Commodities News

When you think of giant oil fields you probably conjure up an image of vast areas of land or sea suitable for digging. However, Los Angeles demonstrates that oil extraction can...

TORONTO – Buccaneer Gold Corp. (CSE: BUCK) began trading today on the Canadian Securities Exchange under the stock symbol “BUCK”. Mr. Richard Smith, President and CEO, stated: “We...

The number of drilled but uncompleted wells (DUCs) that accumulated at the height of the pandemic has already subsided to pre-Covid-19 levels in the US, a Rystad Energy analysis...

Oil futures finished higher on Monday, buoyed by signs of an upcoming decline in global supplies. Fears that demand for energy "will slip because of extra and tougher [COVID-19]...

Gold futures declined on Monday to tally a third straight session loss. "The risk-off tone from equity and bond markets helped to support the dollar," causing buck-denominated gold...

Saudi Arabia is working to replace the use of petroleum liquids for power generation with solar energy and gas-fired capacity, Argaam reported on Monday, citing Saudi Arabia’s...

Barclays expects the U.S. oil benchmark, WTI Crude, to average $52 per barrel in 2021, raising its outlook by $2 a barrel due to a weaker U.S. dollar and expected higher demand for...

The Petroleum Facilities Guard has shut down the Hariga oil port in eastern Libya after the National Oil Corporation delayed the payment of salaries for its members, the Libya...

Gold futures move lower on Monday, giving up earlier gains as government bond yields pulled back and the U.S. dollar strengthened, ahead of a Federal Reserve meeting on monetary...

As part of its ambition to reduce oil and gas production and raise investments in clean energy, BP has been cutting staffing levels at its oil and gas exploration division since...

President Joe Biden’s decision to impose a 60-day moratorium on oil and gas permitting on federal lands has government officials in New Mexico scared and confused that it may be a...

Iraq will pump less oil this month and next to make up for excess production last year, the deputy chief of SOMO, the oil marketing company of Baghdad. For both January and...

Fury Gold CEO Mike Timmins said the company is "very pleased" to have hit gold mineralization in its first "significant step-out as it provides an exciting indication that we could...

Oil futures trade higher Monday, lifted by supply concerns as Iraq reportedly planned to cut production and Libya saw disruptions to crude exports due to a pay dispute.

Confirmation of high-grade copper across wide intercepts is particularly exciting at a time when the price of the metal is poised to break out

US Crude Inventories sparks profit-taking Official crude inventories rose by more than expected on Friday, mirroring the rise in API inventories two days earlier. That was enough...

Crude oil prices are currently trading at the overbought position and are susceptible to profit-taking after the recent macros show that the death toll from the COVID-19 onslaught...

The green energy revolution is well and truly underway. Renewables have proven to be highly resilient, emerging as the only energy sector to record any kind of growth at a time...

Oil stocks tumbled following yesterday's one-two punch of Biden energy news, when first we learned that the Interior Department enacted a 60-day moratorium on issuing oil and gas...