Commodities & Futures News

By Deep Kaushik Vakil and Robert Harvey LONDON (Reuters) -Oil prices were stable on Thursday, as support from growing expectations of an interest rate cut from the U.S. Federal...

By Nichola Groom (Reuters) - A two-year U.S. tariff holiday on solar panels from Southeast Asia expires on Thursday, starting the clock ticking for American project developers to...

By David French and Arathy Somasekhar (Reuters) - U.S. oil and gas producer Devon Energy (NYSE:DVN) has lost bids to acquire at least three of its peers in the last 12 months...

Investing.com-- Gold prices rose in Asian trade on Thursday, extending gains this week as weak economic data fueled expectations of interest rate cuts by the Federal Reserve,...

By Laila Kearney NEW YORK (Reuters) - Solar accounted for 75% of electricity generation capacity added to the U.S. power grid early this year as installations of panels rose to a...

By Robert Harvey LONDON (Reuters) - Saudi Arabia set its flagship Arab Light crude oil official selling price (OSP) to Asia at plus $2.40 versus Oman/Dubai average for July, a...

Investing.com-- Oil prices rose in Asian trade on Thursday, extending a rebound from four-month lows as optimism over lower interest rates in the coming months offset negative...

(Reuters) - Central U.S. power grid operator Southwest Power Pool (NASDAQ:POOL) (SPP) said on Wednesday that it had filed for approval to add western entities under its tariff to...

Investing.com -- The recent OPEC+ announcement to begin easing production curbs later this year has been blamed for the recent turmoil seen in oil prices, but one analyst believes...

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices climbed 1% on Wednesday, rebounding from four-month lows, as hopes of an interest rate cut by the U.S. Federal Reserve in...

Investing.com -- Oil prices settled higher Wednesday, rebounding from four-month lows as optimism of sooner Federal Reserve rate cuts helped offset worries about demand following...

By Timothy Gardner WASHINGTON (Reuters) - The United States could revive some of its recently retired nuclear power plants to help meet rising demand for zero-emissions...

By Timothy Gardner, Valerie Volcovici and Leah Douglas WASHINGTON (Reuters) -President Joe Biden's administration is asking big technology companies to invest in new...

Investing.com - While total gold purchases by central banks were similar to those seen in March, sales halted in April, leading to significant net increases in bank reserves,...

UBS strategists have lifted their silver price forecasts, expecting that the white metal will outperform gold in the near term. Now, the Swiss investment bank projects a 2024...

yolowire.com - Prices for Diamonds continue to plummet as lab-grown gemstones flood the international market. Diamond prices have fallen 5.7% so far this year and are down more...

UBS has raised its gold price forecasts, citing strong structural support and resilient demand for the yellow metal. The investment bank now expects gold prices to average $2,365...

By Steve Gorman and Brendan O'Brien LOS ANGELES (Reuters) -Millions of Americans from the Gulf Coast of Texas to California's San Francisco Bay area were warned on Tuesday to curb...

Investing.com-- Gold prices rose in Asian trade on Wednesday, but stuck to a range seen for nearly two weeks amid continued speculation over when the Federal Reserve will begin...

By Andrea Shalal and David Lawder WASHINGTON (Reuters) -U.S. Senator Joe Manchin said on Tuesday he was urging U.S. companies to sue the Treasury Department over the local content...

Investing.com -- U.S. crude oil futures fell in post-settlement trading Tuesday after the American Petroleum Institute reported domestic crude stocks unexpectedly jumped last week,...

By Erwin Seba HOUSTON (Reuters) -Oil prices fell more than $1 a barrel on Tuesday on scepticism about an OPEC+ decision to boost supply later this year into a global market where...

Investing.com -- Oil prices have been reeling from fears of oversupply after OPEC+ decided to extend output cuts, but gradually increase supply, but UBS is pushing back against...

Investing.com-- Oil prices fell to four-month lows Tuesday, as OPEC+ signaled it will begin tapering off its production cuts this year just as demand worries intensified following...

By Cassandra Garrison MEXICO CITY (Reuters) - Mexico's President-elect Claudia Sheinbaum, an accomplished climate scientist, could struggle to fulfill her environmental pledges...

By Karl Plume CHICAGO (Reuters) - Mark Tuttle planted more soy and less corn on his northern Illinois farm this spring as prices for both crops hover near three-year lows and...

Investing.com-- The Organization of Petroleum Exporting Countries and allies (OPEC+) said at its recent meeting that it planned to begin scaling back some of its production cuts...

Investing.com-- Gold prices fell slightly in Asian trade on Tuesday, but were sitting on some gains from the prior session as signs of a cooling U.S. economy ramped up expectations...

Investing.com -- Oil prices settled sharply lower Monday, as OPEC and its allies' decision to extend output cuts into 2025, but also phase out the cuts later beginning later this...

By Shariq Khan NEW YORK (Reuters) -Oil prices tumbled by $3 a barrel on Monday to their lowest in nearly four months, as investors worried that a complicated OPEC+ output decision...

Investing.com – After this weekend's meeting of the Organization of the Petroleum Exporting Countries (OPEC) to discuss commodity markets and maintain supply restrictions,...

NEW YORK (Reuters) - U.S. home energy bills are expected to rise by 7.9% this summer as extreme heat increases cooling costs, according to a study released on Monday by the...

Goldman Sachs analysts have deemed the recent OPEC+ meeting as bearish, citing plans to phase out extra voluntary production cuts as a key factor. Despite extending multiple layers...

DUBAI (Reuters) - The head of the global airline body IATA said there was no need to reduce growth in global aviation in order to meet an industry target to meet net zero carbon...

Investing.com-- Gold prices fell in Asian trade on Monday, as a rush into risk-driven assets, on the back of increased rate cut expectations, largely left out the yellow metal,...