Commodities

Commodities News

Oil mixed as U.S. gasoline demand rebounds but recessionary fears loom

By Stephanie Kelly NEW YORK (Reuters) -Oil prices were mixed on Thursday as concerns about a potential global recession that would knock energy demand offset lower U.S. crude inventories and a rebound.

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Oil extends gains as risk appetite improves, U.S. inventories fall

By Florence Tan SINGAPORE (Reuters) -Oil gained more than $1 a barrel on Thursday, extending gains from the previous session, buoyed by improved risk appetite among investors while lower crude.

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Russia captures power station, redeploys troops toward southern Ukraine

(Reuters) – Russian forces took over Ukraine’s second-biggest power plant and are conducting a “massive redeployment” of troops to three southern regions, a Ukrainian presidential adviser said, amid expectations of.

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Biden tells Schumer and Manchin he backs drugs, energy bill

WASHINGTON (Reuters) – U.S. President Joe Biden said he spoke on Wednesday with Democratic senators Chuck Schumer and Joe Manchin to offer his support for a bill that would reduce.

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Crude Jumps 2% as Gasoline Stocks Tumble on Pump-Price Drop

By Barani Krishnan Investing.com — Oil futures jumped 2% Wednesday on data showing another sizable weekly drop in U.S. crude stockpiles and the first plunge in three weeks in gasoline.

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Oil settles higher on U.S. inventory drop, Russia gas cuts

By Laura Sanicola (Reuters) -Oil settled up more than $2 on Wednesday as a report of lower inventories in the United States and cuts in Russian gas flows to Europe.

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Yellen discusses price cap on Russian oil with UK’s Zahawi – U.S. Treasury

(Reuters) – U.S. Treasury Secretary Janet Yellen highlighted a proposed price cap on Russian oil on a phone call with British Finance Minister Nadhim Zahawi on Tuesday, a move to.

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Oil Goes Up as U.S. Crude Stock Goes Down

By David Ho Investing.com – Oil was up on Wednesday morning in Asia, bolstered by a larger-than-expected drawdown in U.S. crude stockpiles. Brent oil futures inched up 0.07% to $99.53 by.

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Oil steady as demand concerns offset U.S. crude stock drawdown

By Emily Chow and Laura Sanicola KUALA LUMPUR (Reuters) -Oil prices held steady on Wednesday as concerns about weaker demand offset industry data that showed a larger-than-expected drawdown in U.S. crude stockpiles..

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Gold Down as Investors Brace for an Expected U.S. Interest Rates Hike

By Zhang Mengying Investing.com – Gold was down on Wednesday morning in Asia ahead of the policy decision from the U.S. Federal Reserve. Gold futures edged down 0.15% to $1,715.20 by.

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