Commodities

Indian Oil Minister: $110 a Barrel Oil Not Sustainable, According to Reuters

DAVOS, Switzerland – India’s Oil Minister Hardeep Singh Puri addressed the World Economic Forum on Tuesday, stating that a price…

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China’s Sinopec Achieves Significant Oil and Gas Flow at South China Sea Well, According to Reuters

SINGAPORE (Reuters) – China’s Sinopec Corp has reported a significant discovery of oil and gas from an offshore exploration well…

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Explainer: Indonesia’s Stop-Start Controls on Palm Oil Exports

By Bernadette Christina and Fransiska Nangoy Indonesian President Joko Widodo has announced the resumption of palm oil exports following a…

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New Records Set as Job Scans Increase, Tesla Surges – Reuters

Market Overview: A Look Ahead at U.S. and Global Markets Federal Reserve Chair Jerome Powell eased some concerns in bond…

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Oil Prices Steady After Decline Amid Potential Israel-Hezbollah Ceasefire, Reports Reuters

By Colleen Howe BEIJING (Reuters) – Oil prices remained stable during Asian trading on Wednesday as traders assessed the uncertainty…

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Oil Prices Surge Following Significant Losses; Large U.S. Inventory Build Caps Recovery

Oil prices experienced a rebound during Asian trading on Wednesday, recovering some of the significant losses from the previous session.…

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Record High Cargoes of Russia’s Flagship Crude Oil at Sea

HOUSTON (Reuters) – Approximately 62 million barrels of Russia’s flagship Urals crude, marking a record high, are currently sitting on…

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Gold Prices Rise as Dollar Weakens on Rate Cut Hopes

Gold prices experienced a modest increase during Asian trading on Wednesday, benefiting from a retreat of the dollar following positive…

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Gas Stations Run Empty as Panic Grips Florida Ahead of Hurricane Milton

By Shariq Khan NEW YORK (Reuters) – A significant number of gasoline retailers in Florida displayed empty fuel signs on…

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White House Considers Waiving Smog Rules on Gasoline to Lower Pump Prices – Sources, By Reuters

By Jarrett Renshaw and Stephanie Kelly The White House is considering a waiver for U.S. gasoline environmental regulations designed to…

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