Commodities

By Katharine Jackson WASHINGTON (Reuters) – Texas’ electric grid operator asked residents and businesses to conserve energy on Sunday as its reserves were expected to decrease during a scorching heat wave that has caused demand to surge. The Electric Reliability Council of Texas (ERCOT) issued an appeal for conservation from…

DUBAI (Reuters) – Qatar is balancing its relationships with both the United States and China and one link does not damage the other, Prime Minister Sheikh Mohammed Bin Abdulrahman al-Thani said on Friday. China’s growing influence in the Gulf has unnerved the United States – an issue that came into…

(Reuters) – Canada said on Friday it will participate as a third party in the dispute settlement proceedings between the U.S. and Mexico regarding genetically modified (GM) corn in imported tortillas and dough, citing concerns about Mexico’s stance on the matter. The decision follows Washington’s request for a dispute settlement…

Investing.com — Gold prices fell slightly on Friday as traders largely favored the dollar ahead of more signals on U.S. monetary policy from the Jackson Hole Symposium, although signs of weakening growth still kept gold above key levels.  Gold was also set for its first positive week in five, as…

By Julia Payne BRUSSELS (Reuters) – Global energy trader Gunvor’s first-half net profit slipped to $803 million from $841 million a year earlier, it said on Friday, citing lower price volatility in gas and oil markets, while it more than doubled a provision set aside for a potential U.S. fine.…

Investing.com — Oil prices moved little in Asian trade on Friday, coming under pressure from a stronger dollar as traders hunkered down ahead of more cues on U.S. monetary policy from the Federal Reserve Chairman. While prices saw some stability in the prior session, they were still headed for a…

By Laura Sanicola (Reuters) – Oil prices fell slightly in early Asian trade on Friday, on track for a weekly decline as weak manufacturing activity hurt the global demand outlook and the dollar remained buoyant. fell 16 cents, or 0.2%, to $83.20 a barrel by 0013 GMT, while U.S. West…

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