Articles by Rebecca Torres
Valero's Port Arthur Refinery Incident Sparks Supply Concerns Amid Geopolitical Tensions
Emergency crews responded to an incident at Valero Energy's Port Arthur refinery Monday evening, with reports of flames and smoke. The facility processes 435,000 barrels daily, making any extended outage significant for fuel supplies.
Denison Mines Advances Phoenix Uranium Project as Shares Climb
Denison Mines shares gained 3% as the company moves from permitting to construction at its Phoenix in-situ recovery uranium project. The mine is Canada's first major uranium construction approval in over two decades.
B2Gold Shares Recover Amid Gold Price Weakness, Faces 2026 Cost Pressures
B2Gold Corp shares gained nearly 4% Monday, rebounding from last week's selloff. The miner forecasts lower 2026 production and higher costs while navigating a leadership transition and regulatory shifts in Mali.
Venture Global Negotiates Settlements Amid New LNG Deal, Market Volatility
Venture Global stock closed nearly unchanged at $15.80 after CEO Mike Sabel revealed settlement talks with major customers and a new LNG agreement with Vitol. The company faces legal challenges and market volatility from Middle East supply disruptions.
Coeur Mining Unveils Post-Acquisition Outlook, Launches $750M Buyback
Coeur Mining shares advanced after the company issued its first combined production forecast following the New Gold acquisition, alongside a major capital return program.
European Gas Volatility Continues as Qatar LNG Outage Sparks Supply Scramble
European natural gas prices whipsawed, settling lower despite a persistent supply shock from Qatar. Italy is securing alternative supplies as Cheniere Energy reports operating at maximum capacity.
Gold Recovers From Multi-Month Low as Geopolitical Tensions Ease
Bullion staged a partial recovery Monday after hitting its lowest level in four months, as delayed U.S. military action against Iran tempered a steep selloff. Spot gold settled 0.4% lower at $4,470.36 an ounce.
Silver Plunges Below $62 as Rate Fears, Oil Surge Pressure Metals
Silver prices collapsed nearly 9% to $61.76 per ounce Monday, with gold also dropping sharply, as surging oil and hawkish rate expectations triggered a broad selloff in precious metals.
Gold Plunges to 2026 Low Amid Hawkish Central Bank Shift
Spot gold tumbled 5.8% to $4,226.16 an ounce, its lowest level this year, as investors priced in potential Fed rate hikes. The precious metal has declined for nine consecutive sessions.