Commodity News

Lawmakers Vigilant After FTX Collapse

Commodity Futures Trading Commission Chairman Rostin Behnam said Thursday that lawmakers should pass laws that would place strict standards on…

1 year ago

Oil Drops on Uncertainty

Brent crude futures dropped 25 cents, or 0.3%, to $86.72 per barrel by 0430 GMT, while U.S. WTI crude futures…

1 year ago

Oil Rises Over 2%

Brent crude futures climbed $2.06, or 2.48%, to $85.09 per barrel by 1044 GMT. The more active February Brent crude…

1 year ago

US Dollar Outlook Doesn’t Seem Promising

Anticipation of Fed Trimming of The Rate Hikes Weighs on Greenback When investors put money on higher inflation and US…

1 year ago

China Unrest Dents Optimism Toward Chinese Economy

Widespread opposition to China's COVID restrictions sparked demonstrations that risk leading to a government clampdown. The world's No. 2 (Chinese)…

1 year ago

Oil Drops to An 11-Month Low

Brent oil futures fell 2.6% to $74.31 per barrel in early Asian trade. Meanwhile, West Texas Intermediate crude futures plunged…

1 year ago

Gold Surpasses $1750

The minutes, published on Wednesday, revealed that the Fed was becoming increasingly worried over the effect of its new monetary…

1 year ago

Dollar Slips to 3-Month Lows

Investors Weigh in Fed's Dovish Outlook Many members of the Fed agreed that reducing the rate of increases was necessary.…

1 year ago

Oil Approaches a 2-Month Low

Nevertheless, liability in the dollar on dovish signals from the Fed helped reduce some selling pressure. Crude markets plunged on…

1 year ago

Oil Prices Are Back on Track

Brent crude futures for January dropped 77 cents, or 0.9%, to $86.85 per barrel by 12:54 p.m. EST (1754 GMT).…

1 year ago

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