Category: Business Insider


Oil’s Worst Week Since 2011 Puts Pressure on OPEC+ to Respond
Commodities7 hours ago (Feb 28, 2020 02:40AM ET) 4/4 2/4 (Bloomberg) — Oil was on course for its biggest weekly loss since 2011 as the…


Oil Prices Plunged More Than 3% as Coronavirus Threat Looms; OPEC Meeting Looms
Commodities8 hours ago (Feb 28, 2020 01:38AM ET) (C) Reuters. By Alex Ho Investing.com – Oil prices plunged more than 3% and traded near their…


Gold Prices Slip Despite Meltdown in Global Stocks
Commodities9 hours ago (Feb 28, 2020 12:57AM ET) (C) Reuters. By Alex Ho Investing.com – Gold prices slipped for the second day in a row…


Occidental posts quarterly loss on impairment, charges
Commodities3 hours ago (Feb 27, 2020 05:48PM ET) (C) Reuters. The logo for Occidental Petroleum is displayed on a screen on the floor at the…


Gold Struggles to Regain Mojo Despite Continued Meltdown in Stocks
Commodities5 hours ago (Feb 27, 2020 03:41PM ET) (C) Reuters. By Barani Krishnan Investing.com – Gold prices were little changed a second day in a…


Kosovo to partially remove tariffs on Serbian-made goods
Commodities6 hours ago (Feb 27, 2020 02:36PM ET) By Fatos Bytyci PRISTINA (Reuters) – Kosovo’s prime minister said on Thursday the government will partially remove…


Oil Crashes to 2017 Lows as Market Reels on Virus Scare
Commodities8 hours ago (Feb 27, 2020 01:25PM ET) (C) Reuters. By Barani Krishnan Investing.com – Fear that oil will lose more demand than it can…


Democratic candidates’ drilling ban would cost U.S. economy $7 trillion: oil group
Commodities8 hours ago (Feb 27, 2020 12:36PM ET) WASHINGTON (Reuters) – Banning hydraulic fracturing and halting new drilling on federal land would cost the U.S….


Gold Rises Again as Virus Fears Spook Equities
Commodities10 hours ago (Feb 27, 2020 11:32AM ET) (C) Reuters. By Geoffrey Smith Investing.com — Gold prices resumed their relentless rise on Thursday as another…


Oil prices fall for fifth day to lowest in a year
Commodities13 hours ago (Feb 27, 2020 08:23AM ET) By Noah Browning LONDON (Reuters) – Oil prices fell nearly 3% on Thursday, plunging for a fifth…


Oil prices fall for fifth day to lowest in a year
Commodities22 minutes ago (Feb 27, 2020 08:23AM ET) (C) Reuters. FILE PHOTO: A view shows the Gazprom Neft’s oil refinery in Omsk, Russia By Noah…


BoE’s Carney urges City of London to step up ahead of climate summit
Commodities4 hours ago (Feb 27, 2020 04:46AM ET) By Matthew Green LONDON (Reuters) – Bank of England Governor Mark Carney called on London’s money managers…


Gold Prices Rise as U.S. Confirms First Community Transmission of Coronavirus
Commodities7 hours ago (Feb 27, 2020 12:53AM ET) (C) Reuters. By Alex Ho Investing.com – Gold prices rose again on Thursday in Asia after the…


Oil Prices Down as Fears of Virus Outweigh Crude Inventories Data
Commodities8 hours ago (Feb 27, 2020 12:16AM ET) (C) Reuters. By Alex Ho Investing.com – Oil prices were down on Thursday in Asia as virus…


Oil Down Again as Virus Fears Outweigh Positive U.S. Crude Data
Commodities4 hours ago (Feb 26, 2020 03:12PM ET) (C) Reuters. By Barani Krishnan Investing.com – Oil hit 13-month lows on Wednesday, ignoring positive weekly data…


U.S. renewable fuel prices climb 25% after report on small refinery waiver program
Commodities4 hours ago (Feb 26, 2020 03:11PM ET) By Stephanie Kelly NEW YORK (Reuters) – U.S. renewable fuel prices rose 25% on Wednesday, traders said,…


Gold Mixed After Wall Street’s Rise; Return to 7-Year Highs Likely
Commodities4 hours ago (Feb 26, 2020 03:04PM ET) By Barani Krishnan Investing.com – Gold prices were mixed on Wednesday after a rebound in U.S. stocks…


Lebanon to begin offshore energy drilling on Thursday
Commodities5 hours ago (Feb 26, 2020 01:56PM ET) BEIRUT (Reuters) – Lebanon’s search for offshore oil and gas will begin on Thursday, President Michel Aoun…


U.S. Oil Inventories Rose by 452,000 Barrels Last Week – EIA
Commodities8 hours ago (Feb 26, 2020 11:01AM ET) (C) Reuters. By Kim Khan Investing.com – Stockpiles of U.S. crude oil rose less than traders expected…


Crude Oil Hits 14-Month Lows as Pandemic Fears Pressure Demand Outlook
Commodities14 hours ago (Feb 26, 2020 04:49AM ET) (C) Reuters. By Noreen Burke Investing.com – Crude oil prices fell to their lowest levels in 14…