Commodities News

While Powell’s comments may be seen as a short-term rally killer, we can’t call gold bearish until we see how traders react to support levels.

Both precious metals and crypto are generally seen as two widely differing sectors, one, a trusted store of value that has endured over centuries, while the other, a nascent and...

Oil continues to trade at levels last seen more than seven years ago as investors remain focused on the threat of a Russian attack on Ukraine.

Gold is 0.4% lower this morning, as it is trading above the $1,800 price level. What about the other precious metals?

Gold futures trade lower on Thursday, a day after the U.S. Federal Reserve signaled that it would soon be appropriate to raise interest rates as soon as March.

CAMBRIDGE, Mass., Jan. 27, 2022 (GLOBE NEWSWIRE) -- Biogen Inc. (NASDAQ:BIIB) and Eisai Co., Ltd. (Tokyo, Japan) today announced additional details about the Phase 4...

The Los Angeles city council has voted to eliminate new oil and gas wells in the city, and phase out existing production over five years.This follows a motion from LA County to...

The Diem Association, the social network-based payments tech project founded by Meta (FB) in 2019, is selling its technology to Silvergate Capital (SI), a small bank that had...

Dwindling inventories in the developed world, rising demand and doubts about OPEC’s output are supporting predictions for higher crude prices

A potential ban on Russian use of the SWIFT payments system and the dollar could impact energy exports, if included in new financial sanctions in the event of a Russian invasion of...

Oil prices fell on Thursday as the U.S. dollar strengthened following signs that the Federal Reserve will tighten monetary policy soon in the world’s biggest oil user. Futures...

The oil market faces a precarious situation in 2022 amid renewed supply disruptions, intensifying geopolitical risks, dwindling OPEC+ spare capacity, and a rise in security...

European oil markets and refiners are the most exposed to potential tougher Western financial sanctions or pipeline interruptions likely to follow a possible Russian invasion of...

The United States, the world’s top natural gas producer, is in talks with major energy-producing countries and companies over a potential diversion of liquefied natural gas (LNG)...

BEIJING (Reuters) – Oil prices fell on Thursday as investors cashed in profits from the 2% gains in the previous session after the U.S. Federal Reserve indicated an interest...

Copper demand fundamentals remain bullish but the supply outlook is more concerning, as political developments in South America are turning against copper miners, Freeport...

The energy sector has continued to defy the broad market selloff in the new year, with seven of Tuesday's top eight gainers on the S&P 500 being oil and gas stocks, thanks in large...

U.S. soybean futures rallied today to their highest level since June, as soyoil futures rose alongside energy markets and historically high palm oil prices, Reuters...

Silver prices moved lower on Wednesday in light of the Fed’s hawkish stance on interest rates. Markets are pricing in that the Fed will raise rates by 25 basis points in March with...

As talks on reviving the so-called Iranian nuclear deal enter a critical stage with the window of opportunity for a comprehensive agreement closing, oil markets are on edge once...

The FOMC meeting concluded today and as many expected, extreme volatility came into both the U.S. equities markets as well as gold.

Spot gold erases its YTD gains after the Federal Reserve said it would soon be appropriate to raise interest rates, and Fed Chair Jerome Powell said officials are "of a mind" to...

US Steel (NYSE:X) is scheduled to announce Q4 earnings results on Thursday, January 27th, after market close.The consensus EPS Estimate is $4.25 and the consensus Revenue Estimate...

Ero Copper (ERO) has priced an offering of $400M of its Senior Notes due 2030.Interest on the notes, which will be issued at par, will accrue at an annual rate of 6.50%,...

Stubbornly low investment in upstream oil & gas The upstream industry has struggled to boost spending over the years. According to IEA data, annual investment in upstream oil and...

Top oil exporter Saudi Arabia may raise prices of all grades of crude it sells to Asia in March on firm demand and stronger margins for gasoil and jet fuel, trade sources said. The...

Dubai has supported financial markets through legislative frameworks and right infrastructure, and allowed exchanges – such as the Dubai Mercantile Exchange – to consolidate their...

Exxon Mobil Corp. XOM.N next month plans to start production at its second oil platform in Guyana, a person familiar with the matter said on Tuesday. Guyana is one of Exxon’s top...

Saudi Arabia, the world’s largest oil exporter, is expected to lift the official selling prices of all its crude grades sold in Asia next month on the back of solid demand and...

Venezuela appears to be following in Iran’s footsteps by starting to ignore U.S. sanctions on its oil industry to once again develop its substantial crude reserves. After years of...