Commodities
In the week ending on Sunday, soybean export inspections saw a notable rise, according to a recent report by the U.S. Department of Agriculture (USDA). The inspections increased by nearly 1 million metric tons from the previous week, reaching 1.64 million tons. This significant increase contributed to a slight uptick…
By Ashitha Shivaprasad (Reuters) – Gold prices eased on Tuesday after rising nearly 2% in the previous session as investors cautiously turned back to riskier assets and looked forward to further cues on the U.S. central bank’s policy stance. was down 0.1% at 1,858.64 per ounce as of 1:44 p.m.…
Investing.com – Crude prices fell Tuesday after a one-day rebound as traders hit the pause button on the market’s advance to better assess the impact from the Israel-Hamas war. New York-traded West Texas Intermediate, or , crude for delivery in November settled down 41 cents, or 0.5%, at $85.97 per…
By Erwin Seba HOUSTON (Reuters) -Oil prices settled lower on Tuesday, but bounced off session lows as concerns eased about potential supply disruptions from the battle between Israel and the Palestinian Islamist group Hamas, though traders remained watchful. settled down 50 cents, or 0.57%, at $87.65 a barrel. U.S. West…
By Jarrett Renshaw and Valerie Volcovici WASHINGTON (Reuters) -The Biden administration is expected to announce on Friday the winners of $7 billion in federal grants to build out regional hydrogen hubs, three sources familiar with the matter told Reuters. The announcement caps months of intense political jockeying among states from…
By Laura Sanicola (Reuters) – Oil prices were little changed in early Asian trade on Wednesday, as concerns eased about potential supply disruptions due to the conflict between Israel and the Palestinian Islamist group Hamas. rose 12 cents at $87.77 a barrel by 0009 GMT. U.S. West Texas Intermediate (WTI)…
ZAPORIZHZHIA (Reuters) – Ukraine’s air force expects a record number of Russian drone attacks on its soil this winter, its spokesperson Yuriy Ihnat said on Sunday, as Kyiv girds for a second winter of mass bombardment of its energy facilities. Ihnat said that data for September showed the use by…
(Reuters) – Bahrain, Iraq, Kuwait, Oman, Saudi Arabia and the United Arab Emirates reaffirmed their commitment to “collective and individual voluntary adjustments” to oil production, the Saudi state news agency said on Sunday. The oil ministers of the six countries met on the sidelines of the U.N. MENA climate week…
By Maha El Dahan, Yousef Saba and Ron Bousso DUBAI (Reuters) -The United Arab Emirates is refashioning state-owned Abu Dhabi National Oil Company (ADNOC) in the image of an international oil major by stepping up its global expansion and finding new revenue streams to maximise earnings for the Gulf state.…
CME Group’s (NASDAQ:) global Aluminum futures contract has set new records for the sixth consecutive quarter, with a notable surge in September. The contract’s average daily volume (ADV) for Q3 reached 4,656 contracts, representing a significant 98% increase from the previous year. September saw an even more substantial rise, with…