Commodities & Futures News

Oil prices tick down on worries about Chinese demand

Oil prices tick down on worries about Chinese demand

By Arathy Somasekhar (Reuters) — Oil prices edged lower on Tuesday on worries about a slowing Chinese economy crimping demand,…
Former Chevron CEO Kenneth Derr dies at 87

Former Chevron CEO Kenneth Derr dies at 87

By Sabrina Valle HOUSTON (Reuters) — Former Chevron Corp (NYSE:CVX) chairman and CEO Kenneth T. Derr, who led the company…
Freeport LNG in Texas to restart one train this week after Hurricane Beryl

Freeport LNG in Texas to restart one train this week after Hurricane Beryl

By Scott DiSavino and Arathy Somasekhar NEW YORK/HOUSTON (Reuters) — Freeport LNG plans to restart one of three liquefied natural…
Biden administration mulls more Alaska drilling protections

Biden administration mulls more Alaska drilling protections

By Valerie Volcovici WASHINGTON (Reuters) — The Biden administration is seeking input on whether to add more areas for protection…
Bird flu virus detected in Oklahoma dairy herd

Bird flu virus detected in Oklahoma dairy herd

(Reuters) — Oklahoma has detected bird flu in a herd of dairy cattle, the state’s agriculture department said on Friday,…
Gold prices could surge to $3,000 as flows ‘have plenty of scope to expand’: Citi

Gold prices could surge to $3,000 as flows ‘have plenty of scope to expand’: Citi

Gold prices might surge to $3,000 per ounce as financial flows show potential for significant expansion, according to a recent…
Oil prices steadies despite weak China GDP, stronger dollar

Oil prices steadies despite weak China GDP, stronger dollar

Investing.com— Oil prices steadied Monday despite underwhelming growth data from China presenting a weak outlook for demand.  At 09:20 ET…
Oil regains ground on political uncertainty in US, Mideast

Oil regains ground on political uncertainty in US, Mideast

By Florence Tan SINGAPORE (Reuters) -Oil regained ground on Monday, with political uncertainty in the U.S. and the Middle East…
Kuwait says government spending must be fixed to control budget growth

Kuwait says government spending must be fixed to control budget growth

Kuwait (Reuters) -Kuwait’s budget is projected to show a deficit of 5.6 billion dinars ($18.33 billion) for the 2024-2025 fiscal…
Nearly a million homes, businesses in Texas still without power after Hurricane Beryl

Nearly a million homes, businesses in Texas still without power after Hurricane Beryl

By Arathy Somasekhar HOUSTON (Reuters) -Nearly a million homes and businesses in Texas remained without power on Friday, five days…
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