Commodities

Investing.com– Oil prices fell in Asian trade on Monday, reversing a bulk of gains made in the prior session as anticipation of a Federal Reserve meeting and key economic readings this week spurred some profit-taking. Traders remained watchful of the Israel-Hamas war, after Israel over the weekend launched a ground…

BEIJING (Reuters) – China has urged the G7 not to “stubbornly adhere to double standards” but take practical action to maintain the normal international trade and investment order, after G7 industrial powers called for the repeal of Chinese import curbs on Japanese food products. “The G7 members undermine the level…

BRUSSELS (Reuters) – The United States will roll over its suspension of tariffs on European Union steel and aluminium if the two sides need more time to agree on measures to address overcapacity and low-carbon production, the U.S. ambassador to the EU said on Wednesday. The United States suspended import…

Investing.com – Oil ended one of its most volatile weeks for the year with a 3% loss as traders raced from one headline to another on the Middle East conflict that brought warring parties Israel and Hamas no closer to a solution despite intense mediation by the United States and…

By Valentine Hilaire (Reuters) -Panama will reject all new mining projects, the president said on Friday, as his government defends a controversial contract extending operations for two decades at a major mine that has sparked growing protests demanding its cancellation. President Laurentino Cortizo announced that the new mining restrictions will…

BUENOS AIRES (Reuters) – The Argentine government and oil companies on Saturday said fuel shipments are starting to arrive that in coming days should ease a shortage, after a spike in demand caused long lines at gas stations. Ten fuel shipments imported by the government are beginning to arrive, although…

ALMATY (Reuters) -At least 32 people have died and 14 remain missing after a mine fire in Kazakhstan, the Ministry for Emergency Situations said on Saturday. Operator ArcelorMittal (NYSE:) Temirtau, the local unit of Luxembourg-based steelmaker ArcelorMittal, said 206 of 252 people at the Kostenko mine had been evacuated after…

BRUSSELS (Reuters) – European Union leaders agreed at a summit on Thursday to call for the establishment of “humanitarian corridors and pauses” to get urgently needed aid into Gaza. In a declaration at the summit in Brussels, the leaders of the Union’s 27 nations expressed the “gravest concern for the…

Investing.com – US jumped 3% on Thursday, returning to the mid-$3 perch held two weeks ago, amid a smaller-than-expected storage build for last week and as bulls sought a hedge against concerns about an impending data blackout on associated gas production until mid-November. The most-active December gas contract on the…

A consortium led by Exxon Mobil (NYSE:), which includes Hess (NYSE:) and Cnooc (OTCPK:CEOHF), has made a significant discovery at the Lancetfish-2 well in Guyana’s Liza production license area, within the offshore Stabroek block. This discovery marks the fourth find of 2023 and brings the total number of discoveries since…

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