Commodities

Commodities News

Exclusive-ExxonMobil selling Malaysia oil and gas assets to Petronas, sources say

By Yantoultra Ngui and Florence Tan SINGAPORE (Reuters) – Exxon Mobil Corp (NYSE:XOM) has agreed to sell its Malaysian oil and gas assets to state energy firm Petronas, exiting the country’s upstream.

Read More
Commodities News

China lithium rebounds on Chile earthquake, but demand concerns persist

BEIJING (Reuters) – China’s lithium prices rebounded on Friday after a powerful earthquake hit Chile’s major lithium producing region, although growing demand concerns weighed on the metal used in electric.

Read More
Commodities

Oil steady as supply outlook offsets strong dollar and China worries

By Ahmad Ghaddar LONDON (Reuters) -Oil prices were little changed on Friday as a strong dollar and concern over the economy of top oil importer China were countered by a.

Read More
Commodities News

Oil trades in narrow range since 2022 on OPEC+, sanctions and demand worries

By Ahmad Ghaddar and Alex Lawler LONDON (Reuters) – Brent crude oil has been trading in a tight range of $75-$90 a barrel since late 2022 as OPEC+ cuts keep a floor.

Read More
Commodities News

Oil rises as US inflation eases

By Paul Carsten LONDON (Reuters) – Oil prices rose on Friday amid signs of easing inflationary pressures in the United States, the world’s biggest oil consumer, though Brent crude was still set.

Read More
Commodities News

ConocoPhillips, Marathon Oil get second US FTC request over $22.5 billion deal

(Reuters) – Top U.S. independent oil producer ConocoPhillips (NYSE:COP) said on Friday it received a second request from the U.S. Federal Trade Commission for information on its proposed acquisition of.

Read More
Commodities News

Oil holds its ground as Chinese demand concerns weigh

By Alex Lawler and Arunima Kumar LONDON (Reuters) – Oil held its ground on Monday as downward pressure from concern about demand in top importer China offset support from strong.

Read More
Commodities News

Oil prices settle down after data shows weaker US consumer sentiment

By Nicole Jao NEW YORK (Reuters) -Oil futures prices settled slightly lower on Friday as investors weighed weaker U.S. consumer sentiment against mounting hopes for a Federal Reserve rate cut.

Read More
Commodities News

ConocoPhillips, Marathon Oil get second US FTC request over $22.5 billion deal

(Reuters) – Top U.S. independent oil producer ConocoPhillips (NYSE:COP) said on Friday it received a second request from the U.S. Federal Trade Commission for information on its proposed acquisition of.

Read More
Commodities News

Oil prices lifted by summer demand hopes

By Arunima Kumar (Reuters) -Oil prices rose on Monday, helped by expected peak summer consumption and OPEC+ production cuts, though gains were capped by rising output from other producers and.

Read More