Commodities

By Zhang Mengying Investing.com – Oil was up on Thursday morning in Asia. Investors doubled down on the possibility of a rate hike by the U.S. Federal Reserve after U.S..

By Geoffrey Smith  Investing.com — Russian gas monopoly Gazprom (MCX:GAZP) said on Wednesday it wouldn’t guarantee the resumption of gas shipments to Europe through its pipelines, despite recent political decisions.

Investing.com — U.S. crude oil inventories unexpectedly rose in the latest week, according to the Energy Information Administration. Crude oil inventories rose 3.254 million barrels against expectations for a draw of.

By Kylie Madry MEXICO CITY (Reuters) – Steel demand in Latin America could dip through 2022 as the industry faces regional inflationary pressures, price hikes from the Russian invasion of.

By Scott Kanowsky  Investing.com — The International Energy Agency has lowered its outlook for oil demand growth over the next two years, citing a negative impact from soaring prices and fears.

By David Gaffen NEW YORK (Reuters) -Oil prices rose on Wednesday, recovering from the previous day’s massive sell-off, despite a hike in U.S. oil inventories and after U.S. inflation figures.

By Andrea Shalal TOKYO (Reuters) – The global price of oil could surge by 40% to around $140 per barrel if a proposed price cap on Russian oil is not.

BRASILIA (Reuters) – Brazil’s Economy Minister Paulo Guedes said on Tuesday that state-owned oil firm Petrobras’ frequent updating of fuel prices may not be the “best tool” for the economy.

By Peter Nurse    Investing.com — Oil prices weakened sharply Tuesday, weighed by further COVID curbs in China – the world’s largest importer of crude, a stronger dollar, and concerns about.

(Bloomberg) — OPEC’s first oil-market outlook for 2023 suggests no relief for squeezed consumers, with more crude needed from the group even though most members are already pumping flat out. The Organization.