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Commodities News

U.S.-Mexico migration talks ‘constructive,’ not ‘threatening’ -White House

By Jarrett Renshaw and Matt Spetalnick WASHINGTON (Reuters) -U.S. President Joe Biden had “constructive” talks with Mexican counterpart President Andres Manuel Lopez Obrador on Friday, the White House said, as.

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U.S. EPA issues waiver to allow temporary sales of summertime higher-ethanol fuel

By Stephanie Kelly NEW YORK (Reuters) -The U.S. Environmental Protection Agency issued an emergency waiver for a higher-ethanol gasoline blend on Friday, allowing summertime sales of the fuel in an.

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Exxon, Chevron post big revenues, but Wall Street shrugs

By Sabrina Valle (Reuters) -The two largest U.S. oil companies on Friday posted big revenues in the first quarter, but analysts said Exxon Mobil Corp (NYSE:XOM) and Chevron Corp (NYSE:CVX) fell short of expectation.

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Oil prices reverse late in session as heating oil contract plunges

By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell on Friday, reversing in volatile trade, pulled downward by the U.S. heating oil contract that plummeted by more than 20% at one point.

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Saudi Arabia may cut June crude prices to Asia from record highs

By Florence Tan and Muyu Xu SINGAPORE (Reuters) – Top oil exporter Saudi Arabia may cut prices for crude grades sold to Asia in June after benchmarks slumped from records.

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Eni Q1 profits soar on high oil prices

MILAN (Reuters) -Italian energy group Eni said profits in the first quarter soared above expectations on the back of booming oil and gas prices stoked by Russia’s invasion of Ukraine..

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N. American oil companies scramble to find workers despite boom

By Liz Hampton, Stephanie Kelly and Nia Williams (Reuters) – When Jeremy Davis was laid off from his oilfield job in Texas in 2020, he did not want to leave.

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More of Europe’s crude supply is coming from deep in the heart of Texas

By Arathy Somasekhar and Stephanie Kelly HOUSTON (Reuters) – U.S. crude exports to Europe climbed in March and April as buyers across the Atlantic snapped up the country’s light sweet grades to.

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Gold Up, But Set for Worst Month in Seven Over Fed Concerns

By Gina Lee Investing.com – Gold was up on Friday morning in Asia, as worrying U.S. GDP data drove some investors towards the safe-haven asset. However, the yellow metal is set for.

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Rosneft issues June ESPO crude tender, requests for rouble payment

SINGAPORE (Reuters) – Russia’s top producer Rosneft (MM:ROSN) has issued a tender to sell June-loading ESPO Blend crude, in another attempt to get buyers to pay for supplies in full.

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