Commodities

Russia’s Nornickel Plans PGMs Refinery Construction in Bahrain, Sources Report

LONDON (Reuters) – Russian metals giant Nornickel is planning a joint venture to construct a platinum group metals (PGMs) refinery…

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Global Gas Prices Expected to Rise Amid Tightening Supply

According to a recent research note, UBS analysts predict a rise in global gas prices due to tightening supply and…

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Evacuate Now, Biden Urges Those in Hurricane Milton’s Path – Reuters

Biden Urges Immediate Evacuations in Florida Ahead of Hurricane Milton WASHINGTON – On Tuesday, U.S. President Joe Biden called on…

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Oil Prices Increase Slightly Amid China and Recession Concerns, Challenging Memorial Day Demand Predictions

By Barani Krishnan Crude oil prices experienced fluctuations throughout Monday, initially rising before reversing course to close with little change.…

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Greece Receives EU’s Initial Approval to Curb Power Prices

Greece has announced that the European Commission has given initial approval for a plan to cap wholesale electricity prices, aimed…

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German Economy Minister Anticipates EU Embargo on Russian Oil ‘Within Days’ – ZDF, Reuters

Germany’s economy minister, Robert Habeck, stated on Monday that the European Union is expected to reach an agreement on an…

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Florida Ports Closed, Navigation Restricted in South Carolina Ahead of Milton – Reuters

HOUSTON – Most ports in Florida, including Tampa and Sarasota, were closed to all vessel traffic on Tuesday in preparation…

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Gold Prices Decline as Powell and Payrolls Take Center Stage; Copper Weakens

Gold prices experienced a slight decline during Asian trading on Tuesday, remaining within a narrow trading range as traders awaited…

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US Remains Open to Talks with Venezuela After Maduro Announces Meeting, Reports Reuters

By Daphne Psaledakis and Matt Spetalnick WASHINGTON – The Biden administration remains willing to engage in discussions with the Venezuelan…

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Oil Prices Pull Back from Two-Month Highs, Settling Lower Amid Summer Demand Hopes

Oil prices experienced a decline on Tuesday after reaching two-month highs, despite anticipation of increased demand during the upcoming Independence…

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