Brent Oil is down by 5%

Drilling imminent at Namibia oil deposit, TotalEnergies says Namibia has attracted other energy majors, including Shell and BP, with a series of large offshore discoveries. Drilling is imminent at Namibia’s Mopane oil deposit, TotalEnergies L impact | COMMODITIES | Nov 02, 2026, 02:40 PM UTC

African lenders launch $5B energy bank The new bank aims to bridge a financing gap as many major Western lenders retreat from financing fossil fuel projects. African lenders launched a $5 billion energy bank focused on L impact | COMMODITIES | Nov 02, 2026, 02:38 PM UTC

Gold Rises ₹500 to ₹1,42,500 per 10 Grams in Delhi Gold prices recovered ₹500 to ₹1,42,500 per 10 grams in Delhi on Monday, with festive buying ahead of Diwali supporting demand. Silver remained steady in Delhi. M impact | COMMODITIES | Nov 02, 2026, 02:36 PM UTC

Stocks rose alongside bonds as hopes for diplomatic efforts to end the months-long conflict in Iran fuelled a drop in oil prices, alleviating inflation concerns. [08:30 ET] Iran's President Pezeshkian: The Supreme Leader has granted the government certain authorities regarding negotiations - ISNA [US Dollar & Oil Weakened, Stock Indexes Strengthened] Stocks rose alongside bonds as hopes for diplomatic efforts to end the months-long conflict in Iran fuelled a drop in oil prices, alleviating inflation concerns. [08:30 ET] Iran's H impact | COMMODITIES | Nov 02, 2026, 02:35 PM UTC

Stocks of crude oil in the US SPR fell to 282.2 million barrels last week, the lowest level since 1982 L impact | COMMODITIES | Nov 02, 2026, 02:26 PM UTC

Silver Surges 4% Silver jumped around 4% to $50.80 an ounce on Monday, rebounding from 11-month lows, as declining oil prices eased inflation concerns, while investors shifted their focus to the No H impact | COMMODITIES | Nov 02, 2026, 02:17 PM UTC

Brent Oil is down by 5%

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