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Commodities News
Weaker dollar, possible producer action buoy oil prices after 4% slump
By Florence TanSINGAPORE (Reuters) - Oil futures jumped more than $1 a barrel on Thursday amid a weaker dollar, recovering ground after…
Mexican trade chief slams U.S. demand on tomato inspections as ‘unacceptable’
MEXICO CITY (Reuters) - A top Mexico trade negotiator on Tuesday slammed a U.S. proposal to inspect all Mexican tomato exports as "totally…
Oil prices steady after Trump trade tariffs spark plunge
By Aaron SheldrickTOKYO (Reuters) - Oil prices rose more than 2% on Friday, rebounding from their biggest falls in years after U.S.…
Hit by sanctions and rising tensions, Iran’s oil exports slide in July
By Alex LawlerLONDON (Reuters) - Iranian oil exports have dropped in July to as low as 100,000 barrels per day (bpd) due to sanctions…
Oil steadies after global demand worries spark fall
TOKYO (Reuters) - Oil ticked higher early on Thursday after falling in the previous session as more signs of slowing global growth added to…
Oil rises on Middle East Gulf tensions; Libya field resumes output
By Noah BrowningLONDON (Reuters) - Oil prices rose more than 2% on Monday on concerns that Iran's seizure of a British tanker last week…
U.S. oil drillers cut rigs for second week in a row: Baker Hughes
(Reuters) - U.S. energy firms this week reduced the number of oil rigs operating for a second week in a row as drillers follow through on…
U.S. oil producers shut offshore output as storm forms in Gulf of Mexico
By Collin Eaton (NYSE:ETN) and Erwin SebaHOUSTON (Reuters) - Anadarko Petroleum Corp (N:APC) has joined major U.S. oil producers…
Oil rises more than 1% after U.S. stockpile drop; Brent nears $65
By Aaron SheldrickTOKYO (Reuters) - Oil prices rose on Wednesday, led by U.S. crude after an industry group reported that U.S.…
U.S. refiners urge EPA to keep biofuel waiver requests secret from USDA
WASHINGTON (Reuters) - A law firm representing small U.S. refineries has urged the Environmental Protection Agency to keep refiners'…