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Commodities News
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…
Special Report: UAE emerges as hub for companies helping Venezuela avoid U.S. oil sanctions
By Luc Cohen and Marianna ParragaNEW YORK (Reuters) - In June, the United States imposed sanctions on half a dozen oil tankers managed…
Oil prices fall amid worries over new coronavirus strain
By Yuka ObayashiTOKYO (Reuters) - Oil prices slid in early trade on Monday as a fast-spreading new coronavirus strain in the United…
Oil retreats from 9-month high as COVID-19 surge stokes demand fears
By Sonali Paul and Shu ZhangMELBOURNE/SINGAPORE (Reuters) - Oil prices eased on Friday but stayed within touching distance of nine-month…
Oil dips on demand worries as COVID-19 lockdowns tighten
By Alex LawlerLONDON (Reuters) - Oil slipped towards $50 a barrel on Tuesday as tighter lockdowns in Europe and forecasts of a slower…
Oil holds gains after Trump’s return to White House
By Sonali PaulMELBOURNE (Reuters) - Oil prices edged higher in early trade on Tuesday after U.S. President Donald Trump returned to the…
Oil drops more than $1 after Saudi price cuts, demand optimism fades
By Florence TanSINGAPORE (Reuters) - Oil prices dropped more than $1 a barrel on Monday, hitting their lowest since July, after Saudi…
Australia appeals China’s barley import tariff as trade tensions worsen
By Colin Packham and Jonathan BarrettSYDNEY (Reuters) - Australia has appealed China's prohibitive tariff on barley shipments from the…