KYIV (Reuters) -The first big ship carrying grain from a Ukrainian Black Sea (NYSE:) port has set sail since Moscow quit a deal in July to allow exports, a Ukrainian deputy prime minister said on Friday, part of Kyiv’s campaign to break Russia’s de facto blockade. The Aroyat “left the…

By Maximilian Heath BUENOS AIRES (Reuters) – Argentina’s sales of the upcoming wheat crop are the slowest in seven years, delayed by farmers waiting for heavier rainfall and gambling on the result of the country’s Oct. 22 presidential election, with some candidates pledging tax cuts on grains exports. Argentina, a…

JPMorgan has recently upgraded its rating on global energy stocks from Neutral to Overweight, predicting a supply-demand gap after 2025 and improving sector fundamentals. The bank anticipates that major companies will outperform midcaps and has upgraded Eni to Overweight while maintaining Overweight on Shell (LON:), TotalEnergies (EPA:), and Neste. Repsol…

Roundhill Investments, an exchange-traded fund (ETF) sponsor, launched the world’s first dedicated Liquefied Natural Gas (OTC:) (LNG) ETF on Friday. The new product, named Roundhill Alerian LNG ETF (NYSEARCA:LNGG), began trading on the New York Stock Exchange Arca, offering investors exposure to leading companies across the LNG value chain, including…

By Andrew Hayley BEIJING (Reuters) – U.S. incentives to boost consumption of more environmentally friendly fuel has created a new market for used Chinese cooking oil, worth almost $390 million in the last 12 months and growing rapidly, China’s customs data shows. China has been shipping more waste oil to…

By Andrew Osborn (Reuters) – Russian foreign policy hawks savoured chaotic scenes at Kabul airport when U.S. forces quit Afghanistan two years ago. Images of fleeing Armenians at Russia’s own peacekeeping base at an airport in Nagorno-Karabakh have been harder for them to watch. Just as Washington’s retreat prompted some…

Investing.com — Crude prices had first weekly loss in four after the Federal Reserve signaled it might raise interest rates again before the end of the year — and anytime inflation gets out of hand.  The downside in oil prices was, however, limited by Russia’s export ban on fuels, which…

In a research report published on Friday, JPMorgan analyst Christyan Malek upgraded the entire global energy sector to an overweight rating, warning that the recent surge in oil prices could potentially drive prices as high as $150 a barrel by 2026. This prediction is based on factors such as capacity…

Investing.com — Gold prices ended the week little changed, rebounding from a one-week low, as markets continued their debate on whether the Federal Reserve’s final rate hike for the year would be in November or December. “Weakening global growth prospects are (also) starting to attract some safe-haven flows towards bullion,”…

By Arathy Somasekhar and Nicole Jao HOUSTON (Reuters) -Oil prices held steady on Friday but closed the week lower on profit-taking and as markets weighed supply concerns stemming from Russia’s fuel export ban against demand woes from future rate hikes. futures settled 3 cents lower at $93.27 a barrel. It…