Malaysia, China mark 50 years of ties with deals on development, durians

Malaysia, China mark 50 years of ties with deals on development, durians

China and Malaysia signed a slew of deals on Wednesday, renewing a five-year economic co-operation pact and allowing exports of fresh durians, during a visit by Chinese Premier Li Qiang to mark 50...
June 19, 2024 at 03:00 am EDT
Robust Permian output, OPEC spare capacity to keep Brent at $75-90/bbl ceiling, Goldman says

Robust Permian output, OPEC spare capacity to keep Brent at $75-90/bbl ceiling, Goldman says

Goldman Sachs expects robust oil production growth in the Permian basin, the largest U.S. oilfield, and high OPEC spare capacity to likely support the ceiling of their $75-90 per barrel Brent price...
June 18, 2024 at 04:02 pm EDT
Farmers' financial pain spills from Kansas wheat fields to Main Streets

Farmers' financial pain spills from Kansas wheat fields to Main Streets

In a tiny town surrounded by miles of rippling wheat fields, Brady Peterson's restaurant sits nearly empty during what should be a Saturday lunch rush. Normally, Pete's would be filled with...
June 18, 2024 at 06:00 am EDT
Commodities Overview:  Oil puts up resistance

Commodities Overview: Oil puts up resistance

Every week, the commodities overview gives you the opportunity to review the latest news on the commodities markets, to better understand the variations in energy, metals and agricultural commodity...
Our Logo June 17, 2024 at 12:23 pm EDT
Lexington says assay suggests "substantial" gold presence

Lexington says assay suggests "substantial" gold presence

Lexington Gold Ltd - gold exploration and development company with projects in South Africa and US - Announces assay results from the recent gold exploration drill programme at its Jennings-Pioneer...
June 17, 2024 at 11:32 am EDT
Global nickel prices have probably hit a floor, says Macquarie

Global nickel prices have probably hit a floor, says Macquarie

Global nickel prices may have hit a floor, according to a Macquarie analyst who sees a market recovery driven by strong demand from the steel sector and as a surplus of ore supplies shrinks after...
June 13, 2024 at 08:34 pm EDT
US natgas prices fell 3% on forecasts for lower demand, higher output

US natgas prices fell 3% on forecasts for lower demand, higher output

U.S. natural gas futures fell about 3% on Thursday on lowered demand forecasts for the next two weeks, expectations supplies will soon rise once the Mountain Valley gas pipeline enters service, and...
June 13, 2024 at 10:31 am EDT
China's vast copper overhang will clear, one way or another:  Russell

China's vast copper overhang will clear, one way or another: Russell

The massive overhang of copper in China is starting to work its way through the global market dynamics for the industrial metal, with prices easing and trade flows likely to adjust. ...
June 13, 2024 at 08:00 am EDT
Global nickel prices have probably hit a floor, says Macquarie

Global nickel prices have probably hit a floor, says Macquarie

Global nickel prices may have hit a floor, according to a Macquarie analyst who sees a market recovery driven by strong demand from the steel sector and as a surplus of ore supplies shrinks after...
June 13, 2024 at 07:21 am EDT
From northwest to east China, parched regions face drought

From northwest to east China, parched regions face drought

BEIJING -Weeks of scarce rainfall in parts of China, coupled with sweltering heat, has brought drought to several provinces, prompting alerts and actions from...
June 13, 2024 at 05:13 am EDT
China's vast copper overhang will clear, one way or another:  Russell

China's vast copper overhang will clear, one way or another: Russell

The massive overhang of copper in China is starting to work its way through the global market dynamics for the industrial metal, with prices easing and trade flows likely to adjust. ...
June 13, 2024 at 12:27 am EDT
Oil slips on US growth worries, ample crude supply

Oil slips on US growth worries, ample crude supply

Oil prices fell in early trade on Wednesday as investors digested news that the U.S. Federal Reserve has opted against cutting interest rates in the near future, while ample U.S. crude and fuel stocks...
June 12, 2024 at 08:48 pm EDT
Wheat sags on uncertain demand outlook; corn firm, soy sags

Wheat sags on uncertain demand outlook; corn firm, soy sags

CHICAGO, June 12 - U.S. wheat...
June 12, 2024 at 02:14 pm EDT
Citigroup Analysts Paint Bearish Picture for Global Crude Oil Prices -- OPIS

Citigroup Analysts Paint Bearish Picture for Global Crude Oil Prices -- OPIS

Citigroup's global commodities team on Wednesday said crude oil has missed out on what has been a spectacular year for some commodities and has been mostly range bound with volatility at about 10...
June 12, 2024 at 12:00 pm EDT
Gold rush to endure through 2024 though $3,000 mark may prove elusive

Gold rush to endure through 2024 though $3,000 mark may prove elusive

Gold's lightning rally to successive record highs shows every sign of continuing in the second half of 2024 as the fundamental case for bullion remains firmly in place, though $3,000 per ounce...
June 12, 2024 at 09:41 am EDT
Oil demand set to peak by 2029, major supply glut looms, IEA says

Oil demand set to peak by 2029, major supply glut looms, IEA says

Global oil demand will peak by 2029 and begin to contract the next year, the International Energy Agency said on Wednesday, while oil supply capacity is due to vastly outpace demand by the end of the...
June 12, 2024 at 04:00 am EDT
IEA SAYS NON-OPEC+ PRODUCERS LED BY UNITED STATES WILL MAKE UP T…

IEA SAYS NON-OPEC+ PRODUCERS LED BY UNITED STATES WILL MAKE UP T…

IEA SAYS NON-OPEC+ PRODUCERS LED BY UNITED STATES WILL MAKE UP THREE-QUARTERS OF PRODUCTION CAPACITY INCREASE TO 2030 ...
June 12, 2024 at 04:00 am EDT
Australian farm confidence falls after lack of rain in some regions, survey shows

Australian farm confidence falls after lack of rain in some regions, survey shows

Rising input costs and dry weather in parts of Australia during the winter crop planting season have reduced confidence levels among farmers, a quarterly survey by Rabobank published on Wednesday...
June 12, 2024 at 02:32 am EDT
Morgan Stanley Sees Summer Recovery for Brent But Supply Peril Into 2025 -- OPIS

Morgan Stanley Sees Summer Recovery for Brent But Supply Peril Into 2025 -- OPIS

Commodity analysts at Morgan Stanley told clients Monday that they expect Brent crude prices to rise by close to $5/bbl this summer but warned that a trend toward tightening supply in the next...
June 11, 2024 at 12:53 pm EDT
Commodities Overview:  Backlash on industrial metals

Commodities Overview: Backlash on industrial metals

Every week, the commodities overview gives you the opportunity to review the latest developments on the commodities markets, and to gain a better understanding of the price variations in energy,...
Our Logo June 11, 2024 at 11:02 am EDT