Commodities

Commodities News

Biden Is Set to Meet With Utilities in New Push for Climate Spending

President Joe Biden is set to meet Wednesday with the leaders of some of the nation’s largest electric utilities, as he continues to push for lawmakers to approve $550 billion.

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Oil prices climb after API data shows surprise drop in U.S. stocks

Oil prices climbed on Wednesday after two sessions of losses as industry data showed an unexpected drop in U.S. crude and fuel stocks, offsetting concerns of a possible rise in supplies from.

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Gold Up Despite Growing Expectations on the Fed’s Interesting Hikes and Rising Yie

Gold was up on Wednesday morning in Asia given the ongoing pressure from U.S. inflation. However, rising U.S. treasuries yield and growing expectations on U.S. Federal Reserve interest rate hikes kept.

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Equinor posts record Q4, hikes dividend and share buybacks

Norway’s Equinor posted record pretax profits for the fourth quarter on Wednesday, driven by a boom in oil and gas prices and said it will raise its dividend and increase.

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Oil slips from 7-year highs ahead of more U.S.-Iran talks

Oil prices eased on Tuesday morning ahead of the resumption of indirect talks between the United States and Iran which may revive a nuclear deal that could lead to the.

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Commodities News

Oil – ‘spectre of Iranian oil hitting the market’

Over the weekend we had the news: Biden restores Iran civilian nuclear sanctions relief in sign of deal progress. Watch oil I posted a reminder on Monday in case you.

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Commodities News

Oil slips from 7-year highs ahead of more U.S.-Iran talks

Oil prices eased on Tuesday ahead of the resumption of indirect talks between the United States and Iran which may revive a nuclear deal that could lead to the removal.

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Commodities News

Gold Down, but Remains Near One-Week High Thanks to Inflation

Gold was down on Tuesday morning in Asia, although persistent inflationary pressuring gave the safe-haven yellow a boost. Investors also await U.S. inflation data later in the week. Gold futures inched.

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If Russia invades Ukraine, there will be no Nord Stream 2, Biden says

U.S. President Joe Biden on Monday warned that if Russia invades Ukraine, there would be no Nord Stream 2, but did not specify how he would go about ensuring the.

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Exclusive-Mexico’s Pemex sharply cuts oil supply to India as it readies new refinery -sources

Mexico’s state-run oil firm Pemex has sharply reduced crude exports to India, the third largest market for its oil, amid preparations for a new refinery expected to absorb more of.

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