Articles by Rebecca Torres
Uniper Deal Narrows Ksi Lisims FID Gap to 1-2 Mtpa
Uniper's binding 2 Mtpa LNG offtake cuts Ksi Lisims' FID gap to 1-2 Mtpa. Total disclosed volume reaches 7 Mtpa (58% of capacity). UN0 shares gain 1.3%.
Oil Nears $90 as Hormuz Risks Eclipse Mixed US Stockpile Data
Oil prices climbed near $90 on Wednesday as security concerns in the Strait of Hormuz outweighed mixed signals from US crude inventory data.
Hecla Mining Lags Silver Rally as Earnings Forecasts Slump Ahead of Q2 Report
Hecla Mining shares declined 0.8% even as spot silver rose 1.3%, with Q2 earnings forecasts slashed by 22% over the past three months. The company reports after the bell on Aug. 4.
Rio Tinto Shares Rise Ahead of H1 Results; Iron Ore Sales in Focus
Rio Tinto shares rose 2.13% ahead of half-year results, as investors focus on iron ore sales growth and copper cost reductions.
Naira Rises 1.4% on Thin Volume, Fuel Demand Looms
The naira closed at ₦1,362.09 per dollar, up 1.4% on the week, but thin liquidity and a widening parallel premium suggest a fragile rally. Fuel importers' dollar demand poses a key test.
Newmont's Q2 Cash Flow Surges Despite Lower Gold Output
Newmont's Q2 free cash flow jumped 29% to $2.21 billion, boosted by higher gold prices, even as gold production dropped 13%.
