Commodities

Commodities News

Gold Down, but Remains Near One-Week High Thanks to Inflation

Gold was down on Tuesday morning in Asia, although persistent inflationary pressuring gave the safe-haven yellow a boost. Investors also await U.S. inflation data later in the week. Gold futures inched.

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If Russia invades Ukraine, there will be no Nord Stream 2, Biden says

U.S. President Joe Biden on Monday warned that if Russia invades Ukraine, there would be no Nord Stream 2, but did not specify how he would go about ensuring the.

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Exclusive-Mexico’s Pemex sharply cuts oil supply to India as it readies new refinery -sources

Mexico’s state-run oil firm Pemex has sharply reduced crude exports to India, the third largest market for its oil, amid preparations for a new refinery expected to absorb more of.

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U.S. carbon pipeline proposals trigger backlash over potential land seizures

A flurry of proposed carbon pipelines in the U.S. Midwest has triggered a battle over whether companies behind the projects should be allowed to seize land from unwilling property owners.

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Oil Above $90/bbl as Supply Concerns and Winter Storm in U.S. Continues

By Gina Lee Investing.com – Oil was up on Friday morning in Asia, as supply concerns and frigid weather in the U.S. extended already sharp gains from the previous session. Brent oil.

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Analysis-OPEC+ meets quickly, sticks to script, dodges debate on geopolitics

By Ahmad Ghaddar and Alex Lawler LONDON (Reuters) – After a month in which oil prices surged 15% and geopolitical tensions seethed around the world, OPEC and its allies took.

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Oil extends gains above $90/bbl as winter storm sweeps through United States

By Roslan Khasawneh SINGAPORE (Reuters) -Oil prices climbed on Friday, extending sharp gains in the previous session as frigid weather swept across large swathes of the United States, threatening to.

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Oil climbs toward 7-year highs on U.S. stock draw, eyes on OPEC+ move

By Yuka Obayashi TOKYO (Reuters) -Oil prices climbed on Wednesday toward last week’s seven-year highs as a draw in U.S. crude stocks confirmed strong demand and a lack of supply, but investors.

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Oil slips despite OPEC+ sticking to moderate rise, U.S. stockpile draw

By David Gaffen NEW YORK (Reuters) -Oil prices slipped from highs on Wednesday even after OPEC+ stuck to planned moderate output increases despite pressure from top consumers to raise output.

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U.S. Oil Stockpiles -1.046m Last week: EIA

By Sam Boughedda Investing.com — U.S. oil stockpiles -1.046m in the latest week, the Energy Information Administration said on Wednesday. Crude inventories -1.046 million barrels last week, compared with analyst expectations.

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