Analysis: Commodities

Gold drifts lower as traders ahead of US inflation data

Gold prices eased on Tuesday, while investors looked toward key U.S. inflation data due later this week that could throw some light on the Federal Reserve's interest rate cut stance. ...

Vandals destroy Italy's first experimental rice field

A first field of rice plants created in Italy with the help of new genomic techniques has been vandalised, compromising the results of research aimed at making agriculture more efficient and...

China's LNG imports set to slow: Kemp

China appears to have taken advantage of low prices in the spot market so far in 2024 to boost the amount of gas in storage, absorbing some of the extra fuel that would otherwise have been sent to...

India's LNG surge supports Asia's imports in June: Russell

Asia's imports of liquefied natural gas are expected to dip slightly in June from May,...

India imposes limits on wheat stocks, may turn to imports if required

India has imposed limits on wheat stocks that traders can hold, and it may abolish or trim the import tax on the grain to keep prices low, a senior government official told reporters on Monday. ...

Nigeria's Aiteo resumes production after leak at 50,000 bpd oilfield

Nigerian energy firm Aiteo has resumed production after stopping an oil leak at its nearly 50,000 barrels per day Nembe field earlier this week in southern Bayelsa state, the company said. ...

Barren fields bring Chinese farmer to tears from drought

STORY: Zhang Junying, a corn farmer in China's Shandong province was moved to tears on Thursday as she realized her fields are now barren and destroyed. She, alongside many other...

Gold set for weekly gain on US rate-cut optimism, geopolitical woes

Gold prices were poised for a second consecutive weekly gain on Friday, driven by safe-haven demand amid tensions in the Middle East and rising bets that the U.S. Federal Reserve might reduce interest...

China dials down coal output to focus on structural reform: Kemp

China's coal production has slowed slightly, after rapid growth in the last two years, as the energy supply situation has become more comfortable, allowing the government to focus on long-term...

Oil prices slip as rate hike worries come into focus

Crude oil futures slid in early trade on Friday on the prospect of higher-for-longer interest rates in Asia and the United States, while falling U.S. oil inventories kept prices from moving lower. ...

China dials down coal output to focus on structural reform: Kemp

China's coal production has slowed slightly, after rapid growth in the last two years, as the energy supply situation has become more comfortable, allowing the government to focus on long-term...

Gold hits one-week high on Fed rate cut bets

Gold prices climbed to their highest level in a week on Thursday as softer U.S. economic data increased the likelihood of interest rate cuts from the Federal Reserve this year. Spot gold...

Russia's IKAR raises wheat crop forecasts to 82 mln t

Russia's IKAR agricultural consultancy has raised its forecasts for Russia's wheat crop to 82 million metric tons from 81.5 million tons, it said on Wednesday. ...

Gold ticks up as Fed rate cut bets burnish appeal

Gold prices edged higher on Wednesday after softer U.S. retail sales data boosted expectations that the Federal Reserve will cut interest rates this year. Spot gold was up 0.1% at...

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...

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...

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...

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...

Gold eyes first weekly gain in four on cooling US inflation

Gold prices edged up on Friday and were on course for their first weekly gain in four, as U.S. economic data indicated a softening of price pressures, fuelling optimism that a rate cut from the...