Commodity News

Suncor CEO to retire next year, be replaced by COO
Suncor CEO to retire next year, be replaced by COO
Reuters. FILE PHOTO - President and CEO of Suncor Energy Williams addresses shareholders during company's annual general meeting in Calgary...
Commodity News 1 hours ago
Goldman Says Wall Street Banks’ Exposure Was Behind Oil Rout
Goldman Says Wall Street Banks’ Exposure Was Behind Oil Rout
Bloomberg. A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, Nov. 9, 2018. U.S. stocks slumped as inves...
Commodity News 2 hours ago
Canada’s Oil Industry Is Sparring Over Forced Output Cuts
Canada’s Oil Industry Is Sparring Over Forced Output Cuts
Bloomberg. A Canadian Pacific Rail Ltd. (CPR) locomotive pulls oil tankers past the Burnaby Refinery, operated by Parkland Fuel Corp., in Burnaby, Br...
Commodity News 2 hours ago
Macron says agreed with Trump to pressure oil producers
Macron says agreed with Trump to pressure oil producers
Reuters. FILE PHOTO - French President Emmanuel Macron attends the opening session of the Internet Governance Forum (IGF) at the UNESCO headquarters...
Commodity News 3 hours ago
Gold Breaks Below Again $1,200 Before Settling Higher
Gold Breaks Below Again $1,200 Before Settling Higher
© Reuters. Anxiety over the U.S.-China trade war and Brexit is keeping gold's $1,200 perch alive, even as the dollar...
Commodity News 3 hours ago
U.S. farmers scramble to contain trade-war damage, find new markets
U.S. farmers scramble to contain trade-war damage, find new markets
Reuters. Members of Illinois Soybean Growers Association and a trade group of grain buyers from Sri Lanka meet in Addieville...
Commodity News 5 hours ago
Natural Gas Futures Spike on Forecasts for Freezing Temperatures
Natural Gas Futures Spike on Forecasts for Freezing Temperatures
© Reuters. Natural gas futures surged for the third session in row on Wednesday, as investors reacted to forecasts sh...
Commodity News 7 hours ago
Oil Rebounds Nearly 3% After Record Losing Streak
Oil Rebounds Nearly 3% After Record Losing Streak
© Reuters. The selloff in oil paused Wednesday, after a record losing streak of 12 days, with crude futures lifted by...
Commodity News 7 hours ago
Blackrock reports ownership of 5 percent of Petrobras' preferred shares
Blackrock reports ownership of 5 percent of Petrobras' preferred shares
Reuters. FILE PHOTO: FILE PHOTO: A sign for BlackRock Inc hangs above their building in New York SAO PAULO (Reuters) - Bl...
Commodity News 9 hours ago
Top 5 Things to Know in The Market on Wednesday
Top 5 Things to Know in The Market on Wednesday
© Reuters. Here are the top five things you need to know in financial markets on Wednesday, November 14: 1. Global Gr...
Commodity News 11 hours ago
OPEC President Says Group, Allies Will Cut Output as Needed
OPEC President Says Group, Allies Will Cut Output as Needed
© Reuters. OPEC President Says Group, Allies Will Cut Output as Needed (Bloomberg) -- OPEC and allied oil producers wi...
Commodity News 11 hours ago
OPEC, partners discuss oil supply cut of up to 1.4 million bpd: sources
OPEC, partners discuss oil supply cut of up to 1.4 million bpd: sources
Reuters. FILE PHOTO: The OPEC logo is seen at OPEC's headquarters in Vienna By Rania El Gamal and Alex Lawler DUBAI/LONDO...
Commodity News 12 hours ago
Global oil market faces surplus throughout 2019 as demand slows
Global oil market faces surplus throughout 2019 as demand slows
Reuters. Flames emerge from a pipeline at the oil fields in Basra, southeast of Baghdad By Amanda Cooper LONDON (Reuters)...
Commodity News 14 hours ago
Oil's Collapse Deepens as Supply and Demand Concerns Roil Market
Oil's Collapse Deepens as Supply and Demand Concerns Roil Market
Bloomberg. A pumpjack operates on an oil well in the Permian Basin near Orla, Texas, U.S., on Friday, March 2, 2018. Chevron, the world's third-large...
Commodity News 17 hours ago
Asia's weakening economies, record supply threaten to create oil glut
Asia's weakening economies, record supply threaten to create oil glut
Reuters. FILE PHOTO: Ships off the southern coast of Singapore By Henning Gloystein SINGAPORE (Reuters) - Oil traders&apo...
Commodity News 17 hours ago
Gold Prices Edge Up; Dollar Flat
Gold Prices Edge Up; Dollar Flat
© Reuters. Gold prices edged up on Wednesday while the dollar remained unchanged, as investors awaited a speech by Fe...
Commodity News 17 hours ago
Oil markets struggle to find footing after 7 percent slump
Oil markets struggle to find footing after 7 percent slump
Reuters. FILE PHOTO: Oil pours out of a spout from Edwin Drake's original 1859 well that launched the modern petroleum industry at the Drake Well Mus...
Commodity News 17 hours ago
Soy Trade Goes Topsy Turvy as Major Exporter Turns to Imports
Soy Trade Goes Topsy Turvy as Major Exporter Turns to Imports
© Reuters. Soy Trade Goes Topsy Turvy as Major Exporter Turns to Imports (Bloomberg) -- The world of soybean shipping...
Commodity News 1 days ago
Gold Ends Down But Bounces Back Above $1,200
Gold Ends Down But Bounces Back Above $1,200
Gold broke below its long-held perch of $1,200 an ounce on Tuesday before settling above that key psychological level, keep...
Commodity News 1 days ago
Oil Plunges 7% as Market Freefall Continues for 12th Day
Oil Plunges 7% as Market Freefall Continues for 12th Day
© Reuters. Oil prices fall for 12th straight day The selloff in oil showed no signs of slowing Tuesday as crude future...
Commodity News 1 days ago
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