London Oil rose by more than 2 percent on Tuesday after Saudi Arabia vowed to reduce exports from next month and OPEC called on members to boost compliance with agreed output cuts to help curb oversupply and support flagging crude prices.
LOS ANGELES U.S. solar companies are snapping up cheap imported solar panels ahead of a trade decision by the Trump administration that could drive up costs and cloud the fortunes of one of the economy's brightest stars.
BEIJING China's crude oil imports will exceed 400 million tonnes this year, said an executive at a Chinese state oil giant on Tuesday, as continuing low oil prices and declining domestic output sparked increased overseas purchases.
BEIJING China's Foreign Ministry has urged a halt to oil drilling in a disputed part of the South China Sea, where Spanish oil company Repsol had been operating in cooperation with Vietnam.
BEIJING State oil trader Unipec will develop "really strong" ties with China's independent refiners, said a company executive on Tuesday, even as they present a growing challenge to its parent and Asia's top refiner, Sinopec Corp.
Kuwait's OPEC governor Haitham al-Ghais said it is premature to talk about additional cuts to oil output as things are going in the right direction and signs are positive, Al-Arabiya television reported.
TORONTO Freeport-McMoRan Inc said on Tuesday that it was encouraged by recent progress in talks with Indonesia to resolve a lengthy permit dispute for its massive Grasberg mine, but will pursue arbitration if a long-term deal cannot be reached.
Newmont Mining Corp handily beat profit estimates on Tuesday as production improved, offsetting losses from lower realized gold prices, sending its shares up as much as 6.2 percent.
LONDON The London Metal Exchange (LME) will start publishing gold and silver reference prices, the exchange told Reuters on Tuesday, potentially challenging the dominance of benchmarks administered by Intercontinental Exchange (ICE).
SINGAPORE Royal Dutch Shell and SoftBank are among several global groups considering bidding for Equis Energy, Asia's largest independent renewable energy producer valued at up to $5 billion, sources familiar with the matter said.
|Commodity||Currency||Last Trade||Price Change||% Price Change||Trade Time|
|LIGHT CRUDE CON1 Aug17||USD||47.66||+1.32||+2.85%||07/25 11:54|
|NO 2 HT OIL CON1 Jul17||USD||1.56||+0.04||+2.63%||07/25 11:53|
|NATURAL GAS CON1 Jul17||USD||2.94||+0.04||+1.35%||07/25 11:54|
|100 OZ GOLD C2 Jul17||USD||1,250.80||-3.10||-0.25%||07/25 10:44|
|SILVER 5000 CON1 Jul17||USD||16.27||-0.13||-0.78%||07/25 07:13|
|HG COPPER CON1 Jul17||USD||2.82||+0.09||+3.44%||07/25 11:40|
|CORN CON1 Sep17||USC||371.75||-5.50||-1.46%||07/25 11:54|
|WHEAT CON1 Sep17||USC||479.50||-9.25||-1.89%||07/25 11:53|
|SOYBEANS CON1 Aug17||USC||993.50||-4.00||-0.40%||07/25 11:54|
|SUGAR 11 CON1 Sep17||USC||14.00||-0.40||-2.78%||07/25 11:54|
|COFFEE C CON1 Sep17||USC||129.85||-2.70||-2.04%||07/25 11:52|
|COCOA CON1 Sep17||USD||1,930.00||-38.00||-1.93%||07/25 11:54|
|FROZEN OJ CON1 Sep17||USC||134.80||+0.30||+0.22%||07/25 11:54|
|COTTON NO 2 CON1||USC||0.01||-0.04||-80.00%||07/14 00:00|
|LIVE HOGS CON1 Aug17||USC||81.12||+0.75||+0.93%||07/25 11:52|
|LIVE CATTLE CON1 Aug17||USC||114.62||+0.75||+0.66%||07/25 11:53|
|1 Month Libor||--|
|3 Month Libor||1.32|