Commodities

Commodities News

Gold Up, Investors Await Inflation Data

By Gina Lee Investing.com – Gold was up on Tuesday morning in Asia over the weakening dollar. Investors now await inflation data. Gold futures were up 0.24% to $1,863.89 by 12:50.

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Commodities News

Oil tumbles on global economic worries, strong dollar

By Florence Tan (Reuters) – Oil prices tumbling more than 1% on Tuesday, extending the previous day’s steep declines as coronavirus lockdowns in top oil importer China, a strong dollar.

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Commodities News

Exclusive: Biden sidelined global energy partners with record emergency oil release – sources

By Noah Browning and Dmitry Zhdannikov LONDON (Reuters) – The United States announced a record-sized release of emergency crude oil reserves in March without consulting partners in the International Energy Agency, leaving.

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Oil slips on global economic concerns, ahead of EU vote on Russia oil ban

By Florence Tan SINGAPORE (Reuters) -Oil prices slipped on Monday, along with stock markets in Asia, sparked by fears a global recession could dampen oil demand, with investors eying European.

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Trudeau: Canada to be good energy partner with Europe but won’t compromise climate goals

By Tom Balmforth KYIV (Reuters) – Canada wants to be a good energy partner to Europe but will not abandon its climate goals and planned transition to cleaner fuels, Canadian.

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EU edges towards oil sanctions on Russia, no deal yet

BRUSSELS (Reuters) – European Union governments moved closer on Sunday to agreeing tough sanctions against Russia that include a ban on buying Russian oil, but scheduled more talks for Monday.

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Business Commodities News

Saudi Aramco has lowered its oil price, cut from record levels

Saudi Arabia lowered the price of its Arab Light crude grade to Asia and Europe for the month of June Oil producer Saudi Aramco released the new pricing on Sunday. price of.

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Germany’s conservatives on track to win vote in northern state

By Riham Alkousaa BERLIN (Reuters) – Germany’s conservatives look set to come first in a regional election in the northern state of Schleswig-Holstein on Sunday in a boost to former.

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Commodities News

OPEC Stays Silent As EU Rushes To Ban Russian Oil

The Organisation of Petroleum Exporting Countries and its partners in OPEC+ led by Russia decided this week they would not increase their target production figure for next month. Effectively, OPEC+ slapped the.

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Commodities News

NOPEC: America’s Last Stand Against OPEC’s Drift To The East

By Simon Watkins  The passing on Thursday by a U.S. Senate committee of the ‘No Oil Producing or Exporting Cartels’ (NOPEC) bill is the surest sign yet that Washington has finally.

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