Commodities

Commodities News

Oil climbs on lower supply and post-pandemic recovery

By Yuka Obayashi TOKYO (Reuters) – Oil prices climbed on Tuesday, hovering near seven-year highs hit last week, on expectations that a limited production increase by major oil producers and.

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Biden tells emir he will make Qatar major non-NATO ally

By Jeff Mason WASHINGTON (Reuters) – President Joe Biden promised Qatar’s emir, Sheikh Tamim bin Hamad al-Thani, on Monday that he will soon designate Qatar as a major non-NATO ally,.

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Oil heads for sixth weekly gain amid supply concerns

By Yuka Obayashi TOKYO (Reuters) -Oil prices rose on Friday, set for their sixth weekly gain, amid concerns of tight supplies as major producers continue their policy of limited output.

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Oil Up, Set for Sixth Weekly Gain as Tight Market Concerns Continue

By Gina Lee Investing.com – Oil was up on Friday morning in Asia and was set for a sixth consecutive weekly gain. Concerns over a tightening market remain as major producers.

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Gold Up, but Set for Weekly Fall as Fed Policy Impact Continues

By Gina Lee Investing.com – Gold was up on Friday morning in Asia but moves remained small and the yellow metal was headed for its sharpest weekly decline since November.

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Fuel demand rebound powers Phillips 66 profit beat

(Reuters) -Phillips 66 posted quarterly earnings that powered past Wall Street estimates on Friday, as the U.S. refiner capitalized on mounting demand for fuel due to a loosening up of.

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Oil rises on concerns geopolitical risks could tighten supplies

By Scott DiSavino NEW YORK (Reuters) -Oil prices rose on Tuesday on concerns supplies could become tight due to Ukraine-Russia tensions, threats to infrastructure in the United Arab Emirates and.

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Gold Up, Fed Policy Decision Looms and Eastern European Tensions Remain

By Gina Lee Investing.com – Gold was up on Monday morning in Asia but remained little changed. Investors continue bracing for the U.S. Federal Reserve’s latest policy decision, while concerns over.

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Oil prices rise on supply fears amid tensions in Eastern Europe, Middle East

By Yuka Obayashi TOKYO (Reuters) -Oil prices rose on Monday on worries about supply disruption amid rising tensions in Eastern Europe and the Middle East, which could make an already.

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Exclusive-Renault, Nissan, Mitsubishi to unveil 2030 EV plan this week

By Norihiko Shirouzu (Reuters) – Renault SA (OTC:RNLSY), Nissan (OTC:NSANY) Motor Co and Mitsubishi Motors (OTC:MMTOF) Corp plan to triple their investment to jointly develop electric vehicles (EVs), two people with knowledge.

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