Commodities

Commodities News

Global cash crude prices tumble from record premiums versus futures

By Florence Tan, Julia Payne and Stephanie Kelly (Reuters) -Cash prices for key crude oil grades produced in the Middle East, Europe and the United States have slumped in recent weeks from.

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Oil Falls as Dollar Surge Offsets Plan for New Russia Sanctions

(Bloomberg) — Oil ended a volatile session lower as a stronger U.S. dollar offset a potentially bullish impact from plans by the U.S., European Union and Group of Seven nations.

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Oil climbs on prospect of fresh Russia sanctions

By Liz Hampton and Isabel Kua SINGAPORE (Reuters) – Oil futures extended gains on Tuesday as the United States and Europe planned new sanctions to punish Moscow over alleged war.

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Alaska oil field gas leak estimated at 7.2 million cubic feet

By Yereth Rosen ANCHORAGE, Alaska (Reuters) – More than 7.2 million cubic feet of natural gas escaped in a leak at a key Alaska oil field, forcing workers to evacuate and cutting.

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U.S. East Coast jet fuel costs soar on shortage fears

By Laura Sanicola (Reuters) -Jet fuel prices are soaring on the U.S. East Coast, home to some of the world’s busiest airports, with buyers anticipating a worsening shortage as supply.

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U.S. considers vaccines to protect poultry from deadly bird flu

By Tom Polansek CHICAGO (Reuters) – The U.S. Department of Agriculture is looking into vaccines as an option to protect poultry against deadly bird flu, the agency’s chief veterinary officer.

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U.S. East Coast jet fuel costs soar on shortage fears

By Laura Sanicola (Reuters) – Jet fuel prices are soaring on the U.S. East Coast, home to some of the world’s busiest airports, with buyers anticipating a growing shortage as.

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Oil inches up as supply concerns weigh despite reserves release, Yemen truce

By Florence Tan and Isabel Kua SINGAPORE (Reuters) -Oil prices inched higher on Monday as worries about tight supply persisted even as investors eyed the release of supplies from strategic.

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Exclusive-Climate change could cost U.S. budget $2 trillion a year by end century -White House

By Timothy Gardner WASHINGTON (Reuters) – Flood, fire, and drought fueled by climate change could take a massive bite out of the U.S. federal budget per year by the end.

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Oil prices fall after truce in Middle East conflict, SPR news

By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell at the start of Asian trade on Sunday, after the United Arab Emirates and the Iran-aligned Houthi group welcomed a truce.

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