Result Page 9 for Latest Commodities News & Archive

Commodities round-up: Oil prices rebound as Opec commits to cut production

Gold declines over 1% after FBI finds no criminal evidence in Hillary Clinton's emails ahead of US elections.

Asian markets gain after FBI says Hillary Clinton did not commit any criminal wrongdoing

Clinton in the clear: FBI says no charges to be brought over latest emails

Analysts have been cited as saying that investors see the FBI decision as a positive sign for markets.

Commodities round-up: WTI crude stays below $45 as oil glut-driven bearish sentiment rises

Oil Futures Drop to New Lows on Global Growth and Oil Glut Concerns

Oil futures remain in negative territory as oversupply sentiment weighs on trading.

Saudi Oil Minister Ali al-Naimi says crude demand is growing

Former Saudi oil minister saw 'zero' cooperation between Opec and non-Opec producers

Chances of Opec and non-Opec coordinated cuts are slim based on past form, says industry veteran.

More news

Commodities round-up: City fears oil could fall to $40 as market rout enters third day

Splits at Opec escalates oil market crisis as Brent, WTI futures register massive intraday declines.

Gaurav Sharma Nov 02, 2016

petro-industrial complex in Kawasaki near Tokyo

Commodities: WTI plunges below $47 as oil market rout continues on Opec jitters

Concerns over Opec ability to lower crude production weighed on oil prices, while gold rose as dollar weakened.

Gaurav Sharma Nov 01, 2016

Asian markets mixed following strong China factory growth

China's official and private Caixin manufacturing PMI came in at 51.2 in October, indicating expansion.

Kedar Grandhi Nov 01, 2016

Commodities Round-up: Oil slump escalates as futures plunge over 3% on Opec splits

Oil futures took a hammering following reports of splits within Opec ranks.

Gaurav Sharma Oct 31, 2016

Asian markets mixed as FBI set to review more emails related to Hillary Clinton

Analysts say if Donald Trump wins the US election, it could lead to a decline in stock markets.

Kedar Grandhi Oct 31, 2016

GE could announce a $30bn merger deal with Baker Hughes as early as Monday – report

GE Oil & Gas could announce $30bn merger deal with Baker Hughes on 31 October

Both companies are hosting an investor webcast at 8.30am ET, most likely to announce the deal.

Kedar Grandhi Oct 31, 2016

Commodities round-up: Brent slumps below $50 as oil market loses faith in Opec cut

Brent, WTI slumped below $50 as traders showed increasing signs of losing faith in Opec promised of a crude production cut.

Gaurav Sharma Oct 28, 2016

Asian markets mixed following better-than-expected post-Brexit UK GDP data

The UK economy grew by 0.5% over the third quarter of 2016, in the three months after the EU referendum.

Kedar Grandhi Oct 28, 2016

Commodities Round-up: Oil futures reverse intraday declines on Opec chatter

Brent, WTI rally after report suggests Opec members may be willing to cut individual production by as much as 4%.

Gaurav Sharma Oct 27, 2016

Most Asian markets slide following weak China economic data

Official data showed that China's industrial profits slowed in September.

Kedar Grandhi Oct 27, 2016

Commodities round-up: Oil slump enters third day after rising doubts over Opec proposals

Brent, WTI futures extend declines on Iraq's demand for exemption from Opec's proposed production ceiling.

Gaurav Sharma Oct 26, 2016

Asian markets decline amid reduced chances of a rate cut by the Reserve Bank of Australia

Asian markets decline amid reduced chances of rate cut by Reserve Bank of Australia

Australia's third quarter consumer price index beat expectations by increasing 0.7% on-quarter.

Kedar Grandhi Oct 26, 2016

Asian markets mixed as South Korea reports weak GDP data

According to official data, South Korea's GDP for the third quarter grew by just 2.7% on-year.

Kedar Grandhi Oct 25, 2016

Commodities round-up: Oil futures plunge on Iraqi demand for exemption from Opec's output cut

Brent, WTI futures slide on reports Iraq is demanding exemption from proposed production ceiling on financial grounds.

Gaurav Sharma Oct 24, 2016

Most Asian stock markets rise amid better-than-expected export numbers in Japan

Japanese exports fell 6.9% in September, better than a Reuters forecast of a 10.4% decline.

Kedar Grandhi Oct 24, 2016

Commodities round-up: Oil struggles to overshoot $50 mark as traders weigh Opec output quandary

Brent, WTI fail to extend recent gains while precious metal benchmarks head sideways after overnight declines.

Gaurav Sharma Oct 21, 2016

Most Asian markets slip as the US dollar climbs to seven-month high amid Fed rate hike fears

A few analysts opined that the US currency would continue to gain until December.

Kedar Grandhi Oct 21, 2016

Oil Crisis: Royal Dutch Shell to sell 51% stake in its Malaysian refining business for $66.3m

Shell agrees to sell non-core assets in Western Canada to Tourmaline Oil for $1bn

The deal is expected to close in the fourth quarter of 2016.

Kedar Grandhi Oct 21, 2016

Commodities round-up: Silver futures clobbered by speculative calls and lower industrial demand

Silver led precious metals lower after the ECB decided to hold interest rates, but hinted at further stimulus action in December.

Gaurav Sharma Oct 20, 2016

Most Asian markets gain after the final US presidential debate ends in Clinton's favour

Asian markets also got a boost from strong US earnings and oil prices touching near 15-month high overnight.

Kedar Grandhi Oct 20, 2016

Commodities round-up: Oil futures spike to 15-month high on US inventory data

Greater than expected decline in US crude stockpiles for sixth successive week sparks oil futures market frenzy.

Gaurav Sharma Oct 19, 2016

Asian markets mixed as China reports encouraging Q3 GDP data

The GDP data reduces investor concerns over growth in the world's second largest economy.

Kedar Grandhi Oct 19, 2016

BHP Billiton upbeat on commodities outlook

Mining giant says oversupply in the raw materials market may be easing.

Karthick Arvinth Oct 19, 2016

Global Oil Futures Log Strong Gains After US Data Fuels Expetations of Higher Oil Demand

Commodities round-up: Oil futures maintain levels as Saudi crude production slides

Oil price registers modest movement as Saudi data points to lower crude production.

Gaurav Sharma Oct 18, 2016

US Fed Reserve Officials Point to Mid-2015 as Likely Date for a Rate-Hike

Asian stock markets rise amid belief that US Fed would go slow on increasing interest rates

Fed vice chairman Stanley Fischer had said that a few economic factors were delaying the jump in interest rates.

Kedar Grandhi Oct 18, 2016

Commodities round-up: Oil futures slump despite rising bets on production cuts

Crude futures saw volatile session despite data suggesting short calls on WTI had fallen 53% in recent weeks.

Gaurav Sharma Oct 17, 2016

Asian markets mixed as Reuters Tankan survey show confidence of Japanese manufacturers at a six-month high

Asian markets mixed as Reuters Tankan survey shows Japanese manufacturers' confidence at six-month high

This confidence is, however, expected to drop to zero over the next three months.

Kedar Grandhi Oct 17, 2016

Commodities round-up: Divergent supply and inventory data tugs send oil futures sideways

Oil benchmarks saw another volatile session after data pointing to supply drops neutralised crude inventories build-up stateside.

Gaurav Sharma Oct 14, 2016

Most Asian markets gain amid better-than-expected Chinese inflation data

China's supplier and consumer prices both increased year-on-year in September.

Kedar Grandhi Oct 14, 2016

Commodities round-up: Fears over rising oil supplies drag WTI futures back below $50

Oil benchmarks slide on oversupply sentiment, while precious metals struggle against a stronger dollar.

Gaurav Sharma Oct 13, 2016

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