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COMMODITIES

Gas Booming For UN COP29 Host Azerbaijan

The former Soviet republic of 10 million people brimming with hydrocarbons
Following the UN's COP28 climate talks in oil-fuelled Dubai, the COP29 conference is headed for the historic cradle of oil, Azerbaijan, which is in the midst of a gas boom.
From rising fuel costs to anger over green regulations, the farmers' list of grievances is long

EU Under Pressure To Defuse Farmers' Anger

EU agriculture ministers will discuss on Tuesday how to resolve European farmers' growing discontent as Brussels scrambles to address the issue ahead of elections this year.
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Turkish President Recep Tayyip Erdogan last met Russia's Vladimir Putin in October

Erdogan to push Putin on grain deal in Russia

Turkey said Monday that President Recep Tayyip Erdogan will "soon" visit Russia for talks with Vladimir Putin on reviving a Black Sea grain deal that could be used as a springboard for broader Ukraine peace negotiations.
Rice output is set to grow this year but moves by India to limit export could send world prices even higher

Record grain harvest eyed as market under pressure

The world is heading for a record grain harvest in the 2023-2024 season thanks to gains for maize and rice, but the market remains under pressure thanks to El Nino and risks due to the war in Ukraine.
Oil drilling in West Texas’s Permian Basin

Goldman Sachs expects commodities supercycle

Goldman Sachs expects a commodities supercycle driven by China and the capital flight from energy markets and investment this month after concerns triggered by the banking sector, the U.S.