Commodities

Commodities News

Oil prices up 3% to one-week high on hopes of higher summer fuel demand

By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 3% to a one-week high on Monday, buoyed by hopes of rising fuel demand this summer despite a stronger U.S..

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Commodities News

Oil prices ease on US gasoline demand worries, economic data

By Scott DiSavino NEW YORK (Reuters) -Oil prices eased about 1% on Wednesday on worries over weak U.S. gasoline demand and economic data that could cause the U.S. Federal Reserve.

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Commodities News Uncategorized

Flood-battered farmers in southern Brazil wade through lost harvests

By Amanda Perobelli and Lisandra Paraguassu ELDORADO DO SUL, Brazil (Reuters) – After three days of ferocious rains, Edite de Almeida and her husband fled their flooded home in early.

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Commodities News

Oil dips on concerns about demand, U.S stockpiles data awaited

By Jeslyn Lerh SINGAPORE (Reuters) -Oil prices eased on Thursday after resilient U.S. economic activity pointed to borrowing costs staying higher for longer in a potential blow to demand. Ahead.

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Commodities News

Oil edges higher ahead of inflation data after downbeat week

By Natalie Grover LONDON (Reuters) -Oil prices perked up in muted trade owing to public holidays in Britain and United States after a downbeat week characterised by the outlook for.

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Commodities News

Texas daily power demand sets record for May consumption

(Reuters) – Daily power consumption in Texas set a record for the month of May on Sunday, the state grid operator said, for the fourth time this month, as homes.

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Commodities News

Oil posts weekly loss as interest rate policy spurs fuel demand worries

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose about 1% on Friday, but fell for the week on worries that strong U.S. economic data would keep interest rates elevated for.

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Commodities News

Oil falls for fourth straight session on US inflation jitters

By Shariq Khan NEW YORK (Reuters) -Oil prices fell for a fourth consecutive session on Thursday and settled at multi-month lows as the prospect of higher-for-longer U.S. interest rates raised.

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Commodities News

Oil steady as investors weigh U.S. rate fears, firmer seasonal demand

By Georgina McCartney and Jeslyn Lerh SINGAPORE (Reuters) – Oil prices were stable on Friday as investors considered the latest comments from the U.S. Federal Reserve on interest rates amid.

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Commodities News

Russia’s Nornickel plans to build a PGMs refinery in Bahrain, source says

LONDON (Reuters) – Russian metals giant Nornickel plans a joint project for construction of a platinum group metals (PGMs) refinery in Bahrain, a source familiar with the matter told Reuters.

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