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Tag Archives: Commodity

Commodity

Commodity News

Oil retreats from $70 highs but set for fourth week of gains Oil prices fell on Friday after hitting a three-year high of more than $70 a barrel the previous day, but they were still on track to post a …

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Commodity

Commodity News

Oil retreats on US output rise after hitting near 2-year high Oil prices fell on Friday, dropping from highs last seen in 2015, as soaring US production undermined a 10 percent rally from December lows that was driven by tightening …

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Commodity

Commodity News

Oil prices hit highest since mid-2015 US oil prices hit their highest since mid-2015 on the final trading day of the year as an unexpected fall in American output and a fall in commercial crude inventories stoked buying. In international …

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Commodity

Commodity News

World oil prices dip on soaring us production Oil prices dipped on Thursday as soaring US output, fast approaching 10 million barrels per day (bpd), outweighed a drop in American crude inventories. US West Texas Intermediate (WTI) crude futures were …

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Commodity

Commodity News

World oil prices soar Oil prices rose on Thursday as a pipeline outage in Britain continued to support prices despite forecasts showing global crude surplus in the beginning of next year. US West Texas Intermediate futures settled up 44 cents, …

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Commodity

Commodity News

US crude exports reached 1.73m bpd in Oct US crude oil exports reached 1.73 million barrels per day in October compared with 1.47 million bpd in September, foreign trade data from the US Census Bureau showed this week. Exports reached …

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Commodity

Commodity News

OIL SLIPS ON OPEC DEAL UNCERTAINTY, RISING US FUEL INVENTORIES Oil prices slipped to session lows on Wednesday in a volatile session buffeted by conflicting statements from oil ministers a day ahead of OPEC’s meeting in Vienna, as members debate …

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Commodity

Commodity News

GOLD, SILVER MARGINALLY DOWN Gold and silver were trading marginally lower in deals on Thursday on account of subdued demand of precious metals from jewellers, industries and retailers. MCX Gold futures were down 0.10 per cent, or Rs 30, at …

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Commodity

Commodity News

OIL MARKETS SPRING BACK AS OPEC, RUSSIA SUPPORT Oil prices held steady on Thursday after falling late in the previous session, supported by ongoing supply cuts led by OPEC and Russia. Brent futures were at $63.66 per barrel at 0246 …

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