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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Oil climbs on concerns Russia political issues may impact supply
By Florence Tan SINGAPORE (Reuters) - Oil prices rose in early Asian trade on Monday after a failed mutiny by…
Renewables growth did not dent fossil fuel dominance in 2022, report says
LONDON (Reuters) - Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance…
China refiners stoke petchem glut in market share war as demand flags
By Mohi Narayan and Andrew Hayley (Reuters) - China is relentlessly adding new petrochemical capacity despite a global glut as…
For EV batteries, lithium iron phosphate narrows the gap with nickel, cobalt
(This June 22 story has been corrected to say makers pledged more than $11 billion, not $14 billion, in paragraph…
Panama Canal postpones depth restrictions after much-needed rain
By Elida Moreno PANAMA CITY (Reuters) - The Panama Canal will postpone depth restrictions that were set to affect the…
Factbox-Russia’s Rostov, seized by rebels, is important commodity hub
By Polina Devitt and Dmitry Zhdannikov LONDON (Reuters) - Following are facts about oil, gas and grains flows in Russia's…
Aramco, TotalEnergies sign $11 billion contract to build petrochemicals complex in Saudi Arabia
(Reuters) - Saudi Arabian Oil Company (Aramco (TADAWUL:)) and TotalEnergies have signed an $11 billion contract to start building a…
As Canada’s wildfires intensify, recruiting firefighters is tougher
By Nia Williams BRITISH COLUMBIA (Reuters) - Canada is wrestling with its worst-ever start to wildfire season, but recruiting firefighters…
US drillers cut oil and gas rigs for eighth week in a row – Baker Hughes
(Reuters) - U.S. energy firms this week cut the number of oil and rigs operating for an eighth week in…
Gold sees worst week since January as rate hikes stun
Investing.com -- The gold bull is still trying to hang in there despite the less-than-perfect macro picture. The front-month on…
Natural gas jumps again as demand bets offset storage builds
Investing.com -- The bulls in natural gas are making a serious push above mid-$2 pricing for the fuel, amid prospects…
Oil down 4% on week as recession fears suppress summer demand
Investing.com -- At the risk of reiterating, the message to the Saudis and the rest of OPEC+ is the same:…
US lawmaker to re-introduce bipartisan bill to get EV industry into biofuel program
By Stephanie Kelly NEW YORK (Reuters) - A U.S. Democratic lawmaker plans to reintroduce a bipartisan bill next month that…
Palladium in retreat on EV prospects, growth risks
By Ashitha Shivaprasad (Reuters) - Palladium could extend this year's near 30% price decline as the rapid rise of electric…
US farm agency to spend $2.3 billion on food programs as pandemic aid ends
By Leah Douglas WASHINGTON (Reuters) - The Biden administration will spend $2.3 billion on food purchases for schools and food…
Crude oil lower; hefty weekly losses likely
Investing.com -- Oil prices retreated Friday, heading for hefty weekly losses, after a series of rate hikes, and the indication…
Exclusive – India’s BPCL in talks with Rosneft to buy oil priced on Dubai benchmark – sources
By Nidhi Verma NEW DELHI (Reuters) - Indian state-run refiner BPCL (NS:) is in talks with Rosneft (MCX:) to buy…
Mexican president pushes new Labor Minister to resolve Grupo Mexico conflict
By Daina Beth Solomon MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador on Thursday said he will ask…