Commodities

Commodities News

Crude oil rises after US leaders strike provisional debt deal

Brent crude futures climbed 66 cents, or 0.9%, to $77.61 a barrel by 0247 GMT, while U.S. West Texas Intermediate crude was at $73.42 a barrel, up 75 cents, or.

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Commodities News

Exclusive-Trinidad and Tobago nears awards for onshore oil and gas exploration

By Curtis Williams (Reuters) – The Trinidad and Tobago government accepted bid recommendations for six of eight onshore oil and gas exploration blocks, people close to the matter said on.

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Commodities News

Oil prices edge lower as debt limit deal optimism tempered by Fed rate concerns

Investing.com — Oil prices dropped on Monday, paring back earlier gains, as optimism over the debt ceiling agreement was tempered by renewed expectations that the Federal Reserve will carry on with its long-running.

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Commodities News

Government rules out increase in edible oil import duty

A food ministry official told FE that any hike in imports duties of edible oil, especially palm, soybean and sunflower, may impact the domestic refineries, as the country imports about.

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Commodities News

Crude oil prices rise on concerns over tightening supply

Brent crude futures rose 86 cents, or 1.1%, to $77.70 a barrel by 0007 GMT, while the U.S. West Texas Intermediate crude (WTI) gained 88 cents, or 1.2%, to $73.79.

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Commodities News

Crude oil prices fall on US debt uncertainty

Brent crude futures slipped 5 cents, or 0.1%, to $78.31 a barrel by 0042 GMT. U.S. West Texas Intermediate crude (WTI) fell 16 cents, or 0.2%, to $74.18. Oil prices fell.

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Commodities News

Milk prices unlikely to witness further spike: NDDB chief

Retail inflation in milk was reported at 8.78% in April 2023. The milk inflation has remained elevated at over 6% since August 2022. Milk prices are unlikely to witness spikes.

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Commodities News

Crude oil prices rise on outlook for higher gasoline demand, tighter supply

Brent crude futures rose 20 cents, or 0.3%, to $76.19 a barrel by 0052 GMT while U.S. West Texas Intermediate (WTI) crude was at $72.26 a barrel, up 21 cents,.

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Commodities News

Euro 7 emissions standard to cost many times EC forecasts -industry group

By Nick Carey LONDON (Reuters) – Proposed Euro 7 emissions regulations will lead to direct costs for auto manufacturers that are up to 10 times higher than the European Commission’s.

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Commodities News

Commodities market mixed as gold, natural gas fall, crude gains; US debt ceiling crisis supporting gold prices

The price of gold will continue to take cues from the US debt ceiling crisis, and money managers decreased their bullish gold bets. By Saumil Gandhi Mixed trade seen in.

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