Commodities & Futures News

NEW YORK (Reuters) - Extreme heat and rising electricity demand are expected to drive up power prices in Texas this summer, while the rest of the U.S. power markets are broadly...

Investing.com -- Brent oil prices are likely to fall below $80 a barrel rather than break through $90 a barrel as bearish storm clouds are likely grow in the months ahead.  "[W]e...

By Nicole Jao NEW YORK (Reuters) -Oil prices edged higher on Wednesday after data showed U.S. crude stockpiles fell last week as refiners slowly ramped up output ahead of the...

Investing.com -- Oil prices settled higher Wednesday even as U.S. oil supplies fell for less than expected, though signs of a pick up in refining activity ahead of the U.S. summer...

By Shariq Khan NEW YORK (Reuters) - U.S. gasoline and diesel demand are at their weakest seasonal level since the 2020 coronavirus pandemic, data from the Energy Information...

By Trixie Yap SINGAPORE (Reuters) - Oil giant Shell (LON:SHEL) said on Wednesday that it has agreed to sell its Bukom refinery in Singapore - one of the world's largest oil...

Investing.com-- Gold prices rose marginally in Asian trade on Wednesday, seeing little support from safe haven demand as recent comments from Federal Reserve officials saw markets...

By Shariq Khan NEW YORK (Reuters) -Oil prices closed slightly lower on Tuesday on signs of easing supply concerns, while market participants shifted their focus to U.S. stockpiles...

By Timothy Gardner and Patricia Zengerle WASHINGTON (Reuters) - Two influential Republican U.S. lawmakers have urged President Joe Biden to prevent a French company from working...

Investing.com -- U.S. crude stockpiles increased last week, the API reported Tuesday, pointing to signs of ongoing weakness in demand even as the U.S. summer driving season...

Investing.com-- Oil prices settled just lower Tuesday as traders weighed a U.S. decision to resume buying oil from its emergency reserves and ongoing worries about weaker demand...

By Maximilian Heath and Matias Baglietto CORDOBA PROVINCE, Argentina (Reuters) - Global warming has brought Argentina's corn farmers a dangerous new enemy: a yellow insect just...

(This May 2 story corrects U.S. official's quote to say annual cap is 500,000 barrels, not 500, in paragraph 3 and to say Ukraine, not North Korea, in paragraph 8) By Steve...

By Arriana McLymore NEW YORK (Reuters) - Traces of banned Chinese cotton were found in 19% of a sample of merchandise selling at U.S. and global retailers in the past year, a...

WASHINGTON (Reuters) - Nearly 75 U.S. lawmakers from President Joe Biden's Democratic party on Tuesday praised his pause on approvals of exports of liquefied natural gas, or LNG,...

By Scott DiSavino (Reuters) - U.S. spot power and natural gas prices turned negative in Texas, California and Arizona for Tuesday as pipeline maintenance trapped gas in the...

By Xinghui Kok SINGAPORE (Reuters) -The United States sees Iran's capacity to move its oil as reliant on service providers based in Malaysia, with oil being transferred near...

Investing.com-- Gold prices fell slightly in Asian trade on Tuesday, having taken limited support from increased unrest in the Middle East, while focus also remained on potential...

(Reuters) - The United States and its allies must encourage mining projects in countries where Western corporations are reticent to do business to guarantee a reliable and...

(Reuters) - The U.S. Centers for Disease Control and Prevention (CDC) said on Monday it had met with state health officials and asked them to facilitate distribution of protective...

Investing.com -- Oil prices settled higher Monday, after swinging wildly on dwindling hopes for an end to the Gaza war as Israeli Prime Minister Benjamin Netanyahu reportedly said...

By Erwin Seba HOUSTON (Reuters) -Oil futures ended largely unchanged on Monday as a ceasefire agreement between Hamas and Israel continued to elude negotiators. Both crude oil...

By Philip Blenkinsop BRUSSELS (Reuters) - The European Union would ban trans-shipment of Russian LNG, the use of EU ports by vessels transporting goods contributing to Russia's...

By Georgina McCartney HOUSTON (Reuters) -As Big Oil returns this week to the industry's annual showcase for offshore energy projects and equipment in Houston, deepwater...

Investing.com-- Gold prices rose in Asian trade on Monday, capitalizing on a recent drop in the dollar as softer-than-expected U.S. payrolls data saw traders increase bets on...

By Mohi Narayan NEW DELHI (Reuters) -Global petrol demand growth could halve in 2024, squeezing second-half refinery margins, analysts said, driven by a shift to electric cars in...

By P.J. Huffstutter MONEE, Illinois (Reuters) - Farmer Luz Klotz straightened the brightly striped hair bow on Reba, a 1,600-pound heifer lounging on the ground under twinkling...

By Nicole Jao NEW YORK (Reuters) -Oil prices settled lower on Friday, and posted their steepest weekly loss in three months as investors weighed weak U.S. jobs data and possible...

By Timothy Gardner WASHINGTON (Reuters) - The U.S. has been preparing since 2022 for the possibility that Russian President Vladimir Putin would stop selling it nuclear power...

Investing.com-- Oil prices fell Friday, to remain on course for steep losses this week even as the dollar weakened following a weaker-than-expected U.S. jobs report, while data...

By Julie Steenhuysen CHICAGO (Reuters) - The Texas dairy farm worker infected with H5N1 bird flu was not wearing respiratory or eye protection and had been exposed to cattle that...

The focus of the oil markets seems to have shifted away from geopolitical context, indicating looser rather than restrictive supply and demand fundamentals in the future. This is...

2024 has seen gold prices surge to new record levels, with the yellow metal exceeding $2,400 an ounce last month due to increased global demand amid economic and geopolitical...

By Robert Harvey and Arathy Somasekhar LONDON/HOUSTON (Reuters) - Mexican export cuts and a rerouting of Canadian output are shrinking already limited supplies of heavy crude in...

Investing.com-- Gold prices moved little in Asian trade on Friday as markets remained averse to the yellow metal before key U.S. payrolls data, while the prospect of high for...