Oil prices eased on Wednesday after government data showed U.S. crude oil stockpiles rose unexpectedly last week, prompting investor concerns of excess supplies. Brent crude futures settled 54 cents,

Gold price plummeted for the second day out of three on Wednesday, driven mainly by an improvement in risk appetite following positive trade news linked to the United States (US). This, along with a bearish technical chart pattern, pushed the yellow metal below the $3,200 figure for the first time since April 11.

Mitsubishi stopped building vehicles in the US in 2015, ultimately selling its production facility in Normal, Illinois, to Rivian. Company boss Takao Kato has acknowledged that “local production will be extremely important in the future,” and its alliance with Nissan and Renault could allow it to avoid opening up a new factory in North America.

President Donald Trump wants more oil drilling, but one Texas producer expects low prices to send output downward.

Top U.S. oilfield service firms have signaled a challenging period ahead as a recent slide in oil prices pushes producers to temper their drilling activity and rethink their budgets.

US crude oil supply growth is projected to slow and peak as early as this year, with lower oil prices impacting shale production profitability.

As egg prices rise, the Usual Progressive Suspects claim it is due to monopoly power by egg producers, calling for government intervention. However, the real

With warmer weather starting to boosting air conditioning use, LSEG forecast average gas demand in the Lower 48, including exports, will rise from 97.0 bcfd this week to 98.2 bcfd next week. The forecast for this week was higher than LSEG’s outlook on Friday.

U.S. egg prices fell in April for the first time in months but remain high as a dozen Grade A eggs are still running consumers $5.12 on average.