Oil drops on concerns of a recessionCommodities

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%,…

Ukraine redirects some Russian gas flowsCommodities

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…

Malaysia Thinking About Cutting the Palm Oil TaxCommodities

Malaysia Thinking About Cutting the Palm Oil Tax

Plantation Industries and Commodities Minister Zuraida Kamaruddin interviewed her ministry and has already proposed the cut to the finance ministry,…

Oil increases 3% on Russian oil banCommodities

Oil increases 3% on Russian oil ban

Brent crude futures climbed $2.94, or 2.8%, to $107.91 a barrel by 0746 GMT amid thin trading volume, with China…

Ukraine wishes for more nuclear equipmentCommodities

Ukraine wishes for more nuclear equipment

He declared that this includes radiation measurement devices, protective material, computer-related assistance, power supply systems, and diesel generators in a…

Corn is approaching a 10-year highCommodities

Corn is approaching a 10-year high

The most-active corn contract (Cv1) was unchanged at $7.99-3/4 a bushel, as of 0422 GMT, but not far from its…

Libyan Supply Outage Causes Oil to Be UnstableCommodities

Libyan Supply Outage Causes Oil to Be Unstable

Brent crude was under 26 cents, or 0.23%, to $112.90 a barrel at 0643 GMT; it rose to more than…

China’s Iron Ore Futures Are Exploding On-Demand RecoveryCommodities

China’s Iron Ore Futures Are Exploding On-Demand Recovery

Capacity utilization rates of blast furnaces at 247 steel plants over the country were at 86.42% this week, data from…

Energy Prices Wake Output from Dead   Commodities

Energy Prices Wake Output from Dead  

More producers are answering calls for new oil supplies as U.S. prices stay past $100 per barrel, driven by Russia’s invasion…

Germany Struggles with Oil and Gas After the Russian BanCommodities

Germany Struggles with Oil and Gas After the Russian Ban

Some German power plant operators had previously prepared for sanctions announced last week for several months. It was because of…