Nasdaq Commodities

Brazil's state-run oil company Petrobras' 2024-2028 strategic plan seeks to "revitalize" the firm and start the process of energy transition, CEO Jean Paul Prates said.

Nations at U.N.-led talks agreed on Friday an interim 2030 goal for reducing emissions from international aviation through the use of sustainable aviation fuel, but China, Russia and some others voiced reservations about the impact on their economies.

FXEmpire.com - Natural Gas Price Forecast Video for 27.11.23

Global aviation officials on Friday sought to agree an interim target for cutting carbon emissions from the airline industry though the use of alternative jet fuels, as they gathered in Dubai ahead of the COP28 climate summit.

Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services' Energy Team.

A trade dispute settlement panel set up under a major North American free trade agreement has rejected a U.S. complaint that Canada is improperly limiting access to its dairy market, an official report showed on Friday.

The conflict between Swedish unions and Tesla heated up on Friday as a supplier of critical components joined in a sympathy action to get the electric car maker to sign a collective bargaining agreement for its Swedish workers.

French winter grain sowings came to a near standstill and crop ratings fell in France last week, data from farm office FranceAgriMer showed on Friday, after prolonged rainfall in the European Union's biggest grain grower.

FXEmpire.com -

South Korea's Feed Leaders Committee (FLC) purchased around 52,000 metric tons of animal feed corn in a private deal this week without issuing an international tender, European traders said on Friday.

FXEmpire.com -

Turkish Airlines said on Friday its budget carrier AnadoluJet will begin operating next year under the name of AJet and compete in the global low-cost aviation industry.

The White House is stalling action on requests by Farm Belt states to allow regional sales of gasoline blended with higher volumes of ethanol after oil industry warnings that the move could cause regional supply disruptions and price spikes, according to two sources familiar with the matter.

Copper prices in London were on track for a second consecutive weekly gain on Friday, helped by efforts to support the property market in top metals consumer China, a weaker dollar and improved risk appetite in financial markets.

Copper prices in London were steady on Friday, heading for a second consecutive weekly gain, as China's efforts to boost its economy and property sector sparked demand optimism in the world's top metal consumer.

Dry weather in the growing season has reduced Australia's wheat output this year, but most of the crop is with higher protein content and supplies of lower quality grains for animal feed are limited, analysts and traders said.

Malaysian palm oil futures dropped for a second session on Friday, heading to a first weekly drop in three weeks, weighed down by weakness in Dalian vegetable oils.

Copper prices in London held steady on Friday, on track for a second consecutive weekly gain, with demand optimism from the world's top consumer China and supply disruptions.

Sri Lanka's central bank lowered interest rates on Friday in an unexpected move to boost growth but signalled a pause in easing for the time being, while projecting inflation would remain subdued over the medium term.

Prices of parboiled rice exported from top hub India extended their rally this week as buyers preferred cheaper Indian variety as rates in other major hubs advanced higher, with Vietnamese traders worrying about low crop supplies.