U.S. to Meet Biden’s Power Grid Climate GoalCommodities

U.S. to Meet Biden’s Power Grid Climate Goal

The United States will struggle to meet President Joe Biden’s climate goal,  natural resources consultancy Wood Mackenzie on Thursday said.…

China to Release First Batch of 7.38 Million BarrelsCommodities

China to Release First Batch of 7.38 Million Barrels

As much as 7.38 million barrels of crude oil will be released by China’s National Food and Strategic Reserves Administration…

China to Announce Details of Oil Reserve SalesCommodities

China to Announce Details of Oil Reserve Sales

The Chinese government said it will disclose details of planned crude oil sales from strategic reserves in due course. The…

Oil Rises to One-week Highs on U.S. Supply WorriesCommodities

Oil Rises to One-week Highs on U.S. Supply Worries

Oil prices are expected to remain at a range bound in a stable market in the coming months, according to…

Oil Heads towards $73 a Barrel on Tight U.S. SuppliesCommodities

Oil Heads towards $73 a Barrel on Tight U.S. Supplies

Signs of a tight oil supply were growing in the United States causing oil prices to rise towards $73 a…

Oil Steadies as Delta Variant Surge Weighs on Demand OutlookCommodities

Oil Steadies as Delta Variant Surge Weighs on Demand Outlook

The Delta variant continues to weigh on the demand recovery, offsetting a decline in U.S. Gulf of Mexico output in…

Natural-gas Futures Rose to Strongest Finish since 2014Commodities

Natural-gas Futures Rose to Strongest Finish since 2014

Natural-gas futures and oil prices were up on Wednesday due to a sluggish return of energy output in the Gulf…

Fears of Weaker Oil Demand Weigh on SentimentCommodities

Fears of Weaker Oil Demand Weigh on Sentiment

Prices of oil were mixed on Tuesday with Saudi Arabia’s sharp cuts in crude contract prices for Asia causing fears…

Oil Declines after Saudi Price CutsCommodities

Oil Declines after Saudi Price Cuts

Prices of oil were down on Monday, continuing to fall following Saudi Arabia’s cutting of crude contract prices for Asia…

Gold May Fall Despite Dismal PayrollsCommodities

Gold May Fall Despite Dismal Payrolls

Gold prices edged higher after the Jackson Hole symposium. The U.S. Federal Reserve Chair Jerome Powell managed to separate the…