By Valerie Volcovici In a significant shift, the United States, a major player in the plastic industry, will now back a global treaty aimed at reducing the production of new
Latest Commodities News: Market Insights & Analysis.
Metals (gold, silver, platinum, copper, etc.), Energy commodities (crude oil, natural gas, gasoline, etc.), and Soft commodities like Agricultural products (wheat, corn, soybeans, rice, coffee, sugar, cotton, etc.), Livestock (cattle, hogs, etc.).
Title: Oil Market Update: Bullish Data from American Petroleum Institute (API) Signals Tightness and Demand The recent market activity has reduced some of the risk premium associated with fears of
Base metal prices have experienced a decline following a strong rally in the second quarter of 2024. Copper and aluminum have particularly retraced most of their year-to-date gains due to
Jet Fuel Demand Softens as Global Economic Slowdown Impacts Travel Budgets Global jet fuel demand is expected to soften as consumer spending slows down, affecting travel budgets and potentially weighing
By Gary McWilliams HOUSTON (Reuters) - A groundbreaking achievement in oil production has just been unveiled by Chevron, promising to tap into ultra-high pressure fields and unlock up to 5
The Shocking Truth About Abandoned Oil Wells: How Poor Plugging Jobs Are Causing Environmental Disasters in Texas On a sprawling ranch in Pecos County in late July, oil well control
Investors Optimistic as Soft Inflation Data Fuels Rate Cut Speculations The latest soft inflation data has fueled hopes among traders for a 50 basis points interest rate cut by the
Oil traders are increasingly bearish, selling futures despite supply concerns and potential disruptions in the Middle East. Economic data from the US and China, along with demand worries, are driving
Discover the Secret Weapon of the Global Economy: The Strait of Hormuz The world's most crucial energy corridor, the Strait of Hormuz, is a narrow passage connecting the Persian Gulf
Gold remains stuck in a 4-month sideways channel, but with the release of inflation numbers, a breakout could be imminent. Currently holding the 1-month upper trend line at 2473/75, a