Commodities

Commodities News

EU recovery fund could be repurposed over Ukraine – German Finance Minister

BERLIN (Reuters) – The European Union recovery fund set up to help the bloc recover from the COVID-19 pandemic could be repurposed in light of the war in Ukraine, German.

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Commodities News

Surging Oil Prices Could Spark A Global Recession

By Tsvetana Paraskova The already month-long Russian war in Ukraine has upended analyst outlooks of the global economy this year. Forecasts quickly shifted from a robust post-COVID rebound to rising chances.

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Commodities News

How The West’s Ban On Russian Gold Could Backfire

By Alex Kimani  Following Russia’s invasion of Ukraine about a month ago, the U.S. and its western allies swiftly imposed a raft of economic and trade sanctions on Russia, notably on.

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Commodities News

Analysis-When it comes to oil, the global economy is still hooked

By Sarah McFarlane and Mark John LONDON (Reuters) – The world may be less dependent on oil now than it was during the energy shocks of the 1970s, but the.

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Commodities News

Gold Dips as Yields Spike, But up 1% on Week Amid Geopolitics, Inflation Scare

By Barani Krishnan Investing.com — A spike in U.S. Treasury yields sent gold prices skidding on Friday, although the yellow metal held on to a weekly gain of more than.

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Commodities News

Oil rises to over $120/bbl after attack on Saudi facilities

By Arathy Somasekhar HOUSTON (Reuters) -Crude prices rose more than 1% to over $120 a barrel on Friday, as traders reconciled the impact of a missile attack on an oil.

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Commodities News

Oil Back at $120 After Jeddah Attack; Finishes With Best Week in Four

By Barani Krishnan Investing.com — A missile strike at a Saudi Arabian oil storage depot in Jeddah sent crude prices up more than 1% Friday, reversing a 2% drop from.

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Commodities News

EU will not loosen sustainability goals for aviation despite war, official says

MILAN (Reuters) – The European Union will not loosen sustainability targets for the aviation industry despite the Ukraine conflict and a surge in fuel prices, the bloc’s top transport official.

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Commodities News

Oil Down as Costs for Trading Brent Futures Increase

By Gina Lee Investing.com – Oil was down on Friday morning in Asia, falling around $1. The U.S. and allies are considering releasing more oil from storage to increase supply.

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Commodities News

Oil drops as supply crunch fears ease, trading costs rise

By Sonali Paul MELBOURNE (Reuters) – Oil prices fell about a $1 on Friday as the United States and allies considered releasing more oil from storage to cool markets and.

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