Commodities News

  The weaker US dollar has benefited most commodities in the last week, though some agricultural commodities have failed to gain much traction.   Energy CRUDE OIL prices have been...

Crude oil sentiment is shifting in a bullish direction, with OPEC+ cuts and a growing list of serious outages taking supply off of the market. Saudi Arabia recently signaled that...

Gold trades around $1326.20 at the start of Asian trading on Tuesday. The yellow metal surged to the fresh yearly high, also the highest level since April 2018, of $1327.60 on...

AUD/NZD has been consolidated in thin holiday trade as traders get set for the first potential catalyst for the Aussie this week that may come from the RBA minutes. AUD/NZD is...

GoodBulk Ltd., a leading owner and operator of dry bulk vessels, announced its financial results for the fourth quarter of 2018. 4th Quarter Highlights • Generated $10.6 million of...

As a meeting of the International Maritime Organization’s (IMO) Sub-Committee on Pollution Prevention and Response (PPR 6) opens today in London, the Clean Arctic Alliance called...

Officially, Venezuela has the world’s largest crude oil reserves with 303 billion barrels of proved reserves. But, a lot of this oil is extra-heavy crude oil, and may not be...

Amid increasing tensions between longtime regional antagonists India and Pakistan, Saudi Arabia’s Crown Prince Mohammed bin Salman (MbS) pledged $20 billion to Pakistan on his trip...

After months of persistent concerns that global economy will suffer from a heated U.S.-China trade war, leading to lower oil demand growth in the world, renewed hopes that an...

Gold has continued its advance and is taking on the 78.6% Fibo (1322) of the 2018 swing highs and 2019 swing lows, positioned through the Fibo scoring a high of 1327, up from a low...

Oil daily chart Crude oil WTI is trading between the 50 and 100 SMA suggesting a sideways market.

From K. Sathya Narayanan: (Reuters) – Palladium surged to a record high on Monday as a sustained supply deficit boosted the investment case for the autocatalyst metal, while...

From David Erfle: Historically, the gold trend in either direction has driven the silver market. Investors typically ignore this tiny sector until gold has rallied long and high...

From Ysvetana Paraskova: Oil prices rose early on Monday, extending last week’s gains amid rekindled hopes that the U.S. and China could reach a trade deal and growing signs...

What's moving gold today The strength of the gold market has been impressive in the face bigger picture US dollar demand and what has been a wave of very healthy risk appetite to...

WTI higher for the fifth day It's a US holiday but oil futures traded today and climbed despite worries about Chinese auto sales. WTI is up 43-cents to $$56.02 after hitting as...

Oil prices rose early on Monday, extending last week’s gains amid rekindled hopes that the U.S. and China could reach a trade deal and growing signs of a tightening market, driven...

The US likes to fight one battle at a time The US Commerce Dept will soon issue its opinion on whether EU cars are a national security threat. The opinion would be the first step...

Gold breaks out of consolidation pattern I like gold but I hate a breakout on a holiday. Gold is up $5.35 to$1327.05 today, narrowly climbing above the January 31 high of $1326.57....

Prices of WTI exceed the $56.00 mark and clinch YTD peaks. WTI advances for the second session in a row. Oil rig count rose by 3 during last week to 857 active oil rigs. Prices...

• The precious metal built on last week's goodish bounce from the $1300 neighbourhood and a subsequent breakthrough near two-week-old strong hurdle. • The...

Gold has taken its cue from a lower US dollar and made a fresh two-week high, nearing its highest level since April 2018 as bulls take control.

Improved risk sentiment and Saudi Arabia’s pledge to take aggressive have been among factors boosting oil prices to fresh 2019 highs, raising scope for $70 Brent.

Bulls benefit from US-China trade progress, DXY softness, Venezuela sanctions and OPEC output cuts Holiday-thinned trading could exaggerate the moves, 57.00 on tap WTI (oil...

Alaskan Tanker Company (ATC) will retrofit the Ecochlor® ballast water management system (BWMS) on board their fleet including three VLCC crude oil tankers and an option for one...

• The prevalent USD selling bias helped gain traction for the third straight session. • US-China trade optimism-led risk-on mood seemed to keep a lid on further...

Markets cheered the renewed optimism induced by the US-China trade progress, boosting the appetite for the risk assets across the financial markets in Asia. Across the fx space,...

Gold is fast closing on a year-to-date high of $1,326 reached on Jan. 31 and may break higher toward $1,354 (100-month moving average) if trade optimism continues to hurt the US...