May 2021 – Page 2 – Commodity Trading Major

Oil major Chevron shifts focus to prioritise profits over production November 12, 2025
Business plan unveiled at investor day emphasises need to cut costs and lower capital expenditure
Oil and gas demand to rise for 25 years without global change of course, says IEA November 12, 2025
International energy watchdog sets out new scenario to reflect fading commitment to climate change
Lukoil in crisis after US blocks deal with ‘Kremlin’s puppet’ November 12, 2025
Washington’s move to prevent oil trader Gunvor from buying Russian group’s assets revives prospect of Rosneft power grab
SoftBank divesting from Nvidia could be good, actually November 12, 2025
SoftBank sells Nvidia stake for $5.8bn as it prepares for AI investments
Brazil cuts reliance on Russian diesel amid new US oil sanctions November 11, 2025
The development comes as Brasília tries to mend relations with Washington
Gold rally tempts jewellers with a literal debasement trade November 11, 2025
Surging prices are causing issues even at the top end of the market
Saudi Aramco steps up gas push to meet surging electricity demand November 11, 2025
World’s largest oil producer shifts focus as it prepares to begin production at the giant Jafurah field
How the world’s biggest mining project is a win for China November 11, 2025
The $23bn Simandou mine in Guinea has taken almost three decades to begin operating but could tilt the balance of power in the global iron ore market
Carmakers’ battery deals with miners face delays as commodity prices drop November 11, 2025
Supply glut leaves mining companies struggling to fund projects as automakers scale back EV targets
US sanctions on Russia will not work unless Trump steps up enforcement November 10, 2025
Moscow has had four years to hone its evasion skills — and markets have priced it in