Commodities News

Brexit Plus Trump Have Sent Gold on a January Winning Streak
 17/01/2017|  |  Commodities

If you think the new year is a time of optimism and hope for the future, then you haven’t been watching gold.


Oil prices edge up as details of Saudi supply cuts start to emerge
 11/01/2017|  |  Commodities

Oil edged up on Wednesday, lifted by reports of Saudi supply cuts to Asia, but gains were capped by a lack of detail about the reductions and because of signs of rising supplies from other producers.


Oil prices rise as markets eye OPEC, non-OPEC production cuts
 03/01/2017|  |  Commodities

Oil prices rose in the first trading hours of 2017, buoyed by hopes that a deal between OPEC and non-OPEC members to cut production, which kicked in on Sunday, will be effective in draining a global supply glut.


Oil edges further above $55 ahead of supply cut deal
 27/12/2016|  |  Commodities

Oil edged further above $55 a barrel on Tuesday, drawing support from expectations of tighter supply once the first output cut deal between OPEC and non-OPEC producers in 15 years takes effect on Sunday.


Oil steady in quiet holiday season trade; supply cut deal to kick in Jan 1
 27/12/2016|  |  Commodities

Oil prices were little changed on Tuesday in light pre-New Year holiday trading with markets adopting a wait-and-see stance less than a week before the first output cut deal agreed between OPEC and non-OPEC members in 15 years is scheduled to kick in.


Oil prices rise on expected U.S. crude inventory draw
 21/12/2016|  |  Commodities

Oil prices rose on Wednesday on expectations of a U.S. crude inventory draw, although trading activity was muted as markets start to wind down ahead of the Christmas weekend.


$50 oil is here to stay if OPEC sticks to its deal
 21/12/2016|  |  Commodities

It was a roller coaster year for oil prices. And little wonder.


OPEC Deal Makes Oil Investors Most Bullish Since Slump Began
 19/12/2016|  |  Commodities

Investors are the most optimistic on oil since the slump began two and a half years ago.


Oil prices rise in anticipation of tighter 2017 market
 19/12/2016|  |  Commodities

Oil prices rose on Monday in anticipation of tighter crude supply going into 2017 following the decision by OPEC and other producers to cut output to prop up prices.


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