Section
The latest commodities coverage from the TrustFinance editorial desk.
Gasoline refining margins in Northwest Europe climbed to $40.04 a barrel, supported by robust market demand despite rising inventory levels in both the ARA hub and the United States.
A social media post by former President Donald Trump suggesting a revival of the Keystone XL pipeline has renewed focus on the canceled project and a new, related proposal amid ongoing U.S.-Canada trade negotiations.
Raw sugar prices retreated from a one-year high after India, the world's second-largest producer, moved to allow duty-free imports to combat rising domestic prices. The decision adds a new dynamic to a market already contending with global supply constraints.
Top trade officials from the U.S. and Canada are holding last-minute talks in Washington to avert a 50% tariff on $20 billion of Canadian goods set to take effect on Saturday.
A global bond market selloff pushed the 30-year U.S. Treasury yield to its highest level since 2007, as investors grapple with uncertainty over Federal Reserve policy and mounting U.S. fiscal pressures.
President Donald Trump said the U.S. will allow up to 300,000 metric tons of ground beef imports outside of existing tariff quotas for 90 days in an effort to lower consumer prices.
Stablecoin issuer Tether has reportedly abandoned its ambitious bitcoin mining operations in Uruguay after an estimated $120 million investment unraveled due to a critical disagreement over electricity supply with the state utility.
Benchmark European natural gas futures surged to their highest level since March, driven by persistent shipping disruptions in the Strait of Hormuz and below-average storage levels ahead of winter.
A top Iranian official stated Tehran must develop plans to overcome new U.S. economic sanctions, which Washington has described as the toughest ever imposed on the country.
