September
Five Key Charts to Watch in Global Commodities This Week
London Metal Exchange’s annual LME Week gathering is underway, bringing together traders and analysts amid copper’s latest upswing. Sugar futures are on track for their best month since January. And US utilities are outshining other industry groups in the S&P 500, thanks in part to AI demand.
COP Presidencies launch ‘Rio Trio’
COP29 President-Designate Mukhtar Babayev met with incoming Rio Convention Presidents to officially launch the Rio Trio Initiative, a pioneering partnership between the Government of the Republic of Azerbaijan, the Government of the Republic of Colombia, and the Government of the Kingdom of Saudi Arabia.
Woodside completes $2.35 billion acquisition of OCI Clean Ammonia
Woodside has completed the acquisition of 100% of OCI Clean Ammonia Holding B.V., which holds its lower carbon ammonia project in Texas, US$2.35 billion.
