Commodities

Commodities News

Oil eases ahead of Christmas break on possible future Angola output increase

By Scott DiSavino NEW YORK (Reuters) – Oil prices eased on Friday ahead of the long Christmas holiday weekend on expectations Angola could increase output after leaving OPEC, but rose.

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Oil falls over demand concerns after U.S. inventory build

By Yuka Obayashi TOKYO (Reuters) -Oil prices fell on Thursday as concerns over low demand following a surprise U.S. crude inventory build outweighed jitters over global trade disruptions due to tensions in.

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Oil settles up on Red Sea tensions; gains capped by US stock builds

By Laura Sanicola (Reuters) -Oil prices settled slightly higher after a choppy trading session on Wednesday as investors worried about global trade disruption and tensions in the Middle East following.

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Cumin prices to sustain at around Rs 30,000 per quintal

It should be mentioned that India is the largest supplier of cumin seeds in the world. After hitting a high of Rs 65,000 per quintal in the month of October,.

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US to hold Gulf of Mexico oil auction after string of delays

(Reuters) – The Biden administration on Wednesday will hold an auction of oil and gas leases in the Gulf of Mexico following several delays due to litigation over the drilling.

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Oil perks up as Red Sea tensions spark investor jitters

By Natalie Grover LONDON (Reuters) – Global oil benchmark Brent topped $80 a barrel on Wednesday amid jitters over global trade disruption and geopolitical tensions in the Middle East following.

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Oil rises 1% as Red Sea shipping concerns unnerve traders

By Shariq Khan BENGALURU (Reuters) -Oil prices rose more than a dollar a barrel on Tuesday, extending the previous session’s gains after attacks by Yemen’s Iran-aligned Houthi militants on ships.

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Oil prices mixed as Red Sea attacks disrupt supply chains

Brent crude futures rose 10 cents, or 0.13%, to $78.05 a barrel at 0330 GMT. Oil prices were mixed on Tuesday, with the U.S. benchmark dipping while Brent extended gains.

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Centre asks rice processors to stop “profiteering”

Rice inflation around 12% over two years. The government on Monday directed the rice industry to cut the prices of grain immediately given ample stocks. Following a meeting with representatives.

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Shippers mask positions, weigh options amid Red Sea attacks

By Florence Tan and Lisa Barrington (Reuters) -A number of container ships are anchored in the Red Sea and others have turned off tracking systems as traders adjust routes and.

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