Articles by Rebecca Torres
Rio Tinto Faces Key Test as Iron Ore Shipments Poised for Cyclone Recovery
Rio Tinto shares edged up ahead of a key Q2 operations update, with consensus expecting 84.1 million tonnes of Pilbara iron ore sales, a 16.2% rebound from the cyclone-disrupted first quarter.
Hormuz Strait Sees 95% Drop in Ship Traffic, Crude Oil Market Signals Mixed
Only six vessels crossed the Strait of Hormuz on Sunday, a 95% drop from pre-war levels, as Brent crude rose 2.2% to $77.68. Analysts warn of production curbs and tight oil markets.
Diesel Premium Hits $80 as Geopolitical Tensions Roil Oil Markets
Oil futures brace for volatility after U.S.-Iran strikes threaten Hormuz shipping, while diesel margins hit $80, highlighting a widening gap between crude and refined product prices.
Russia's Diesel Export Ban Cuts Global Supply by 583,000 Barrels Daily
Russia's diesel ban removes 583,000 bpd from global supply, squeezing U.S. inventories and boosting refining margins for major players.
Freedom Fuel's $3.47 Gas Promotion Hits 25 Stations, Sustainability in Question
Freedom Fuel's $3.47 gas promotion at 25 stations offers savings but raises sustainability concerns amid analyst skepticism.
Silver Rallies on Dollar Weakness Despite Fed Rate Worries
Spot silver rose to $58.82 an ounce on Thursday, buoyed by a weaker dollar, as traders weigh Fed rate hike risks against safe-haven demand.
Gold Rebounds Past $4,100 as Dollar Weakens, Geopolitical Tensions Linger
Gold recovered above $4,100 an ounce, buoyed by a weaker dollar and persistent Middle East tensions, while investors assess Fed rate hike odds and oil's impact on inflation.




