Commodities
Canada concerned about critical metals market manipulation, minister says By Reuters
By Divya Rajagopal TORONTO (Reuters) -Canada is concerned about market manipulation and dumping in key metals used in electric vehicle batteries, a federal Canadian minister…
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Lithium mine auctions in China’s Sichuan draw thousands of high bids
BEIJING (Reuters) - Two lithium mine auctions in China's southwestern Sichuan province that began this week have received nearly 7,000…
Exclusive-China’s Nanfang to open major copper smelter ahead of expectations
By Julian Luk LONDON (Reuters) - China's largest private producer Nanfang Nonferrous is due to bring a major new smelter…
Palm oil demand boosted as rival oil prices jump on supply woes
By Rajendra Jadhav MUMBAI (Reuters) -Demand for palm oil has been increasing as its discount to soyoil and sunoil has…
Marketmind: A sticky inflation situation
A look at the day ahead in U.S. and global markets by Amanda Cooper Everyone is laser-focused on U.S. inflation…
Bone dry on the range: Texas cattle ranchers battle drought, extreme heat
By Evan Garcia TENNESSEE COLONY, Texas (Reuters) - The brown and black cattle of Texas, beloved symbols of the Lone…
Refiners make hay as global profit margins rebound
By Mohi Narayan, Laura Sanicola and Ahmad Ghaddar NEW DELHI/WASHINGTON/LONDON (Reuters) - Global refiners are raking in hefty gains, fuelled…
Oil prices fall as China woes offset boost from high US fuel demand
By Laura Sanicola (Reuters) - Oil prices fell in early Asian trade on Thursday after reaching fresh highs in the…
Gold at 1-mth low, copper steadies ahead of U.S. CPI
Investing.com-- Gold prices hovered at one-month lows on Thursday, while copper prices steadied after steep losses as markets hunkered down…
Oil prices edge lower from 2023 highs, U.S. inflation awaited
Investing.com-- Oil prices fell slightly on Thursday, retreating from multi-month highs as traders turned cautious ahead of key U.S. inflation…
Texas power use hits record again amid heat wave
(Reuters) - Demand for power in Texas hit a record high on Wednesday for the second time this week and…
Oil prices at 2023 high, confounding 3-year peak in U.S. output
Investing.com - Against the bullish mantra of Saudi production cuts, the keeper of U.S. energy data has delivered a volley…
U.S. crude stocks up 5.85M bbls last week, output surges to 12.6M daily
Investing.com - stockpiles rose by nearly six million barrels last week — about a third of what they lost the…
Natural gas hits key bullish $3 mark first time since Jan
Investing.com - hit seven-month highs of above $3 per mmBtu, or million metric British thermal units, on Wednesday as speculators…
Oil output inches up at top US shale firms, with faster growth elusive
By Arathy Somasekhar HOUSTON (Reuters) - Top U.S. shale oil producers are raising output by pulling more from each well…
Oil prices slip as bearish China data fuels demand concerns
By Yuka Obayashi and Andrew Hayley BEIJING (Reuters) -Oil prices eased in Asian morning trade on Wednesday as concerns over…
Oil prices dip on surprise U.S. inventory build, weak China inflation
Investing.com-- Oil prices fell slightly in Asian trade on Wednesday as data pointed to a large weekly build in U.S.…
Gold prices hit 1-mth low, copper sinks as risk-off favors dollar
Investing.com-- Gold prices steadied near one-month lows on Wednesday as worsening market sentiment and the prospect of more Federal Reserve…
U.S. crude stocks likely rose by over 4M barrels last week – API
Investing.com -- oil stocks likely rose by over 4 million barrels last week despite intensive production cuts by Saudi Arabia,…