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China faces a corn-supply shortfall that could put it at the mercy of imports, and this flies in the face of Beijing’s efforts to reduce reliance on external sources.
New York Mercantile Exchange oil futures and Brent crude on the Intercontinental Exchange posted tepid gains early Wednesday.
New York Mercantile Exchange oil futures and Brent crude traded on the Intercontinental Exchange edged lower early Friday.
New York Mercantile Exchange oil futures moved lower in late-morning trade Wednesday after the Energy information Administration reported a massive 11.5-million-barrel (bbl) build occurred in commercial stocks of gasoline and distillate fuels.
Oil futures nearest delivery on the New York Mercantile Exchange and Brent crude on the Intercontinental Exchange rallied in early trading Wednesday.