual spending on fossil fuels and dependable energy sources to double compared to recent years.
Companies & Markets

Morgan Stanley sees US$5.5 trillion Asia energy investment boom driven by AI, energy security

Overall traffic remain a fraction of the daily average of 125 ships passing through the strait before the Feb 28 conflict began.
Energy & Commodities

Oil edges lower amid resumption of strait shipments even as vessel hit near Oman

Higher borrowing costs are a headwind for non-yielding precious metals.
Energy & Commodities

Gold steadies near US$4,000 as inflation data eases rate-hike bets

Beijing has cut exports since March after the Iran war started, to ensure sufficient domestic fuel supplies.
Energy & Commodities

China to raise refined fuel export allowance in July, sources say

Adding pressure to gold, Federal Reserve policymakers have signalled growing support for higher borrowing costs.
Energy & Commodities

Gold steadies near US$4,000 as stronger dollar, rate outlook weigh

Disruptions to plastics supply have led to a sharp increase in packaging costs, which some companies are now starting to pass on. 
Energy & Commodities

Asian consumers face higher food prices as war disruptions trigger plastics shortages

Vessels are transiting Hormuz with their satellite signals switched on, indicating growing confidence among shipowners about the safe passage of the chokepoint.
Global Enterprise

Oil erases wartime gains as more tankers transit Hormuz

Brent crude futures were down US$2.32, or 3.01 per cent, at US$74.76 a barrel by 1218 GMT on Wednesday.
Energy & Commodities

Brent hits lowest since before start of Iran war on expectations of smoother oil flows via Hormuz

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