Commodities

Commodities News

Ukraine thwarts Russian forces at river, sees long fight ahead

By Jonathan Landay DERGACHI, Ukraine (Reuters) -Ukrainian forces destroyed parts of a Russian armoured column as it tried to cross a river in the Donbas region, video from Ukraine’s military.

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Texas grid operator calls for power conservation as temperatures, prices soar

HOUSTON (Reuters) -The state of Texas’ power-grid operator on Friday called on residents to cut their electricity use this weekend after six generating plants fell offline in a heat wave..

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Ukraine says it damaged Russian ship, seeks evacuation of wounded Mariupol fighters

By Jonathan Landay KHARKIV, Ukraine (Reuters) -Ukraine said it had damaged a Russian navy logistics ship near Snake Island, a small but strategic outpost in the Black Sea, while relatives.

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Oil rises but fears of weaker demand limit gains

By Sonali Paul and Isabel Kua SINGAPORE (Reuters) -Oil prices extended gains on Friday but were headed for their first weekly loss in three weeks as worries about inflation and.

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Gold Down, as the Dollar Strengthens over the Fed’s Tightened Policies

By Gina Lee Investing.com – Gold was down on Friday morning in Asia, holding near a three-month low as the dollar continued to strengthen over the U.S. Federal Reserve’s tightening.

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Oil Resumes Climb Despite Weaker Demand Worries

By David Ho Investing.com – Oil was up Friday morning in Asia, resuming its climb after a small fall from fears about China’s lockdowns affecting growth and demand prospects. Brent oil futures rose.

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Column-World wheat squeeze set to worsen into 2023, price risks remain -Braun

By Karen Braun NAPERVILLE, Ill. (Reuters) – Despite global wheat prices trading at record highs for the time of year, market participants may have been too optimistic on the supply.

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Oil slips more than 1%, dogged by recession fears

By Florence Tan (Reuters) -Oil prices dropped more than 1% on Thursday in a volatile week as economic concerns and recession fears dogged global financial markets, outweighing supply concerns and.

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NATO to welcome Nordic members as Ukraine pushes back Russian forces

By Pavel Polityuk and Robin Emmott KYIV/BRUSSELS (Reuters) -Finland is expected to announce on Thursday its intention to join NATO with Sweden likely to follow soon after, diplomats and officials.

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Gold Down, Investors Digest U.S. Inflation Data

By Gina Lee Investing.com – Gold was down on Thursday morning in Asia. Investors are digesting the U.S. consumer price index (CPI), which suggested inflation remains high but has peaked in April,.

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