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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Chesapeake Energy sees 5% to 7% drop in oilfield service costs in 2024
By Arathy Somasekhar HOUSTON (Reuters) - U.S. oil and gas company Chesapeake Energy (NYSE:) on Wednesday said it expects deflation…
U.S. crude stocks down 17M bbls last week, EIA says, ending paltry draw reports
Investing.com - inventories plunged 17 million barrels last week, smashing trade forecasts, amid intensive production cuts by Saudi Arabia, the…
Factbox-The complexity of transforming rare earths from mine to magnet
(Reuters) - MP Materials and other Western companies are seeking to develop supplies of processed rare earths needed for the…
World battles to loosen China’s grip on vital rare earths for clean energy transition
By Ernest Scheyder and Eric Onstad (Reuters) - Refining rare earths for the green energy transition is hard. Just ask…
Biden administration split over ethanol’s role in aviation fuel subsidy program
By Jarrett Renshaw, Stephanie Kelly and Leah Douglas (Reuters) - The Biden administration is divided over whether to grant a…
Russia strikes Ukraine’s Danube port, sending global grain prices higher
By Pavel Polityuk KYIV (Reuters) - Russia attacked Ukraine's grain ports in the early hours of Wednesday, including an inland…
Oil prices jump over 1% on massive U.S. inventory drawdown
Investing.com-- Oil prices rose in Asian trade on Wednesday, sticking to over three-month highs as industry data pointed to a…
Oil prices rise more than 1% after sharp drop in US crude stocks
By Arathy Somasekhar (Reuters) - Oil prices rose more than 1% on Wednesday, trading near their highest since April, after…
Gold futures slide below $2,000, copper sinks as dollar gains
Investing.com-- Gold prices moved little on Wednesday after losses in the prior session saw futures lose a key bullish level,…
Texas power use hits record for second straight day as heat wave lingers
(Reuters) - Demand for power in Texas hit a record high on Tuesday for the second day in a row…
U.S. crude stocks likely plunged by over 15M barrels last week – API
Investing.com -- oil stocks likely plunged by more than 15 million barrels last week, with deficits in inventories of gasoline…
Oil drifts ahead of U.S. inventory data, strong dollar
Investing.com -- Crude prices drifted on Tuesday on the back of a strengthening dollar and ahead of the release of…
Exclusive-Thai, Vietnamese exporters renegotiate 500,000 T of rice deals
By Naveen Thukral SINGAPORE (Reuters) - Rice exporters in Thailand and Vietnam are re-negotiating prices on sales contracts for around…
Uranium price ticks up after Niger coup, more gains expected
By Eric Onstad LONDON (Reuters) - The price of uranium has risen only slightly since a military coup in Niger…
As China’s controls take effect, wait for gallium, germanium export permits begins
BEIJING (Reuters) - China's export controls on some gallium and germanium products take effect on Tuesday with traders braced for…
Pakistan hikes fuel prices to meet IMF terms and as oil rises
By Asif Shahzad ISLAMABAD (Reuters) -Pakistan announced an increase in petrol and diesel prices on Tuesday to better reflect rising…
Gold prices dip, copper hits 3-mth high on China stimulus bets
Investing.com -- Gold prices edged lower on Tuesday, although futures remained largely ahead of spot rates, while copper prices were…
Oil holds near three-month high on signs of tightening supply
By Emily Chow SINGAPORE (Reuters) -Oil prices were little changed on Tuesday, trading near a three-month high reached on Monday,…