Commodities & Futures News

Texas grid operator calls for power conservation as temperatures, prices soar

Texas grid operator calls for power conservation as temperatures, prices soar

FILE PHOTO: An electrical substation is seen after winter weather caused electricity blackouts in Houston, Texas, U.S. February 20, 2021.…
Oil Mixed on Week: Brent Falls Slightly, U.S. Crude up Amid Record Pump Prices

Oil Mixed on Week: Brent Falls Slightly, U.S. Crude up Amid Record Pump Prices

By Barani Krishnan Investing.com — Crude prices were mixed on the week as Friday’s trading oil closed, with global benchmark…
Oil jumps 4% as U.S. gasoline prices hit record high

Oil jumps 4% as U.S. gasoline prices hit record high

FILE PHOTO: Storage tanks are seen at Marathon Petroleum’s Los Angeles Refinery, which processes domestic & imported crude oil into…
Gold’s Glitter Fades with 4th Weekly Loss, Plunge Below $1,800

Gold’s Glitter Fades with 4th Weekly Loss, Plunge Below $1,800

By Barani Krishnan Investing.com — All that glitters isn’t gold, is the saying. Yet, the yellow metal itself is barely…
Texas heatwave will test power grid early next week

Texas heatwave will test power grid early next week

FILE PHOTO: Overhead power lines are seen during record-breaking temperatures in Houston, Texas, U.S., February 17, 2021. REUTERS/Adrees Latif//File Photo/File…
U.S. Crude Inventories Rose 8.5 Million Barrels Last Week: EIA

U.S. Crude Inventories Rose 8.5 Million Barrels Last Week: EIA

By Sam Boughedda Investing.com — U.S. oil stockpiles rose more than expected in the latest week, the Energy Information Administration…
Russian diesel discount offers big margins in two-tier European trade

Russian diesel discount offers big margins in two-tier European trade

2/2 FILE PHOTO: A diesel fuel nozzle is pictured during refuelling of a car, at a filling station, after Russia’s…
Congo mines minister seeks to cancel artisanal cobalt monopoly

Congo mines minister seeks to cancel artisanal cobalt monopoly

DRC minister of mines Antoinette N’Samba Kalambayi speaks during African Mining Indaba 2022, in Cape Town, South Africa, May 11,…
Lavrov says Russia has enough energy buyers apart from West

Lavrov says Russia has enough energy buyers apart from West

Russian Foreign Minister Sergei Lavrov attends a military parade on Victory Day, which marks the 77th anniversary of the victory…
U.S. oil pipeline operators gear up for higher shale output

U.S. oil pipeline operators gear up for higher shale output

2/2 FILE PHOTO: Drill pipe is seen on an oil lease owned by Oasis Petroleum in the Permian Basin near…
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