Commodities

Commodities News

EU leaders agree “in principle” on Russia oil embargo – von der Leyen

BRUSSELS (Reuters) – EU leaders have reached an agreement “in principle” on banning oil imports from Russia, European Commission chief Ursula von der Leyen said early on Tuesday. “I am.

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Commodities News

Gold Up, Dollar Down as Asian Risk Appetite Grows

By Gina Lee Investing.com – Gold was up on Monday morning in Asia, firming in volatile trading. A weaker dollar gave the yellow metal a boost, but a move towards riskier assets.

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Commodities News

Oil Up, Investors Await EU Decision on Russian Oil Sanctions

By Gina Lee Investing.com – Oil was up on Monday morning in Asia, hitting two-month highs as investors wait and see if the European Union (EU) can reach an agreement on a.

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U.S., European thirst for fuel sends physical oil prices soaring

By Noah Browning and Alex Lawler LONDON (Reuters) – Sky-high refining margins for diesel and gasoline in Europe and the United States, driven by a cutoff in Russian supply, has.

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Commodities News

Oil climbs ahead of EU meeting on Russia sanctions

By Sonali Paul MELBOURNE (Reuters) – Oil prices rose to two-month highs on Monday as traders waited to see if the European Union would reach an agreement on banning Russian.

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Commodities News

Analysis-How the Ukraine conflict is reshaping global oil markets

By Alex Lawler LONDON (Reuters) – Russia’s invasion of Ukraine has reconfigured the global oil market, with African suppliers stepping in to meet European demand and Moscow, stung by Western.

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Commodities News

Crude Oil Edges Lower; Driving Season Prompts Positive Week

By Peter Nurse    Investing.com — Oil prices eased slightly Friday but remained on course for another weekly gain, supported by rising U.S. demand at the start of the summer driving.

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Commodities News

More Russian Oil Than Ever Before Is Heading for China and India

(Bloomberg) — A record volume of Russian oil is on board tankers, with unprecedented amounts heading to India and China as other nations restrict imports because of the war in.

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Commodities News

High gas prices, energy security fears impede decarbonisation push

By Florence Tan and Joyce Lee DAEGU, South Korea (Reuters) -Energy security has become a top priority for importers as forecasts of tighter gas supplies and volatile prices in the.

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Commodities News

Gold price on cusp of giving breakout in spot market. Should you buy now?

Gold price in spot market is on cusp of giving breakout above $1865 levels, believe commodity market experts Gold price today: On account of continuous fall in the dollar index and.

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