Commodities

Commodities

Oil steady as supply outlook offsets strong dollar and China worries

By Ahmad Ghaddar LONDON (Reuters) -Oil prices were little changed on Friday as a strong dollar and concern over the economy of top oil importer China were countered by a.

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China lithium rebounds on Chile earthquake, but demand concerns persist

BEIJING (Reuters) – China’s lithium prices rebounded on Friday after a powerful earthquake hit Chile’s major lithium producing region, although growing demand concerns weighed on the metal used in electric.

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Exclusive-ExxonMobil selling Malaysia oil and gas assets to Petronas, sources say

By Yantoultra Ngui and Florence Tan SINGAPORE (Reuters) – Exxon Mobil Corp (NYSE:XOM) has agreed to sell its Malaysian oil and gas assets to state energy firm Petronas, exiting the country’s upstream.

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Oil trades in narrow range since 2022 on OPEC+, sanctions and demand worries

By Ahmad Ghaddar and Alex Lawler LONDON (Reuters) – Brent crude oil has been trading in a tight range of $75-$90 a barrel since late 2022 as OPEC+ cuts keep a floor.

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Oil rises as US inflation eases

By Paul Carsten LONDON (Reuters) – Oil prices rose on Friday amid signs of easing inflationary pressures in the United States, the world’s biggest oil consumer, though Brent crude was still set.

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ConocoPhillips, Marathon Oil get second US FTC request over $22.5 billion deal

(Reuters) – Top U.S. independent oil producer ConocoPhillips (NYSE:COP) said on Friday it received a second request from the U.S. Federal Trade Commission for information on its proposed acquisition of.

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Oil holds its ground as Chinese demand concerns weigh

By Alex Lawler and Arunima Kumar LONDON (Reuters) – Oil held its ground on Monday as downward pressure from concern about demand in top importer China offset support from strong.

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Oil prices settle down after data shows weaker US consumer sentiment

By Nicole Jao NEW YORK (Reuters) -Oil futures prices settled slightly lower on Friday as investors weighed weaker U.S. consumer sentiment against mounting hopes for a Federal Reserve rate cut.

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Commodities News

ConocoPhillips, Marathon Oil get second US FTC request over $22.5 billion deal

(Reuters) – Top U.S. independent oil producer ConocoPhillips (NYSE:COP) said on Friday it received a second request from the U.S. Federal Trade Commission for information on its proposed acquisition of.

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Commodities News

Oil prices lifted by summer demand hopes

By Arunima Kumar (Reuters) -Oil prices rose on Monday, helped by expected peak summer consumption and OPEC+ production cuts, though gains were capped by rising output from other producers and.

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