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COMMODITY

Latest cryptocurrency news and articles about commodity. Stay updated with developments, analysis, and insights.

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China’s EV Boom May Reduce Gasoline Demand, Signaling Shifts for Global Oil Markets

China’s EV Boom May Reduce Gasoline Demand, Signaling Shifts for Global Oil Markets

China’s EV boom has significantly reduced gasoline demand during the Golden Week holiday, dropping nearly 9% year-on-year to 12.5 million tonnes in October. This shift, driven by widespread adoption o...

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1 min
Exxon and Chevron Beat Q3 Earnings Forecasts with Record Oil Output Amid Price Drop

Exxon and Chevron Beat Q3 Earnings Forecasts with Record Oil Output Amid Price Drop

Exxon Mobil and Chevron reported stronger-than-expected Q3 2025 earnings, with Exxon earning $8.1 billion and Chevron $3.6 billion, driven by record production despite declining oil prices. Both compa...

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1 min
Exxon and Chevron beat profit forecasts despite weaker oil prices

Exxon and Chevron beat profit forecasts despite weaker oil prices

Oil giants Exxon Mobil and Chevron reported third-quarter earnings on Friday that came in stronger than expected, according to data provided by LSEG, despite falling oil prices and a 16% drop in U.S. ...

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1 min
Reported Trump-Putin Summit Cancellation Amid Ukraine Standoff and Russian Oil Sanctions

Reported Trump-Putin Summit Cancellation Amid Ukraine Standoff and Russian Oil Sanctions

The planned summit between U.S. President Donald Trump and Russian President Vladimir Putin in Budapest has been cancelled due to irreconcilable differences over Ukraine ceasefire terms. Moscow’s dema...

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1 min
Putin-Trump summit canceled as Moscow refuses to soften demands

Putin-Trump summit canceled as Moscow refuses to soften demands

The planned summit in Budapest between Donald Trump and Vlad Putin has been cancelled. The decision came after a tense call between U.S. Secretary of State Marco Rubio and Russian Foreign Minister Ser...

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1 min
Crypto Market Structure Bill: Senate Sources Indicate Draft Release As Soon As Tomorrow

Crypto Market Structure Bill: Senate Sources Indicate Draft Release As Soon As Tomorrow

According to crypto reporter Eleanor Terret and market expert MartyParty on social media platform X, the Senate Committee on Agriculture is nearing the release of its much-anticipated bipartisan draft...

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1 min
Trump and Xi Extend Trade Truce, Potentially Advancing U.S.-China Energy Deals

Trump and Xi Extend Trade Truce, Potentially Advancing U.S.-China Energy Deals

President Donald Trump announced China will increase U.S. energy purchases, including a major oil and gas deal in Alaska, as part of an extended trade truce with President Xi Jinping....

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1 min
President Trump teases Alaska oil and gas deal as China agrees to U.S. energy purchases

President Trump teases Alaska oil and gas deal as China agrees to U.S. energy purchases

U.S. President Donald Trump has announced that China is increasing its energy purchases from the U.S., highlighting a major oil and gas deal in Alaska. Trump withheld further details but mentioned tha...

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1 min
Biden Eyes Pro-Crypto Selig for CFTC Chair, Potentially Shaping XRP Oversight

Biden Eyes Pro-Crypto Selig for CFTC Chair, Potentially Shaping XRP Oversight

The Biden administration is advancing the nomination of Michael Selig as permanent chairperson of the US Commodity Futures Trading Commission (CFTC), a move that could clarify cryptocurrency regulatio...

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1 min
Mittal’s Indian Refinery May Have Received Sanctioned Russian Oil Shipments

Mittal’s Indian Refinery May Have Received Sanctioned Russian Oil Shipments

HMEL, Lakshmi Mittal’s Indian refinery, imported at least four cargoes of Russian crude oil worth $280 million between July and September, despite new U.S. sanctions imposed by President Trump. The...

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1 min
$280M of sanctioned Russian oil end up at Lakshmi Mittal’s Punjab refinery

$280M of sanctioned Russian oil end up at Lakshmi Mittal’s Punjab refinery

Lakshmi Mittal’s Indian refinery has taken in Russian oil for the first time since Donald Trump’s new sanctions dropped, and the shipments came in on ships that the U.S. government had already blackli...

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1 min
Russia’s Crucial Shift: Halting Foreign Currency Sales from Wealth Fund by 2026

Russia’s Crucial Shift: Halting Foreign Currency Sales from Wealth Fund by 2026

BitcoinWorld Russia’s Crucial Shift: Halting Foreign Currency Sales from Wealth Fund by 2026 A significant development is on the horizon that could reshape Russia’s financial strategy and send ripples...

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1 min