INSUBCONTINENT EXCLUSIVE:
This week features crucial earnings from oil giants BP Plc and TotalEnergies SE, along with Bunge Global SA, Orsted A/S, and ArcelorMittal
(Photo internet reproduction)Toby Rice, CEO of EQT Corp., is set to express his concerns before a House subcommittee, emphasizing the
negative impact on emissions and global energy security.A Senate hearing, led by Joe Manchin, will further scrutinize the decision, which
without free trade agreements, which is essential for advancing projects and securing funding.Wood Mackenzie urges permit extensions by
drilling costs this year, despite a rise in labor costs.High oil and gas wages challenge shale explorers to boost efficiency with fewer
drilling and fracking teams for cost-effectiveness.Agricultural WatchSoybean futures in Chicago feel the pressure from slow US exports and
production to a record 217.3 million metric tons.The upcoming USDA report on Thursday is eagerly anticipated for the latest insights on
foreign crops.Metals MarketSpot gold trades sideways above $2,000 an ounce as the market evaluates Federal Reserve policy
directions.Gold-backed ETFs have seen eight consecutive months of capital outflows, suggesting a cautious investor stance.However, the World
Gold Council anticipates a potential mid-year shift, spurred by expected central bank rate cuts and current geopolitical risks.Maritime
ShiftsMaritime traffic near the Cape of Good Hope remains high as vessels bypass Red Sea transit risks.Despite higher costs, the alternative
CMA CGM SA suspends Red Sea operations due to militant threats.Interconnected are global policies, market reactions, and commodity prices