Commodities & Futures News

Explore the latest news and trends in commodities and futures markets. Stay informed with our “Commodities & Futures News” section on business.co.uk.

China’s BYD in talks with Brazil’s Sigma Lithium on supply deal -FT

China’s BYD in talks with Brazil’s Sigma Lithium on supply deal -FT

Chinese electric car-maker BYD (002594.SZ) has held talks with Brazil’s Sigma Lithium (SGML.V) over a possible supply agreement, joint venture…
US sanctions two tanker owners for carrying Russian oil above price cap

US sanctions two tanker owners for carrying Russian oil above price cap

  By Timothy Gardner and Daphne Psaledakis WASHINGTON (Reuters) – The United States imposed sanctions on two owners of tankers…
IEA, OPEC predictions of 2024 oil demand growth diverge further

IEA, OPEC predictions of 2024 oil demand growth diverge further

2/2 FILE PHOTO: Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas U.S.…
Orlen takes control of Yamal pipeline, ousts Gazprom

Orlen takes control of Yamal pipeline, ousts Gazprom

  In a significant strategic move, Poland’s state energy company Orlen has acquired Gazprom (MCX:GAZP)’s stake in the Yamal pipeline,…
Analysis-Companies fear lawsuits from California’s climate disclosure rules

Analysis-Companies fear lawsuits from California’s climate disclosure rules

FILE PHOTO: Gavin Newsom, governor, state of California speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California,…
Low wheat prices irk Kansas farmers, capping US winter wheat acreage

Low wheat prices irk Kansas farmers, capping US winter wheat acreage

FILE PHOTO: General view of a wheat field that shows signs of damage from drought near Sublette, Kansas, U.S., May…
Oil prices surge amid rising Middle East tensions and escalating conflict in Israel

Oil prices surge amid rising Middle East tensions and escalating conflict in Israel

  The global oil market is grappling with rising geopolitical tensions, particularly the escalating conflict in Israel, that are threatening…
Oil down 3rd day as industry data suggests epic US crude build 

Oil down 3rd day as industry data suggests epic US crude build 

  Investing.com – Crude prices fell for a third day in a row as trading began in Asia Thursday, responding…
Oil falls further on US stock build, easing supply concerns

Oil falls further on US stock build, easing supply concerns

FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, appearing to run out of…
Oil falls over 2% after Saudi pledge; investors keep wary eye on Israel

Oil falls over 2% after Saudi pledge; investors keep wary eye on Israel

FILE PHOTO: Oil rigs are seen at Vaca Muerta shale oil and gas drilling, in the Patagonian province of Neuquen,…
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