Commodities

Commodities News

Oil prices edge up from 6-month lows after drop in U.S. stockpiles

By Emily Chow KUALA LUMPUR (Reuters) -Oil prices rose on Wednesday, recovering from six-month lows hit the previous day, as a larger-than-expected drop in U.S. oil and gasoline stocks reminded.

Read More
Commodities News

Gold Trades Flat, Copper Rises on China Stimulus Hopes

By Ambar Warrick  Investing.com– Gold prices moved little in Asian trade on Wednesday as a recovery in the stock market dented safe haven demand, while copper prices rose on the prospect.

Read More
Commodities News

Oil Takes Some Relief From Lower U.S. Inventories, Iran Deal in Focus

By Ambar Warrick  Investing.com– Oil prices rose slightly on Wednesday after three straight days of losses as data indicating a bigger-than-expected drop in U.S. crude inventories helped offset concerns over waning.

Read More
Commodities News

Oil Inventories Fall by 448,000 Barrels Last Week: API

By Yasin Ebrahim Investing.com — U.S. crude inventory fell by more than expected last week, the API reported Tuesday, snapping two weeks of gains just as attention shifts toward progress.

Read More
Commodities News

Oil extends losses as weak demand outlook lingers

By Stephanie Kelly (Reuters) -Oil prices fell on Tuesday as bleak economic data from top crude buyer China renewed fears of a global recession. Brent crude futures fell 73 cents, or.

Read More
Commodities News

Copper Prices Hammered by Bleak Economic Outlook, Gold Dips

By Ambar Warrick  Investing.com– The prices of copper and most industrial metals tumbled on Tuesday amid growing concerns over a slowdown in major importer China, while gold prices slipped as safe.

Read More
Commodities News

Oil industry gears up to tap U.S. climate bill for carbon capture projects

By Liz Hampton (Reuters) – Tax credits in the $430 billion U.S. climate and tax bill set to be signed into law this week will kickstart carbon sequestration projects, say.

Read More
Commodities News

Oil prices fall nearly $1/bbl as China data disappoints

By Florence Tan SINGAPORE (Reuters) -Oil prices dropped for a second session on Monday as weak China economic data triggered concerns about demand at the world’s largest crude importer while.

Read More
Commodities News

Russian forces pound Ukraine’s Donetsk region

By Natalia Zinets KYIV (Reuters) – Ukrainian forces reported heavy Russian shelling and attempts to advance on several towns in the eastern region of Donetsk that has become a key.

Read More
Commodities News

First ship carrying Ukraine wheat under U.N. deal docks in Turkey

ISTANBUL (Reuters) – The first ship carrying Ukrainian wheat to be exported under a U.N.-brokered deal arrived in Istanbul on Sunday, the Joint Coordination Centre based in the Turkish city,.

Read More