Articles by Rebecca Torres
UK Diesel Hits Fresh Peak at 199.18p, Nearing £2 Mark
UK diesel prices reached a new record high of 199.18p per litre, just below the £2 mark, as supply concerns and refinery closures push costs up.
Australian Fuel Prices Surge: Diesel Up A$9.45 Per Fill
Australian diesel prices surged A$9.45 per 50-litre fill in a week, hitting 286.8c/L. Qantas (ASX:QAN) faces A$3.6B fuel bill. Petrol also rose 6%.
Oil's War Premium Fades, Gasoline Surges 2.1%
Oil prices slipped below $100 as Saudi Arabia restarted a key pipeline, but gasoline futures jumped 2.1%. Distillate inventories remain tight, keeping fuel prices elevated.
EIB Eyes Canadian Critical Minerals, Yet No Deals Funded
The EIB is exploring Canadian critical-minerals financing, but no deals have been funded. Nouveau Monde Graphite's Bécancour plant decision looms.
Resolute Mining Shares Slide 8.3% on Syama Output Cut, Margin Squeeze
Resolute Mining shares dropped 8.3% to A$1.242 after cutting 2026 gold production guidance by 18.1% due to Syama operational issues. Higher costs and reduced output narrow the gold-price buffer.
Ramelius Shares Surge 7.5% on Raised FY30 Gold Production Target
Ramelius Resources (ASX:RMS) jumped 7.5% after raising its FY30 gold output target to 560,000-610,000 ounces, with growth capex planned at A$480-570 million.
Hormuz Shipping Surges to Six-Month Peak, Yet Brent Holds $14 War Premium
U.S.-supported transits through Hormuz hit a six-month high, but Brent's $14 premium over fair value persists amid supply concerns.
Euro Slips Below $1.15 as Fed Hikes; Rebound Forecasts Diverge
The euro dropped to $1.1460 after the Fed's rate hike, widening the policy gap. Analysts are split on a potential rebound.
Australia's Diesel Stockpile Dips as Fuel Costs Escalate
Australia has 31 days of diesel supply, but prices are soaring. The government extends stockholding relief, while Ampol and Viva Energy face mixed impacts.
Peso Slides as Fed Hike Trims Mexico Rate Edge
The Mexican peso weakened 0.4% against the dollar as the Fed's first 2026 hike cut Mexico's rate premium. USD/MXN rose to 17.2333. Banxico meets Sept. 24.
