Commodities

Oil sinks on reports OPEC agrees to extend output cuts for 9 months

Investing.com - Oil prices fell sharply in North American trading on Thursday, erasing overnight gains following reports that global crude producers …

Oil

U.S. natural gas futures hit session lows after supply data

Investing.com - U.S. natural gas futures fell to session lows on Thursday, following data showing that natural gas supplies in storage in the U.S. …

Financial Markets

OPEC, non-OPEC extend oil output cut by nine months to fight glut

VIENNA (Reuters) - OPEC and non-members led by Russia decided on Thursday to extend cuts in oil output by nine months to March 2018 as they battle a …

Oil

Oil tumbles 4% as OPEC confirms production cut extension to April 2018

Investing.com –The Organization of Petroleum Exporting Countries (OPEC) confirmed on Thursday that both the cartel and non-OPEC members led by Russia …

Oil

U.S. oilfield service firms lag shale recovery; old deals hold

HOUSTON (Reuters) - U.S. oil services companies have been doing a lot more work as recovering oil prices have lifted the shale industry from a …

Oil

Crude holds gains in Asia as OPEC and allies set for Vienna meet

Investing.com - Crude oil held gains in Asia on Thursday with all eyes on Vienna where OPEC and allied producers are widely expected to extend an oil …

Oil

OPEC delegates see nine-month cut extension as most likely decision

VIENNA (Reuters) - OPEC will most likely agree to extend oil production cuts for another nine months until March 2018, four OPEC delegates said on …

Oil

Gold off lows; Fed minutes on tap

Investing.com - Gold futures steadied on Wednesday, as investors awaited the release of the Federal Reserve’s minutes for its May meeting, to gauge …

Federal Reserve

U.S. inventories of oil, gasoline fall: EIA

(Reuters) - U.S. crude stocks fell last week as refineries hiked output, while gasoline stocks decreased and distillate inventories fell, the Energy …

Oil

The Content Trap: When Content Becomes a Commodity (and Three Ways to Break Free)

Everyone is publishing content today, at a blinding rate, and your undifferentiated content is getting lost in a sea of equally indistinguishable …

Digital Marketing

Oil prices steady as market awaits extended output cut

LONDON (Reuters) - Oil prices steadied on Wednesday as investors waited for news from Vienna where ministers from OPEC and other exporting countries …

Oil

The Daily Prophet: Trump Does His Best to Make Defense Shares Great

Connecting the dots in global markets.<p>Whether President Donald Trump's first foreign visit is deemed a success, failure or something in between, winners in markets are already starting to emerge.<p>The S&P 500 Aerospace & Defense Sector Index rose to an all-time high, led by Lockheed Martin, L3 …

S&P 500

U.S. plan to sell oil reserves undermines OPEC supply management efforts

SINGAPORE (Reuters) - U.S. President Donald Trump's proposal to sell half of the United States' strategic oil reserve surprised energy markets on …

Oil

U.S. lawmakers gear up to block Trump plan to slash oil stockpile

WASHINGTON (Reuters) - A Trump administration plan to sell off half the U.S. emergency crude oil stockpile to help balance the budget faces …

Financial Markets

Russia refusing to send some rail freight to Latvia - sources

MOSCOW/RIGA (Reuters) - Russia's state-owned railway monopoly is refusing most requests to take cargo from Russia to ports in Latvia, industry …

Russia

Gold edges higher in Asia after deadly Manchester concert venue blast

Investing.com - Gold edged higher in Asia on Tuesday after a deadly explosion at a concert venue in Manchester was said to be a terror attack with …

gold

Gold trades near 3-week high after deadly Manchester terror attack

Investing.com - Gold prices held near their strongest level in around three weeks in European trade on Tuesday, as investor sentiment skewed toward …

Financial Markets

Glencore predicts OPEC insulated from electric vehicle impact

ZUG, Switzerland (Reuters) - OPEC nations that deliver some of the lowest cost production will be relatively insulated from an early peak in oil …

Oil

Oil flat ahead of OPEC meeting

Investing.com - Oil was flat Wednesday amid confidence major producers will agree to extended an output cut deal.<br>U.S. crude was up 3 cents, or 0.06%, …

Oil

China slaps import duties on sugar; experts question impact

BEIJING (Reuters) - China said on Monday it will impose hefty penalties on sugar imports after lobbying by domestic mills, but experts said the …

China

From suspicion to engagement: OPEC, hedge funds and the Sistine Chapel

LONDON (Reuters) - It was an unconventional venue for an unusual encounter.<p>In the Vatican's Sistine Chapel in the summer of 2016, OPEC's new …

Oil

Oil rises to month-high with output cut extension expected

NEW YORK (Reuters) - Oil prices rose on Monday as growing confidence that top exporters would agree to extend supply curbs this week and speculation …

Oil

Gold slightly weaker in Asia as Trump tour eyed, NKorea shrugged off

Investing.com - Gold drifted weaker in Asia on Monday as Donald Trump's first visits abroad as president were in focus with a flurry of deals signed …

Financial Markets

Carlyle battles insurers in New York over Moroccan oil losses

LONDON (Reuters) - U.S. private equity firm Carlyle Group (NASDAQ:CG) is suing a group of its insurers over $400 million worth of oil it claims it …

Financial Markets

Trump EPA transition chief laments slow progress in killing green rules

WASHINGTON (Reuters) - The man who led President Donald Trump's transition team for the U.S. Environmental Protection Agency, Myron Ebell, told a …

Climate

Tunisia protesters shut oil transport pumping station: radio

TUNIS (Reuters) - Tunisian protesters on Saturday shut down an oil pumping station in southern Tatatouine province that feeds a coastal shipping …

Financial Markets

World News - Investing.com

PARIS (Reuters) - French financial prosecutors have launched an investigation into a 6.7 billion euro ($7.5 billion) 2008 contract between naval …

Iran

Make Commodities Count

As a way to compliment a traditional portfolio mix of equities and fixed-income assets, exchange traded fund investors should consider the diversification benefits of holding some exposure to alternative assets, like commodities.<p>"Commodities are key alternative investments that may offer …

Trading

U.K. on Verge of Rare Switch to Wheat Imports After Bad Crop - Bloomberg

The U.K. may find itself in a rare position of becoming a net importer of wheat this season.<p>Imports have exceeded demand in recent months, and if …

Agriculture

U.S. drillers add oil rigs for 18th week in a row: Baker Hughes

(Reuters) - U.S. energy companies added oil rigs for an 18th week in a row, the second-longest such streak on record, as expectations of higher crude …

Oil