LONDON - Oil prices hit their lowest level since June 2012 on Thursday -- with benchmark Brent prices dropping under $92 a barrel -- as price cuts from top producer Saudi Arabia added to supply glut worries and weak global economic data.
NEW YORK - The buzzing Texas Gulf Coast crude market, heralded as the oil trading hub of the future as the shale boom turns U.S. oil flows upside down, has found its first king.
TIOGA N.D. - North Dakota's oil producers will struggle to comply with aggressive rules taking effect on Wednesday designed to curb the wasteful burning of natural gas, hindered by lengthy federal reviews of crucial pipelines.
SYDNEY - BHP Billiton on Thursday agreed to a two-year contract to buy nickel ore from Poseidon Nickel Ltd to feed its Nickel West operations in Australia.
LONDON - The U.S. power industry survived its toughest test in years in January when lights and heaters stayed on even as the polar vortex swept over the country. But it was a close run thing, as regulators revealed in a new report published on Tuesday.
LONDON - U.S. oil refiners have been among the biggest beneficiaries of free trade in the last decade, so it is ironic some continue to lobby hard to maintain the protectionist ban on crude exports.
SHEKHAN Iraq - For Salah Paulis, it came down to a choice between his faith and his crop.
DUBAI/KHOBAR - Saudi Aramco sharply cut official oil prices for Asian customers in November, the state-run company said on Wednesday in the clearest sign yet the world's largest exporter is trying to compete for crude market share.
LONDON - ICAP, the world's biggest interdealer broker, will submit a proposal to the bullion market to replace the century-old global price benchmark for gold known as the "fix", the company told Reuters on Wednesday.
- Energy analysts have made the largest downward revision to their oil price forecasts in almost two years, a monthly Reuters poll showed on Wednesday, with the marked weakness in the price of Brent seen persisting into 2015.
|Commodity||Currency||Last||Change||% Change||Trade Date/Time|
|LIGHT CRUDE CON1 Oct14||USD||90.28||-0.45||-0.50%||10/02 10:25|
|NO 2 HT OIL CON1 Oct14||USD||2.63||-0.03||-0.95%||10/02 10:25|
|NATURAL GAS CON1 Sep14||USD||4.00||-0.02||-0.60%||10/02 10:24|
|100 OZ GOLD MAR4 Oct14||USD||1,210.70||-3.90||-0.32%||10/02 08:37|
|SILVER 5000 CON1 Oct14||USD||17.00||-0.21||-1.22%||10/02 07:34|
|HG COPPER CON1 Oct14||USD||3.01||-0.03||-0.91%||10/02 09:29|
|CORN CON1 Dec14||USC||323.00||-3.00||-0.92%||09/26 14:25|
|WHEAT CON1 Dec14||USC||474.75||+0.25||+0.05%||09/26 14:25|
|SOYBEANS CON1 Nov14||USC||910.00||-12.50||-1.35%||09/26 14:28|
|SUGAR 11 CON1 Feb15||USC||16.13||+0.09||+0.56%||10/02 03:50|
|COFFEE C CON1 Dec14||USC||211.00||+10.60||+5.29%||10/02 10:24|
|COCOA CON1 Dec14||USD||3,120.00||-52.00||-1.64%||10/02 10:24|
|FROZEN OJ CON1 Nov14||USC||143.55||-1.35||-0.93%||10/02 10:21|
|COTTON NO 2 CON1 Oct14||USC||63.60||+2.11||+3.43%||09/26 12:40|
|LIVE HOGS CON1 Oct14||USC||106.45||-1.15||-1.07%||10/02 10:26|
|LIVE CATTLE CON1 Oct14||USC||162.90||+0.43||+0.26%||10/02 10:24|
- Morocco gets $519 million World Bank loan for solar power project
- West-to-east cash transfer shapes Europe's climate goal tussle
- Ditch U.N. temperature target for global warming, study says
- Taxes, fees: the worldwide battle between utilities and solar
- China embraces carbon pricing and UN takes a shine to plan
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