Sunday, September 14, 2025
U.S. commodities regulator warns of more volatility, possible negative prices- oil and gas 360

U.S. commodities regulator warns of more volatility, possible negative prices

Reuters The top U.S. commodities markets regulator warned exchanges and brokerages on Thursday that they should be prepared for volatility and possible negative pricing for certain contracts, nearly one month after U.S. oil futures plunged into negative territory for the first time in history. Last month, the expiring U.S. West Texas Intermediate (WTI) futures contract slumped to a minus $37.63

Hit by coronavirus and Trump, Iran's oil exports dwindle to record low-oil and gas 360

Hit by coronavirus and Trump, Iran’s oil exports dwindle to record low

Reuters LONDON  – Iran’s oil exports have sunk to a record low as the coronavirus crisis compounds the impact of U.S. sanctions already limiting shipments, underlining the diminishing oil clout of what was OPEC’s second-largest producer. Exports averaged 70,000 barrels per day in April, down from 287,000 bpd in March according to Kpler, which tracks the flows. The difficulty assessing