Commodities

  • Commodities

Oil drops as hurricane influences on U.S. refining

Oil prices slid on Tuesday between worries that power outages and flooding in Louisiana following Hurricane Ida will lower crude… Read More

3 years ago
  • Commodities

Hurricane Ida crashes the critical U.S. oil port

Hurricane Ida approached landfall on Sunday as a Category 4 storm near Port Fourchon, Louisiana, hitting critical U.S. oil infrastructure… Read More

3 years ago
  • Commodities

Colonial Pipeline closes 2 gas lines due to Hurricane Ida

According to the latest news, Colonial Pipeline officials will temporarily shut down Lines 1 and 2, from Houston to Greensboro,… Read More

3 years ago
  • Commodities

Gold falls but moves ahead of Fed`s Jackson Hole conference

Gold was falling on Thursday morning in Asia, with investors careful ahead of a U.S. Federal Reserve conference that could… Read More

3 years ago
  • Commodities

Gold drops but stays above $1800 mark

Gold was falling on Tuesday morning in Asia but settled over the $1,800 level. Hopes are also building that the… Read More

3 years ago
  • Commodities

Gold Rises on Continuous Coronavirus Worries

Gold was higher on Monday morning in Asia, with the dollar continuing near multi-month highs. Nevertheless, lingering worries regarding the… Read More

3 years ago
  • Commodities

Oil falls under $66

Distribution of the Delta variant in areas of low vaccination is pushing transmission of coronavirus, the World Health Organization stated.… Read More

3 years ago
  • Commodities

Oil Drops Over Continuous Fuel Demand Worries

Both Brent and WTI futures were below the $70-mark, following slumping higher than 5% over the preceding six assemblies. They… Read More

3 years ago
  • Commodities

Gold Rises but Coronavirus Perils Linger

Gold futures crept up 0.19% to $1,791.15 by 12:30 AM ET (4:30 AM GMT). Jeffrey Halley, the senior market analyst… Read More

3 years ago
  • Commodities

CCPC Takes Focus on Iran and Venezuela Oil Trade

A Chinese logistics company has emerged as a primary player in sanctioned oil from Iran and Venezuela. However, it became… Read More

3 years ago