Commodities

Commodities News

OPEC+ Agrees on Another Gradual Oil-Output Hike for March

(Bloomberg) — OPEC and its allies agreed to make another modest output increase in March, sticking to their plan even as the failure of several members to deliver the scheduled.

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Blow to Gazprom critics as EU court upholds antitrust settlement

BRUSSELS (Reuters) -Gazprom’s critics suffered a blow on Wednesday when the European Union’s second highest court upheld a 2018 decision that let the Russian gas giant settle a long-running antitrust.

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Exclusive-India could buy potash from Belarus in rupees as sanctions hit Minsk-sources

By Rajendra Jadhav MUMBAI (Reuters) – India plans to buy 1 million tonnes of potash from Belarus in the first such bilateral deal between the two countries after sanctions crippled.

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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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Commodities News

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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