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Commodities
Factbox-What is OPEC+ and how does it impact oil prices?
© Reuters. FILE PHOTO: Austrian police officers stand in front of the OPEC headquarters in Vienna, Austria, June 3, 2023. REUTERS/Leonhard Foeger/File Photo
(Reuters) - The…
Gold prices steady as Fed fears ease, copper rises on China stimulus
© Reuters.
Investing.com-- Gold prices were muted on Monday, but retained a bulk of last week’s gains as easing concerns over rising U.S. interest rates pulled down the…
Copper prices climb on Fed rate hike pause expectations
© Reuters
Copper prices have soared to $8,333.50 per ton today as investors' confidence is bolstered by the prospect of an end to the Federal Reserve's interest rate hikes.…
Oil extends gains as OPEC+ to mull deeper cuts
© Reuters. FILE PHOTO: Austrian police officers stand in front of the OPEC headquarters in Vienna, Austria, June 3, 2023. REUTERS/Leonhard Foeger/File Photo
By Florence Tan…
Oil prices steady with China rates, OPEC meeting in focus
© Reuters.
Investing.com-- Oil prices moved little in Asian trade on Monday before a key interest rate decision in top importer China, while an upcoming meeting of the…
OPEC+ to consider whether more oil cuts needed – sources
© Reuters. OPEC logo is seen in this illustration taken, October 8, 2023. REUTERS/Dado Ruvic/Illustration
By Olesya Astakhova and Alex Lawler MOSCOW/LONDON (Reuters) - OPEC+…
US oil prices drop as inventory builds, production hits record high
© Reuters.
WASHINGTON - US West Texas Intermediate (WTI) crude prices tumbled to $72.90, as the latest data revealed a significant inventory build coupled with a record…
Crude oil prices slide despite geopolitical tensions
© Reuters
NEW YORK - In the face of ongoing geopolitical conflicts and market dynamics, West Texas Intermediate (WTI) prices have experienced a notable decline. Even with…
Corn and soybean prices dip on Brazilian weather outlook, wheat edges lower
© Reuters.
CHICAGO - In early trading today on the Chicago Board of Trade (CBOT), agricultural commodities experienced mixed movements with Dec wheat rising to $5.50 per…
US aims to speed heat pump manufacturing using Cold War-era law
WASHINGTON (Reuters) - The U.S. will fund nine projects with $169 million from last year's climate bill to speed manufacturing of heat pumps, systems that can heat and cool…