Articles by Rebecca Torres
Battalion Oil Holds Gains After 114% Surge as Strait of Hormuz Tensions Fuel Oil Rally
Battalion Oil shares steadied in premarket trading after a massive 114% rally, mirroring a sharp rise in oil prices driven by escalating Middle East tensions and shipping disruptions near the Strait of Hormuz.
Rio Tinto Shares Slide on Geopolitical Tensions, Company Advances Projects
Rio Tinto shares declined more than 2% in early London trading, pressured by broader market losses amid heightened Middle East tensions. The company simultaneously moved forward with a major mineral sands restart and a critical minerals pilot plant.
Shell Gains as Oil Rises on Middle East Tensions; Legal Setback Noted
Shell's stock advanced as Brent crude climbed for a third session due to escalating Middle East tensions. Separately, the company lost a legal bid to overturn an arbitration award in an LNG contract dispute.
Shell Gains as Oil Rises on Middle East Tensions; Legal Setback Noted
Shell's stock edged higher Tuesday, tracking a rally in oil prices driven by Middle East supply concerns. Separately, a New York judge rejected Shell's attempt to overturn an arbitration loss in a dispute with LNG producer Venture Global.
Sunrise Energy Metals shares decline following Syerston project update
Sunrise Energy Metals Ltd shares dropped 3.6% to A$7.69 after publishing an updated feasibility study for its Syerston scandium project, with development capital estimated at US$120 million.
Sunrise Energy Metals Shares Dip on Updated Syerston Scandium Project Study
Sunrise Energy Metals Ltd (ASX:SRL) shares declined following the release of an updated feasibility study for its Syerston scandium project, which outlines a US$120 million capital requirement and a mid-2028 production target.
PLS Group Shares Tumble 6.8% Amid Broad Lithium Sector Retreat
PLS Group Limited shares declined 6.8% to A$4.80, snapping a recent advance and falling below the A$5 level. The drop coincided with a broader retreat in lithium stocks amid heightened market volatility.
Santos Rises on Oil Rally, Sets Dividend FX Rates
Santos Ltd. shares advanced alongside a surge in oil prices driven by escalating Middle East tensions. The energy producer also confirmed foreign exchange rates for its upcoming US-dollar dividend payment.
Santos Rises on Oil Rally; Dividend FX Rates Confirmed
Santos Ltd shares advanced on Tuesday, buoyed by a third consecutive surge in crude oil prices driven by escalating Middle East tensions. The energy producer also finalized foreign exchange rates for its upcoming US-dollar denominated final dividend.
Fortescue Leads ASX Decline Amid Iron Ore Volatility, China Data Awaited
Fortescue Metals Group underperformed major mining peers on Tuesday, falling 4.49% to A$19.58. The decline comes amid choppy iron ore markets and anticipation of critical Chinese manufacturing data and policy targets.
Fortescue Leads Iron Ore Slump as China Data, Shipping Risks Weigh
Fortescue Metals Group underperformed major miners, dropping 4.49% as iron ore prices softened. Market attention turns to China's manufacturing data and annual policy announcements, with shipping risks adding pressure.
ConocoPhillips Leads Energy Rally as Middle East Tensions Spike Oil
ConocoPhillips shares climbed 4.2% to $118.24, leading U.S. oil majors higher after Brent crude surged 6.7% to $77.74 a barrel due to Middle East supply disruptions. The U.S. government is expected to announce measures Tuesday to address the price shock.