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Oil extends losses as Trump signals progress in U.S.-Iran talks

West Texas Intermediate (WTI) Oil extends its decline on Tuesday as traders assess fresh Middle East developments, keeping energy prices under pressure for a fifth straight day. At the time of writing, WTI trades around…

Science

Oil Crisis Is Spreading From Crude Prices to the Cost of Moving It

Crude oil has retreated sharply from wartime peaks, yet diesel, gasoline, jet fuel, and other refined-product markets are still pricing thin inventories, constrained conversion capacity, strong export pull, and regional…

Science

Gold slips as dollar strengthens, investors eye Fed rate outlook

August 12, 2026, 3:51 AM EDT. Hill & Smith PLC posted 8% revenue growth to $606.7m in H1 2026, led by 14% organic constant currency expansion in US operations. Underlying operating profit climbed 8% to $102.9m while mar…

Science

Alibaba unveils new AI chip, calls it China’s most powerful

(This is the free version of CWS Market Review. If you like what you see, then please sign up for the premium newsletter for $20 per month or $200 for the whole year. If you sign up today, you can see our two reports, “…

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Gold declines amid firmer dollar, bets on more Fed rate hike

Gold (XAU/USD) falls on Wednesday, hitting a fresh seven-month low as hawkish Federal Reserve (Fed) expectations and a stronger US Dollar (USD) keep the precious metal under pressure. At the time of writing, XAU/USD tra…

Science

CBRT Could Be Forced Back Into Gold Sales to Defend the Lira

Turkey’s sensitivity to energy price changes draws attention to the economic impact of recent geopolitical developments. In turn, the policy response from local authorities – built around a managed exchange rate as a ce…

Science

Gold Vs. Silver 2026: Why I’m Buying This Dip, Not Trading It

The metal opened the year at $28.92 and ended just below $72 per ounce, marking an annual gain of approximately 144% — silver’s sharpest calendar-year advance since 1979. That move shattered a decade-long ceiling near $…

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LNG tanker hit by suspected cyberattack in Mediterranean Sea

An LNG tanker carrying American liquefied natural gas to Italy stopped short of its destination this month, after its crew found they could no longer reach some of the ship’s internal control systems.

Science

India Pushes Back on US Tariff Threat Over Russian Oil

India's stock market showed little sign of panic a day after the U.S. announced a 50% tariff on goods from the country and threatened secondary sanctions over its continued oil trade with Russia.

Science

Oil prices extend losses amid easing Mideast supply jitters

Pakistan Stock Exchange (PSX) extended losses for the second straight session on Tuesday as the benchmark KSE-100 index dipped 1,464 points, or 0.81%, in the backdrop of a sharp rise in oil prices and fading hopes of a …