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Commodities News

Oil slips on signs of weak fuel demand, strong dollar

By Florence Tan SINGAPORE (Reuters) -Oil prices extended declines on Monday amid signs of weak fuel demand and as comments from U.S. Federal Reserve officials dampened hopes of interest rate.

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Analysis: Gazprom loss shows struggle to fill EU gas sales gap with China

| By Vladimir Soldatkin MOSCOW (Reuters) – Kremlin-owned energy kingpin Gazprom (MCX:GAZP), once Russia’s most profitable company, could face a long period of poor performance as it struggles to fill.

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Western Canada blazes cause evacuations, air quality concerns

TORONTO (Reuters) -The season’s first major wildfires have spread to roughly 10,000 hectares (24,710 acres) across Western Canada on Sunday as authorities issued an evacuation order for a community in.

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Oil falls on prospect of higher-for-longer US rates, stronger dollar

By Laila Kearney NEW YORK (Reuters) -Oil prices fell by nearly $1 a barrel on Friday as comments from U.S. central bank officials indicated higher-for-longer interest rates, which could hinder.

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Explainer-US agency to unveil plan to ease power transmission crunch

By Valerie Volcovici WASHINGTON (Reuters) – The Federal Energy Regulatory Commission (FERC) is expected on Monday to issue a final rule to address the crunch in U.S. electricity transmission as.

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China’s push for greener aluminium hit by erratic rains, power cuts

BEIJING (Reuters) – Erratic rainfall in China’s southwest is frustrating a multibillion-dollar push to green an aluminium industry that accounts for almost 60% of global output and, by some estimates,.

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As climate shifts, a leafhopper bug plagues Argentina’s corn fields

By Maximilian Heath and Matias Baglietto CORDOBA PROVINCE, Argentina (Reuters) – Global warming has brought Argentina’s corn farmers a dangerous new enemy: a yellow insect just four millimeters (0.16 inch).

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Nearly 75 Democratic lawmakers support Biden’s LNG pause

WASHINGTON (Reuters) – Nearly 75 U.S. lawmakers from President Joe Biden’s Democratic party on Tuesday praised his pause on approvals of exports of liquefied natural gas, or LNG, saying it would.

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Iran’s capacity to move oil reliant on Malaysian providers, US official says

By Xinghui Kok SINGAPORE (Reuters) -The United States sees Iran’s capacity to move its oil as reliant on service providers based in Malaysia, with oil being transferred near Singapore and.

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China, US to hold climate meetings in Washington in May

By Valerie Volcovici WASHINGTON (Reuters) – U.S. climate change diplomat John Podesta said on Tuesday he will meet his Chinese counterpart Liu Zhenmin in Washington in early May, resuming bilateral.

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