Commodities News

Gold traded under pressure as capital continued to pour into U.S. equities.

Water used in oil and gas well drilling may become classified as hazardous waste, complicating the lives of companies that use it if a new bill, sponsored by a New Jersey...

Jobless claims decline but don’t impress

Chinese refinery crude oil throughput has reached its highest level ever, with total processed volumes up 12.0% in the first five months of this year compared to 2020, and up 10.9%...

Reliance Industries Ltd RELI.NS said on Thursday it hopes to formalise its partnership with Saudi Aramco 2222.SE this year and its Chairman Yasir Al-Rumayyan will join the Indian...

Temasek-backed conglomerate Keppel and Singapore’s smaller Sembcorp Marine are considering combining their loss-making offshore and marine (O&M) businesses as they battle a...

Singapore’s prosecution on Thursday filed 105 more charges in court against Lim Oon Kuin, the founder of collapsed oil trading firm Hin Leong Trading Pte Ltd. The charges are in...

Dated Brent has shot past $75/b, oil inventories are falling and market forecasters are warning of a supply crunch this summer if OPEC and its allies do not agree to pump more...

Global crude oil prices are expected to be in the $75-80 per barrel range till September, CARE Ratings said in a report on Thursday. This assumes significance for India, the...

Latin American oil and gas companies have before taxes full-cycle costs of approximately $34/barrel (bbl) of oil, below Fitch Ratings’ Brent and West Texas Intermediate (WTI) price...

U.S. energy company executives polled by the Federal Reserve Bank of Dallas have an optimistic outlook driven by upticks in activity and a jump in oil prices, according to a survey...

A new optimism is entering the market, with oil prices ending higher on Thursday at what is a nearly 3-year high. WTI was trading at $73.30, up $0.21 (0.29%) on the day. Brent was...

Powell’s testimony to Congress failed in generating a rebound in gold prices; thus, the bearish trend could continue. On Tuesday (June 22) the Fed Chair testified before the Select...

Over the past year, the money supply in the United States has grown at an unprecedented rate and these alarming trends are showing significant signs of acceleration as coronavirus...

India’s oil-to-telecoms conglomerate Reliance Industries plans to invest more than US$10 billion in three years in a new business unit that will build solar module, battery...

It’s been a rough month thus far for the precious metals complex, with the price of gold (GLD) plunging by more than 7% thus far in June despite one of the highest inflation...

First Trust Natural Gas ETF (FCG) - $0.0397.30-Day SEC Yield of 0.82% as of May 28.Payable Jun 30; for shareholders of record Jun 25; ex-div Jun 24.

One of OPEC’s largest producers, the United Arab Emirates (UAE), is considering the potential adoption of a net-zero by 2050 goal, Bloomberg reported on Thursday, citing sources...

Unlike European supermajors, U.S. Chevron doesn’t have any plans to reduce its oil and gas business to invest in solar or wind power, chief financial officer Pierre Breber said at...

Oil futures settled with a modest gain on Thursday, with traders weighing the outlook for energy demand as well as a decision by the Organization of the Petroleum Exporting...

U.S. Yields remain stable

Halfway through 2021, commodities such as steel and ethanol have seen impressive gains, though others have seen prices drop sharply this month, with lumber nearly erasing its climb...

Natural gas prices continued to rally on Thursday following the inventory report released by the Department of Energy. Prices pushed toward resistance and

With oil trading above $70 per barrel while investment activity remains low, the world’s publicly traded exploration and production (E&P) companies are set to generate...

Russian oil prices from the Volga river region for domestic market supply in July have reached a record high, rising by around 11% from the previous month thanks to stronger oil...

RR Crypto, a digital asset investment association based around Dijon, central France, has reported the loss of funds amounting to between $48–69 million (or between 34 million or...

Oil prices decline over US/Iran talks Crude prices are dipping over expectations Iran nuclear deal talks could resume as early as next week, as well as expectations that OPEC+ will...

The silver markets have sat at the $26 level again during the trading session on Thursday as we continue to sit around the 200 day EMA as well.

Crude oil markets gapped higher to kick off the trading session on Thursday, dropped a bit, only to turn around and show signs of strength again.

The natural gas markets have rallied again during the trading session on Thursday as we are reaching the crucial $3.40 level.

Gold markets have rallied ever so slightly during the trading session on Thursday, as we continue to see a lot of back and forth in this market.

The OPEC+ alliance is widely expected to decide next week to further ease the collective production cuts, but the additional supply from August will likely still be less than the...

New York, US, June 24, 2021 (GLOBE NEWSWIRE) -- Market Overview: According to a comprehensive research report by Market Research Future (MRFR), "Global Gas Sensor Market...