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456 posts

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Commodities

Commodities

Oil posts weekly losses as US data dents hopes for near-term rate cuts

By Press Room
February 3, 2024
2 Mins read
Commodities

Oil prices in weekly slump as Gaza ceasefire hopes, stronger dollar bite

By Press Room
February 2, 2024
1 Mins read
Investing.com — Oil prices fell Friday, to end the week deep in the red as growing optimism over an extended ceasefire in…
Commodities

US Gulf of Mexico oil auction is largest since 2015

By Press Room
January 31, 2024
2 Mins read
(Reuters) -A Biden administration auction of Gulf of Mexico drilling rights raised $382 million on Wednesday as oil companies claimed offshore acreage…
Commodities

US finds fewer cases of avian flu in wild birds, a good sign for poultry

By Press Room
January 30, 2024
1 Mins read
By Tom Polansek CHICAGO (Reuters) – The U.S. is detecting fewer cases of avian flu in wild birds that transmit the virus…
Commodities

Oil settles up on Red Sea tensions; gains capped by US stock builds

By Press Room
January 29, 2024
2 Mins read
By Laura Sanicola (Reuters) -Oil prices settled slightly higher after a choppy trading session on Wednesday as investors worried about global trade…
Commodities

Oil prices settle higher, but unexpected build in US crude inventories weigh

By Press Room
January 28, 2024
1 Mins read
Investing.com — Oil prices settled higher Wednesday, but upside momentum was stifled by an unexpected jump in U.S. crude supplies that fueled…
Commodities

Gold prices rangebound as markets gauge 2024 rate cut bets

By Press Room
January 27, 2024
2 Mins read
Investing.com– Gold prices moved little in Asian trade on Thursday, sticking to a trading range established over the past week as markets…
Commodities

Angola leaves OPEC in blow to oil producer group

By Press Room
January 26, 2024
2 Mins read
By Miguel Gomes, Ahmad Ghaddar and Alex Lawler LUANDA/LONDON (Reuters) – Angola said on Thursday it would leave OPEC in a blow…
Commodities

Oil prices settle lower as Angola exit stokes concerns of weakening 'OPEC put'

By Press Room
January 25, 2024
1 Mins read
Investing.com — Oil prices fell Thursday after Angola decided to exit the Organization of the Petroleum Exporting Countries (OPEC), pointing to a further…
Commodities

Oil prices slip as Angola decides to exit OPEC

By Press Room
January 24, 2024
2 Mins read
By Nicole Jao NEW YORK (Reuters) – Oil prices settled lower on Thursday after Angola said it would exit the Organization of…
Commodities

China's 2024 steel demand to fall 1.7%, exports to slow - state researcher

By Press Room
January 23, 2024
1 Mins read
BEIJING (Reuters) – China’s steel demand in 2023 will decline by 3.3% from 2022 and contract a further 1.7% in 2024, a…
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