Commodities

Commodities News

Crude oil prices down in thin trade as US gears up for Presidents’ Day

Brent crude futures were down 58 cents, or 0.69%, at $82.89 a barrel. U.S. West Texas Intermediate crude was 35 cents, or 0.44%, lower at $78.84 at 0138 GMT. Oil.

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French recycling plant on fire housing 900 tonnes of lithium batteries

PARIS (Reuters) – Some 900 tonnes of lithium batteries were on fire at a battery recycling plant in southern France, authorities said on Sunday, sending a cloud of thick black.

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Commodities News

Crude oil prices roughly flat as unclear demand scenario weighed

Brent crude futures dropped 11 cents, or 0.1%, to $82.75 a barrel at 0131 GMT. U.S. West Texas Intermediate crude futures rose 1 cent to $78.04 a barrel. Oil prices meandered.

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Crude oil slips after large US crude stock build

Brent crude futures fell 34 cents, or 0.4%, to $81.26 a barrel at 0135 GMT, while U.S. West Texas Intermediate crude futures declined 36 cents, or 0.5%, to $76.28 a.

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Gold heads for second weekly loss as early rate cut bets cool

Spot gold was little changed at $2,005.39 per ounce, as of 1018 GMT, and has lost nearly 1% for the week so far. Gold held steady on Friday but was on.

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Commodities News

Crude oil slips after large US crude stock build

Brent crude futures fell 34 cents, or 0.4%, to $81.26 a barrel at 0135 GMT, while U.S. West Texas Intermediate crude futures declined 36 cents, or 0.5%, to $76.28 a.

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Commodities News

Crude oil prices fall on sticky inflation, bigger-than-expected US crude stock build

Brent futures fell 29 cents, or 0.4%, to $82.48 when the market opened at 0000 GMT. U.S. West Texas Intermediate (WTI) crude futures fell 22 cents, or 0.3%, to $77.65.

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Commodities News

Global raw sugar prices expected to rise 20% this year: Reuters poll

By Maytaal Angel LONDON (Reuters) – Raw sugar prices are expected to post an annual gain of nearly 20% in 2024 as the global market shifts into a deficit in.

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Germany outlines $17 billion plan to subsidise gas-to-hydrogen shift

By Riham Alkousaa BERLIN (Reuters) -Germany’s government has agreed plans to subsidise gas power plants that can switch to hydrogen, the economy ministry said on Monday, with a price tag.

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Commodities News

IRMA & NCDEX launch centre for excellence for development of commodity derivatives segment

The project seeks to redefine policy makers’ perspectives on commodity derivative markets and fostering a deeper understanding of price discovery in commodities markets. In a joint initiative aimed at altering.

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