Commodities

Commodities News

Oil Extends Gains as Investors Weigh Russian Ban, China Outlook

(Bloomberg) — Oil rose for a fourth session as traders weighed Germany’s pledge to ban Russian imports and the outlook for China’s virus lockdowns. West Texas Intermediate futures climbed above.

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Commodities News

U.S.’ Blinken says talked to Turkish FM, confident consensus on Sweden, Finland

(Refiles to remove extra word in last line) BERLIN (Reuters) – U.S. Secretary of State Antony Blinken said he had spoken to his Turkish counterpart on Ankara’s concerns regarding Sweden.

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Commodities News

Energy & Precious Metals – Weekly Review and Outlook

By Barani Krishnan Investing.com — The Federal Reserve is determined there will be no recession in America as it tries to curb the energy-fueled inflation coursing through the economy with.

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Business Commodities News

Iran says it can double its exports of oil

A weekend report of comments from a “top official” in Iran. Bloomberg (gated) carry the report, citing  Mohsen Khojastehmehr, managing director of the National Iranian Oil Co.. he spoke with reporters.

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Commodities News

Saudi Aramco net profit soars 82% in Q1 on high oil prices

DUBAI (Reuters) – State-owned oil producer Saudi Aramco on Sunday reported an almost 82% rise in first-quarter net income, broadly in line with analyst forecasts, helped by strong oil prices..

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Business Commodities News

Iran says it can double its exports of oil

A weekend report of comments from a “top official” in Iran. Bloomberg (gated) carry the report, citing  Mohsen Khojastehmehr, managing director of the National Iranian Oil Co.. he spoke with reporters.

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Commodities News

Unconfirmed reports that Kurdish forces have taken control of some oil wells in Iraq

Iraq’s state-run North Oil Company spoke with a media outlet on Saturday, saying a Kurdistan Regional Government (KRG) force had seized two oil wells in Bai Hassan oilfield in northern.

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Commodities News

IEA: Lower Demand Changes Everything For Oil Markets

Two months ago, the International Energy Agency sounded an alarm about global crude oil supply, predicting that Western sanctions on Russia would remove as much as 3 million barrels daily.

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Commodities News

UAE strongman Sheikh Mohammed bin Zayed named new president

DUBAI (Reuters) -The United Arab Emirates’ de facto leader Sheikh Mohammed bin Zayed al-Nahyan was elected president of the Gulf Arab state by a federal supreme council on Saturday, solidifying.

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Commodities News

Dust storm, hurricane-force winds tear destructive path across U.S. upper Midwest

By Christopher Walljasper and P.J. Huffstutter CHICAGO (Reuters) – Hurricane-force winds tore across the U.S. upper Midwest Thursday evening, sending walls of dust across cities and rural towns, causing widespread.

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