DUBAI / WAM In August, for the first time, the Dubai Gold and Commodities Exchange (DGCX), traded over three million contracts in one month, surpassing its previous record of 2.38 million contracts set in July. The 3.22 million lots traded and cleared in August were valued at $52.72 billion, also a new record. The exchange recorded its highest-ever daily volume …

Bloomberg With oil trading below Saudi Arabia’s break-even level, energy policy is a top priority for the world’s biggest crude exporter. Following the loss of most of his domestic portfolio, Energy Minister Khalid Al-Falih will now have more time to work on balancing the market. Saudi Arabia will split the vast energy, industry and mining portfolio that Al-Falih had run …

Bloomberg Europeans can massively expand low-cost solar generation just by tapping the space over their heads. That’s the conclusion of researchers who used satellite imagery, electricity prices and lending data to assess untapped energy potential of Europe’s buildings. Rooftop area three times the size Luxembourg is available and could economically supply almost a quarter of the bloc’s power, according to …