Tesla CEO Elon Musk revealed that Micron Technology (MU.US) has recently supplied Tesla (TSLA.US) with a "large amount" of memory chips, meeting the carmaker’s growing demand for this increasingly scarce resource. Musk stated that, amid a shortage and soaring prices for memory chips, the terms of Micron’s deal supplying Tesla were very reasonable. In the long run, Musk is working towards in-house semiconductor production. The billionaire has launched an ambitious project called "Terafab," aimin

The off-market gold price (measured in RMB) has surpassed the 950 yuan per gram threshold, with an intraday increase of 0.5%. Recently, driven by factors such as heightened global risk aversion and strong ongoing central bank gold purchases, gold’s value-preservation and anti-inflation attributes have become more prominent. As a result, investment and consumption enthusiasm for various gold-related products in China has risen, and fluctuations in the off-market gold price have become a key mark

Petrobras has discovered signs of oil and gas in an exploratory well located in block FZA-M-59 in the Amazon River mouth basin.

Barclays: Maintains its Brent crude oil price forecast at $96 per barrel for 2026.

Abu Dhabi National Oil Company (ADNOC) stated that one of its vessels was attacked while passing through the Strait of Hormuz on August 14.