Commodities

Commodities News

Oil Up Over Signs of Tight Market, EU Continues with Plan to Ban Russian Supplies

By Gina Lee Investing.com – Oil was up on Thursday morning in Asia, extending a cautious rally as signs of a tight market emerge. The European Union (EU)’s clash with Hungary.

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Oil Inventories Unexpectedly Climb by 0.6M Barrels Last Week: API

By Yasin Ebrahim Investing.com — U.S. crude oil inventories unexpectedly rose last week, the API reported Tuesday, but gasoline stocks fell exacerbating concerns about higher gas prices with just days to.

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Ukraine’s embattled farmers running on empty as world faces food crisis

By Gus Trompiz and Bozorgmehr Sharafedin PARIS/LONDON (Reuters) – After making it through the spring planting season, sometimes with the help of bulletproof vests and helmets, Ukraine’s farmers are facing.

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Gold Up As Uncertainty of Inflation Remains

By Gina Lee Investing.com – Gold was up on Wednesday morning in Asia, with inflation’s uncertain path giving the yellow metal a boost. Gold futures were up 0.26% to $1,860.30 by.

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Oil prices climb on prospects for tighter supply as demand rises

By Arathy Somasekhar HOUSTON (Reuters) – Oil prices rose in early trade on Wednesday, boosted by tight supplies and the prospect of rising demand from the upcoming start of the.

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Oil steadies after choppy trade, U.S. says export ban not ruled out

By Stephanie Kelly NEW YORK (Reuters) -Oil prices steadied on Tuesday after choppy trade as tight supply worries offset concerns over a possible recession and China’s COVID-19 curbs. Prices turned.

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Russian invasion of Ukraine is a global issue, says Biden

By Oleksandr Kozhukhar and Hans-Edzard Busemann LVIV, Ukraine/BERLIN (Reuters) -U.S. President Joe Biden said on Tuesday that the crisis in Ukraine was a global issue which heightened the importance of.

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Cargoes of Russia’s flagship crude oil at sea climb to record high

HOUSTON (Reuters) – Some 62 million barrels of Russia’s flagship Urals crude oil, a record amount, are sitting in vessels at sea, data from energy analytics firm Vortexa showed, as traders.

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Global gas crunch claims first Australian trading casualty

By Sonali Paul MELBOURNE (Reuters) – A gas seller that supplied 7% of the eastern Australian market has collapsed due to soaring global gas prices, the first significant casualty in.

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Oil Down As Worries About Recession Grow

By Gina Lee Investing.com – Oil was down on Tuesday morning in Asia as investors’ concerns about a possible recession and weaker consumption grew. Brent oil futures fell 0.44% to $110.29.

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