Gold steadies ahead of Fed cues, copper hit by China woes
Gold prices moved little on Wednesday, hovering near three-month lows as anticipation of an address by Federal Reserve Chair Jerome…
OPEC+ oil quota reform increases Gulf’s dominance
(Reuters) – Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman earlier this month outlined one of the biggest reforms at…
Oil rises on supply worries, U.S. summer demand hopes
(Reuters) – Oil prices edged higher on Tuesday, spurred by worries about political instability in Russia and possible supply disruptions,…
Oil rises on supply concerns fuelled by Russian political turmoil
(Reuters) – Oil prices rose on Monday after a revolt by Russian mercenaries over the weekend raised concerns about political…
Renewables growth did not dent fossil fuel dominance in 2022, report says
(Reuters) – Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance of…
Oil climbs, rouble falls as markets take mutiny in stride
(Reuters) – Oil was slightly higher on Monday and the rouble lower as an abortive weekend mutiny by Russian mercenaries…
Oil resumes slide on demand worries after latest rate hikes
(Reuters) – Oil dropped for a second day on Friday and was heading for a weekly decline, as a UK…
Oil falls with interest rate hikes and inventories in focus
(Reuters) – Oil futures fell on Thursday, with trader concern over bearish impact from interest rate hikes countered by potentially…
Oil steadies near 2-week high as markets digest mixed inventory data
Oil prices moved little in early Asian trade on Thursday, sticking near two-week highs as markets gauged mixed signals on…
Oil edges up after hawkish remarks from Fed’s Powell
(Reuters) – Oil prices rose slightly on Wednesday after U.S. Federal Reserve Chair Jerome Powell’s hawkish message reaffirming the central…