Commodities

Commodities News

Gold Down, Dollar Softens on Easing Growth Fears

By Zhang Mengying Investing.com – Gold was down on Friday morning in Asia although growth fears seem to ease.  Gold futures inched down 0.01% to $1,739.60 by 11:07 PM ET (0307 GMT). The dollar which.

Read More
Business Commodities News

Shell upgrades value of oil and gas assets by up to $4.5 billion

LONDON (Reuters) – Shell (LON:RDSa) on Thursday said it will reverse up to $4.5 billion in writedowns on oil and gas assets after it raised its outlook for energy prices.

Read More
Commodities News

Oil Up on Supply Concerns after Declining During Previous Two Sessions

By Zhang Mengying Investing.com – Oil was up on Thursday morning in Asia on supply concerns, after falling during the previous two sessions. Brent oil futures rose 0.51% to $101.20 by.

Read More
Commodities News

Brent bounces above $101/bbl as focus returns to supplies

By Florence Tan (Reuters) -Oil prices regained a footing on Thursday from steep falls in the previous two sessions, as investors returned their focus to tight supplies even as fears.

Read More
Commodities News

Gold Up as Dollar Rally Pauses

By Zhang Mengying Investing.com – Gold was up on Thursday morning in Asia as the U.S. dollar paused for breath after surging to 20-year highs. Gold futures were up 0.36% to.

Read More
Commodities News

Oil from U.S. reserves sent overseas as gasoline prices stay high

By Arathy Somasekhar HOUSTON (Reuters) -More than 5 million barrels of oil that were part of a historic U.S. emergency reserves release to lower domestic fuel prices were exported to.

Read More
Business Commodities News

Kyiv asks Turkey to probe three more Russian ships it alleges transported stolen grain

By Jonathan Spicer and Reade Levinson ISTANBUL (Reuters) -Ukraine has asked Turkey to help investigate three Russian-flagged ships as part of Kyiv’s efforts to probe what it alleges is the.

Read More
Commodities News

OPEC’s Barkindo dies, Nigerian oil official says

ABUJA (Reuters) -OPEC’s Secretary-General Mohammad Barkindo has died, Mele Kyari, the chief executive of Nigerian National Petroleum Corp said on Wednesday. Barkindo, who was 63 years old, was due to.

Read More
Commodities News

Gold Up as the U.S. Dollar Pauses for Breath

By Zhang Mengying Investing.com – Gold was up on Wednesday morning in Asia, as the dollar paused for breath after surging to 20-year highs. Gold futures inched up 0.03% to $1,764.35 by.

Read More
Commodities News

Oil Up as Supply Concerns Grow amid Recession Worries

By Zhang Mengying Investing.com – Oil was up on Wednesday morning in Asia, as investors shifted their focuses to supply tightness although recession worries mounted. Brent oil futures rose 1.06% to.

Read More