Commodities & Futures News

Oil inventories fall by more than expected 2.5M barrels last week: API

Oil inventories fall by more than expected 2.5M barrels last week: API

  Investing.com — U.S. crude stockpiles fell much more than expected last week, the API reported Tuesday, just as markets…
Brazil intercepts illegal flight over Indigenous land invaded by gold miners

Brazil intercepts illegal flight over Indigenous land invaded by gold miners

2/2 FILE PHOTO: Illegal miners are caught using jets of water to dig for gold, damaging the soil by the…
Oil prices settle higher as healthier global growth outlook eases demand concerns

Oil prices settle higher as healthier global growth outlook eases demand concerns

  Investing.com — Oil prices cut losses to settle higher Tuesday as simmering geopolitical tensions kept supply risks elevated at…
Factbox-Biden administration slowly replenishes emergency oil stash

Factbox-Biden administration slowly replenishes emergency oil stash

2/2 FILE PHOTO: An oil storage tank and crude oil pipeline equipment is seen during a tour by the Department…
Chevron reroutes Kazakh oil to Asia around Africa — sources, LSEG data

Chevron reroutes Kazakh oil to Asia around Africa — sources, LSEG data

An entrance sign at the Chevron refinery, located near the Houston Ship Channel, is seen in Pasadena, Texas, U.S., May…
Global wind power outlook takes hit from US weakness, China slowdown -WoodMac

Global wind power outlook takes hit from US weakness, China slowdown -WoodMac

FILE PHOTO: Acciona Windpower 1.5 MW wind turbine generators are seen on Tatanka Wind Farm as the coronavirus disease (COVID-19)…
Gold prices pull back further from record highs; Fed cuts in focus

Gold prices pull back further from record highs; Fed cuts in focus

  Investing.com— Gold prices moved little in Asian trade on Wednesday after falling sharply from record highs this week, with…
US Coast Guard responds to oil spill in Gulf of Mexico

US Coast Guard responds to oil spill in Gulf of Mexico

(Reuters) — The U.S. Coast Guard said on Wednesday it was responding to an oil discharge near the Main Pass…
Oil falls to near 5-month low on OPEC+ cut doubts, demand concerns

Oil falls to near 5-month low on OPEC+ cut doubts, demand concerns

FILE PHOTO: An aerial view shows tugboats helping a crude oil tanker to berth at an oil terminal, off Waidiao…
Oil Inventories unexpectedly jumped by 594,000 Barrels Last Week: API

Oil Inventories unexpectedly jumped by 594,000 Barrels Last Week: API

  Investing.com — U.S. crude inventory unexpectedly increased last week, the API reported Tuesday, adding to concerns about a potential…
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