HOUSTON Venezuela was unable to pay its biggest oilfield suppliers in cash in the second quarter, and top service companies Halliburton and Schlumberger accepted promissory notes that they immediately wrote down by hundreds of millions of dollars, their second-quarter reports showed.
LONDON The London Metal Exchange (LME) will start publishing gold and silver reference prices, the exchange told Reuters on Tuesday, potentially challenging the dominance of benchmarks administered by Intercontinental Exchange (ICE).
LAUNCESTON, Australia Saudi Arabia wants to do more to boost crude oil prices by taking a razor to its exports, but the kingdom is already doing much of the heavy lifting in Asia, where it is surrendering market share in the world's top importing region.
NEW YORK Oil rose 3.3 percent on Tuesday to the highest close in more than a month, a day after U.S. oil producer Anadarko said it would cut capital spending plans and Saudi Arabia vowed to reduce crude exports to help curb global oversupply.
TORONTO Freeport-McMoRan Inc shares jumped to a 16-month high on Tuesday, as soaring metal prices and progress in a long-running, costly permit dispute with Indonesia buoyed the world's biggest publicly traded copper miner.
LOS ANGELES U.S. solar companies are snapping up cheap imported solar panels ahead of a trade decision by the Trump administration that could drive up costs and cloud the fortunes of one of the economy's brightest stars. | Video
BRASILIA Brazil's foreign trade chamber, Camex, has put off for 30 days a decision on whether to impose a tariff on ethanol to curb a surge in imports from the United States, a senior government official who attended the meeting told Reuters on Tuesday.
LONDON/SINGAPORE Coal prices' march to eight-month highs, driven by China's huge appetite for power consumption, looks like an interlude in a longer-term decline and is seen losing traction later this year.
HOUSTON Indonesia is open to rejoining the Organization of the Petroleum Exporting Countries as long as it is not forced to curb its own crude oil production, the nation's energy and mineral resources minister said on Tuesday.
A final decision on a steel trade policy may have to wait until other top-priority issues on his agenda get addressed, U.S. President Donald Trump told the Wall Street Journal in an interview on Tuesday.
|Commodity||Currency||Last Trade||Price Change||% Price Change||Trade Time|
|LIGHT CRUDE CON1 Aug17||USD||48.36||+0.47||+0.98%||07/24 20:33|
|NO 2 HT OIL CON1 Jul17||USD||1.57||+0.01||+0.34%||07/24 20:01|
|NATURAL GAS CON1 Jul17||USD||2.95||+0.00||+0.14%||07/24 20:24|
|100 OZ GOLD C2 Jul17||USD||1,251.70||+0.00||+0.00%||07/25 12:49|
|SILVER 5000 CON1 Jul17||USD||16.40||-0.10||-0.59%|
|HG COPPER CON1 Jul17||USD||2.84||+0.00||+0.00%||07/25 16:13|
|CORN CON1 Sep17||USC||368.50||-0.25||-0.07%||07/25 20:33|
|WHEAT CON1 Sep17||USC||475.25||+1.25||+0.26%||07/25 20:33|
|SOYBEANS CON1 Aug17||USC||981.50||+0.00||+0.00%||07/25 20:33|
|SUGAR 11 CON1 Sep17||USC||13.90||+0.00||+0.00%||07/25 12:59|
|COFFEE C CON1 Sep17||USC||130.60||+0.00||+0.00%||07/25 13:29|
|COCOA CON1 Sep17||USD||1,926.00||+0.00||+0.00%||07/25 13:29|
|FROZEN OJ CON1 Aug17||USC||0.00||+0.00||+0.00%||07/25 13:27|
|COTTON NO 2 CON1 Sep17||USC||0.00||+0.00||+0.00%|
|LIVE HOGS CON1 Aug17||USC||81.45||+0.00||+0.00%||07/25 14:04|
|LIVE CATTLE CON1 Aug17||USC||113.18||+0.00||+0.00%||07/25 17:30|
|1 Month Libor||--|
|3 Month Libor||1.32|