Analysis: Commodities

Commodities Overview: Oil makes a comeback, so do industrial metals

Every week, the commodities Overview provides you with a review of the latest developments on the commodities markets, so that you can better understand the variations in the prices of energy, metals...

CERAWEEK-Argentina on right path to solve fiscal deficit, boost energy output - Tecpetrol

Argentina is in a very bad political situation, but is on the right path to encourage energy investment and remove its fiscal imbalances if a package of reforms proposed by President Javier Milei...

US natgas prices up 3% to 1-week high on colder forecasts, lower output

U.S. natural gas futures climbed about 3% to a one-week high on Tuesday on forecasts for colder weather and higher heating demand over the next two weeks than previously expected. Energy traders...

Citigroup Projects Brent Crude Prices Could Fall to $55/Bbl by Late 2025 -- OPIS

Citigroup analysts are projecting Brent crude will average $78/bbl in the second quarter and could continue to slide to $55/bbl by late next year. The bank in a Sunday report said it continues to...

EXXON MOBIL CEO WOODS SAYS DEMAND FOR OIL AND PETROLEUM PRODUCTS…

EXXON MOBIL CEO WOODS SAYS DEMAND FOR OIL AND PETROLEUM PRODUCTS VERY HEALTHY - CNBC INTERVIEW ...

CERAWEEK- PHASING OUT OIL AND GAS IS A 'FANTASY' AND WORLD SHOUL…

CERAWEEK- PHASING OUT OIL AND GAS IS A 'FANTASY' AND WORLD SHOULD INSTEAD INVEST IN THEM ADEQUATELY -SAUDI ARAMCO CEO NASSER ...

Morgan Stanley expects Brent to climb to $90/bbl by summer 2024

Morgan Stanley raised its Brent oil price forecasts by $10 per barrel to $90 for the third-quarter of 2024, citing tighter supply and demand balances on OPEC+ commitment and Russia's oil production...

MERAFE RESOURCES LTD: WITH CONTINUED ECONOMIC UNCERTAINTY IN 202…

MERAFE RESOURCES LTD: WITH CONTINUED ECONOMIC UNCERTAINTY IN 2024, EXPECT COMMODITY PRICES TO COME UNDER PRESSURE ...

China's Jan-Feb coal output slips 4% on high stockpiles, weak price forecasts

China's coal production in January and February fell 4% from the previous year as high stockpiles and forecast lower prices up a damper on mining output. China, the world's largest...

Wishbone Gold Says Phase Of Drill Program Focused On Southern Part Of Cottesloe Tenements

Wishbone Gold PLC: * PHASE OF DRILL PROGRAM FOCUSED ON SOUTHERN PART OF COTTESLOE TENEMENTS * ENTIRE PROJECT CONSISTS OF THREE TENEMENTS TOTALLING 50 BLOCKS, CONSIDERED...

Raw materials squeeze jolts copper out of its torpor: Andy Home

The copper market has awoken from its year-long slumber. London Metal Exchange copper surged by 3.1% on Wednesday, breaking out of its long-standing range. The move extended on Thursday...

European gas prices seen falling further in 2024 on high storage - WoodMac

European gas prices are expected to fall as low as $6.70 per million British thermal units in summer, down 15% from current levels, with inventories starting the season 55% full due to mild...

Iron ore faces China fundamentals and sentiment hurdles: Russell

The tables have turned on iron ore with prices coming under pressure from a combination of fundamental and sentiment factors in dominant importer China that are likely to persist over the short term. ...

IEA Slightly Raises Oil-Demand Growth View But Cuts Supply Forecast -- Update

By Giulia Petroni The International Energy Agency lifted its forecast for oil-demand growth this year on an improved outlook in the U.S. and increased bunkering, while it cut estimates for global...

IEA Slightly Raises Oil-Demand Growth View But Cuts Supply Forecast

By Giulia Petroni The International Energy Agency lifted its forecast for oil-demand growth this year on an improved outlook in the U.S. and increased bunkering, while it cut estimates for global...

IEA sees economic headwinds putting damper on supply growth

The settling down of post-pandemic turbulence and a cloudy economic outlook will rein in demand growth this year, the International Energy Agency said on Thursday, even as shipping disruptions provide...

IEA SAYS OIL CONSUMPTION REVERTING TOWARD HISTORICAL TREND AFTER…

IEA SAYS OIL CONSUMPTION REVERTING TOWARD HISTORICAL TREND AFTER VOLATILITY OF POST-PANDEMIC REBOUND ...

Iron ore faces China fundamentals and sentiment hurdles: Russell

The tables have turned on iron ore with prices coming under pressure from a combination of fundamental and sentiment factors in dominant importer China that are likely to persist over the short term. ...

Oil prices rise as revised IEA forecasts suggest tighter market

Oil prices rose on Thursday as investors digested the International Energy Agency's latest oil market report, in which it made an upward revision to demand growth forecasts and cut its projection for...