Global Food Costs at 2-Year Low But Grocery Bills Stay High
Global food costs fell to the lowest level in two years in May, reviving hopes that sticky inflation
2023-06-02 17:25
Palm Oil Production Seen Surging in Malaysia as Workers Return
Palm oil supply in Malaysia is set to soar as a labor crunch eases in the world’s second-biggest
2023-06-02 16:28
Oil Heads for Weekly Decline Ahead of OPEC+ Meeting on Supply
Oil headed for its biggest weekly loss in a month as persistent concerns over demand weigh on the
2023-06-02 09:46
Debt-Limit Deal Passes the House, Easing US Default Concerns
The House passed debt-limit legislation forged by President Joe Biden and Speaker Kevin McCarthy that would impose restraints
2023-06-01 17:49
Europe’s Unused Coal Heads to New Shores in Post-Crisis Glut
Traders are seeking buyers for piles of unused coal before it becomes worthless after the fuel was hoarded
2023-06-01 16:50
Pimco Says Gold Is Overvalued Now, But Has Long-Term Appeal
Gold still looks too expensive after recent declines, according to a Pimco managing director who says sticky inflation
2023-06-01 10:48
World’s Biggest Gold Producer to Invest $540 Million in Argentina Mine
Newmont Corp., the world’s biggest gold producer, plans to invest a total of $540 million to extend the
2023-06-01 10:18
Oil Drops for a Third Session on Signs of Higher US Inventories
Oil fell for a third day as industry data pointed to rising US crude stockpiles with demand concerns
2023-06-01 08:20
Singapore Sees Record Clampdown on Oil Ships as Dark Fleet Grows
Singapore’s detentions of oil and chemicals tankers have surged since early last year, highlighting growing concerns over the
2023-05-31 14:26
Macquarie Said to Weigh Sale of $2 Billion Korean Gas Firm
Macquarie Group Ltd. is considering selling South Korea’s DIG Airgas Co. at a valuation of more than $2
2023-05-31 14:19
World’s Top Coal Miner Hikes Prices as Wage Bill Surges
Coal India Ltd., the world’s biggest miner of the fuel, raised prices for the first time in five
2023-05-31 12:27
Oil Holds Deep Slump on Weak Demand Signals Ahead of OPEC+ Meet
Oil held its biggest decline in four weeks on signs of weaker demand and sufficient supply ahead of
2023-05-31 10:45