Commodities

Commodities News

Europe suffered year of climate chaos in 2021 – EU report

By Gloria Dickie and Kate Abnett (Reuters) – Europeans endured the hottest summer on record last year, with wildfires, floods and intense heatwaves hitting the continent, according to a report.

Read More
Commodities News

For oil refiners, now is the summer of distillate content

By Laura Sanicola (Reuters) – Refiners are planning to spend the summer increasing jet fuel and diesel production instead of gasoline, traders and analysts said, favoring what have historically been.

Read More
Commodities News

Gold Up, but Set for First Weekly Loss in Three Over Strong U.S. Yields

By Gina Lee Investing.com – Gold was up on Friday morning in Asia but strengthening U.S. Treasury yields put bullion on course for its first weekly loss in three. Gold.

Read More
Commodities News

Oil Down, Set for Nearly 4% Drop as Fuel Demand Concerns Persist

By Gina Lee Investing.com – Oil was down on Friday morning in Asia and was set for a drop of nearly 4% for the week. U.S. interest rate hikes that could become.

Read More
Commodities News

For oil refiners, now is the summer of distillate content

By Laura Sanicola (Reuters) – Refiners are planning to spend the summer increasing jet fuel and diesel production instead of gasoline, traders and analysts said, favoring what have historically been.

Read More
Commodities News

Japan ruling bloc set to agree extra budget for economic relief – Kyodo

By Kantaro Komiya and Tetsushi Kajimoto TOKYO (Reuters) -Japan’s ruling coalition is set to agree on a supplementary budget to fund economic relief measures to help households and small business.

Read More
Commodities News

Oil firms as investors focus on supply drop from Russia, Libya

By Mohi Narayan and Sonali Paul (Reuters) -Oil prices firmed in choppy trade on Thursday as concerns about supply due to a potential European Union (EU) ban on Russian oil.

Read More
Commodities News

Gold Down as U.S. Yields Resume Rally

By Gina Lee Investing.com – Gold was down on Thursday morning in Asia, with rebounding U.S. Treasury yields countering safe-haven demand from the ongoing war in Ukraine and its potential impact on.

Read More
Commodities News

Oil Up, but Remains in Narrow Range Over Tight Supplies

By Gina Lee Investing.com – Oil was up on Thursday morning in Asia but remained in a narrow range after supplies from Libya shook markets earlier in the week. Brent oil futures jumped.

Read More
Commodities News

Japan raises gasoline subsidy to maximum of 25 yen per litre

TOKYO (Reuters) – Japan raised its gasoline subsidy for oil distributors to the maximum figure of 25 yen ($0.1944) a litre for the seven days from April 21, up from.

Read More