Commodities

Though mills are ready to stock raw jute for production for the 2022-23 season, the retting process of the plants is being held back due to a lack of rainfall.

By Zhang Mengying Investing.com – Gold was up on Tuesday morning in Asia, but moves were small as the U.S. dollar continued to strengthen to its highest level in 20.

By Florence Tan SINGAPORE (Reuters) -Oil prices fell on Tuesday as fresh COVID-19 curbs in China, the world’s biggest crude importer, and fears of a global economic slowdown weighed on.

(Bloomberg) — Oil declined as a renewed increase in China’s virus cases fed into weakness across global markets and the US awarded more crude from its reserves. West Texas Intermediate.

By Zhang Mengying Investing.com – Oil was down on Tuesday morning in Asia as demand concerns spurred as China discovered cases of highly infectious BA.5 omicron sub-variant. Brent oil futures retreated 1.56%.

By Sonali Paul MELBOURNE (Reuters) – Oil prices fell on Monday in volatile trade, reversing some gains from the previous session as markets braced for new mass COVID testing in.

By Zhang Mengying Investing.com – Oil was down on Monday morning in Asia as investors are worried about oil demand as Shanghai discovered the first case of the highly infectious.

(Bloomberg) — Commodity investors looking to China to reverse the severe rout in global metals markets may be disappointed, with Beijing unable to deliver the kind of investment splurge that.

HOUSTON (Reuters) – The Electric Reliability Council of Texas (ERCOT), which operates the state of Texas’ electric power grid, on Sunday warned of the potential for rolling blackouts on Monday..

By Zhang Mengying Investing.com – Gold was down on Monday morning in Asia, as the U.S. dollar strengthened over interest rate hike bets after healthy U.S. employment data. Gold futures edged.