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Commodities News
Oil prices settle after turbulent week as Saudi Arabia reassures on output
By Florence TanSINGAPORE (Reuters) - Oil prices edged higher in early Asian trade on Thursday after days of turbulence, with markets…
Oil falls more than 1% as market awaits response to Saudi oil attacks
TOKYO (Reuters) - Oil fell more than 1% on Tuesday as the market hung on tenterhooks following attacks on Saudi Arabian crude facilities…
Oil surges 20% after Saudi attack, softens on stockpile hopes
By Koustav Samanta and Sabina ZawadzkiSINGAPORE/LONDON (Reuters) - Oil prices surged nearly 20% at one point on Monday, with Brent crude…
Trump trade-war aid sows frustration in farm country
By P.J. HuffstutterROCHESTER, Minn. (Reuters) - The U.S. government is paying Texas cotton farmer J. Walt Hagood $145 an acre for losses…
Cuba says facing acute fuel shortage due to U.S. sanctions
HAVANA (Reuters) - Cuba must implement emergency measures to stave off an acute fuel shortage in September caused by the Trump…
Trump says he could possibly meet with Iran’s Rouhani at U.N. meeting
WASHINGTON (Reuters) - U.S. President Trump on Wednesday left the door open to a possible meeting with Iranian President Hassan Rouhani at…
Oil prices recover some ground, but economic concerns weigh
By Jessica Jaganathan and Florence TanSINGAPORE (Reuters) - Oil prices recovered some ground on Wednesday after touching their lowest in…
Oil falls amid new round of tariffs in U.S.-China trade war
TOKYO (Reuters) - Oil prices fell on Monday after new tariffs imposed by the United States and China came into force, raising concerns about…
China’s Xi sees bigger role for joint development of offshore oil, gas with Philippines
SHANGHAI (Reuters) - Chinese President Xi Jinping said China and the Philippines could take a "bigger step" in the joint development of oil…
Spread between seaborne, port iron ore prices widens on shipment surge
BEIJING (Reuters) - The spread between seaborne iron ore heading to China and iron ore at China's ports has widened to the highest in at…