Commodities

Commodities News

Oil Set for Second Weekly Gain on Signs Global Market Tightening

(Bloomberg) — Oil headed for its first back-to-back weekly gain since early March on signs the market is tightening as the European Union moved toward banning Russian crude and the.

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Gold Up, but Set for Third Weekly Loss Ahead of Latest U.S. Jobs Report

By Gina Lee Investing.com – Gold was up on Thursday morning in Asia but is on track for a third consecutive weekly loss. The U.S. dollar and Treasury yields both rallied over.

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U.S. fuel prices surge faster than crude as exports tighten market

By Stephanie Kelly NEW YORK (Reuters) – U.S. fuel prices have surged faster than crude oil prices in the last month, as the United States has shipped more refined products.

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Explainer: Why are U.S. natural gas prices soaring?

(Reuters) – U.S. natural gas prices are surging, with the benchmark futures contract rising to a 13-year high of $8.74 per million British thermal units, at a time when that fuel’s price.

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Oil rises, defying stock market falls as supply concerns persist

By Florence Tan and Laura Sanicola (Reuters) -Oil prices climbed for a third straight session on Friday, shrugging off concerns about global economic growth as worries about tightening supplies underpinned.

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Analysis-War a lost opportunity for Turkey’s westward outreach

By Tuvan Gumrukcu and Jonathan Spicer ANKARA (Reuters) – Before travelling to Moscow last week, U.N. Secretary-General Antonio Guterres stopped over in Ankara to meet Tayyip Erdogan and praise the.

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Gold Up, Fed Hikes Interest Rates but Remains Within Expectations

By Gina Lee Investing.com – Gold was up on Thursday morning in Asia, after the U.S. Federal Reserve hiked interest rates in its latest effort to curb inflation. The Fed.

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Prolonged truce needed for Mariupol evacuations, Ukraine’s president says

By Natalia Zinets KYIV (Reuters) -Civilians including women and children are still trapped inside Ukraine’s besieged city of Mariupol and a prolonged ceasefire is needed to ensure their evacuation as.

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What would be the impact of Russian oil sanctions in Europe?

LONDON (Reuters) -The European Union has proposed a phased embargo of Russian oil, tightening its sanctions on Moscow for its invasion of Ukraine. What would the impact be of banning.

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Explainer: Why NOPEC, the U.S. bill to crush the OPEC cartel, matters

By Timothy Gardner WASHINGTON (Reuters) – A U.S. Senate committee is expected to pass a bill on Thursday that could open members of the Organization of the Petroleum Exporting Countries.

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