Lambert Commodities News Today : Breaking News, Live Updates & Top Stories | Vimarsana

It is an awkward, but unavoidable truth: the war in Ukraine brings an uncomfortable windfall for traders.

Investors selling off Russia-focused metals and mining entities following the country’s invasion of Ukraine have sharply lowered valuations, while companies with fewer direct ties to Russia have started evaluating their own investments. Companies have been left to make their own decisions on Russian investments. Global governments, while willing to restrict Russia’s financial operations, have avoided ...

The US, European Union and UK are seeking to halt imports of Russian oil and gas, with financiers and traders urged to seek out new sourcing markets while upping support for renewables.  US President Joe Biden has announced a total ban on oil, liquified natural gas (LNG) and coal imports from Russia, while the European ...

Banks across the world are reviewing all trade and commodities transactions involving Russia as the nation’s economy becomes a “massive moving target” in the crosshairs of sanctions enforcers in the US, Asia and Europe. Governments, including those of the US, UK, EU, Japan, Singapore, South Korea and Australia, have now imposed, or vowed to impose, ...

Soaring oil prices are not necessarily good news for large commodity trading houses hoping to replicate last year’s record profits, experts believe.  The international Brent crude benchmark rose above US$88 a barrel this week, its highest level in more than seven years, prompting suggestions it could top US$100 in the coming weeks.  The price surge ...