© Reuters Investing.com -- Oil prices traded higher Tuesday as the decision by a series of top producers to cut supply has boosted sentiment, overshadowing concerns over slowing manufacturing activity. By 04:50 ET (08:50 GMT), futures traded 1% higher at $70.47 a barrel, while the contract rose 0.9% to $75.31 a barrel.…

© Reuters. FILE PHOTO: A central processing unit (CPU) semiconductor chip is displayed among flags of China and U.S., in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo (Reuters) - China said on Monday it will impose export restrictions on some gallium and germanium products from Aug. 1 to protect national security interests.…

© Reuters. Investing.com -- Oil prices moved in a tight range on Tuesday, steadying after a volatile session as markets weighed more supply cuts from Saudi Arabia and Russia against signs of worsening economic activity across the globe.  Saudi Arabia said it will extend its recently announced 1 million barrels per day (bpd) cuts…

© Reuters. FILE PHOTO: Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo BEIJING (Reuters) - China will control exports of some metals widely used in the semiconductor industry, its commerce ministry announced on Monday, the latest salvo…

© Reuters. Investing.com -- Gold prices steadied further above key support levels on Tuesday, but the yellow metal still remained under pressure as markets awaited more cues on monetary policy from the Federal Reserve this week. Bullion prices saw some relief over the past two sessions, after the Fed’s read lower than expected…

© Reuters. FILE PHOTO: An aerial view shows Shibushi National Petroleum Stockpiling Base in Kagoshima prefecture, Japan January 18, 2019, in this photo taken by Kyodo. Picture taken on January 18, 2019. Mandatory credit Kyodo/via REUTERS/File Photo By Natalie Grover LONDON (Reuters) -Oil prices rose on Tuesday as markets weighed supply cuts for August…

© Reuters. Investing.com -- After the best monthly return in a year, natural gas began July trading with a dip on Monday as producers concluded on-site maintenance, resulting in higher output. Some of the heat that had pervaded the south of the United States also let up, reducing gas-driven demand for cooling. Most-active …

© Reuters. FILE PHOTO: Ukraine's President Volodymyr Zelenskiy and German Chancellor Olaf Scholz shake hands during a meeting of the European Political Community at Mimi Castle in Bulboaca, Moldova June 1, 2023. Ukrainian Presidential Press Service/Handout via REUTE BERLIN (Reuters) - Ukraine's President Volodymyr Zelenskiy and German Chancellor Olaf Scholz called on Monday for the…

© Reuters. Investing.com - Right on cue, the Saudis came out to say their million-barrel cut for July will be extended to August and possibly September — maybe even infinitely. The Russians talked up their cuts too. But the announcements coincided with particularly bad global factory activity, sending crude prices lower. New York-traded West…

© Bloomberg. An OPEC sign hangs outside the OPEC Secretariat ahead of the the 174th Organization Of Petroleum Exporting Countries (OPEC) meeting in Vienna, Austria, on Thursday, June 21, 2018. The odds of OPEC reaching an oil-production deal increased as Iran edged away from a threat to veto any agreement that would raise output and…