Investing.com – Gold prices fell for a second quarter in a row after losses that began in August and held through September, underscored by the current week’s drop — the worst in more than two years. Gold’s most-active futures contract on New York’s Comex, , settled at $1,866.10. an ounce,…

By Laura Sanicola (Reuters) -Oil prices settled 1% lower on Friday due to macroeconomic concerns and profit taking, but rose about 30% in the quarter as OPEC+ production cuts squeezed global crude supply. Front-month November futures settled down 7 cents to $95.31 per barrel at the contract’s expiry, up about…

Investing.com – Crude prices fell on the last trading day of September on growing uneasiness over how the world might cope in the coming months with exploding energy costs, even as the U.S. economy and inflation appeared to have escaped the worst of such impact right away. Those long oil…

By Divya Rajagopal TORONTO (Reuters) – Quebec is in talks with battery makers and automobile companies looking to invest about C$15 billion ($11 billion) in the Canadian province over the next three years to build electric vehicle (EV) supply chains, the head of its government-owned investment company told Reuters. Quebec…

CHICAGO (Reuters) – The release of commodity market-sensitive reports released by the U.S. Department of Agriculture (USDA) and other government agencies will be suspended if Congress fails to provide the government with funding for the fiscal year starting Sunday. During shutdowns, nonessential government employees are typically furloughed, or placed on…

Investing.com – finished the last trading day of September down while posting weekly, monthly and even quarterly gains as the price of America’s favorite fuel for indoor heating and cooling neared the key psychological bullish $3 mark. The most-active November gas contract on the New York Mercantile Exchange’s Henry Hub…

By Leah Douglas (Reuters) – Staff at the U.S. Department of Agriculture’s top research center have complained to federal regulators about hazards in the site’s ventilation system, four months after an initial federal complaint raising other workplace safety concerns, according to a copy of the latest complaint seen by Reuters.…

The oil market is bracing for its first weekly decline in four weeks, driven by the Federal Reserve’s signals of potential interest rate hikes within the year. The anticipation of higher borrowing costs has curbed the appeal for riskier assets like oil, despite physical scarcity in the crude market. West…

James Jampel, founder of Massachusetts-based HITE Hedge Asset Management, announced on Thursday that his previous strategy of shorting fossil fuel stocks is no longer viable due to the strong surge in oil prices. The hedge fund manager, known for his successful track record in shorting fossil fuel stocks, now acknowledges…

European airline passengers could soon face higher ticket prices as the cost of has surged to its highest level this year at $95 per barrel, due to production and export cuts by Saudi Arabia and Russia. This development has already caused a decline in share prices for US airlines and…