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Trafigura JV Buys Texas Power Plant as Traders Bet on Market
Financial Post· 2 days agoThe firm acquired the Mountain Creek power plant in Texas with joint venture partner Frontier Group...
Shell Sees Up to $2 Billion Writedown After Biofuels Delay
Financial Post· 8 hours agoSince taking the job in January last year, Shell Chief Executive Officer Wael Sawan has pledged to ...
Traders Complain of Losses Caused by German Power Market Glitch
Financial Post· 7 days agoA technical issue which caused Germany’s day-ahead power price to rise to almost seven times it’s...
Cocoa's Extreme Shortage Is Finally Set to End, Marex Says
Financial Post· 3 days agoA recovery in cocoa production in the world’s largest growers is set to put an end to a massive bean...
Hedge Funds Are Hoarding Cobalt Amid Battery Metal Slump
Financial Post· 4 days agoCobalt is a relatively tiny and specialized market compared with commodities like copper or oil, and...
Dollar Gets Extra Boost as Supreme Court Ruling Signals US Currency Has Room to Run
Financial Post· 4 days agoThe Bloomberg Dollar Spot Index rose 0.2% Monday after touching the highest level since November...
Oil Near Two-Month High on Hurricane Risks, US Stockpile Drop
Financial Post· 14 hours agoBrent crude traded above $87 a barrel and West Texas Intermediate was below $84, with both...
After Rough Patch, Trader Engelhart Bets Big on Power and Gas
Financial Post· 1 day agoNow its boss says things are different as the firm bets big on buying and supplying natural gas and...
Markets see less than 50% chance Joe Biden stays in race as Trump trades mount
Financial Post· 2 days agoThe red-hot Washington debate over whether President Joe Biden will scrap his run for re-election is...
Congo Sells Its Own Copper From Joint Ventures for First Time
Financial Post· 3 days agoGecamines holds minority stakes in large mines run by firms such as China’s CMOC Group and Glencore...