Commodities

Oil prices turn higher after U.S. inventory data

Investing.com - Oil prices turned higher on Wednesday, after data from the U.S. Energy Information Administration showed that domestic crude supplies …

Oil

Crude oil settles 1.2% higher on bullish inventory data

Investing.com – Crude futures settled higher on Wednesday, as data showed U.S. supplies of crude oil fell for a eighth-straight week while fears of …

Oil

Gold on its way to $1,400 - BAML

• Among the catalysts will be lower long-term interest rates and the failure of the president to deliver on promised economic reforms, says BAML's …

Financial Markets

Contaminated eggs cost Dutch chicken farmers 33 million euros

AMSTERDAM (Reuters) - Dutch chicken farmers have suffered around 33 million euros ($39 million) in damages as a direct result of culls and other …

Financial Markets

Harvard researchers say Exxon misled public on climate science

NEW YORK (Reuters) - Two Harvard University researchers said in a study published on Wednesday they had collected scientific data proving Exxon Mobil …

Climate

Nigerian Investor Sets Up $135 Million Commodities Exchange

A Nigerian startup is developing the first agricultural commodities exchange in Africa’s most populous country to take advantage of government’s …

Business

Commodities Could Be Edging Toward A Bull Market

Commodities could be setting up for a prolonged breakout.<p>That might be the real reason Goldman Sachs is starting to bolster its commodity unit.<p>There …

Business

U.S. Navy to relieve Seventh Fleet commander after collisions in Asia: source

WASHINGTON/TOKYO (Reuters) - The U.S. Navy will relieve Seventh Fleet Commander Vice Admiral Joseph Aucoin after a series of collisions involving its …

Financial Markets

Crude futures flat post inventory data

• EIA Petroleum Inventories: Crude -3.3M barrels vs. -3.5M consensus, -8.9M last week.<br>• Gasoline -1.2M barrels vs. -0.6M consensus, 0.0M last …

Oil

Gold holds onto gains as dollar weakens

Investing.com - Gold prices remained higher on Wednesday, as sentiment on the greenback soured following remarks by U.S. President Donald Trump and …

Financial Markets

U.S. natural gas futures pull further away from $3.00-level

Investing.com - U.S. natural gas futures edged lower for the second straight session on Wednesday, pulling further away from the key $3.00-level as …

Financial Markets

China alliance urges separating politics, economics in Belt and Road investment

BEIJING (Reuters) - China should separate politics and economics when investing in renewable energy projects in countries along its Belt and Road …

Financial Markets

Oil prices fall on concerns of oversupply, low investment

SINGAPORE (Reuters) - Oil prices fell early on Wednesday, squeezed between concerns of oversupply, sparked by rising Libya output, and fears of …

Oil

North American exodus at PetroChina sparks speculation of company shift

NEW YORK (Reuters) - A flurry of departures across the U.S. and Canadian units of Chinese state energy firm PetroChina Co Ltd (SS:601857) have …

Financial Markets

Goldman to Revive Commodities Unit

Bloomberg’s Stuart Wallace discusses plans for the commodities unit at Goldman Sachs. He speaks with Alix Steel on "Bloomberg Daybreak: Americas." …

Business

Gold slides as traders look ahead to Jackson Hole speeches

Investing.com - Gold prices edged lower on Tuesday, as market players looked ahead to the annual meeting of top central bankers and economists in …

Economy

Threat of price war clouds horizon for Maersk shipping business

COPENHAGEN (Reuters) - A.P. Moller-Maersk has been fortified by the $7.5 billion sale of its oil and gas business to France's Total, but the …

Financial Markets

ASX wilts as BlueScope shares torched

Shares suffered a dour start to the trading week as BlueScope Steel became this earnings season's latest victim, while selling in bluechips Telstra …

Markets

U.S. finds Argentine, Indonesian biodiesel subsidized: U.S. industry group

WASHINGTON (Reuters) - The U.S. Commerce Department on Tuesday made a preliminary finding that imports of biodiesel from Indonesia and Argentina were …

Financial Markets

Gold fails to breach $1,300 as dollar rebounds

Investing.com – Gold prices fell on Tuesday, following a rebound in the dollar, as traders remained wary of initiating large positions in the yellow …

Financial Markets

OPEC to discuss output cut in November

• OPEC will debate whether to "extend or terminate" the OPEC and non-OPEC production cut at a meeting in late November, according to Kuwait Oil …

Oil

U.S. divers search for 10 missing sailors in hull of damaged destroyer

SINGAPORE (Reuters) - U.S. Navy and Marine Corps divers began searching sealed sections of the damaged hull of a U.S. warship on Tuesday for 10 …

Military

Oil prices edge up on signs of gradually tightening market

SINGAPORE (Reuters) - Oil prices inched up early on Tuesday, lifted by indications that supply is gradually tightening, especially in the United …

Oil

Crude oil prices up in Asia as Trump unveil steady course in Afghanistan

Investing.com - Crude oil rose in Asia on Tuesday as President Donald Trump laid out a strategy for keeping troops in Afghanistan after 16 years, …

Oil

The victor, the spoils? Trump eyes Afghanistan's elusive mineral riches

KABUL (Reuters) - U.S. President Donald Trump is eyeing Afghanistan's mineral wealth to help pay for a 16-year war and reconstruction efforts that …

Financial Markets

Gold's rally looks even better compared to oil

• Old timers from the 1970s commodity boom will remember the common wisdom then said oil and gold more or less had to move together.<br>• Well, gold's 11% …

Financial Markets

OPEC to discuss ending or extending production cut in November: Kuwait minister

CAIRO (Reuters) - OPEC will discuss at a meeting in November whether to extend or end production cuts, Kuwait's oil minister Essam al-Marzouq told …

Oil

Special Report: Refiner Valero's secret campaign against U.S. biofuels mandates

(Reuters) - U.S. biofuels regulations, which mandate mixing corn-based ethanol into gasoline, have lately drawn together a diverse cast of political …

Financial Markets

Gold eyes $1,300 as North Korea tensions rise

Investing.com – Gold prices traded near session highs on Monday, in the wake of continued dollar weakness, following growing fears over geopolitical …

North Korea

Gold holds onto gains as geopolitical risks linger

Investing.com - Gold prices held onto modest gains on Monday, hovering close to a nearly one-year high, as geopolitical tensions continued to support …

Financial Markets