Palm Oil Set to Post Second Straight Weekly Gains

National Grid to Sell LNG Terminal to Centrica Consortium in $2 Billion Deal

Grain LNG comprises two National Grid subsidiaries which own and operate the U.K.'s largest liquefied natural gas import terminal under-long term contracts.

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Oil Futures Bounce Back Ahead of U.S.-Russia Summit

Oil futures rebounded from two days of selling driven by bearish supply-demand outlooks from the EIA and the IEA, settling higher ahead of Friday's closely watched U.S.-Russia summit.

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U.S. Natural Gas Futures Hold Their Ground

U.S. natural gas futures edged up as a weekly inventory report landed in line with expectations.

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RWE Sticks to Full-Year Guidance After Earnings Decline

Weak trading, as well as unfavorable weather conditions that hampered wind production, contributed to the decline in earnings.

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Energy & Utilities Roundup: Market Talk

Find insight on oil futures, RWE, Oil India, Origin Energy and more in the latest Market Talks covering Energy and Utilities.

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Nuclear Power Is Having a Pop Culture Moment

Atomic energy has attracted influencers, spawned merch and even made a cameo on ESPN's 'College GameDay.'

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U.S. Crude Oil Stockpiles Post Weekly Build

U.S. crude oil inventories rose by 3 million barrels last week as domestic production and imports increased.

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Vestas Wind Systems Confirms Outlook Despite Drop in Orders

Quarterly order intake fell 44% due to policy uncertainty. The Trump administration has repeatedly criticized the wind-energy industry.

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Scrappy Gas Billionaires Win Major Arbitration Case Against Shell

Venture Global's Michael Sabel and Robert Pender fend off challenge that hung over the company's future.

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OPEC Lifts 2026 Oil Demand View as It Continues to Boost Output

The raised forecast comes as the global economy was now projected to grow 3% this year, up from 2.9% previously.

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E.ON Backs Guidance as Adjusted Earnings Rise

The utility confirmed its full-year guidance as adjusted earnings for the first half increased, boosted by higher investments.

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Venture Global Posts Higher Profit, Revenue

Venture Global logged higher profit and more than doubled its revenue in its latest quarter as liquefied natural gas sales volumes rose.

Copper futures hovered around $4.47 per pound on Friday, on track to finish the week little changed as investors continued to assess supply-side disruptions.

The suspension of underground operations at Codelco’s El Teniente mine cut near-term output estimates by 20,000–30,000 metric tons.

Still, the Chilean state-owned copper miner reaffirmed its $9,500-a-ton price forecast for the next two years.

Meanwhile, prices stayed near four-month lows as traders assessed the implications of US tariff exemptions on certain copper products.

Refined copper was excluded from the planned 50% US import tariffs, leaving domestic traders holding large stockpiles.

Instead, the duties will target semi-finished copper goods such as wires and pipes, while sparing ore, cathodes, and concentrates — the most common US copper imports.

Iron ore is lower in early Asian trading. Investors' sentiment has cooled on tighter market regulation, leading to sharp declines in prices of coking coal, according to Nanhua Futures analysts. That in turn dragged down iron-ore prices, they say. Overall, prices are likely to stay rangebound in the near term, as iron ore's fundamentals remain stable, they write in a commentary. The most-traded iron-ore contract on the Dalian Commodity Exchange falls 1.4% to CNY774.0 a ton. (tracy.qu@wsj.com)

Silver prices held below $38 per ounce on Friday after tumbling more than 1% in the previous session, as hotter-than-expected US producer inflation dampened hopes for a supersized Federal Reserve rate cut in September.

Weekly jobless claims also came in at 224,000, under the 228,000 forecast, pointing to some labor market resilience.

Markets still assign over a 90% chance of a 25-basis-point cut next month, but odds of a larger 50 bps move have been erased.

Additionally, St. Louis Fed President Alberto Musalem said Thursday that a half-point cut is not warranted, a day after Treasury Secretary Scott Bessent suggested it was possible.

On the geopolitical front, US President Donald Trump and Russian President Vladimir Putin are set to meet in Alaska later Friday in a bid to end the war in Ukraine.

Aluminum trades higher in the Asian session, with the three-month LME contract adding 0.2% to $2624.00 a ton. China's demand for aluminum appears to be picking up, compared with a year earlier. Citi says its calculations made with inventory data from Chinese consultant Mysteel show China's year-to-date overall aluminum apparent consumption is likely 4.9% higher on year. Apparent consumption of aluminum ingots and billets over the same period are also 4.2% and 8.0% higher, respectively, Citi estimates. Citi views ingot and billet inventory data as more representative for calculating overall aluminum demand. (megan.cheah@wsj.com)

Gold prices hovered below $3,340 per ounce on Friday, retaining losses from the previous session and on track for its worst week since late June, as hotter-than-expected US data tempered hopes for a large Fed rate cut.

US producer prices in July rose at its fastest pace in three years, well above forecasts, signaling that companies are passing higher import costs from tariffs onto consumers.

Traders are now leaning toward a 25-basis-point rate cut next month, followed by another in October, reflecting Fed’s Mary Daly’s comments opposing a 50-basis-point cut in September.

Investor focus is shifting to whether Fed Chair Jerome Powell will provide new guidance on monetary policy at the central bank’s annual economic symposium in Jackson Hole, Wyoming, next week.

On the geopolitical front, expectations remain cautious that Friday’s summit between Donald Trump and Vladimir Putin will produce a major breakthrough on the Ukraine war.