Europe rushes to fill up on Russian diesel before ban begins
European traders are rushing to fill tanks in the region with Russian diesel before an EU ban begins in February,...
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Commodities
Articles about commodities and their market, values, development and logistics.
Biden is threatening a windfall tax on energy companies, slammed them for ‘war profiteering’
US President Joe Biden called on energy companies to boost production or pay a windfall tax. Oil majors have reported...
Russia suspends Ukraine grain deal over ship attack claim
Russia says it will immediately suspend a U.N.-brokered grain export deal that has seen more than 9 million tons of...
The U.S. should pump more oil to avert a war-level energy crisis, says JPMorgan’s Jamie Dimon
JPMorgan Chase CEO Jamie Dimon told CNBC Monday that the U.S. should forge ahead in pumping more oil and gas...
Oil prices edge up ahead of OPEC+ meeting to discuss supply cuts
Oil prices edged higher on Tuesday as expectations that OPEC+ may agree to a large cut in crude output when...
Oil prices fall more than 1% as dollar scales new peak
Oil prices fell more than 1% on Wednesday, pressured by a strengthening dollar and crude storage builds that offset support...
European gas prices likely to fall sharply this winter says Goldman Sachs
EU countries’ efforts to avoid big shortages likely to ‘successfully solve’ Russian cuts, says bank European countries can withstand Russia’s...
Oil falls to 7-mth low on renewed demand fears, rate hike expectations
Oil prices fell more than $1 on Wednesday to their lowest since before Russia invaded Ukraine as COVID-19 curbs in...
The US asks farmers: Can you plant 2 crops instead of 1?
There is a limited amount of farmland, so when Russia’s invasion of Ukraine last spring prompted worries that people would...
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