Commodity News

Gold Up on China-Europe, Fed Fears; Resists Stronger Dollar
Gold Up on China-Europe, Fed Fears; Resists Stronger Dollar
By Barani Krishnan The twin nightmare of a slowing Europe on top of China is helping gold bugs advance in their mission nor...
Commodity News 4 hours ago
China dumped steel wheels into U.S. market: Commerce Department
China dumped steel wheels into U.S. market: Commerce Department
Reuters. FILE PHOTO: Workers arrange steel rims for export at a wheel factory in Lianyungang WASHINGTON (Reuters) - The...
Commodity News 6 hours ago
Planned U.S. oil storage boom faces new scrutiny after tank-farm fire
Planned U.S. oil storage boom faces new scrutiny after tank-farm fire
Reuters. Handout photo of smoke rising from a fire burning at the Intercontinental Terminals Company in Deer Park, east of Houston...
Commodity News 7 hours ago
Gold heads north on decelerating global surge
Gold heads north on decelerating global surge
On Friday, gold jumped due to the fact that dismal data in the euro zone drove traders to the safe-haven asset. Additionally, business sectors across the Eur...
Commodity News 7 hours ago
U.S. sanctions Venezuelan state-owned bank Bandes
U.S. sanctions Venezuelan state-owned bank Bandes
U.S. sanctions Venezuelan state-owned bank Bandes WASHINGTON (Reuters) - The United States imposed sanctions on Friday on s...
Commodity News 8 hours ago
Oil Tumbles on China-Europe Slowdown; Falling U.S. Rig Count No Help
Oil Tumbles on China-Europe Slowdown; Falling U.S. Rig Count No Help
© Reuters. By Barani Krishnan Economic numbers and technical charts don't lie, much to the chagrin of oil bulls. U.S....
Commodity News 8 hours ago
Gold Rises on Slowing Global Growth, Treasury Yield Inverse
Gold Rises on Slowing Global Growth, Treasury Yield Inverse
© Reuters. Gold prices were higher on Friday as disappointing data in the euro zone drove investors to the safe-haven...
Commodity News 10 hours ago
Oil Prices Slump as Weak European Data Stoke Slowdown Fears
Oil Prices Slump as Weak European Data Stoke Slowdown Fears
© Reuters. Oil prices slumped on Friday as a contraction in the euro zone’s manufacturing sector, led by German...
Commodity News 12 hours ago
More shale, who cares? Saudi Arabia pushes for at least $70 oil
More shale, who cares? Saudi Arabia pushes for at least $70 oil
Reuters. FILE PHOTO: Trump welcomes Saudi Arabia's Crown Prince Mohammed bin Salman in the Oval Office at the White House in Washington...
Commodity News 13 hours ago
Venezuela, China in focus for Trump meeting with Caribbean leaders
Venezuela, China in focus for Trump meeting with Caribbean leaders
Reuters. Venezuela's President Nicolas Maduro speaks during his visit to the Hydroelectric Generation System on the Caroni River, near Ciudad Guayana...
Commodity News 16 hours ago
Deadly floods push into Missouri, more states in rain-soaked U.S. Midwest
Deadly floods push into Missouri, more states in rain-soaked U.S. Midwest
Reuters. Buildings are submereged in floodwater in Bellevue, Nebraska By Karen Dillon KANSAS CITY, Mo. (Reuters) - Frigid...
Commodity News 16 hours ago
Frustration mounts in Mozambique's Beira over food, water shortages after cyclone
Frustration mounts in Mozambique's Beira over food, water shortages after cyclone
Reuters. Survivors of Cyclone Idai, arrive to an evacuation centre in Beira BEIRA, Mozambique (Reuters) - The situation i...
Commodity News 18 hours ago
Oil Prices Little Changed Amid Sino-U.S. Trade Uncertainty
Oil Prices Little Changed Amid Sino-U.S. Trade Uncertainty
© Reuters. Oil prices were little changed on Friday in Asia as traders remained cautious amid the latest news on the...
Commodity News 18 hours ago
Gold Prices Steady, Remain Above Key $1,300 Level
Gold Prices Steady, Remain Above Key $1,300 Level
© Reuters. Gold prices were steady on Friday in Asia and remained above the key $1,300 level. Gold futures traded nea...
Commodity News 20 hours ago
Oil prices near 2019 highs amid OPEC supply cuts, U.S. sanctions
Oil prices near 2019 highs amid OPEC supply cuts, U.S. sanctions
Reuters. FILE PHOTO: Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang By Henning Gloys...
Commodity News 24 hours ago
Palladium Peaks Again; Gold Near Monthly High Before Retreating
Palladium Peaks Again; Gold Near Monthly High Before Retreating
By Barani Krishnan The palladium bull remains irrepressible, but the gold bug is having trouble staying on the bronco as th...
Commodity News 1 days ago
U.S. court allows Venezuela's Guaido to argue in Crystallex case
U.S. court allows Venezuela's Guaido to argue in Crystallex case
Reuters. Venezuelan opposition leader Juan Guaido takes part in news conference in Caracas (Reuters) - A U.S. judge has r...
Commodity News 1 days ago
Oil Dips After WTI Hits $60; Funds Caught in Push-and-Pull Market
Oil Dips After WTI Hits $60; Funds Caught in Push-and-Pull Market
© Reuters. By Barani Krishnan Hedge funds in oil, which provide much of the market's daily liquidity, seem to be at a...
Commodity News 1 days ago
Gold Rises as Fed's Pivot Crushes Treasury Yields
Gold Rises as Fed's Pivot Crushes Treasury Yields
© Reuters. Gold prices jumped on Thursday as the yield on the 10-year Treasury note fell to a 14e-month low after the...
Commodity News 1 days ago
Iran's oil exports fall in March even before further U.S. clampdown: sources
Iran's oil exports fall in March even before further U.S. clampdown: sources
Reuters. FILE PHOTO: A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Persian Gulf...
Commodity News 1 days ago
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