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Page 4

Category: Commodities

Gold Up, Fed Policy Decision Looms and Eastern European Tensions Remain
Commodities Economics Latest News Top stories

Gold Up, Fed Policy Decision Looms and Eastern European Tensions Remain

Gold was up on Monday morning in Asia but remained little changed. Investors continue bracing for the U.S. Federal Reserve’s latest policy decision, while concerns over inflation and geopolitical tensions in…

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Crude Oil Lower; Supply Disruptions Start to Ease
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Crude Oil Lower; Supply Disruptions Start to Ease

Oil prices weakened Monday as supply problems dissipated and concerns about the rapid rise of Omicron cases in China, the second largest economy in the world, came to the fore.…

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U.S. Crude Inventories Fell By 4.6 Million Barrels Last Week: EIA
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U.S. Crude Inventories Fell By 4.6 Million Barrels Last Week: EIA

U.S. oil stockpiles fell more than expected in the latest week, the Energy Information Administration said on Wednesday. Crude inventories declined by 4.584 million barrels last week, compared with analyst…

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UK's Drax to double sustainable biomass production capacity by 2030
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UK's Drax to double sustainable biomass production capacity by 2030

(Reuters) -British power generator Drax aims to double its sustainable biomass production capacity by 2030, to capitalise on increasing demand from Europe and Asia as countries transition away from coal.The…

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