Weaker demand fundamentals have dampened upside momentum for crude oil. Declining volatility and narrower intra-day trading ranges point at slowing bullish momentum for crude. Standard Chartered: lockdowns in China will Continue Reading
Corn and soybeans prices have risen nearly to records, signaling higher food inflation to come. Global food prices had already reached records when Russia invaded Ukraine in late February and Continue Reading
Vapor rises from the site of the blast furnace at the Evraz Plc Consolidated West-Siberian Metallurgical Plant in Novokuznetsk, Russia. Source: Bloomberg Bloomberg News Russia’s invasion of Ukraine and the Continue Reading
The historically severe drought in Southern California has compelled one of its water suppliers to implement “emergency” conservation measures for the first time that will affect about 6 million people. The Continue Reading
Meteorologists are monitoring the potential for a “triple-dip La Niña,” an unusual resurgence of cooler-than-normal sea surface temperatures in the eastern tropical Pacific. While such a phenomenon might seem remote, Continue Reading
Iraq is taking advantage of high global oil prices and its increasing OPEC-plus quota by ramping up production from three oil fields in Dhi Qar province. Output from the Gharraf Continue Reading
Food prices are expected to rise an annual 49% through December. Sign up for our Middle East newsletter and follow us @middleeast for news on the region. The Turkish central Continue Reading
Summer began early this year in India Millions of Indians are experiencing a brutal heatwave that is throwing lives and livelihoods out of gear – and there is no relief Continue Reading
Utility stockpiles sufficient for seven days Rangebound freight may be aiding trades: trader Buyers benefit from elevated spot market tariff Indian thermal coal buyers have started to pay very high Continue Reading
The liquefied natural gas terminal at the Yangshan Deepwater Port in Shanghai, China. Bloomberg News Strict measures to halt the spread of Covid have slowed the growth of commercial natural Continue Reading
