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456 posts

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Commodities

Commodities

Oil up about 2% on big US crude storage draw, Middle East tension

By Press Room
October 20, 2023
2 Mins read
Commodities

Gold prices rally to near 1-mth high as Middle East tensions worsen

By Press Room
October 20, 2023
2 Mins read
Investing.com– Gold prices rose sharply on Wednesday, nearing a one-month high as a potential escalation in the Israel-Hamas war drove up safe…
Commodities

US hydrogen tax credits touch off sparring letters from Senate Democrats

By Press Room
October 20, 2023
2 Mins read
By Valerie Volcovici WASHINGTON (Reuters) – Ten Senate Democrats will ask President Joe Biden’s administration not to include strict rules guiding use…
Commodities

Oil up as Powell plays down US rate hike odds, reversing early loss on Venezuela 

By Press Room
October 19, 2023
3 Mins read
Investing.com – Oil prices rose for a third day in a row as Federal Reserve Chair Jerome Powell’s disinclination to suggest another…
Commodities

Alaska sues Biden administration over canceled Arctic oil and gas leases

By Press Room
October 19, 2023
2 Mins read
By Clark Mindock (Reuters) -An Alaska state agency on Wednesday sued the Biden administration over its decision to cancel oil and gas…
Commodities

Venezuela's oil sanctions relief may lift profits, no fast output rebound

By Press Room
October 19, 2023
3 Mins read
By Marianna Parraga HOUSTON (Reuters) – A broad easing of U.S. oil sanctions on Venezuela will not quickly expand its output but…
Commodities

Gold prices pull back as Fed jitters offset safe haven demand

By Press Room
October 19, 2023
2 Mins read
Investing.com– Gold prices retreated from over two-month highs on Thursday as caution before a speech by Federal Reserve Chair Jerome Powell somewhat…
Commodities

China Strives for Soybean Self-Sufficiency Amid Global Tensions

By Press Room
October 19, 2023
1 Mins read
China’s drive towards self-sufficiency in soybeans, a crucial commodity for human and animal protein consumption, is altering global agricultural trading flows. The…
Commodities

Gold prices retreat from two-month high ahead of Powell's speech

By Press Room
October 19, 2023
1 Mins read
Gold prices have descended from over two-month highs as markets anticipate Federal Reserve Chair Jerome Powell’s imminent speech and react to a…
Commodities

Oil slips as Venezuela sanctions ease, Middle East in focus

By Press Room
October 19, 2023
2 Mins read
By Ahmad Ghaddar LONDON (Reuters) -Oil prices fell about 1% on Thursday as the United States eased sanctions on Venezuela to allow…
Commodities

US oil refiners crank out diesel, further squeezing margins for gasoline

By Press Room
October 19, 2023
2 Mins read
By Laura Sanicola and Stephanie Kelly WASHINGTON (Reuters) – U.S. oil refiners have cranked up output of diesel, and jet fuel for…
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