Commodities

Oil Drops on China Lockdown Concerns

Brent crude was down $2.05, or 2.0%, at $100.73 a barrel by 0620 GMT, while U.S. West Texas Intermediate crude…

2 years ago

Oil Is Set for A 3% Weekly Drop

Brent oil futures fell 0.64% to $99.94 by 12:30 AM ET (4:30 AM GMT); WTI futures were down 0.47% to…

2 years ago

Dairy Prices Decline Globally

Supplies of milk worldwide have shrunk; this resulted from dry weather in New Zealand, rains in Australia, and war in…

2 years ago

Oil Surpasses 3% as New Sanctions Approach

Global benchmark Brent crude leaped $3.14, or 3%, to settle at $107.53 a barrel. U.S. West Texas Intermediate crude climbed…

2 years ago

Wheat and Corn Declining

The most-active wheat contract on the Chicago Board of Trade (CBOT) (Wv1) fell 2.45% to $10.65-3/4 a bushel; corn (Cv1)…

2 years ago

Asian steel and iron ore on a downward path

The first factor is bearish for prices, as China's steel output may drop on lockdowns in some producing areas, such…

2 years ago

Russian Stocks Increase as Trading Resumes

The government declared on March 1 it would channel up to 1 trillion roubles ($10.5 billion) from its rainy-day National…

2 years ago

Gold Down; Warning Fed Limits Gains

Gold futures crept down 0.02% to $1,921.20 by 1:06 AM ET (5:06 AM GMT) Tiger Brokers chief strategy officer Michael…

2 years ago

Oil Drops Under $114 Due to Disagreements

European Union foreign ministers are divided on whether to join the United States in banning Russian oil. Some countries, including…

2 years ago

Gold Increases as The Crisis in Ukraine Persist

Spot gold (XAU=) increased 0.2% to $1,924.45 per ounce by 0712 GMT. U.S. gold futures (GCv1) were under 0.3% at…

2 years ago

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