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329 posts

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Commodities

Commodities

OPEC plans no immediate action after Iran urges Israel oil embargo, sources say

By Press Room
October 20, 2023
2 Mins read
Commodities

US crude oil stocks down 4.5M barrels last week as exports rose, imports fell -EIA

By Press Room
October 20, 2023
1 Mins read
Investing.com – Crude stockpiles fell by 4.5 million barrels in the United States last week as exports accelerated from inroads made by…
Commodities

Malteurop sees demand rebound for beer ingredient despite inflation

By Press Room
October 20, 2023
1 Mins read
(Reuters) – Inflation is curbing short-term demand for malt, but demand looks to rebound soon for the beer ingredient made from barley…
Commodities

Oil up 2% on US crude draw, Middle East risk after Gaza hospital blast

By Press Room
October 20, 2023
3 Mins read
Investing.com – After another uncertain start to a week, oil bulls got a reversal of fortunes again as crude prices jumped 2%…
Commodities

US invests $3.5 billion to bolster power grid, deploy clean energy

By Press Room
October 20, 2023
1 Mins read
By Timothy Gardner WASHINGTON (Reuters) -President Joe Biden’s administration on Wednesday announced $3.5 billion in grants for projects to protect the aging…
Commodities

Oil up about 2% on big US crude storage draw, Middle East tension

By Press Room
October 20, 2023
2 Mins read
By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 2% to a two-week high on Wednesday on a bigger-than-expected U.S. storage…
Commodities

Gold prices rally to near 1-mth high as Middle East tensions worsen

By Press Room
October 20, 2023
2 Mins read
Investing.com– Gold prices rose sharply on Wednesday, nearing a one-month high as a potential escalation in the Israel-Hamas war drove up safe…
Commodities

US hydrogen tax credits touch off sparring letters from Senate Democrats

By Press Room
October 20, 2023
2 Mins read
By Valerie Volcovici WASHINGTON (Reuters) – Ten Senate Democrats will ask President Joe Biden’s administration not to include strict rules guiding use…
Commodities

Oil up as Powell plays down US rate hike odds, reversing early loss on Venezuela 

By Press Room
October 19, 2023
3 Mins read
Investing.com – Oil prices rose for a third day in a row as Federal Reserve Chair Jerome Powell’s disinclination to suggest another…
Commodities

Alaska sues Biden administration over canceled Arctic oil and gas leases

By Press Room
October 19, 2023
2 Mins read
By Clark Mindock (Reuters) -An Alaska state agency on Wednesday sued the Biden administration over its decision to cancel oil and gas…
Commodities

Venezuela's oil sanctions relief may lift profits, no fast output rebound

By Press Room
October 19, 2023
3 Mins read
By Marianna Parraga HOUSTON (Reuters) – A broad easing of U.S. oil sanctions on Venezuela will not quickly expand its output but…
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