Commodities Market News - International Business Times, Singapore
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US diesel prices crossed $5 per gallon as the Iran war disrupted fuel supply, raising inflation and economic concerns.
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Rising Iran-US-Israel tensions pushed crude above $100, raising concerns over India's import bill, inflation and fuel...
Gold steadied near $5,185 as US-Iran nuclear talks were extended, while silver fell 2.5% amid shifting risk sentiment.
Brent crude futures rose 71 cents, or 0.8%, to $94.64 a barrel by 0622 GMT while U.S. West Texas Intermediate crude...
Brent crude futures for November traded down 3 cents at $88.52 a barrel by 0648 GMT.
The EU executive vice president Valdis Dombrovskis said that oil products processed from Russian crude oil are reaching...
In addition to lower crude prices, weaker refining and chemicals margins also pushed Aramco's profits down.
Kuwait and Saudi Arabia said on Thursday they have the full rights to conduct gas exploration in the gas field, which...
Shell, like other oil and gas majors, had hugely benefited last year from the bumper price surges in oil and gas in the...
India is a key player in the global grains market, and accounts for a whopping 40 percent of the global rice trade.
Monday's decision to enforce more cuts in August propped up crude oil prices.
The Organization of the Petroleum Exporting Countries (OPEC) said on Monday that global oil demand is expected to zoom...
Brent crude futures rose 95 cents, or 1.3%, to $74.80 a barrel by 2300 GMT on...
Brent futures settled down $2.98, or 3.9%, to $74.14 a barrel. U.S. West Texas...
Following the Saudi output cuts, US crude oil prices rose 2.4 percent to $73.47...
OPEC+, which groups the Organization of the Petroleum Exporting Countries and...
Exxon Mobil Chief Executive Darren Woods clarified that the company aims to...
Russia's seaborne crude oil exports stood at 3.5 million barrels per day in the...
Saudi Arabia, a close ally of the United States, has in the recent past,...
In 2022, Saudi Aramco's net income saw a 46.5-per cent increase compared to...