Page 3 - Commodities Strategy News Today

U.S. Treasury Secretary Janet Yellen has said that the G7 price cap significantly reduced Russia’s revenues from oil sales.

The U.S.-led price cap on Russian oil exports has “significantly” cut revenues from oil sales for Russia, U.S. Treasury Secretary Janet Yellen said on Wednesday. The G7 price cap on Russian oil has “significantly reduced Russian revenue over the ...

War premium returned to the oil market on Monday after the weekend attack by Hamas on Israel, which upended—again—the geopolitical landscape in the world’s most important oil-exporting region

War premium returned to the oil market on Monday after the weekend attack by Hamas on Israel, which upended—again—the geopolitical landscape in the world’s most important oil-exporting region, the Middle East, and buried hopes of an imminent Saudi-Israel ...

OPEC+ is not expected to alter its current oil production policy when the JMMC meets on Wednesday.

Saudi Arabia may start winding its production cuts sooner than originally expected in order to avoid high oil prices triggering demand destruction.

Russia’s temporary ban on diesel and gasoline exports comes just ahead of the meteorological winter in Europe and may further tighten global diesel markets

Shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX – Get Free Report) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $9.38 and traded as low as $9.37. Blackrock Resources & Commodities Strategy Trust shares last traded at $9.37, with a volume of 214,379 […]

Top executives from the world’s largest commodity trading houses and major energy firms are joining analysts at the biggest Asian industry event this