Commodities

Largest Texas Ports Shut Down as Hurricane Beryl Approaches – Reuters

By Arathy Somasekhar, Marianna Parraga, and Erwin Seba HOUSTON (Reuters) – The largest ports in Texas suspended operations and vessel…

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Eni CEO States U.S. Investors Are Confident in Group’s Strategy, According to Reuters

MILAN (Reuters) – U.S. investment funds are expressing confidence in Eni’s strategy of spinning off its growth businesses to attract…

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Oil Prices Increase Due to Tight Supply and Rising U.S. Refining Activity, Reports Reuters

By David Gaffen Oil prices experienced an uptick on Wednesday, driven by tight supplies and robust processing activity among U.S.…

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Oil Rises Slightly; U.S. Distillate Stocks Surge Amid Record Prices

By Barani Krishnan Oil prices experienced a rise on Wednesday following data that indicated a weekly decline in U.S. crude…

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Hurricane Beryl Intensifies as It Approaches Houston, Warning of ‘Deadly Storm’ – Reuters

By Tyler Clifford Hurricane Beryl has intensified as it approaches the Texas coast, according to the U.S. National Hurricane Center…

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Fed ‘Skip’ Joins the Conversation as Major Banks Report, According to Reuters

Market Overview: A Glimpse Ahead As we look towards the U.S. and global markets, there are some notable developments to…

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Exclusive: India Has No Immediate Plan to Lift Wheat Export Ban, Says Commerce Minister

By Aditya Kalra DAVOS, Switzerland – India has no immediate plans to lift its ban on wheat exports but will…

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Gold Prices Dip from 1-Month High; Awaiting Powell and CPI for Rate Cues

Gold prices experienced a slight decline during Asian trading on Monday as traders awaited more insights on U.S. interest rates…

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U.S. Oil Stockpiles Declined by 1 Million Barrels Last Week: EIA

U.S. oil stockpiles experienced a more significant decline than anticipated in the past week, according to the Energy Information Administration’s…

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UN’s Grain-for-Fertiliser Plan Lacks Appeal for Moscow, Says Reuters

Russia has little incentive to accept a United Nations proposal aimed at unblocking Ukrainian grain exports through the Black Sea.…

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