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Tag Archives: Commodity

Commodity

Commodity News

World oil prices stay lower Oil prices fell on Friday, but Brent crude was on track for a sixth straight week of gains, boosted by plummeting Venezuelan production, strong global demand and looming U.S. sanctions on Iran. Brent futures LCOc1 …

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Commodity

Commodity News

Oil near multi-year highs Oil prices steadied near 3-1/2 year highs on Friday as the prospect of new US sanctions on Iran tightened the outlook for Middle East supply at a time when global crude production is only just keeping …

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Commodity

Commodity News

World oil hits highest since November 2014 Oil prices rose about 2 percent on Friday, with US crude hitting its highest in more than three years, as global supplies remained tight and the market awaited news from Washington on possible …

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Commodity

Commodity News

Global steel output soars 4pc in March Global crude steel production rose four percent in March as mills in top producer China ramped up output after winter restrictions were lifted and as US producers took advantage of import tariffs to …

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Food inflation in Pakistan likely to grow

Food inflation in Pakistan likely to grow

Economists revealed that food inflation disturbs everyone especially the poor because they spend higher proportion of their income on food commodities comparatively rich people, mainly in Pakistan. Global food inflation caused food inflation in our country. However, food inflation diffusion …

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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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