Commodities

India Is About to Allow the Halted Wheat Shipments

The government said India would also allow wheat exports to Egypt in a statement. The government said it decided that…

2 years ago

Russia Becomes the 4th Oil Supplier

According to the data, Russia's share in India's oil purchases increased to a record 6%, approximately 277,000 barrels per day…

2 years ago

Europe Could Mix Tariffs with Russian Oil

U.S. Treasury officials informed reporters that the tariff concept would come at the G7 finance leaders meeting this week as…

2 years ago

Putin Doubts European Ditch

EU members are reconciling a proposed oil embargo on Russia over Ukraine. Nevertheless, talks failed this week due to a…

2 years ago

Oil Has Support While Gold Improves

Brent crude increased by 2.45% to USD 113.85 a barrel overnight, where it remains in quiet Asian trading. WTI rose by 3.30%…

2 years ago

Equinor Decided to Expand Brazil Oil Operators

The company stated that the firms want to expand future production from the Bacalhau oil field; Equinor's largest project outside…

2 years ago

Brazil mills withdraw sugar exports

Almost every company involved in sugar trading in Brazil has seen revocations. A trader at a prominent international commodities merchant…

2 years ago

Iraq Is Hesitant About Chinese Control of Its Oilfields

After 2021, Russia's Lukoil (LKOH.MM) and U.S. oil major Exxon Mobil (XOM.N) to sell stakes in marked fields to Chinese…

2 years ago

Oil drops on concerns of a recession

Brent crude was under $1.92, or 1.8%, to $105.59 a barrel at 1202 GMT. WTI crude dropped $1.79, or 1.7%,…

2 years ago

Ukraine redirects some Russian gas flows

Ukraine has remained an influential route for Russian gas to Europe even since the Feb. 24 invasion, which President Vladimir…

2 years ago

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