Commodities

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.

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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.

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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.

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Oil eases on weak US fuel demand, profit taking

By Nicole Jao NEW YORK (Reuters) -Oil prices fell on Friday as investors weighed weak U.S. fuel demand and took some money off the table at quarter-end, while key inflation.

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China issues rare earth regulations to further protect domestic supply

BEIJING (Reuters) – China has unveiled a list of rare earth regulations aimed at protecting supplies in the name of national security, laying out rules on the mining, smelting and.

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China steps up pressure with EU brandy probe hearing as EV tariffs begin

By Joe Cash BEIJING (Reuters) -China announced the next step in its anti-dumping investigation into European brandy imports on Friday, ramping up tension on the day the European Commission’s provisional.

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Exxon Mobil expects oil prices to boost second-quarter earnings

(Reuters) -Exxon Mobil said on Monday changes in oil prices would increase the company’s second-quarter upstream earnings by $300 million to $700 million compared with the first quarter. The oil.

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In race to regain rare earth glory, Europe falls short on mineral goals

By Eric Onstad LONDON (Reuters) -Four decades ago, a rare earth processing plant on France’s Atlantic coast was one of the largest in the world, churning out materials used to.

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Oil prices to stay steady as China demand woes offset Mideast risks

By Rahul Paswan and Kavya Balaraman (Reuters) -Oil prices will not change much in the second half of 2024 as concerns around demand from China and prospects of higher supply.

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Commodities News

Oil eases on weak US fuel demand, profit taking

By Nicole Jao NEW YORK (Reuters) -Oil prices fell on Friday as investors weighed weak U.S. fuel demand and took some money off the table at quarter-end, while key inflation.

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