Commodities

Commodities News

Oil slides to near 2-week lows as Shanghai lockdowns stoke demand worries

By Yuka Obayashi TOKYO (Reuters) -Oil prices slumped to near two-week lows on Monday, extending losses from last week, as concerns grew that prolonged COVID-19 lockdowns in Shanghai and potential.

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Commodities News

Ukraine wants large amount of equipment for its nuclear power plants – IAEA

(Reuters) – Ukraine has asked the International Atomic Energy Agency for “a comprehensive list of equipment” it needs to operate nuclear power plants during the war with Russia, IAEA Director.

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Commodities News

Brazil’s Real Hammers South Africa’s Rand in Commodities Play

Rand has slumped to 22-month low against Brazil’s currency Real benefiting from demand for agricultural commodities By Robert Brand South Africa’s rand has slumped to its weakest level in 22.

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Commodities News

Commodities lose momentum, but supply risks relating to Russia, inflation concerns may continue to support prices

The next major event for commodities is Fed’s monetary policy decision in early May but until then commodities may get impact by development relating to Russia-Ukraine war as well as.

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Commodities News

Is it opportune to move from IT to commodity stocks?

Asit Manohar Stocks to buy today: After ushering in new year 2022, IT stocks have been underperforming. IT majors like TCS, Wipro, Infosys and HCL Tech shares have given zero return.

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Business Commodities News

Analyst raises Ukraine 2022/23 grain harvest, export forecast

KYIV (Reuters) – Analyst APK-Inform on Saturday raised its forecasts for Ukraine’s 2022/23 grain crop and exports due to a better than expected winter harvest. The consultancy said in a.

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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.

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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.

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Commodities News

Oil falls, posts nearly 5% weekly loss on growth concerns

By Arathy Somasekhar HOUSTON (Reuters) -Oil slipped on Friday, posting a weekly loss of nearly 5%, on the prospect of weaker global growth, higher interest rates and COVID-19 lockdowns in.

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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.

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