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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As Russian oil crosses G7’s price cap, US eyes soft enforcement
By Timothy Gardner and Laura Sanicola WASHINGTON (Reuters) - The Biden administration is poised to increase outreach to western trading…
US grid operator PJM declares level one emergency amid scorching heat
(Reuters) - PJM Interconnection, the biggest U.S. electric grid operator, issued a level one emergency alert for Thursday as people…
Gold prices rise as dollar dips after Fed hikes rates
Investing.com-- Gold prices rose slightly on Thursday after reacting positively to the Federal Reserve’s rate hike in the prior session,…
Oil up as supply tightness view offsets concerns from rate hikes
By Katya Golubkova TOKYO (Reuters) - Oil prices rose on Thursday as investors focused on expectations of tighter supplies from…
Oil prices rebound tracking weak dollar, tighter supply outlook
Investing.com-- Oil prices rose in Asian trade on Thursday, recovering a bulk of losses from the prior session amid weakness…
UK car production could take five years to return to 1 million units, says industry
By Sachin Ravikumar LONDON (Reuters) - It could take five more years for Britain to return to producing 1 million…
Oil down first time in a week as U.S. draws disappoint, Fed hawkish
Investing.com -- The oil market has thrown its own wrench into the crude rally after disappointing U.S. inventory draws last…
U.S. crude stocks drop little vs. forecast, raising demand questions
Investing.com - U.S. crude inventories fell by just a quarter of expected levels last week, government data showed on Wednesday,…
In Mexico, private cash races to plug nearshoring energy crunch
By Isabel Woodford MEXICO CITY (Reuters) - For Mexican industrial park owners like Sergio Bermudez, business is booming amid a…
White House launches methane emission task force to boost leak detection
By Valerie Volcovici WASHINGTON (Reuters) - The Biden administration on Wednesday launched a Cabinet-level task force that will corral federal…
Drought-hit Panama Canal restricts daily crossings in water-saving move
By Elida Moreno PANAMA CITY (Reuters) - The Panama Canal will extend restrictions on ships' maximum depth, it said on…
Oil creeps lower with Fed hike, U.S. inventories in focus
Investing.com-- Oil prices fell slightly on Wednesday as investors hunkered down before a widely-expected rate hike by the Federal Reserve,…
Gold steadies ahead of Fed decision, copper cools from China boost
Investing.com-- Gold prices kept to a tight range on Wednesday before the conclusion of a Federal Reserve meeting later in…
Oil prices ease after build in U.S. crude stockpiles
By Yuka Obayashi TOKYO (Reuters) - Oil prices eased on Wednesday, sliding from three-month highs hit the previous day after…
U.S. crude stocks likely up 1.3M barrels last week – API
Investing.com -- oil stocks likely rose last week, with gains in inventories of distillates too and a decline in gasoline…
US plans water heater standards, says they will save consumers $11 billion
(In July 21 story, corrects Rinnai's comment to reflect that the proposed standards are not technologically feasible for a certain…
U.S. oil races toward $80 target of bulls on bets market will tighten
Investing.com -- The stars seem aligned for oil bulls’ wish to have a barrel priced at no less than $80.…
Some Chinese steel mills ordered to cap output this year – sources
BEIJING (Reuters) - Several Chinese steel mills have received instructions to cap this year's output at the same level as…