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Energy and commodity industry news collected daily by LIVERSE.

2026.09.03EnergyRussia’s oil revenue hits six-month low as Ukraine strikes and falling prices squeeze the Kremlin’s budgetRussia's declining oil revenue exacerbates its budget deficit, highlighting the economic strain from ongoing geopolitical conflicts and sanctions. The post Russia’s oil revenue hits six-month low as Ukraine strikes and falling prices squeeze the Kremlin’s bud…Crypto Briefing↗2026.09.03EnergyCrude oil nears $97 a barrel, diesel at highest since 2022Diesel averaged $5.78 a gallon Thursday, up more than 53% since the war with Iran began in late FebruaryQuartz India↗2026.09.03EnergyOil touches $97 per barrel as diesel prices surge to highest level this yearThe price of crude oil rose on Thursday, part of a monthlong run that has helped push the average cost of diesel fuel to its highest level since 2022.NBC News↗2026.09.03EnergyUK Borrowing Costs Surge as Oil Shock Rattles Global MarketsThe global rise in borrowing costs is a “particular concern,” the International Monetary Fund has said, as UK bond yields reach a level last seen in the financial crisis. The yield on the 10-year UK gilt climbed four basis points on Wednesday morning to near …OilPrice.com↗2026.09.03EnergyTrump administration ratchets up its fight to get more oil flowing from CaliforniaThe Trump administration has been fighting with California officials over offshore oil projects and the state's coastal commission, which works to protect the state's shoresKPBS↗2026.09.03EnergySouthern California’s Labor Day travel plans rocked by gas, lodging costsPeople are reaching deep into their pockets to pay for gas this Labor Day — limiting how far they’re willing to travel.Medianewsgroup.com↗2026.09.03Non-ferrousWhen AI changes the world's demand for copperBehind the growth of artificial intelligence on screens and in data centers lies a physical requirement that is easy to overlook: metal, particularly copper, ...Antaranews.com↗2026.09.03EnergyRussia’s Oil Revenue Sinks as Urals Falls to $59Russia collected 326.2 billion rubles, or about $3.76 billion, in net oil revenue in August, down 22% from a year earlier and the lowest monthly total since February. Russia’s tax authority calculated August oil revenues using a crude price of just over $59 p…OilPrice.com↗2026.09.03Non-ferrousFEDS Note: Revisiting the Forecasting Potential of Futures PricesAlex Haag, Colin J. Hottman, and Amanda TinkhamAmid the largest global oil supply shock in history, oil futures prices moved up much less than many expected. The steep backwardation in oil futures from the Strait of Hormuz's closure sparked a spirited debate …Federalreserve.gov↗2026.09.03EnergyDiesel Jumped 10 Cents Overnight, Could Set New All-Time Record Within DaysDon't get me wrong, as someone who lives in the land of lifted bro trucks, I'm not above a little schadenfreude.Jalopnik↗

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