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Commodities
European Energy Crisis Prompts High-Level Conference
© Reuters.
In the face of rising energy prices and geopolitical tensions, the European Central Bank (ECB), the International Energy Agency (IEA), and the European…
Study says Albertans could save billions if they leave Canada Pension Plan
© Reuters. View of the downtown city skyline of Edmonton, Alberta, Canada, October 6, 2021. Picture taken October 6, 2021. REUTERS/Todd Korol/File photo
By Maiya Keidan…
Oil faces first weekly decline in a month amid Federal Reserve signals
© 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.…
Hedge fund manager revises strategy due to robust oil market
© Reuters
James Jampel, founder of Massachusetts-based HITE Hedge Asset Management, announced on Thursday that his previous strategy of shorting fossil fuel stocks is no…
Gold ends week little changed, clinging to mid $1,900, despite hawkish Fed
© Reuters.
Investing.com — Gold prices ended the week little changed, rebounding from a one-week low, as markets continued their debate on whether the Federal Reserve’s…
Airfare hikes loom as crude oil price surge hits airline industry
© Reuters
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…
Biden’s IRA drives surge in US imports of Chinese used cooking oil
© Reuters.
By Andrew Hayley BEIJING (Reuters) - U.S. incentives to boost consumption of more environmentally friendly fuel has created a new market for used Chinese cooking…
First big grain ship leaves Ukraine’s Black Sea port
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© Reuters. Palau-flagged cargo ship Resilient Africa, carrying Ukraine grain, transits Bosphorus in Istanbul, Turkey September 22, 2023. REUTERS/Yoruk Isik
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KYIV…
Argentina wheat sales stall as farmers wait for election, rains
© Reuters. FILE PHOTO: A view shows limp wheat plants, a result of the climate phenomenon La Nina, at a farm in Navarro, in Buenos Aires province, Argentina December 5, 2022.…
JPMorgan advocates for energy stocks, anticipates supply-demand gap post-2025
© Reuters.
JPMorgan has recently upgraded its rating on global energy stocks from Neutral to Overweight, predicting a supply-demand gap after 2025 and improving sector…