Commodities

Commodities News

Gold rates pause at $2000 as uncertainty looms over Fed rate hike

Yellow metal might consolidate or correct from here on and it will need some strong bullish news for it to break above $2000. By Bhavik Patel  Gold market is in a bit.

Read More
Commodities News

OMCs hike commercial LPG prices by Rs 100/cylinder in metro cities

Domestic LPG cylinder is sold at Rs 929 in Kolkata and at Rs 902.5 in Mumbai. The oil marketing companies Indian Oil Corporation Ltd, Bharat Petroleum Corporation Ltd, and Hindustan.

Read More
Commodities News

Australia says EU trade deal is likely years away after rejecting terms

CANBERRA (Reuters) -Australia has rejected European Union proposals for a free trade agreement, and a deal is now unlikely to be reached for several years, Australian government ministers said on.

Read More
Commodities News

Chevron-Hess deal may lift Bakken oil output, but no return to boom days

By Stephanie Kelly NEW YORK (Reuters) – Chevron (NYSE:CVX)’s deal announced last week to buy Hess (NYSE:HES), one of the largest operators in the Bakken shale play in North Dakota, could raise.

Read More
Commodities News

Oil down 1% ahead of US, China data

Investors are watching for the outcome of Wednesday’s U.S. Fed meeting, U.S. jobs data and earnings from tech giant Apple Inc for signs of any economic slowdown that could affect.

Read More
Commodities News

Oil nearly flat as macroeconomic concerns contend with tighter US supply

Brent crude futures edged higher 2 cents to $88.09 a barrel as of 0003 GMT, while U.S. West Texas Intermediate crude futures dipped 5 cents to $83.69 a barrel. Oil.

Read More
Commodities News

Emerging markets need $1.5 trillion to make buildings greener – World Bank’s IFC

By Tommy Wilkes and Simon Jessop LONDON (Reuters) – Emerging markets will need $1.5 trillion in investment before 2035 to make new and existing buildings environmentally friendly and avoid a.

Read More
Commodities News

Oil steadies as Middle East war worries counter demand fears

By Natalie Grover LONDON (Reuters) -Oil benchmark Brent held above $88 on Wednesday as concerns about war escalating in the Middle East offset demand worries stemming from gloomy economic prospects.

Read More
Commodities News

Oil slips as investors watch diplomatic moves in Gaza war

By Robert Harvey LONDON (Reuters) -Oil prices slipped on Monday as investors continued to focus on the situation in the Middle East, where diplomatic efforts are intensifying in an attempt.

Read More
Commodities News

China’s graphite curbs will accelerate plans around alternatives

By Nick Carey, Akash Sriram and Ernest Scheyder (Reuters) -China’s move on Friday to curb exports of graphite, a key electric vehicle battery material, will only accelerate efforts to develop.

Read More