Market News Today

The Minister of Power, Joseph Tegbe, on Friday inagurated a ministerial committee to end vandalism of power infrastructure.

UBS maintains a bullish outlook on copper, forecasting the market deficit to expand significantly from 219,000 metric tons in 2026 to 379,000 metric tons by 2027.

Voters face persistent financial pressure as prediction markets indicate that high gas prices will remain elevated leading up to the 2026 midterm elections, making affordability a top concern.

US Gulf Coast refineries will likely avoid direct hits from Hurricane Isaias, though residual regional shipping delays and port closures are expected to impact exports.

Diesel and shipping markets face severe strain despite recovering crude flows, driving Asian and European buyers to seek more US oil and refined products.

Market participants completed the physical performance of 5.5 million barrels of Oman crude for September loading during the Platts Middle East crude Market on Close assessment process.

The G7's planned release of up to 100 million barrels of diesel and crude oil over four months has triggered a futures sell-off, potentially easing tight spot markets and lowering physical values.

Italy has successfully fulfilled its March oil stocks release commitments and remains prepared to supply additional oil as soon as other European nations complete their respective quotas.

Delhi issued show-cause notices to various agencies over dust pollution violations at construction sites. The crackdown is part of the Winter Pollution Action Plan to enforce strict environmental compliance.

Pending fire safety clearances have stalled 81 Garba event permissions in Ahmedabad just two days before Navratri, while only two of 18 rural applicants have received approval.