Commodities:  Corn hits 6-month high

Commodities: Corn hits 6-month high

Every week, the commodities overview reviews the latest news on the commodities markets, and to gain a better understanding of price variations in energy, metals and agricultural commodities.
Zonebourse January 06, 2025 at 11:00 am EST
What Are the Current Sources of Europe's Gas Consumption?

What Are the Current Sources of Europe's Gas Consumption?

Europe, once a major importer of Russian gas, had to rethink its energy supply after imposing an embargo on this resource in response to the conflict in Ukraine. This redistribution of the market has...
Zonebourse January 06, 2025 at 10:31 am EST
Materials Decline on Rate Fears - Materials Roundup

Materials Decline on Rate Fears - Materials Roundup

Producers of metals and other raw materials fell as the U.S. dollar hovered near multiyear highs due to fears the Federal Reserve would soon stop cutting rates. The SPDR Select Sector Materials...
December 30, 2024 at 04:55 pm EST
Nymex Overview :  Futures Lower as Holiday Volumes Come Into Full Effect -- OPIS

Nymex Overview : Futures Lower as Holiday Volumes Come Into Full Effect -- OPIS

Petroleum futures were down across the board, but the market hasn't yet reached the lows seen in trading late last week. Most of the movements Monday are likely the market flowing with other asset...
December 23, 2024 at 01:00 pm EST
Foda:  More People Will Drill for Gas Than Oil

Foda: More People Will Drill for Gas Than Oil

Brent crude was steady today after lackluster economic data from China raised concerns about demand from the world's biggest oil importer. Sherif Foda, NESR chairman and chief executive officer,...
December 17, 2024 at 04:02 am EST
Bleak times for copper smelters as conversion fees slump:  Andy Home

Bleak times for copper smelters as conversion fees slump: Andy Home

LONDON -An unprecedented collapse in conversion fees spells hard times for the global copper smelting sector.  The benchmark smelter treatment charges for next year have been set by...
December 15, 2024 at 07:59 pm EST
Trump's low oil price promise is a risk and a boon for emerging markets

Trump's low oil price promise is a risk and a boon for emerging markets

Donald Trump has promised to drill, baby, drill to halve energy costs, a plan that sends shivers through the governments of emerging market oil producers anxious about dollar earnings and fills poorer...
December 02, 2024 at 07:28 am EST
Diseases reduce sugar beet yields in Hesse and Rhineland-Palatinate

Diseases reduce sugar beet yields in Hesse and Rhineland-Palatinate

Farmers in Hesse and Rhineland-Palatinate fear the further spread of two diseases in sugar beet and other crops. The diseases are caused by bacteria that are transmitted by the so-called reed...
December 02, 2024 at 05:13 am EST
Trump tariffs could raise grocery, liquor bills - from beef and pork to avocados and tequila

Trump tariffs could raise grocery, liquor bills - from beef and pork to avocados and tequila

U.S. prices may rise next year for avocados, strawberries and other fresh produce, and consumers could face shortages, if President-elect Donald Trump follows through on plans to slap tariffs on goods...
November 26, 2024 at 02:55 pm EST
US oil producers unlikely to shift to 'drill, baby, drill' mode, says Exxon executive

US oil producers unlikely to shift to 'drill, baby, drill' mode, says Exxon executive

LONDON - U.S. oil and gas producers are unlikely to radically increase production under president-elect Donald Trump as companies remain focused on capital discipline, a senior executive at Exxon...
November 26, 2024 at 05:28 am EST
Commodities:  Oil stalled between boos and oversupply

Commodities: Oil stalled between boos and oversupply

Each week, our commodities overview offers a snapshot of the latest happenings in the commodities markets. It's your go-to source for understanding the price shifts in energy, metals, and agricultural...
Zonebourse November 26, 2024 at 05:03 am EST
Commodities Overview:  Beijing struggles to convince

Commodities Overview: Beijing struggles to convince

Every week, the commodities overview gives you the opportunity to review the latest news on the commodities markets, so that you can better grasp the variations in the prices of energy, metals and...
Zonebourse November 19, 2024 at 11:38 am EST
Nymex Overview :  Petroleum Futures Back Away From Early EIA-Inspired Gains -- OPIS

Nymex Overview : Petroleum Futures Back Away From Early EIA-Inspired Gains -- OPIS

Petroleum futures jumped Thursday morning after the Energy Information Administration reported strong gasoline and distillate demand in the week ended Friday, but couldn't hold on to most of the gains...
November 14, 2024 at 01:16 pm EST
Vitol CEO sees $70-$80/bbl oil prices in 2025, flags supply uncertainty

Vitol CEO sees $70-$80/bbl oil prices in 2025, flags supply uncertainty

Global oil prices are expected to stay in the $70 to $80 per barrel range in 2025, similar to 2024, while geopolitical risks create uncertainty around supply, Russell Hardy, CEO of Vitol, the world's...
November 07, 2024 at 01:15 am EST
Citi Sees Pressure on 2025 Oil Prices Under Trump

Citi Sees Pressure on 2025 Oil Prices Under Trump

By Anthony Harrup A second presidential term for Donald Trump is likely to keep oil prices under pressure in 2025 by easing regulations on U.S. producers and potentially spurring the Organization...
November 06, 2024 at 06:18 pm EST
ICE Canada Weekly Outlook :  Price Trends Point Sideways as Resistance Counters Support

ICE Canada Weekly Outlook : Price Trends Point Sideways as Resistance Counters Support

WINNIPEG, Manitoba---The ICE Futures canola market traded within a wide C$30 per tonne range during the first week of November, with the nearby price trends pointing sideways. There are a lot of...
November 06, 2024 at 05:13 pm EST
Commodities:  Escalation or de-escalation?

Commodities: Escalation or de-escalation?

Every week, our commodities overview reviews the latest developments on the commodities markets, to give you a better grasp of price variations in energy, metals and agricultural commodities.
Zonebourse November 05, 2024 at 05:54 am EST
Demand weakness helps cushion tin from supply problems:  Andy Home

Demand weakness helps cushion tin from supply problems: Andy Home

LONDON -Tin demand last year was weaker than expected and is on course for only a modest recovery in 2024, according to the International Tin Association .  The soldering metal has...
November 04, 2024 at 07:59 pm EST
Woman calls out for missing loved one after deadly floods in Spain

Woman calls out for missing loved one after deadly floods in Spain

STORY: :: A woman calls out for a missing loved one after devastating flooding in Spain :: @MarkKeaton1 via X :: Scores of people were killed after a year of...
October 30, 2024 at 05:50 pm EDT
Asia shares stumble on China headwinds; gold and bitcoin buoyant

Asia shares stumble on China headwinds; gold and bitcoin buoyant

Asia shares eased on Wednesday on the back of weakness in China, as investors brace for a tightly contested U.S. election that could have huge ramifications for the world's second-largest economy,...
October 29, 2024 at 10:44 pm EDT