Commodities

Commodities News

EU to mull Russian oil embargo with Biden set to join talks

By Robin Emmott and John Irish BRUSSELS (Reuters) – European Union governments will consider whether to impose an oil embargo on Russia over its invasion of Ukraine as they gather.

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Commodities News

Chevron begins replacing workers ahead of California refinery strike

By Gary McWilliams and Erwin Seba (Reuters) – Chevron Corp (NYSE:CVX) began turning over some operations at a California oil refinery to replacement workers on Sunday ahead of a United Steelworkers strike.

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Commodities News

Oil Rises as Traders Gauge War in Ukraine, Middle East Tensions

(Bloomberg) — Oil climbed as the war in Ukraine neared the end of its first month, and investors tracked geopolitical tensions in the Middle East. West Texas Intermediate rose above.

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Commodities News

OPEC’s Best Kept Secret Will Soon Be Revealed

Russia’s invasion of Ukraine has upended global energy markets and, if stability doesn’t return soon, that could have serious geopolitical consequences for OPEC members. The pre-invasion hydrocarbon markets were almost.

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Commodities News

India’s oil imports from U.S. to rise, amid criticism for Russian purchases

By Sanjeev Miglani NEW DELHI (Reuters) – India’s oil imports from the United States will rise by 11% this year, officials said on Saturday, as the severely energy-deficient country looks.

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Commodities News

The World’s Biggest Commodities Markets Are Starting to Seize Up

Buying and selling is becoming much harder as liquidity slumps Traders are exiting key commodities amid wild price swings By Mark Burton and Alex Longley It’s getting harder to deal.

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Commodities News

Commodities may remain volatile amid Russia-Ukraine talks, China concerns

Commodities rallied sharply with the start of Russia-Ukraine fighting and have now corrected with talks continuing to resolve the issue. We are now in a wait and watch mode as.

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Commodities News

Russia-Ukraine war complicates Moscow’s role in supplying commodities to China

Russia-Ukraine war: Moscow and Beijing have forged deep ties, but higher costs and geopolitics may impede an increased flow of energy, wheat and metals Russia-Ukraine war: China and Russia’s trade relationship has become more.

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Commodities News

Gold in Biggest Weekly Loss Since Nov. on Fed vs Inflation Uncertainty

By Barani Krishnan Investing.com — Who will win — the ambitious Fed or the inflation monster? The uncertainty pushed gold down for a second straight week, to its biggest weekly.

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Commodities News

Ukraine war food price spikes may push 40 million into extreme poverty-development group

WASHINGTON (Reuters) – Massive price spikes for food and energy sparked by Russia’s invasion of Ukraine will push over 40 million people into extreme poverty, the Center for Global Development.

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