Analysis: Commodities

Oil prices slip after data points to cooling U.S. economy

Oil prices fell in early trade on Thursday after U.S. employment and business activity data came in weaker than expected, in signs the economy may be cooling in the world's top oil consuming nation. ...

Canada records third straight monthly trade deficit in May

Canada recorded a bigger-than-expected trade deficit of C$1.93 billion in May, the third consecutive monthly shortfall, as exports declined faster than imports, data showed on...

Gold flat as investors focus on Fed minutes

Gold prices were flat on Wednesday as investors awaited minutes of the Federal Reserve's last policy meeting for fresh cues on when the U.S. central bank will start cutting interest rates. ...

U.S. oil output growth slows, gas begins to fall: Kemp

U.S. oil production continues to grow even as gas starts to turn down, with the diverging fortunes of the two sectors reflecting the much steeper slump in gas prices and drilling activity since the...

U.S. oil output growth slows, gas begins to fall: Kemp

U.S. oil production continues to grow even as gas starts to turn down, with the diverging fortunes of the two sectors reflecting the much steeper slump in gas prices and drilling activity since the...

Gold Needs a New Catalyst to Boost Prices, or Risks Losing Its Shine

By Joe Hoppe Gold prices have performed remarkably well so far this year, with demand for the precious metal high amid global economic uncertainty and central bank buying, but will likely need...

Commodities Overview: Agriculture takes a beating, metals stabilize and energy rises

Every week, the commodities round-up gives you the opportunity to review the latest developments on the commodities markets, and to gain a better understanding of the variations in the prices of...

Gold flat as investors eye Powell's speech

Gold prices were flat on Tuesday, as investors awaited comments from Federal Reserve Chair Jerome Powell and jobs data for further insight about the U.S. central bank's interest rate outlook. ...

Crop Watch: Conditions improve but North needs heat, East needs rain -Braun

U.S. Crop Watch corn and soybean conditions both improved this week after a stretch of mostly supportive weather, but half of the producers still have ongoing crop concerns, particularly on corn. ...

Oil bulls advance cautiously as stocks expected to fall: Kemp

Investors purchased petroleum for the third week running as bearishness triggered by the OPEC+ meeting at the start of June waned and fund managers anticipated a big depletion of inventories in the...

China sets up new state body to drill deep for oil and gas reserves

China is setting up a new entity that groups national oil producers and other state firms to search for ultra-deep oil and gas reserves and tackle harder-to-extract non-conventional resources, state...

LMEWEEK-Copper the most bullish base metal for H2, market players say

Copper is the base metal with the most bullish potential in the second half of the year, due to continued tight raw material supply, improving Chinese demand and funds interest, industry participants...

LMEWEEK-Copper the most bullish base metal for H2, market players say

Copper is the base metal with the most bullish potential in the second half of the year, due to continued tight raw material supply, improving Chinese demand and funds interest, industry participants...

Oil traders expect large inventory draw in third quarter: Kemp

Crude markets have exhibited an increasing disconnect this month between rising spot prices and calendar spreads on the one hand and swelling inventories on the other. But futures...

Gold set for third quarterly gain; traders await US inflation data

Gold prices eased on Friday, but were set for a third straight quarterly rise, while investors look forward to U.S. inflation data due later in the day for more clarity on the Federal Reserve's...

Oil prices edge higher as supply risks mount

Oil prices rose in early Asian trading hours on Friday, setting up a third straight weekly jump, as concerns about supply problems from escalating geopolitical tensions and weather-related disruptions...

Citi Advises Not to Chase the Current Oil Rally -- OPIS

Analysts at Citi acknowledged the strong crude-oil rally over the past couple of weeks that has taken Brent to the $86/bbl level and shifted the structure from contango back to fairly steep 90cts...

Uyghur group wins appeal over UK probe into 'slave labor' cotton

British authorities must reconsider whether to open a probe into the importation of cotton allegedly produced by slave labor in the Chinese region of Xinjiang, a London court ruled on Thursday,...

Scaling an Indonesian volcano to pray for rain

STORY: For centuries, Indonesia's Tenggerese people have invoked an ancient ritual on the slopes of the stunning Mount Bromo, an active volcano. It's known as the Kasada...