Commodity outlook: How gold, silver, nickel, crude oil may trade today – Economic Times

Gold prices kept its momentum high, hovering near its one week high after the Federal Reserve stood pat on interest rates and signaled moderate economic growth for next year. Better than expected US consumer prices in Nov, supported the Fed’s interest rate decision. Base metals surged after consolidating in a broad range for around a […]

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The Commodities Feed: Bearish EIA numbers – ING Think

Metals It was another fairly strong day for the metals complex, with nickel leading the march higher and further speculative buying from China. LME nickel rallied to an intra-day high of  US$13,870/t, and closed 3.3% higher on the day. This strength has defied a surge in stocks. In the short term the market is likely to remain […]

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Trafigura reports record year in oil and metals – The Business Times

Thu, Dec 12, 2019 – 11:40 AM [GENEVA] Trafigura Group reaped record profits from oil and metals trading this year, helping the commodities trader start paying down its heavy debt load and clean up its balance sheet. Gross profit from oil trading surged to a record US$1.7 billion in the year ended Sept 30 as […]

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Commodities 2020: Mexico's demand for US natural gas poised for growth, but risks remain – S&P Global

Highlights Exports growth to help balance US market, potentially lifting prices Growth hinges on Cempoala, Monte Grande, Wahalajara projects Power generator access to lower prices to lead Mexico’s demand growth Denver — US gas exports to Mexico could see significant upside in 2020, thanks to recent infrastructure upgrades and growing, latent demand south of the […]

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Global Dry Bulk Shipping (Ship Type, Commodity & Fleet Age) Market Insights, Trends & Forecast Report 2019-2023 – ResearchAndMarkets.com – Business Wire

DUBLIN–(BUSINESS WIRE)–The “Global Dry Bulk Shipping Market (by Ship Type, Commodity & Fleet Age): Insights, Trends & Forecast (2019-2023)” report has been added to ResearchAndMarkets.com’s offering. The global dry bulk shipping market is anticipated to grow at a CAGR of 4.14% during the period spanning 2019-2023. The market is expected to be valued at US$402.65 […]

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Commodities: Oil futures slip as weekly US inventory data reveals unexpected build – ShareCast

Energy prices weakened on Wednesday following the release of a US government report on crude oil inventories showing an unexpected build in stockpiles over the latest reference week. According to the Energy Information Administration, commercial oil inventories in the States increased by 0.8m barrels a day (consensus: -1.4m b/d). Gasoline stockpiles also rose sharply as […]

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Commodity research house of the year, Asia: Bank of China International – Risk.net

Being competitive in commodities research today requires understanding a broader range of market indicators than ever before. A nuanced understanding of global supply-and-demand fundamentals – especially the more opaque ones – remains central. However, the financialisation of some commodity markets means price drivers now derive from a wide array of asset classes. Ascertaining which ones […]

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