Heating oil prices jump 59% from a year ago, straining Maine households
Heating oil costs roughly $5.91 a gallon nationally, up 59% from a year earlier, according to the U.S. Energy Information…
Metals & Energy News
Latest news on metals and energy commodities — copper, platinum, palladium and other commodity markets beyond gold, silver and oil.
Tin backwardation widens on LME as exchange stocks fall 60% since June
Spot tin on the London Metal Exchange trades at a premium to the three-month contract, the widest spread since the…
CFTC Plans Overhaul of US Aluminum Pricing as Midwest Premium Hits Record
The Commodity Futures Trading Commission plans to reform US aluminum pricing and is examining whether new contracts could improve transparency….
US companies shun Russian diesel as first cargo idles off East Coast
US companies are unlikely to import Russian diesel, experts told Reuters, even though President Donald Trump temporarily waived some sanctions…
Africa Energy Bank Launches in Abuja to Fund Oil and Gas Projects Western Lenders Dropped
Afreximbank and the African Petroleum Producers' Organization have established the Africa Energy Bank to finance oil and gas projects that…
