Commodities Market News - International Business Times, Singapore

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Europe Frets as Russia Slashes Natural Gas Deliveries Through Nord Stream Pipeline

According to Gazprom, deliveries via the Nord Stream pipeline has been slashed by around 40 percent as Siemens is undertaking repairs on...

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An oil tanker unloads crude oil at a crude oil terminal in Zhoushan, Zhejiang province, China July 4, 2018.

India, China Shun West, On Course to Buying Record Volumes of Russian Oil This Year

India used a whopping 60 million barrels of Russian oil so far in 2022, as against 12 million barrels in the whole of...

Russia Restricts Export of Rare Gases in Trade Retaliation, Semiconductor Shortage to Worsen

The supply of neon and xenon gasses had already come under strain after Ukraine stopped production following the...

Average US Gasoline Prices Breach $5 Per Gallon Mark; Oil Giants Make Record Profits

According to AAA, the national average price for unleaded gasoline was $5.004 a gallon on Saturday, June 11.

What is Demand Destruction? High Pump Prices Seen Slashing US Gasoline Consumption

While West Texas Intermediate crude futures traded above $122 per barrel on Wednesday, Brent prices were above $123 per...

Ukraine War Worsens Americans' Economic Hardship; National Average Gas Price to Top $4.80

For some more context, a week into the Ukraine war, the US national average gas price was hovering around the sensitive...

Gazprom Stops Gas Supplies to Netherland's GasTerra as Europe Rushes to Fill Gas Storage Sites

On Monday European Union leaders agreed in principle to cut the EU's Russian oil imports by 90% by year-end.

China Serves Blow to Delusional Europe, Offers to Buy More Russian Crude

Crude prices will shoot up further if Russian oil is blocked off the market due to political opposition in the wake of...

Major Escalation as Russia Cuts Off Gas to Poland and Bulgaria; Putin Vows to Punish Enemies

Staunch Kremlin opponent Poland is among the European countries seeking the toughest sanctions against Russia for...

Analysis: India's Role in Defeating Joe Biden's Oil Market Strategy

Instead of cutting crude purchase from Russia in solidarity with Ukraine, India ramped up oil deals with Russia.

Cost of War: Brent Crude Price Breaches $111 Mark; the Highest in 8 Years

Crude oil prices have surged by nearly 15 per cent in the last two days on fear of tight supplies.

Pain at the Pump: Gas Prices in Los Angeles Set 11 New Records in 12 Days

The spike in prices is being blamed in part on the rising cost of crude oil, as well as unplanned refinery maintenance...

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Russia Could Cripple US Semiconductor Industry, Worsening Chip Shortage: White House

More than 90% of U.S. semiconductor-grade neon supplies come from Ukraine,...

Global Gold Demand Rises 10% in 2021, ETF Holdings Fall

The total demand for the yellow metal was at 4,021 tonnes, excluding the "over...

Saudi Arabia to Take Control of Two Thirds of Poland's Oil Supply in Huge Blow to Russia

Poland has a long history of seeking to reduce its dependence on Russian energy...

Will oil price stay higher after Opec-Russia output reduction?

Crude to Hit $100? Analysts Predict Robust Rally in 2022 as Demand Outstrips Supply

High oil prices could keep inflation uncomfortably high well into 2022, slowing...

Exxon Mobil Launches Sale of 61 Shale Gas Wells in Appalachian Basin

The sale could value the assets at around $200 million based on current natural...

Uranium Shortage? World's Top Producer Rules Out Impact From Kazakhstan Unrest

Uranium prices have risen after unrest in Kazakhstan which was spurred...

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Venezuela President Maduro Plans Iran Visit to Boost Oil Cooperation

Maduro's government has received vital equipment for its oil industry from...

An LNG tanker passes boats along the coast of Singapore

US Poised to Beat Qatar, Australia to Become the World's Biggest LNG Exporter

Major U.S. developers like Cheniere Energy, the largest U.S. exporter, have...

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International Space Station captures new footage of Hurricane Harvey

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Twitter shares drop after fall in user numbers

Why Musk Isn't Alone in the Battle Against Twitter's Mission to Save Democrats, Not Democracy

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Commodities Market News - International Business Times, Singapore

Europe Frets as Russia Slashes Natural Gas Deliveries Through Nord Stream Pipeline

India, China Shun West, On Course to Buying Record Volumes of Russian Oil This Year

Russia Restricts Export of Rare Gases in Trade Retaliation, Semiconductor Shortage to Worsen

Average US Gasoline Prices Breach $5 Per Gallon Mark; Oil Giants Make Record Profits

What is Demand Destruction? High Pump Prices Seen Slashing US Gasoline Consumption

Ukraine War Worsens Americans' Economic Hardship; National Average Gas Price to Top $4.80

Gazprom Stops Gas Supplies to Netherland's GasTerra as Europe Rushes to Fill Gas Storage Sites

China Serves Blow to Delusional Europe, Offers to Buy More Russian Crude

Major Escalation as Russia Cuts Off Gas to Poland and Bulgaria; Putin Vows to Punish Enemies

Analysis: India's Role in Defeating Joe Biden's Oil Market Strategy

Cost of War: Brent Crude Price Breaches $111 Mark; the Highest in 8 Years

Pain at the Pump: Gas Prices in Los Angeles Set 11 New Records in 12 Days

Russia Could Cripple US Semiconductor Industry, Worsening Chip Shortage: White House

Global Gold Demand Rises 10% in 2021, ETF Holdings Fall

Saudi Arabia to Take Control of Two Thirds of Poland's Oil Supply in Huge Blow to Russia

Crude to Hit $100? Analysts Predict Robust Rally in 2022 as Demand Outstrips Supply

Exxon Mobil Launches Sale of 61 Shale Gas Wells in Appalachian Basin

Uranium Shortage? World's Top Producer Rules Out Impact From Kazakhstan Unrest

Venezuela President Maduro Plans Iran Visit to Boost Oil Cooperation

US Poised to Beat Qatar, Australia to Become the World's Biggest LNG Exporter

Why Musk Isn't Alone in the Battle Against Twitter's Mission to Save Democrats, Not Democracy

Why Musk Isn't Alone in the Battle Against Twitter's Mission to Save Democrats, Not Democracy

World War III Over Ukraine? The Blood Will be on Joe Biden's Hands, Not Putin's

World War III Over Ukraine? The Blood Will be on Joe Biden's Hands, Not Putin's

Joe Biden's Hamlet Crisis: He Will Soon Realize He is Governing in Trump's America

Joe Biden's Hamlet Crisis: He Will Soon Realize He is Governing in Trump's America