- Commodities
Copper prices have slumped to a five-month low, also reflecting the resolution of supply disruptions and some traders stepping up bearish bets against the metal.
Copper prices have slumped to a five-month low, also reflecting the resolution of supply disruptions and some traders stepping up bearish bets against the metal.
The climate pattern’s forecast is pushing up sugar prices and could threaten some U.S. farmers.
The longtime barometer of wood prices and building activity is being replaced with a new lumber-futures contract in an effort to boost trading.
Continued flow of natural gas should ease electricity costs but it is risky for companies.
With a slowing global economy crimping demand, Moscow appears not to have followed through on pledges to ax output.
Urals crude has risen close to the $60 cap, pressuring the West’s ability to keep Russian oil on the market and still pinch Moscow’s revenue.
Despite U.S. objections, the Gulf countries are using the Russian products internally, including for consumption and refining purposes, and exporting their own barrels at market rates, boosting their profits.
Prices for the commodity have shot to their highest level in more than a decade, boosted by disappointing harvests in some of the world’s largest producers and strong demand in China.
Lower Treasury yields and a weaker dollar have also boosted the precious metal.
The commodities company said it would add a cash component to its roughly $23-billion merger proposal for the Canadian miner, as it seeks to cinch a deal that would create a copper giant.
The wild card for the market lies in players such as Nigeria where production has risen unexpectedly but is prone to outages.
As U.S. production of the plant- and animal-derived biofuel soars, the EPA is worrying about surging demand for vegetable oils
The key ingredient in batteries has fallen more than 30% after a big rally.
The jump follows a vow by Saudi Arabia and other OPEC+ members to cut production.
Citing energy needs, Tokyo won legal exception to rules binding Group of Seven nations.
The risks of a U.S. recession are clouding Wall Street’s outlook for crude prices.
Prices recently topped $2,000 for the first time since Russia’s invasion of Ukraine.
EPA regulations could limit the use of the legume byproduct in biofuel.
Moscow has largely succeeded in finding new customers but at a sharp cost to its oil export income, the International Energy Agency said.
The European Commission said President Biden warned the EU that Washington had no appetite to cut the price cap.
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