Commodities

Commodities News

Exclusive: Russia hikes oil exports from major Eastern port to help offset EU ban

(Reuters) – Russia is ramping up oil exports from its major eastern port of Kozmino by about a fifth, aiming to meet surging demand from Asian buyers and offset the.

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Crude Oil Edges Lower; Brent Likely to Hit $135/Bbl

By Peter Nurse    Investing.com — Oil prices edged lower Tuesday, handing back some of the recent gains although the overall tone remains bullish with demand set to pick up in.

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After India Wheat Export Ban, Rice Traders Step Up Purchases

India’s surprise ban on wheat exports has prompted rice traders to increase purchases and place unusual orders for longer-dated deliveries MUMBAI:  India’s surprise ban on wheat exports has prompted rice.

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Petrol, Diesel Prices: Fuel Prices Remain Unchanged Across Metros Today

Petrol, Diesel Prices Today: Fuel rates remained unchanged today on June 7, 2022 for the 17th day across the four metros Petrol, Diesel Prices Today: Fuel prices remained unchanged today on June.

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Gold Down Ahead of U.S. Inflation Data

By Zhang Mengying Investing.com – Gold was down on Wednesday morning in Asia as investors awaited the U.S. consumer price index (CPI) for more clues on the interest rate hikes. Gold futures inched.

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Oil tops $120 a barrel on Saudi pricing despite OPEC+ deal

By Laura Sanicola (Reuters) -Oil prices were largely unchanged after choppy trade on Monday, buoyed by Saudi Arabia raising its July crude prices but amid doubts a higher output target.

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Americans split on nuclear energy as safety worries linger – Reuters/Ipsos poll

By Timothy Gardner WASHINGTON (Reuters) – Just under half of Americans support nuclear power to generate electricity, a waning industry the Biden administration has been trying to revitalize with billions.

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Exclusive: U.S. to let Eni, Repsol ship Venezuela oil to Europe for debt – sources

By Marianna Parraga and Matt Spetalnick HOUSTON/WASHINGTON (Reuters) – Italian oil company Eni SpA and Spain’s Repsol (OTC:REPYY) SA could begin shipping Venezuelan oil to Europe as soon as next.

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Biden targets Latin America reset at summit marred by invite tension

By Matt Spetalnick and Dave Graham WASHINGTON/MEXICO CITY (Reuters) – When the United States said last year it would host the 2022 Summit of the Americas, officials had high hopes.

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Saudi Arabia may raise July crude oil prices for Asia

SINGAPORE (Reuters) – Top oil exporter Saudi Arabia may raise prices of all grades of crude it sells to Asia in July following strong refining margins for gasoline and jet.

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