Commodities

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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Oil Down, Set for 3% Weekly Drop Over 210-Million-Barrel Emergency Release

By Gina Lee Investing.com – Oil was down on Friday morning in Asia and was set for a weekly loss of 3% after consuming countries agreed to release a total of.

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Oil prices drift lower, set for 3% weekly fall due to massive stocks release

By Sonali Paul MELBOURNE/BEIJING (Reuters) -Oil prices drifted lower on Friday and were set to drop around 3% for the week as consuming countries’ planned release of 240 million barrels.

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China’s Oil Demand Outlook Worsening as Virus Outbreak Persists

(Bloomberg) — China’s worsening Covid-19 outbreak and the extended lockdown in Shanghai has oil analysts cutting their demand forecasts further.  The commercial hub’s staggered eight-day lockdown that was supposed to.

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Oil rises from 3-week low as tight supply concerns linger

By Sonali Paul and Muyu Xu MELBOURNE/BEIJING (Reuters) -Oil prices rose on Thursday from a three-week low touched in the previous session after consuming nations announced a huge release of.

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Oil Up, Fueled by Supplies Release but Markets Remain Tight

By Gina Lee Investing.com – Oil was up on Thursday morning in Asia, regaining some of its losses from the previous session when it tumbled more than 5% to a.

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Speed up EU climate policies to wrest free from Russia, 11 countries say

By Kate Abnett BRUSSELS (Reuters) – European Union nations should speed up negotiations on new climate change policies and also increase the ambition of those proposals to quit Russian fossil.

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Gold Up, Dollar Near Two-Year High as Fed Minutes Maintain Hawkish Stance

By Gina Lee Investing.com – Gold was up on Thursday morning in Asia, while the dollar remained near a two-year high after the U.S. Federal Reserve maintained its hawkish stance in the minutes from its.

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A Key Russian Crude Oil Grade Sells Out as Asia Snaps Up Barrels

(Bloomberg) — Cargoes of Russian Sokol crude from the Far East have sold out for next month in a sign that shipments from the pariah nation continue to find buyers.

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Oil mixed as new Russia sanctions offset demand worries

By Yuka Obayashi TOKYO (Reuters) -Oil futures were mixed on Wednesday, recovering from early losses, as the threat of new sanctions on Russia raised supply concerns, countering fears of weaker.

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