Commodity News

Russia’s Jan-Nov Oil Production Rose 2%

European Union countries that have been primary customers of Russian crude for decades ceased buying it from seaports on Dec.…

1 year ago

The Oil Even Before the OPEC+ Meeting

Brent crude futures were higher 14 cents, or 0.2%, at $87.02 per barrel by 1008 GMT. U.S. WTI crude futures…

1 year ago

Shares of Tesla Surge

Analysts acknowledge that the electric vehicle company and all EV makers may face downcast pressure as demand for electric vehicles…

1 year ago

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

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