Commodities

By Arathy Somasekhar (Reuters) – Oil prices ended 3% higher on Friday at fresh seven-year highs as escalating fears of an invasion of Ukraine by Russia, a top energy producer,.

By Barani Krishnan Investing.com – The last time gold got above $1,860 was three months ago, and the last time it rose 2% in a day was six months ago.

(Updates with settlement prices) By Barani Krishnan Investing.com – Oil prices spiked Friday, with Brent hitting $95 a barrel and U.S. crude almost matching that on White House concerns that.

BUDAPEST (Reuters) – Hungary’s government has decided to extend a cap on fuel prices for another three months beyond its expiry due on Tuesday, Prime Minister Viktor Orban said in.

Gold was down on Friday morning in Asia, with stronger-than-expected U.S. inflation data and hawkish comments from a Federal Reserve policymaker increasing bets of a substantial interest rate hike. U.S..

Global supplies of diesel are dwindling as refiners struggle to keep pace with rapid post-pandemic demand recovery, exacerbating an acute global energy shortage which has already sent the prices of.

Japan is weighing further measures to help blunt a sharp rise in fuel prices and minimise the impact on people’s lives and economic activities, the industry minister said on Thursday,.

Oil prices rose on Thursday after rallying on an unexpected drop in U.S. crude inventories in the previous session, as investors awaited the outcome of U.S.-Iran nuclear talks that could add crude.

President Joe Biden on Tuesday announced that an Australian company that makes chargers for electric vehicles will build a manufacturing facility in Tennessee, while reiterating his commitment to turn the.

The top U.S. business lobby in Mexico on Tuesday raised concerns about a bill that would strengthen state control of the power market at the expense of private capital, saying.