Commodities

Oil prices are not the only commodity climbing. Natural gas prices are surging and supplies are dwindling a lethal combo for that winter heating bill.

The U.S. Coast Guard said Saturday that cleanup crews are responding to a sizable oil spill in the Gulf of Mexico following Hurricane Ida.

U.S. Energy Secretary Jennifer Granholm on Thursday authorized the country's emergency oil reserve to loan 1.5 million barrels of crude to an Exxon Mobil refinery in Louisiana to relieve fuel disruptions in Hurricane Ida's wake.

Ahead of OPEC's meeting, Kuwait is stirring the pot throwing into doubt promised production increases.

Gasoline prices rose slightly Monday after Hurricane Ida shuttered refineries along the U.S. Gulf Coast.

Tropical Storm Ida could be a 'worst-case scenario' for Louisiana, Gulf Coast.

Economic implications of the Taliban takeover of Afghanistan are in focus as the country is home to a crucial, untapped treasure-trove of minerals and metals, including the important global commodity lithium, which is in high demand amid a chip shortage.

Markets are acting like the global economy is headed for a slowdown, according to Bank of America.

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

Afghanistan, while a poor nation, is sitting on trillions in natural resources, and China and Iran want a piece of the pie.

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

America’s biggest home-improvement chains say the lumber market is returning to normal after a period of extreme and record volatility.

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

Twelve energy industry trade groups have filed a lawsuit in Louisiana challenging the Biden administration’s pause on oil and natural gas leasing for drilling federal lands and waters.

The Biden administration on Monday challenged a federal judge’s decision in June to block the Interior Department’s pause on oil and gas leasing on public lands and waters - a critical piece of its climate change policy - but will proceed with leasing during the appeals process.

Gasoline prices in the U.S. hold near seven-year highs as the summer driving season nears an end.

Oil prices fell for a second day on Friday after the International Energy Agency warned that demand growth for crude and its products had slowed sharply as surging COVID-19 cases worldwide forced governments to revive movement restrictions.

Two former Bank of America Corp. traders were convicted Wednesday of rigging precious-metals prices by using an aggressive tactic known as spoofing, the latest win for prosecutors in a yearslong effort to crack down on the practice.

The Nord Stream 2 natural gas pipeline is a global political football carrying big risks for the United States.