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Commodities News
Oil falls a second day after IEA warns of slowdown in demand
By Aaron SheldrickTOKYO (Reuters) - Oil prices fell for a second day on Friday after the IEA warned that demand growth for crude and its…
Oil drops for third day on concerns COVID-19 variant spread to cut demand
By Naveen ThukralSINGAPORE (Reuters) - Oil prices fell for a third day on Wednesday on mounting concerns that the increasing spread of…
Bitcoin jumps after Musk says Tesla could use it again
SINGAPORE (Reuters) - Bitcoin hit a two-week peak just shy of $40,000 on Monday, after another weekend reacting to tweets from Tesla…
Oil prices extend gains as demand outlook offsets India concerns
By Florence TanSINGAPORE (Reuters) - Oil prices extended gains on Thursday after rising 1% the previous session, as bullish forecasts on…
Oil falls 1% as India’s COVID-19 surge dents demand outlook
By Yuka ObayashiTOKYO (Reuters) -Oil prices fell more than 1% on Monday on fears that surging COVID-19 cases in India will dent fuel…
Oil falls as European lockdowns douse recovery hopes
TOKYO (Reuters) - Oil prices resumed their decline on Monday, falling around 1% as worries about a drop in demand for fuel products in the…
Oil prices rise on economic outlook, drawdown in fuel stocks
By Jessica JaganathanSINGAPORE (Reuters) - Crude oil prices rose on Thursday as vaccine rollouts bolstered the economic outlook and U.S.…
Oil prices rise on expected economic recovery, likely drawdown in oil stocks
By Jessica JaganathanSINGAPORE (Reuters) - Oil prices rose on Tuesday on expectations of a recovery in the global economy after U.S.…
Big Oil hits brakes on search for new fossil fuels
By Ron BoussoLONDON (Reuters) - Top oil and gas companies sharply slowed their search for new fossil fuel resources last year, data…
Brent crude edges up as optimism over economy trumps demand concerns
By Florence TanSINGAPORE (Reuters) - Brent crude futures edged up on Tuesday as optimism that government stimulus will buoy global…