DUBAI Output or exports? OPEC members have argued for decades over which of the two they should monitor to gauge compliance with oil-output cuts.
WASHINGTON The U.S. State Department will approve by Monday the permit needed to proceed with construction of the Canada-to-United States Keystone XL oil pipeline, a project blocked by former President Barack Obama, according to Politico.
BOSTON President Donald Trump’s White House has said his plans to slash environmental regulations will trigger a new energy boom and help the United States drill its way to independence from foreign oil. | Video
SEOUL/TOKYO/MILAN The world's biggest liquefied natural gas (LNG) buyers, all in Asia, are clubbing together to secure more flexible supply contracts in a move which shifts power to importers from producers as oversupply grows.
The National Biodiesel Board said on Thursday it has filed a petition to the U.S. government to investigate imports from Argentina and Indonesia, saying they have violated trade laws by flooding the U.S. market with dumped, subsidized biodiesel.
ANTOFAGASTA, Chile The strike at Chile's Escondida, the world's largest copper mine, is ending after workers decided to invoke a rarely used legal provision that allows them to extend their old contract, the union said on Thursday.
HOUSTON Royal Dutch Shell plc, Chevron Corp and Exxon Mobil Corp signaled the oil industry's return to the Gulf of Mexico's deep waters with high bids in a government auction up 76 percent over a year ago.
CHICAGO Rebel creditors of Peabody Energy Corp's reorganization plan have said they intend to appeal a bankruptcy judge's decision to allow the world's largest private sector coal producer to exit Chapter 11 protection.
LAUNCESTON, Australia It's taken a while but the iron ore market is finally getting the reality check it needed, although the Chinese part of the market still looks like it requires a bigger dose.
SAO PAULO Brazil's two largest food processors are striving to restore confidence in their quality controls as they pursue plans to list overseas units after a scandal over alleged bribery of health officials that triggered bans on Brazilian meat exports.
|Commodity||Currency||Last Trade||Price Change||% Price Change||Trade Time|
|LIGHT CRUDE CON1 Apr17||USD||47.74||-0.30||-0.62%||03/23 14:41|
|NO 2 HT OIL CON1 Mar17||USD||1.49||-0.00||-0.28%||03/23 14:42|
|NATURAL GAS CON1 Mar17||USD||3.05||+0.04||+1.20%||03/23 14:43|
|100 OZ GOLD C2 Mar17||USD||1,244.90||-4.40||-0.35%||03/23 14:34|
|SILVER 5000 CON1 Mar17||USD||17.58||+0.03||+0.17%||03/23 13:02|
|HG COPPER CON1 Mar17||USD||2.63||+0.01||+0.29%||03/23 14:14|
|CORN CON1 May17||USC||356.50||-2.25||-0.63%||03/23 14:19|
|WHEAT CON1 May17||USC||420.75||-1.50||-0.36%||03/23 14:19|
|SOYBEANS CON1 May17||USC||990.25||-9.50||-0.95%||03/23 14:30|
|SUGAR 11 CON1 Apr17||USC||17.64||+0.34||+1.97%||03/23 13:00|
|COFFEE C CON1 May17||USC||140.35||-1.35||-0.95%||03/23 13:29|
|COCOA CON1 May17||USD||2,174.00||+9.00||+0.42%||03/23 13:29|
|FROZEN OJ CON1 May17||USC||182.70||-6.30||-3.33%||03/23 13:59|
|COTTON NO 2 CON1 May17||USC||77.34||+0.00||+0.00%||03/23 14:19|
|LIVE HOGS CON1 Apr17||USC||69.43||+1.27||+1.87%||03/23 14:20|
|LIVE CATTLE CON1 Apr17||USC||121.97||-0.47||-0.39%||03/23 14:20|
- U.S. oil and gas industry reaps the benefits of international trade: Kemp
- Hedge funds rush for exit after oil trade becomes crowded: Kemp
- OPEC cuts make global crude supply lighter and sweeter: Kemp
- Brent spreads become battleground amid doubts over oil rebalancing: Kemp
- Oil prices drop as hedge funds head for the exit: Kemp
|1 Month Libor||--|
|3 Month Libor||1.15|