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Tag Archives: Commodity

World Commodities

Commodity News

WORLD COMMODITIES TRADING World oil prices move up Oil futures edged up on Thursday as a drop in crude exports from OPEC’s de facto leader, Saudi Arabia, and a draw in U.S. drilling rigs and oil inventories supported prices. Brent …

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World Commodities

Commodity News

COMMODITIES TRADING Oil prices surge amid tightening crude market Oil prices rose 1 percent on Friday as involuntary supply cuts from Venezuela and Iran plus conflict in Libya supported perceptions of a tightening crude market, while upbeat Chinese economic data …

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World Commodities

Commodity News

World oil prices up 1.5pc on strong US data Oil prices gained 1.5 percent on Friday as strong US employment data tempered fears about weakening global crude oil demand, and on expectations that an escalating conflict in Libya could tighten …

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World Commodities

Commodity News

WORLD COMMODITIES TRADING Oil prices post biggest quarterly rise in a decade Oil prices rose about 1 percent on Friday, posting their biggest quarterly rise in a decade, as US sanctions against Iran and Venezuela as well as OPEC-led supply …

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World Commodities

Commodity News

WORLD COMMODITIES TRADING Oil prices near 2019 highs Oil prices on Friday hovered close to 2019 peaks reached the previous day, propped up by supply cuts led by producer club OPEC and by US sanctions against Iran and Venezuela. Brent …

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World Commodities

Commodity News

US oil eases on soaring production US crude futures eased slightly on Friday after hitting a 2019 high, as worries about the global economy and robust US production put a brake on prices. West Texas Intermediate (WTI) crude oil futures …

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World Commodities

Commodity News

World oil falls on weaker demand, slow economy Oil prices fell about 1 percent on Friday after disappointing US job growth revived concerns about a slowing global economy and weaker demand for oil. With surging US oil supply also unsettling …

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World Commodities

Commodity News

World oil prices settle 2pc lower Oil prices settled down about 2 percent on Friday, ending around 3 percent lower on the week as concerns over global demand growth after weak US manufacturing data overshadowed OPEC-led supply cuts and sanctions …

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World Commodities

Commodity News

World oil prices touch 2019 highs Oil prices touched their highest since mid-November on Friday and posted weekly gains for the second week in a row, boosted by hopes that US-China trade talks would soon produce a deal, although new …

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