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Tag Archives: Commodity

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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Commodity

Commodity News

Oil slides towards weekly loss on excess supply worries Oil prices fell for a sixth day on Friday, and were on track for their biggest weekly losses in 10 months, as record-high US crude output added to concerns about a …

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Commodity

Commodity News

Oil set for strongest January since 2013; wary of data Oil prices fell for a third day on Wednesday ahead of the possible first rise in US inventories in 11 weeks, but crude remained on track for its biggest gain …

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Commodity

Commodity News

Gold, silver prices pop on big US dollar drop Gold and silver prices are solidly higher in early US trading on Wednesday. Gold prices have scored a 4.5-month high. A sharply lower US dollar index that slumped to a 3.5-year …

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