Saudi Arabia may Cut Crude Prices for Asia in OctoberCommodities

Saudi Arabia may Cut Crude Prices for Asia in October

Saudi Arabia may cut prices for most crude grades in October for Asia. This came as a poll of six…

Gold Slightly Lowers Ahead of U.S. Economic ReportsCommodities

Gold Slightly Lowers Ahead of U.S. Economic Reports

Prices of gold slightly edged lower early on Wednesday as investors awaited U.S economic reports. That includes results of private-sector…

Oil Lowers ahead of OPEC and Allies MeetingCommodities

Oil Lowers ahead of OPEC and Allies Meeting

The United States has called for the pumping of more crude prompting OPEC and allies to set a meeting on…

Oil Down, Hurricane Ida WeakensCommodities

Oil Down, Hurricane Ida Weakens

Prices of oil dropped from a four-week high on Monday as hurricane Ida weakened. Precautionary shutdowns of the U.S. Gulf…

Singapore Fuel Oil Stocks Fall to a 6-month LowCommodities

Singapore Fuel Oil Stocks Fall to a 6-month Low

In Singapore, residual fuel oil inventories sank  4% in the week ended Aug. 25.  Its oil stocks  were down to…

Oil Falls as Demand Concerns Return, Mexico Restored SupplyCommodities

Oil Falls as Demand Concerns Return, Mexico Restored Supply

Oil  pointed downwards on this week’s first session on Thursday, as  demand concerns return due to the  rising COVID-19 infections…

Oil Settles Near $71 Following a Strong RallyCommodities

Oil Settles Near $71 Following a Strong Rally

Oil prices  settled near  $71  a barrel  following a recent two-day rally. After Mexico’s major outage, the country was set…

Oil Extended Gains on a More Positive Demand OutlookCommodities

Oil Extended Gains on a More Positive Demand Outlook

Oil prices continued to rise on Tuesday, on a more positive demand outlook as Mexico went through a big production…

Oil Prices Up 3% On Weaker DollarCommodities

Oil Prices Up 3% On Weaker Dollar

Oil prices were up 3% on Monday, recouping from a seven-day losing streak. A weaker dollar drove energy commodity gains…

Oil on Course for 6% Weekly DropCommodities

Oil on Course for 6% Weekly Drop

Oil prices were down near three-month lows. They were down  for a seventh straight session on Friday.  Oil prices were…