Commodities News

Refineries in the United States were turning to Iraqi and Canadian oil to replace Gulf crude. As a result of the resurgence in India’s crude imports, the country’s imports of crude...

Big oil could help tackle the water shortage in the western United States by repurposing existing infrastructure to help transport clean water to the areas most in need....

Gold Weekly Price Analysis – September 25 Should the bears push the price below the support level of $1,717 support level, then, bearish pressure may extend to the previous low of...

Gold prices ended the week with little change on the day, and little change when compared to last Friday’s close.

The oil industry is in a terminal decline, hedge fund manager James Jampel told Bloomberg on Friday, noting that this year’s rise in oil stocks has been “the biggest dead-cat...

Silver moved sideways on Friday, forming a doji day despite a stable dollar and rising yields. The greenback was able to gain traction as yields surged

Bumper earnings from operating dry bulk ships hauling commodities such as iron ore, coal, and grains, have incentivized shipowners to speed up their vessels, which in turn is...

Houston-based oil producer Hilcorp is evaluating Phillips 66’s refinery in Alliance, Louisiana, for conversion into an oil export terminal, said four sources familiar with the...

China’s National Energy Administration (NEA) on Friday proposed providing support for coal and oil companies to build solar power and other clean energy generation projects with...

ConocoPhillips COP.N is offering to sell about $500 million in conventional oil and gas properties in the top U.S. oil basin, according to a marketing document seen by Reuters,...

China begins the sale of its Strategic Petroleum Reserves (SPR) today. According to Wood Mackenzie, a Verisk business (Nasdaq:VRSK), the SPR auction is unlikely to have material...

At the current pace of policy change and decarbonisation, the long-term oil and gas demand outlook for Asia looks remarkably robust. Under Wood Mackenzie’s base case energy...

When it comes to the trading of LNG cargoes, why do stakeholders see long-term and spot as two separate markets? To answer this question, one can examine the differences in the...

Based on our September Short-Term Energy Outlook, we expect industrial sector natural gas consumption to rise throughout 2021 and to exceed pre-pandemic 2019 levels. We forecast...

After months of stalling because of Covid restrictions and OPEC cuts, as well as significant international criticism over misplaced funds, Nigeria appears to be optimistic about...

Strong fundamental indicators like low debt and higher dividends should translate to higher value, but that hasn’t been the case with gold miners. Kitco News recently reported that...

U.S. West Texas Intermediate crude oil futures are edging lower on Friday, but still holding on to their weekly gains. The price action suggests profit-taking is taking place ahead...

Natural gas prices rallied sharply, rising more than 3.2% and demand continues to outstrip supply. The weather is expected to remain warmer than average

iShares U.S. Oil Equipment & Services ETF (IEZ) - $0.0235.30-Day SEC Yield of 0.84% as of Aug 31.Payable Sep 30; for shareholders of record Sep 27; ex-div Sep 24.

iShares U.S. Oil & Gas Exploration & Production ETF (IEO) - $0.5657.30-Day SEC Yield of 1.86% as of Aug 31.Payable Sep 30; for shareholders of record Sep 27; ex-div Sep 24.

LONDON (Reuters) -Oil prices steadied on Friday near a two-month high of $77.50 a barrel and were headed for a third straight week of gains, supported by global output disruptions...

Oil prices are heading for another weekly gain as supply disruptions led to tighter supply. The risk of traders taking profits, however, could push prices lower.  Friday, September...

Oil futures ended higher on Friday, with U.S. prices up nearly 3% for the week, their fifth straight weekly advance, as U.S. inventories hover at their lowest since 2018. West...

1. Oil Supply Disruptions Set To Ease- With September seeing crude supply disruptions across continents, the upcoming months should bring most of that idled capacity back, also...

Gold futures settled modestly higher on Friday, little changed from a week ago. Gold prices moved up after China property giant Evergrande's woes extended beyond China, with U.S....

Crude oil markets initially fell during the course of the week but then turned around to show signs of life again. By doing so, the market looks as if it is ready to continue to go...

The crude oil markets have rallied a bit during the course of the trading session on Friday, to close out the week on the highs as momentum continues to pick up.

The number of oil and gas rigs in the United States rose by 9 again this week, according to Baker Hughes The total rig count is now 521, up 260 from this time last year, but...

The total count of active drilling rigs in the U.S. gained 9 to 521, matching last week's gain, according to Baker Hughes' latest weekly survey.U.S

Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil climbed by 10 to 421 this week. That followed increases in each of last two weeks as a...

Natural gas markets have fallen significantly during the course of the week only to turn around and form a hammer. The hammer of course contradicts the shooting star from the...