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Tag Archives: Commodity

Commodity

Commodity News

Trump rails against high oil prices, OPEC pushes back US President Donald Trump accused OPEC on Friday of “artificially” boosting oil prices, drawing rebukes from some of the world’s top energy exporters. “Looks like OPEC is at it again. With …

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Commodity

Commodity News

Oil rises, makes largest weekly gain since July Oil prices rose on Friday, making the largest weekly gain since July, supported by concerns about the possibility of Western military action in Syria and reports of dwindling global oil inventories. The …

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Commodity

Commodity News

Bahrain takes giant discovery of 80bn barrels of oil Bahrain announced on Wednesday the size of the oil reserves in the giant discovery that it had made, and figures dwarf the proved reserves that the island kingdom in the Persian …

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Commodity

Commodity News

World oil prices rise Oil prices rose on Thursday as the equities markets rallied and as market participants weighed a rise in US crude inventories and production against continued OPEC supply curbs. Prices for the more actively traded June Brent …

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Commodity

Commodity News

World oil prices surge after us picks new security advisor World oil prices surged Friday as the appointment of ultra-hawkish John Bolton as US national security advisor sparked fears over crude exports from key OPEC producer Iran. The market also …

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Commodity

Commodity News

LME copper may consolidate in $6,889-$6,959 range LME copper may consolidate in a narrow range of $6,889-$6,959 per tonne for one day before rising towards $7,015. The range is formed by the 23.6 percent and the 38.2 percent retracements of …

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Commodity

Commodity News

  Wheat, soy futures tick lower ahead of USDA report Chicago wheat, corn and soybean futures were lower on Wednesday as investors squared up their positions ahead of a monthly US Department of Agriculture report due on Thursday, traders said. …

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Commodity

Commodity News

Crude futures take first weekly fall in 3 weeks Oil prices rose on Friday as Wall Street stocks bounced off session lows, but benchmark crude futures posted their first weekly decline in three weeks on fears US plans to impose …

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Commodity

Commodity News

World oil prices over two-week high Oil prices rose on Friday to their highest in more than two weeks, supported by the shutdown of the El Feel oilfield in Libya and upbeat comments from Saudi Arabia that an OPEC-led effort …

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Commodity

Commodity News

Oil near one-week high Oil prices gained on Friday as the dollar slipped to a three-year low and global stocks headed for their biggest weekly gain in six years. US West Texas Intermediate crude for March delivery CLc1 was up …

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