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Commodities News
Gold inches down as U.S. bond yields bounce back
(Reuters) - Gold dipped slightly on Tuesday, as a recovery in U.S. Treasury yields from last week's one-month lows reduced the appeal of…
Oil slumps by more than $5 as Biden expected to cut U.S. fuel cost
By Shadia Nasralla(Reuters) - Oil prices tumbled by more than $6 a barrel on Wednesday amid a push by U.S. President Joe Biden to cut…
Oil jumps after Saudi Arabia hikes crude prices
MELBOURNE (Reuters) - Oil prices rose more than $2 in early trade on Monday after Saudi Arabia raised prices sharply for its crude sales in…
Oil prices rise after EU bans most Russian oil imports
SINGAPORE (Reuters) -Oil prices rose on Tuesday after EU agreed to slash oil imports from Russia by the end of 2022, fuelling worries of a…
Oil falls 2% on Powell comments, hopes for Venezuela supply
By Stephanie KellyNEW YORK (Reuters) - After hitting seven-week highs, oil prices slumped 2% on Tuesday as Reuters reported that the…
Oil slips as investors eye EU vote on Russian oil ban
By Florence TanSINGAPORE (Reuters) - Oil prices slipped in early Asian trade on Monday as investors eyed talks at the European Union on…
Gold dips as bond yields rise before Fed meeting
By Bharat Gautam(Reuters) - Gold prices fell on Monday as elevated U.S. Treasury yields pressured demand for zero-yield bullion, ahead…
Oil prices extend losses as Shanghai lockdowns hit demand outlook
By Yuka ObayashiTOKYO (Reuters) - Oil prices extended losses on Monday amid persistent worries that prolonged COVID-19 lockdowns in…
Oil prices rise on supply concerns as Ukraine crisis deepens
By Yuka ObayashiTOKYO (Reuters) - Oil prices rose on Monday as concerns grew about tighter global supply, with the deepening crisis in…
Oil markets open slightly lower as market weighs mixed supply signals
Oil futures were down slightly Thursday morning, after rising sharply in the first half of the week, as traders weighed a…