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
WASHINGTON The U.S. State Department plans to approve on Friday 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 two government sources familiar with the process.
DUBAI Saudi Arabia's crude exports to the United States in March will fall by around 300,000 barrels per day from February, in line with OPEC's agreement to reduce supply, a Saudi energy ministry official said on Thursday.
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.
SAO PAULO Brazil's JBS SA , the world's biggest meatpacking company, announced on Thursday that it had suspended beef production at 33 of its 36 plants amid the corruption scandal that has caused some of the country's biggest export markets to ban Brazilian meats.
SEOUL/HONG KONG Major fast-food chains in South Korea and Hong Kong have pulled chicken, beef and pork off their menus as they scramble to reassure customers about food safety as Brazil's meat scandal crisis intensifies.
SAO PAULO Brazilian poultry producer BRF SA has begun breaking fertilized eggs to reduce chicken production, a source said on Thursday, after a bribery scandal raised sanitary concerns about Brazil's meat industry, hurting demand for exports.
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.
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.
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.
|Commodity||Currency||Last Trade||Price Change||% Price Change||Trade Time|
|LIGHT CRUDE CON1 Apr17||USD||47.73||+0.03||+0.06%||03/23 18:31|
|NO 2 HT OIL CON1 Mar17||USD||1.49||+0.00||+0.02%||03/23 18:07|
|NATURAL GAS CON1 Mar17||USD||3.05||-0.00||-0.16%||03/23 18:32|
|100 OZ GOLD C2 Mar17||USD||1,246.90||+0.00||+0.00%||03/23 16:00|
|SILVER 5000 CON1 Mar17||USD||17.56||+0.00||+0.00%||03/23 16:41|
|HG COPPER CON1 Mar17||USD||2.64||+0.00||+0.00%||03/23 16:32|
|CORN CON1 May17||USC||356.75||+0.00||+0.00%||03/23 17:20|
|WHEAT CON1 May17||USC||421.00||+0.00||+0.00%||03/23 17:34|
|SOYBEANS CON1 May17||USC||991.00||+0.00||+0.00%||03/23 17:32|
|SUGAR 11 CON1 Apr17||USC||17.60||+0.00||+0.00%||03/23 13:00|
|COFFEE C CON1 May17||USC||140.35||-1.35||-0.95%||03/23 13:29|
|COCOA CON1 May17||USD||2,176.00||+0.00||+0.00%||03/23 13:29|
|FROZEN OJ CON1 May17||USC||185.15||+0.00||+0.00%||03/23 13:59|
|COTTON NO 2 CON1 May17||USC||77.27||+0.00||+0.00%||03/23 14:19|
|LIVE HOGS CON1 Apr17||USC||69.35||+0.00||+0.00%||03/23 17:27|
|LIVE CATTLE CON1 Apr17||USC||121.78||+0.00||+0.00%||03/23 17:27|
- 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|