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$102.14/bbl  ▲ +0.34%$96.90/bbl  ▲ +0.21%$846/MT  ▲ +0.18%$1090/MT  ▲ +0.55%$450/MT  ▼ -0.15%$470/MT  ▲ +0.08%
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📅 2026-05-13T14:03:09.000Z
📡 Source: finance.yahoo.com
🌍 Global Markets
EN590 COMMODITIES GROUP

President Trump’s trip to China is underway, and he’s being joined by a handful of some of Big Tech’s most prominent executives.

Tesla’s (TSLA) Elon Musk, Apple’s (AAPL) Tim Cook, and Nvidia’s (NVDA) Jensen Huang, a surprise addition to the group, will be in attendance.

The Musk versus OpenAI (OPAI.PVT) trial also continues in its second week on Wednesday.

On Tuesday, OpenAI CEO Sam Altman took the stand, laying out hisprior misgivings about Musk’s attemptsto become CEO of the company.

But he also faced questions aboutallegations that he lied to executivesand OpenAI’s board over the years.

Musk’s lawsuit against one of the world’s most valuable private companies has provided a number of details about the inner workings of OpenAI and the relationships between Musk, Altman, president Greg Brockman, former chief technology officer Mira Murati, and former board member and mother of four of Musk’s children, Shivon Zilis.

Looking ahead this week, AI chipmaker Cerebras is expected to make a splashy public debut.

The company filed paperwork on Monday, increasing its initial public offering to 30 million shares with the goal of raising up to $4.8 billion,Bloomberg reported.

The startup counts Amazon (AMZN) and OpenAI (OPAI.PVT) among its customers, and its inital public offering is likely to be the biggest IPO of 2026 so far.

Alphabet’s (GOOG) Google and SpaceX (SPAX.PVT) are in advanced discussions to launch data centers in space, theWall Street Journalreported on Tuesday.

The talks come as SpaceX prepares for what is expected to be thelargest initial public offeringin history this summer.

Orbital data centers have become a big piece of SpaceX's pitch to prospective investors, with CEO Elon Musk positioning them as the company's next major commercial product.

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📊 Indicative Market Prices · May 13, 2026 · 17:16 UTC
Product Price Change
Brent Crude$102.14/bbl▲ +0.34%
WTI Crude$96.90/bbl▲ +0.21%
EN590 Diesel$846/MT▲ +0.18%
Jet Fuel A-1$1090/MT▲ +0.55%
Mazut M100$450/MT▼ -0.15%
Bitumen 60/70$470/MT▲ +0.08%
Sulphur Gran 99.5%$470/MT▼ -0.44%
Urea 46% Gran$650/MT▲ +1.12%
NPK 16-16-16$460/MT▼ -0.28%
Nat Gas TTF$15.42/MMBtu▲ +0.92%
* Indicative prices for reference only. Contact us for firm offers.
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25 YEARS OF EXPERTISE.
YOUR TRUSTED COMMODITY PARTNER.

Our company's foundation was built not in a trading room — but deep in the field. For over 25 years, we operated at the forefront of mineral exploration and extraction, working directly with geologists, engineers, and production teams across multiple continents.

That immersion in the full supply chain — exploration, extraction, production, and transportation — gave us an unmatched understanding of real commodity economics. 15 years ago, we leveraged this expertise to enter global commodity trading.

Today, from our base in New York, USA, we serve clients in 75+ countries with: EN590 Diesel · Crude Oil · Jet Fuel A-1 · Mazut M100 · Bitumen · Natural Gas · Sulphur 99.5% · Urea 46% · NPK Fertilizers — and the technical expertise to back every transaction.

"We don't just supply commodities — we solve your energy and resource challenges. Whatever your technical requirement, whatever your volume — contact us. We will find a solution."
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