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Category: Commodities

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Latest News (4313 articles)

Commodities OilPrice.com
76d ago
Oil Traders Bet on Risk as Diplomacy Yields Little

In this week’s newsletter, we will take a quick look at some of the critical figures and data in the …

Oil traders are betting on a riskier market as diplomacy yields little, with Brent oil … High (90%)
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Commodities OilPrice.com
76d ago
Oil Tanker Rates Surge to Six-Year High

Supertanker rates to ship crude on the key Middle East-to-China route have surged to a six-year high as Persian Gulf …

Oil tanker rates have surged to a six-year high due to increased demand from the … High (90%)
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Commodities OilPrice.com
76d ago
Oil Pipeline Rift Derails EU Push for Fresh Russia Sanctions

The European Union has failed to agree on more sanctions on Russia, which were planned to be in place by …

The European Union failed to agree on new sanctions against Russia due to opposition from … High (85%)
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Commodities OilPrice.com
76d ago
Russia's Dark Oil Web Exposed in Major UK Sanctions Escalation

The UK on Tuesday slapped sanctions on Russia’s oil pipeline giant Transneft and targeted Russia’s dark web of illicit oil …

The UK has imposed sanctions on Russia's oil pipeline giant Transneft and targeted illicit oil … High (90%)
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Commodities CNBC
76d ago
Fed's Goolsbee calls for a hold on cuts as current rate of inflation is 'not good enough'

The Chicago Fed president said Tuesday that cuts aren't appropriate until there's more evidence that inflation is on its way …

The Chicago Fed president, Goolsbee, suggests holding off on interest rate cuts due to insufficient … High (90%)
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Commodities OilPrice.com
76d ago
Oil Prices Hit 7-Month High on U.S.-Iran Standoff

Oil prices were close to a seven-month high early on Tuesday amid speculation about potential U.S. strikes on Iran as …

Oil prices have reached a 7-month high due to speculation of potential US strikes on … High (90%)
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Commodities OilPrice.com
76d ago
Eni Set to Approve Two Gas Projects Offshore Indonesia

Italy’s Eni is poised to reach next month a final investment decision to develop two offshore gas fields in Indonesia, …

Eni is set to approve two offshore gas projects in Indonesia, marking a significant investment … High (85%)
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Commodities OilPrice.com
77d ago
Woodside Warns LNG Glut Fears May Be Overstated

Woodside Energy, Australia’s biggest LNG producer, on Tuesday warned that expectations of a major disruptive glut should not be taken …

Woodside Energy, Australia's largest LNG producer, cautions against overestimating the impact of a potential LNG … High (80%)
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Commodities OilPrice.com
77d ago
India’s Oil Import Dependence Climbs to Nearly 89% as Domestic Output Lags

India is growing more dependent on imports of crude oil, with the total share of imports in its oil consumption …

India's oil import dependence has increased to 88.6% due to low domestic oil production, despite … High (85%)
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Commodities OilPrice.com ⭐ FEATURED
77d ago
Russian Oil Shipments Climb 6% Above Pre-2022 Invasion Levels

Russia is exporting crude oil at rates higher than before its 2022 invasion of Ukraine and the barrage of Western …

Russia's oil exports have increased by 6% compared to pre-2022 invasion levels, defying expectations of … High (80%)
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Commodities OilPrice.com
77d ago
Diamondback Says Oil Glut Fears Are Fading as Demand Holds Strong

The risk of global oil oversupply is diminishing thanks to demand resilience, Diamondback Energy said in a letter to shareholders …

Diamondback Energy's CEO believes that fears of an oil glut are fading due to strong … High (80%)
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Commodities CNBC
77d ago
Jamie Dimon says 'watch out’ as high asset prices add to economic risks: ‘My anxiety is high’

JPMorgan Chase CEO Jamie Dimon is anxious as high asset levels collide with increased competition among lenders and jitters over …

JPMorgan Chase CEO Jamie Dimon expressed concern over high asset prices and their potential impact … High (90%)
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