Commodities

Commodities News

U.S. gasoline average price tops $5 per gallon in historic first

By Laura Sanicola (Reuters) -The price of U.S. gasoline averaged more than $5 a gallon for the first time on Saturday, data from the AAA showed, extending a surge in.

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Commodities News

Taiwan threatens WTO action after China stops grouper fish imports

TAIPEI (Reuters) – Taiwan’s government threatened to take Beijing to the World Trade Organization on Saturday after China suspended the import of grouper fish from the island saying it had.

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Commodities News

Gold Hits 4-Week Highs as U.S. Inflation Report Shocks Markets

By Barani Krishnan. Investing.com — Inflation is everywhere. And gold bulls are lapping it up. U.S. gold futures hit four-week peaks on Friday as stocks on Wall Street took their.

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Commodities News

Biden promised Bolsonaro U.S. would reconsider tariffs on Brazil steel -sources

By Lisandra Paraguassu LOS ANGELES (Reuters) -U.S. President Joe Biden has promised his Brazilian counterpart Jair Bolsonaro the United States will reconsider tariffs levied on Brazilian steel as they met.

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Oil Skids on Soaring U.S. Inflation, Dollar; A Barrel Still Above $120

By Barani Krishnan Investing.com — Oil prices skidded on Friday as U.S. inflation at more than 40-year highs suggested even more aggressive rate hikes that sent the dollar flying, making.

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Commodities News

Coal India Floats Global Tenders To Source 6 Million Tonnes Dry Fuel

Coal India Limited (CIL) on Friday floated two international tenders to source 6 million tonnes of dry fuel to shore up supplies Amid a spike in power demand due to.

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Oil prices on track for weekly gain amid high U.S. demand

By Bozorgmehr Sharafedin LONDON (Reuters) – Oil rose on Friday and was on track for another weekly gain supported by solid fuel demand in the United States, although fresh COVID-19.

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Business Commodities News

Amid Shortage Scare, Coal India Issues Tender For Import

Coal India issued a tender to import 2.42 million tonnes of coal by end-September to boost fuel availability amid fears of a shortage NEW DELHI:  Coal India, the world’s largest.

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Commodities News

Indian Crude Oil Basket Hits 10-Year High Of $121 Per Barrel

The basket of crude oil that India buys has hit a decade high of $121 per barrel, but retail selling prices of petrol and diesel remain unchanged New Delhi:  The.

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Commodities News

FAO Expects India’s Wheat Export To Be 7 Million Tonnes In Current Fiscal

Global wheat production in 2022 is predicted to decline from the 2021 record level by 0.8 per cent, reaching 771 million tonnes United Nations:  Exception to India’s wheat export ban.

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