Commodities & Futures News

By Sourasis Bose (Reuters) - Phillips 66 (NYSE:PSX) missed quarterly profit estimates dueto a decline in refining margins led by underperformance at its Gulf Coast operations....

By Noah Browning LONDON (Reuters) - Oil prices rose on Friday, on track to end higher this week following two straight weeks of losses, after a top U.S. official expressed...

(Reuters) -About one in five samples of commercial milk in the U.S. tested positive for traces of bird flu in a national survey, with a greater proportion coming from areas with...

Investing.com-- Oil prices rose on Friday and were set for a positive end to the week as U.S. inflation comes in as expected, helped by bets on tighter supplies and persistent...

By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil Corp on Friday missed analysts' estimates with a 28% year-on-year drop in first quarter profits as weaker refining margins and...

ASTANA (Reuters) - Russia and its allies in Asia should expand joint military exercises as they face a direct threat from attempts by the United States to expand its security...

A look at the day ahead in U.S. and global markets from Mike Dolan A volatile week for Wall Street megacaps looks set to end with a positive twist as Microsoft (NASDAQ:MSFT) and...

Investing.com-- Gold prices rose in Asian trade on Friday as signs of a cooling U.S. economy fed some demand for the yellow metal, although gains were limited in anticipation of...

Investing.com -- Norway leads zero-emission car sales, but surprisingly that hasn't left a big dent in the electric car superpower's appetite for oil, suggesting that calls on peak...

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices were steady on Thursday as concern about fuel demand after slower-than-expected U.S. economic growth was offset by worries of...

By Valerie Volcovici WASHINGTON (Reuters) - President Joe Biden's administration on Thursday announced final rules targeting carbon, air and water pollution from power plants that...

On Thursday, Citi provided insights into the recent dynamics of oil prices, noting that geopolitical tensions had initially prompted a surge in Brent crude above $90 per barrel....

HAVANA (Reuters) - Argentine jet fuel providers in Buenos Aires refused to service Cuban state airline Cubana this week citing concerns over U.S. trade sanctions on Cuba, the...

Investing.com-- Gold prices fell in Asian trade on Thursday and were close to breaking below key levels as waning safe haven demand and the prospect of higher-for-longer U.S....

By Tom Polansek and Julie Steenhuysen CHICAGO (Reuters) -The U.S. government will require dairy cattle moving between states to be tested for bird flu starting on Monday as...

Investing.com-- Oil prices settled lower Wednesday, as cooling tensions in the Middle East stifled bets on supply disruptions and signs of weaker gasoline demand overshadowed a...

By Nicole Jao NEW YORK (Reuters) -Oil prices fell on Wednesday as worries over conflict in the Middle East eased and business activity in the United States slowed, although a fall...

(Reuters) - The Biden administration is racing to finalize a slew of major environmental regulations to help safeguard them from potential reversal should former President Donald...

By Sabrina Valle HOUSTON (Reuters) - Technology advances are making it possible for U.S. shale oil and gas companies to reverse years of productivity declines, but the related...

TOKYO (Reuters) - Japan's trade and finance ministries said on Wednesday they will initiate an anti-dumping investigation into graphite electrodes from China. The electrodes are an...

Investing.com-- Gold prices kept to a tight range in Asian trade on Wednesday as further losses in the yellow metal were limited by a weaker dollar, although anticipation of more...

By Manas Mishra and Jasper Ward (Reuters) -The U.S. Food and Drug Administration said on Tuesday that it had found bird flu virus particles in some samples of pasteurized milk,...

By Shariq Khan NEW YORK (Reuters) -Oil prices rose by more than $1 a barrel on Tuesday as the U.S. dollar index fell to its lowest level in more than a week and investors shifted...

Investing.com -- U.S. crude stockpiles unexpectedly fell last week, the API reported Tuesday, adding to expectations that demand is on the rise ahead of the summer driving...

Investing.com-- Oil prices jumped Tuesday, underpinned by a dip in the dollar on weaker U.S. economic data and the prospect of tighter global supply amid bets on of broader...

By Marianna Parraga and Deisy Buitrago HOUSTON/CARACAS (Reuters) -Venezuela's state-run oil company PDVSA plans to increase digital currency usage in its crude and fuel exports as...

UBS noted that the price of iron ore has seen a week-over-week increase to approximately $118 per ton. This upward movement comes despite indicators suggesting a softness in the...

On Tuesday, UBS adjusted its price forecast for metallurgical coal in 2024, citing current market conditions. The financial services firm reduced its hard coking coal (HCC) price...

UBS noted a shift in sentiment among option market players regarding palladium prices. Despite recent increases in net-long positions by non-commercial accounts, the outlook for...

By Noah Browning LONDON (Reuters) - Electric car sales will rise strongly in 2024 and increasingly undercut oil demand, the International Energy Agency (IEA) forecast on Tuesday,...

WASHINGTON (Reuters) - The Biden administration on Tuesday set a new goal to protect vast U.S. water sources, from rivers to wetlands, as part of a series of announcements marking...

Investing.com-- Gold prices fell in Asian trade on Tuesday, extending overnight losses as easing concerns over geopolitical tensions in the Middle East sapped the yellow metal of...

By Daina Beth Solomon, Fabian Cambero and Ernest Scheyder SANTIAGO (Reuters) - Chile's state-run copper miner Codelco must focus on boosting its production, but it has a global...

By Erwin Seba HOUSTON (Reuters) - Oil futures fell on Monday as traders focused on market fundamentals, seeing little near-term risk that the Middle East conflict would impact...

Investing.com-- Oil prices settled lower Monday, extending losses from the prior week on easing fears of an Iran-Israel escalation after Tehran said it would not seeks to retaliate...