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Commodities
Oil prices steady at 4-mth low, set for fourth straight week in red
© Reuters.
Investing.com-- Oil prices hovered around a four-month low in Asian trade on Friday, and were headed for steep weekly losses amid signs of increased supplies and…
Freeport CEO: ‘encouraged’ by signs of U.S.-China thaw
© Reuters. FILE PHOTO: Richard Adkerson, CEO of Freeport-McMoRan, speaks at a news conference at the CERAWeek energy conference by S&P Global in Houston, Texas, U.S. March…
South Florida storm dumps more than a foot of rain
By Rich McKay (Reuters) - A fierce storm packing hurricane-force wind gusts dumped more than a foot (30.5 cm) of rain on parts of South Florida on Thursday, flooding homes…
U.S. soybean exports hit annual peak, corn sales surpass forecasts
© Reuters.
WASHINGTON - U.S. agricultural exports witnessed a significant shift in the week ending on Wednesday, with soybean shipments reaching an annual high and corn…
U.S. targets maritime companies, vessels for shipping oil above Russian price cap
© Reuters. FILE PHOTO: The seized Russian-flagged oil tanker Pegas is seen anchored off the shore of Karystos, on the Island of Evia, Greece, April 19, 2022. REUTERS/Vassilis…
LME and SHFE may collaborate following critique of risk management
The London Metal Exchange (LME) and the Shanghai Futures Exchange (SHFE) are hinting at a potential collaboration in the wake of criticisms over the LME's handling of a…
Oil prices could soar amid Israel-Gaza conflict, World Bank cautions
© Reuters
The recent escalation in the Israel-Gaza conflict, following the October 7 attacks by Hamas on Israeli towns, has intensified global economic concerns with…
India slashes windfall tax on diesel and crude oil
© Reuters
NEW DELHI - In a move that reflects the current global oil market trends, the Indian government announced significant reductions in the windfall tax on diesel and…
Gold holds recent gains as Fed uncertainty persists
© Reuters.
Investing.com-- Gold prices steadied on Thursday, but paused a recent recovery rally after stronger-than-expected U.S. retail sales data brewed some uncertainty…
Oil prices slide further on US inventory build, China demand woes
© Reuters.
Investing.com-- Oil prices extended losses into Asian trade on Thursday after a bigger-than-expected weekly build in U.S. crude stockpiles, while signs of easing…