Commodities

Commodities News

Russian Oil Continues To Flow To India And China

By Alex Kimani  It has been exactly six weeks since Russia invaded Ukraine, with no end in sight to one of humanity’s biggest existential crises in modern times. In response to.

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Commodities News

Tight Oil Markets Are Sending Fuel Margins Through The Roof

By Alex Kimani The oil price rally has really cooled down over the past two weeks, with oil prices declining to levels last seen prior to Russia’s invasion of Ukraine. Brent.

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Commodities News

Rising Energy Costs Could Push Metal Prices Even Higher

By Ag Metal Miner Recently, Russian President Vladimir Putin made some tough talk about forcing “unfriendly countries” to pay for Russian gas in rubles, leading us to wonder how that might impact aluminum.

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Commodities News

Bearish News Is Mounting For Oil

By Tom Kool  Oil prices remained fairly stable this week, with ICE Brent balancing slightly above the $100 per barrel mark. Fears of Russian supply disruptions were temporarily put on the.

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Commodities News

Tesla May Start Mining Lithium as Musk Cites Battery Metal Cost

(Bloomberg) — Nearly two years after Tesla (NASDAQ:TSLA) Inc. outlined a plan to dig for lithium, its chief Elon Musk signaled that the electric car giant might start doing so,.

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Commodities News

Oil prices settle up 2%, post weekly loss on stockpile releases

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose 2% on Friday but notched their second straight weekly decline after countries announced plans to release crude from their strategic stocks. Brent.

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Commodities News

Oil Prices in 2nd Weekly Slip as Emergency Stockpile Release Eases Supply Fears

By Yasin Ebrahim Investing.com – Oil prices settled higher Friday, but slipped to another weakly defeat after countries agreed to release millions of barrels from their emergency reserves offsetting signs.

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Commodities News

A third of Puerto Rico remains in the dark for the second day

(Reuters) – More than a third of all homes and businesses in Puerto Rico remained without power on Friday, the second day of a massive outage on the Caribbean island.

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Business Commodities News

Shell raises Russia writedown to as much as $5 billion

By Ron Bousso LONDON (Reuters) – Shell (LON:RDSa) will write down up to $5 billion following its decision to exit Russia, more than previously disclosed, while soaring oil and gas.

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Commodities News

Investors urge governments not to ditch climate for energy security

By Simon Jessop LONDON (Reuters) – Asset owners managing more than $10.4 trillion have urged governments not to let worries about security of fossil fuel supplies impede the transition to.

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