Analysis: Commodities

Gold poised for weekly fall as Fed's Powell grabs limelight

Gold prices inched up on Friday but were set for a weekly decline, as the U.S. dollar and Treasury yields rebounded ahead of Federal Reserve Chair Jerome Powell's speech that could offer fresh...

US oil export gains slow as output, global demand turn tepid

U.S. crude oil export gains should plateau in 2024 after years of strong growth, with domestic output expected to increase by the smallest amount since the pandemic at a time when global oil demand...

Gold holds below record high as investors await clarity on Fed cuts

Gold prices were trading below record high levels on Wednesday after a rally fuelled by Western fund inflows and U.S. rate-cut optimism, as investors braced for minutes of the Federal Reserve's latest...

Brent likely to take a hit from soft demand in China, says Goldman

Goldman Sachs on Tuesday said it expected Brent crude prices to fall to $68 per barrel by late 2025 if China oil demand remains flat through end of next year. Brent futures were trading...

Gold steady near record high as investors seek more Fed cues

Gold held steady near its record high on Tuesday as investors awaited U.S. Federal Reserve minutes and Chair Jerome Powell's speech for indications on how much the central bank will cut rates this...

Oil bears turn cautious as financial market strains ease: Kemp

Investors trimmed their bearish short positions in petroleum after other financial markets steadied following a sudden plunge earlier this month and crude prices found support above $75 per barrel. ...

Positive Market Outlook as U.S. Dollar Slides

A roundup of key agricultural commodity markets for the week of Aug. 19-Aug. 23 by Dow Jones Newswires in Barcelona. By Joe Hoppe GRAINS & OILSEEDS: The macro mood is bullish for...

Oil bears turn cautious as financial market strains ease: Kemp

Investors trimmed their bearish short positions in petroleum after other financial markets steadied following a sudden plunge earlier this month and crude prices found support above $75 per barrel. ...

Gold trades near historic $2,500 mark on Fed rate-cut optimism

Gold prices eased on Monday and hovered around key $2,500 level, as traders locked in profits following bullion's climb to an all-time peak in the previous session on expectations of a U.S. interest...

Crop Watch: Rains quench crops ahead of upcoming dry stretch -Braun

SIOUX FALLS, South Dakota, Aug 18 - U.S. Crop Watch corn and soybeans finally received good rains last week, mostly maintaining crop potential ahead of what looks to be a...

Huge US corn, soy yields will be put to the test by annual crop tour - Braun

Record yield expectations have been laid out for U.S. corn and soybeans, and it will be up to next week’s Pro Farmer Crop Tour to either reinforce or reject this narrative. The crop...

China boosts crude oil stockpiles in July amid weak refining: Russell

Even though its imports of crude oil fell to the lowest in almost two years in July, China continued to boost stockpiles in July as refinery throughput fell for a fourth month. China,...

Chicago soybeans may have found fair market value if demand can be trusted -Braun

Soybean prices were already on their way to a historical downward correction before suspicions of a record U.S. crop were confirmed this week, and the latest price levels could be satisfactory...

Commodities Overview: Geopolitics back in the spotlight

Every week, the commodities overview reviews the latest news on the commodities markets, to better understand the variations in the prices of energy, metals and agricultural raw materials.

India's July palm imports surge to near one-year high on festive demand

India's palm oil and soyoil imports surged to their highest levels in about a year in July, as refiners increased purchases for upcoming festivals amid a correction in prices, a leading trade body...

Gold prices inch lower as US inflation data looms

Gold prices edged lower on Wednesday as investors remained on the sidelines ahead of a key U.S. inflation print later in the day that could set the tone for the Federal Reserve's September policy...

Prabowo's free meals plan poised to expand Indonesia dairy consumption, imports

Indonesia's president-elect campaigned on a pledge to provide free meals to over 80 million school children, a costly and daunting logistical effort that is poised to lift dairy imports and ultimately...

Sicily's orange growers call for help as drought threatens output

Sicily's orange farmers warned on Tuesday that searing heat and drought risked wrecking this year's production and called for help from regional and national authorities to save their business. ...

OPEC's modest cut to 2024 oil demand doesn't reflect weak China: Russell

OPEC's modest cut to its global crude oil demand forecast for 2024 still leaves the producer group with an estimate that will require an extraordinarily strong fourth quarter. The...