Commodities & Futures News

By Hadeel Al Sayegh and Federico Maccioni DUBAI (Reuters) -Saudi Arabia is planning a multi-billion-dollar share sale in energy giant Aramco (TADAWUL:2222) as soon as June in what...

By Mohammed Ghobari SANAA (Reuters) - Yemen's Houthi group freed more than 100 detainees in Sanaa on Sunday, calling the move a "unilateral humanitarian initiative" to pardon...

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose about 1% on Friday, but fell for the week on worries that strong U.S. economic data would keep interest rates elevated for...

Investing.com-- Oil prices settled higher Friday, but that did little to prevent heavy weekly losses Friday as concerns over sticky inflation and high interest rates spurred doubts...

By Tom Polansek and Manas Mishra (Reuters) -Bird flu virus particles were found in tissue samples taken from one dairy cow sent to slaughter at a U.S. meat processing plant, but...

(Reuters) - Feeding raw milk contaminated with bird flu to mice infected them with the virus, adding to evidence that consumption of unpasteurized milk is not safe for humans,...

DUBAI (Reuters) - The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia are known collectively as OPEC+ and will meet on June 2 to discuss their...

By Leah Douglas (Reuters) - The Republican-led U.S. House of Representatives Agriculture Committee passed its version of a $1.5 trillion farm spending bill late Thursday night...

By Alex Lawler and Yousef Saba LONDON (Reuters) - OPEC+ oil producers are scheduled to meet on June 2 to decide their next output policy steps, including whether to extend...

UBS has raised its forecast for gold prices, projecting the precious metal to reach $2,600 per ounce by the end of 2024, up from the previous target of $2,500 per ounce.  The new...

UBS noted a significant upswing in silver prices, attributing the surge to a growing investor conviction in bullish gold trends. The gold-to-silver ratio has dropped sharply,...

By Erwin Seba HOUSTON (Reuters) -U.S. government forecasters said on Thursday up to seven major hurricanes may form in an "extraordinary" 2024 Atlantic hurricane season beginning...

Investing.com-- Gold prices steadied in Asian trade on Friday, but were nursing steep declines through the week as concerns over high for longer U.S. interest rates dragged the...

LONDON (Reuters) - Russian metals giant Nornickel plans a joint project for construction of a platinum group metals (PGMs) refinery in Bahrain, a source familiar with the matter...

By Scott DiSavino (Reuters) -Power use in Texas was on track to break the record for the month of May on Friday for a second time this week and could top that again over the...

By Shariq Khan NEW YORK (Reuters) -Oil prices fell for a fourth consecutive session on Thursday and settled at multi-month lows as the prospect of higher-for-longer U.S. interest...

Investing.com-- Oil prices settled lower for the fourth-straight day Thursday, pressured by a rising dollar amid concerns over high for longer U.S. interest rates as well as crude...

Investing.com - Crude prices have risen Thursday, bouncing after three days of selling, but overall sentiment remains weak, and this increases the chance of OPEC+ rolling over its...

Following the recent rally, the spotlight is on copper, and analysts have been busy assessing their forecasts for copper prices, reflecting a complex set of factors from supply...

European natural gas prices reached their highest point since January, with TTF prices closing 4.2% higher at nearly €34.39 per megawatt-hour. This increase follows an...

By Tom Polansek, Julie Steenhuysen and Leah Douglas CHICAGO/WASHINGTON (Reuters) -A second human case of bird flu has been confirmed in the United States since the virus was first...

UBS provided insights into the recent trends affecting US natural gas prices. According to the firm, two main factors have contributed to supporting prices this month. The first...

Investing.com-- Gold prices saw extended losses in Asian trade on Thursday, pulling back further from record highs as renewed concerns over high interest rates and waning safe...

Investing.com-- Oil prices settled lower Wednesday for the third-straight day as an unexpected build in U.S. inventories cast doubt over demand in the world's largest crude...

By Nicole Jao NEW YORK (Reuters) -Oil prices fell more than 1% on Wednesday, retreating for a third straight day, as Fed officials rekindled worries about oil demand when they...

By Gus Trompiz PARIS (Reuters) - A wave of civil unrest in New Caledonia, a French overseas territory in the southern Pacific that is a leading nickel producer, has halted mining...

Investing.com-- Gold prices fell in Asian trade on Wednesday, pulling back further from record highs as anxiety over high U.S. interest rates grew ahead of more cues from the...

By Clark Mindock (Reuters) - Republican attorneys general from 20 U.S. states sued the Biden administration on Tuesday, seeking to block new reforms to the U.S. environmental...

By Georgina McCartney HOUSTON (Reuters) -Oil prices settled 1% lower on Tuesday as lingering U.S. inflation looked likely to keep interest rates higher for longer, weighing on...

By Timothy Gardner WASHINGTON (Reuters) -President Joe Biden's administration will sell nearly 1 million barrels of gasoline in the U.S.-managed stockpile in northeastern states...

Investing.com -- U.S. crude stockpiles unexpectedly increased last week, the API reported Tuesday, denting hopes of increased demand as the summer driving season looms.  Crude Oil...

(Reuters) - The U.S. Centers for Disease Control on Tuesday advised states to aid in H5N1 bird flu surveillance by increasing testing of influenza A virus samples during the...

Investing.com-- Oil prices settled lower Tuesday as investors awaited fresh updates on weekly crude inventories amid ongoing worries about the impact of higher for longer U.S....

Investing.com -- The Biden administration is set to sell 1 million barrels of gasoline from strategic reserves held in the Northeast to lower gas prices ahead of the summer driving...

Bank of America (BofA) released a report analyzing the impact of geopolitics on global metals supply chains, highlighting China's significant role in green technology industries....