Category: Commodities
Oil Down, Loses Momentum After Reaching High
Oil prices slid for a second straight day after peaking with a seven-year high at the start of the week, after a jump in U.S. crude inventory was disc [...]
China Coal Futures Plunge Again as Government Plans Price Curbs
Coal futures in China extended a plunge as the nation’s government considers new limits on prices to help ease an energy crisis, along with a call on [...]
Gold Up as U.S. Bond Yields Fall
Gold was up on Thursday morning in Asia, boosted by a fall in U.S. bond yields. However, strong risk appetite in equity markets kept bullion’s gains i [...]
Oil Dips After Buildup in Oil Inventories
Oil prices fell following larger than expected increases in crude oil stockpiles and fuel inventories in the U.S.
Brent oil futures fell 0.76% to $ [...]
Oil drops 1% as U.S. stockpile rise saps rally
Oil prices fell on Wednesday after industry data showed crude oil stockpiles rose more than expected and fuel inventories unexpectedly increased last [...]
EU countries splinter ahead of crisis talks on energy price spike
Divisions deepened among European Union countries ahead of an emergency meeting of ministers on Tuesday on the bloc's response to a spike in energy pr [...]
EUR/USD Forecast: Can euro break out of range before ECB meeting?
EUR/USD has been struggling to determine its next short-term direction.
Disappointing sentiment data from Germany limit EUR/USD's upside.
Dollar sta [...]
Oil Down, Reverses Earlier Uptick as China Aims to Soften Power Shortage
Oil was down Wednesday morning in Asia, reversing its earlier upward trend. The Chinese government also indicated that it was searching for ways to c [...]
Oil drops as China considers intervention to ease coal crunch
Oil prices fell on Wednesday after the Chinese government stepped up efforts to tame record high coal prices and ensure coal mines operate at full cap [...]
Rio Tinto announces bold $7.5 billion spend to halve carbon emissions by 2030
Anglo-Australian miner Rio Tinto (LON:RIO) announced on Wednesday a $7.5 billion plan to reduce carbon emissions by 50% by 2030, a reduction three tim [...]