Commodities

Diesel used in trucks, in homes, and to fuel powerplants has skyrocketed in price as the Jones Act, the pandemic, and Russia's War in Ukraine all disrupt supply.

OPEC lowered its forecast for global oil demand growth this year by 100,000 barrels a day to 2.5 million barrels a day. It also lowered its 2023 demand growth forecast.

Diamond Standard hopes their product, a diamond coin and bar, and its use of ETFs and blockchain will help stabilize and democratize the diamond market.

Members of the OPEC+ group of oil producers will meet this week in Vienna to consider a production cut of 1 million barrels a day.

Exxon Mobil CEO Darren Woods is pushing back against Energy Secretary Jennifer Granholm's and the Biden Administration's misguided energy and trade policies.

Gas prices have now increased for five straight days, following a slow decline for nearly 100 days.

Prices for lithium intensifies a race between auto makers to lock up supplies as electric vehicle demand surges in the United States as well as China.

Russia's attack on German energy leads to a return of the use of coal. Coal creates more carbon emissions than natural gas causing environmental damage.

The Inflation Reduction Act recently signed by President Biden is expected to bolster platinum prices through clean vehicle tax credits and incentives for green hydrogen.

Inventories of oil, gas, and just about every petroleum-related supply are below where they should be for a healthy and sustainable U.S. economy.

The owner of Jaeger Lumber & Supply Co. in New Jersey, Bryan Jaeger, provided insight into trends he has been noticing as the price of lumber has dropped.

Valuable wheat stuck in Ukraine may soon be on a ship, according to a new timetable obtained exclusively by FOX Business.

The key events taking place on Thursday that could impact trading include shares of GameStop after the company announced a stocks split and the latest jobless figures.

The U.S. government held its first onshore oil and gas sales from public lands since President Biden took office, bringing in $22 million on the rights for 110 square miles.

Oil prices fell further on Thursday following a 3% drop in the previous session on concerns higher interest rates will slow the economy and put a dent in fuel demand.

The average price for a gallon of gasoline moved lower again on Monday remaining below the $5 threshold

The average price for a gallon of gasoline moved lower again on Sunday remaining below the $5 threshold

The price of a gallon of regular gasoline hit an historic milestone over the weekend and continues to move higher.

Saudi Arabia is reportedly prepared to increase oil production if Russia's output falls substantially under the new sanctions imposed by the European Union.

Hitting the road this Memorial Day weekend is expected to be expensive for the more than 39 million people who are expected to be on the move.