U.S. natural gas futures have surged to their highest levels since November 2023, driven by forecasts for colder weather and increased heating demand. This price spike reflects a tightening market…
Browsing: Commodities
Vitol, the world’s largest independent oil trader, has expressed concerns about the future trajectory of oil demand in China. While Chinese oil demand has been a major driver of global…
U.S. crude oil futures experienced a slight dip, settling at $68.87 per barrel on [Date of News]. This represents a decrease of 52 cents, or 0.75%, from the previous trading…
Brent crude oil futures settled at $72.81 per barrel on [date], marking a decrease of $0.50 or 0.68% from the previous day’s close. This decline comes amid concerns about potential…
Brent crude futures settled at $73.31 per barrel on [date], marking a marginal increase of $0.01 or 0.01%. This minor price movement suggests a relatively stable market with balanced supply…
Russia has increased its primary offline oil refining capacity plan by 34% to 2.42 million tonnes, according to Reuters calculations. This move comes as Russia faces sanctions and seeks to…
U.S. crude oil futures experienced a significant surge on Tuesday, settling at $69.16 per barrel, marking a $2.14 increase, or a 3.19% rise. This upward movement comes as a surprise…
Brent crude oil futures prices saw a significant jump on Tuesday, settling at $73.30 per barrel, marking a $2.26 increase or a 3.18% rise. This surge comes amid escalating geopolitical…
Azerbaijan’s oil production increased slightly to 482,000 barrels per day (bpd) in October, up from 479,000 bpd in September, according to the country’s Energy Ministry as reported by Interfax. This…
Iron ore prices have rebounded above the psychologically significant $100 per metric ton level, driven by robust immediate demand and renewed optimism surrounding potential economic stimulus measures from China, the…