Commodities

Chevron commits $10 billion to low-carbon projects

Energy giant Chevron unveiled plans Tuesday to invest $10 billion toward low-carbon business initiatives through 2028 amid mounting pressure on producers to adopt climate-friendly practices.

Oil rises but on track for 5% weekly drop amid Delta woes

Oil prices rose on Friday, pulling up from three-month lows, but they were still on track for a weekly loss of over 5% as new lockdowns in countries facing surging cases of the Delta variant dampened the outlook for fuel demand.

Oil prices tank to 3-month low

Oil prices fell to a three-month low Thursday as investors fretted over the resurgence of COVID-19 and the summer driving season nearing an end.

CME denies CBOE merger report

Derivatives exchange giant CME Group has forcefully denied a report that it is in talks to acquire smaller Cboe Global Markets.

Palantir buys $50M in gold bars

Palantir Technologies Inc. is investing in gold at a time when more U.S. companies are focusing their efforts on cryptocurrencies.