Commodities

Business Commodities News

After Flight to $2,000, Gold Sinks on Week as Fed Puts Screws on Rates

By Barani Krishnan Investing.com — Converse to the notion of all boats that rise in a high tide, hawkish talk by the Federal Reserve and other central banks is now.

Read More
Commodities News

Oil Slides as China’s Covid Puts EU-Russia on Back Burner

By Barani Krishnan Investing.com — Deja vu of a 2020 China in lockdown is weighing on oil, even as the EU-Russia face-off over Ukraine suggests crude prices have little way.

Read More
Commodities News

Indonesia bans palm oil exports as global food inflation spikes

By Fransiska Nangoy JAKARTA (Reuters) – Indonesia, the world’s top palm oil producer, announced plans to ban exports of the most widely used vegetable oil on Friday, in a shock.

Read More
Commodities News

Canada March producer prices up 4.0%, biggest monthly gain in 66 years

(Reuters) – Producer prices in Canada rose by a record 4.0% in March from February, on higher prices for energy and petroleum products, Statistics Canada said on Friday. This was.

Read More
Commodities News

Oil prices extend losses on growth concerns, Shanghai lockdown

By Sonali Paul and Isabel Kua (Reuters) -Oil prices extended losses on Friday, burdened by the prospect of interest rate hikes, weaker global growth and COVID-19 lockdowns in China hurting.

Read More
Commodities News

Europe suffered year of climate chaos in 2021 – EU report

By Gloria Dickie and Kate Abnett (Reuters) – Europeans endured the hottest summer on record last year, with wildfires, floods and intense heatwaves hitting the continent, according to a report.

Read More
Commodities News

For oil refiners, now is the summer of distillate content

By Laura Sanicola (Reuters) – Refiners are planning to spend the summer increasing jet fuel and diesel production instead of gasoline, traders and analysts said, favoring what have historically been.

Read More
Commodities News

Gold Up, but Set for First Weekly Loss in Three Over Strong U.S. Yields

By Gina Lee Investing.com – Gold was up on Friday morning in Asia but strengthening U.S. Treasury yields put bullion on course for its first weekly loss in three. Gold.

Read More
Commodities News

Oil Down, Set for Nearly 4% Drop as Fuel Demand Concerns Persist

By Gina Lee Investing.com – Oil was down on Friday morning in Asia and was set for a drop of nearly 4% for the week. U.S. interest rate hikes that could become.

Read More
Commodities News

For oil refiners, now is the summer of distillate content

By Laura Sanicola (Reuters) – Refiners are planning to spend the summer increasing jet fuel and diesel production instead of gasoline, traders and analysts said, favoring what have historically been.

Read More