Commodities

Commodities News

Crude Oil Lower; COVID Curbs, Economic Slowdown Concerns Weigh

By Peter Nurse    Investing.com — Oil prices weakened Monday after an outbreak of COVID cases in Beijing raised fears of renewed lockdowns while concerns rose that further U.S. interest rate.

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Back to the land: Lebanese family turns to farming to survive crises

By Maya Gebeily and Aziz Taher HOULA, Lebanon (Reuters) – In a remote village in southern Lebanon, Qassem Shreim crouched low to examine his wheat crop. Food costs have soared.

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Oil Down as Libya’s Oil Exports Drop

By Zhang Mengying Investing.com – Oil is up on Tuesday morning in Asia over a tighter supply due to a drop in Libya’s oil export. China’s resumption of COVID-19 curbs.

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Ukraine war, soaring costs shake Australia farmer confidence – survey

SYDNEY (Reuters) – Australian farmers’ confidence fell in the latest quarter, as rising production costs took some shine off high commodity prices and prospects of a bumper harvest, a survey.

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Oil Holds Near $121 as Investors Weigh Tightening Markets

(Bloomberg) — Oil traded near $121 a barrel as investors weighed a tight supply outlook and the impact of China’s eventual return from virus curbs. Supplies remain much tighter than.

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Ukrainians left with one way out of Sievierodonetsk, as fierce fighting rages

By Natalia Zinets and Maria Starkova KYIV (Reuters) – Ukrainian defenders were fighting fiercely for “every metre” of Sievierodonetsk, President Volodymyr Zelenskiy said, as Russian forces destroyed a bridge to.

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Oil prices slide on Beijing COVID warning, inflation concerns

By Florence Tan SINGAPORE (Reuters) – Oil prices slipped more than $2 on Monday as a flare-up in COVID-19 cases in Beijing quelled hopes for a rapid pick-up in China’s.

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Oil Extends Losses as Investors Weigh US Inflation, China Demand

(Bloomberg) — Oil extended losses for a third session as investors weighed the prospect of further monetary tightening to combat surging US inflation and the potential for more virus restrictions.

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Ukraine grain exports via Poland, Romania face bottlenecks – deputy foreign minister

By Kanupriya Kapoor SINGAPORE (Reuters) – Ukraine has established two routes through Poland and Romania to export grain and avert a global food crisis although bottlenecks have slowed the supply.

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Oil Down as Resume of Stringent COVID-19 Curbs in China Might Dent Demand

By Zhang Mengying Investing.com – Oil was down on Monday morning in Asia as investors are concerned about the resuming of stringent COVID-19 curbs such as partial lockdowns in Shanghai.

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