Result Page 145 for Latest Commodities News & Archive

Oil falls from record above $100 a barrel

Oil retreated on Wednesday, a day after hitting a record high above $100 a barrel, as investors focused on a U.S. inventory report expected to show crude stockpiles rose for a sixth week.

Copper Prices Keep Gains on Chinese Demand, Dropping LME inventories

Copper prices rose reaching a four-month high amid strong Chinese demand London Metal Exchange inventories which continue to drop.

Platinum's Record High's Continue, Gold Gains Nearly 3%

Gold futures rallied near 3 percent on Tuesday, gaining the most in almost seven weeks on speculation of a weaker dollar while platinum surged more than 4 percent to another record high of $2,174 on persisting stockpile concerns from South Africa, the metals top producer.

Crude Oil Climbs Above $100, Setting New Record

Crude oil prices rose on Tuesday above $100 a barrel to set a new record before falling slightly on speculation that the Organization of Petroleum Exporting Countries may diminish oil output next month and after an explosion shut off operations in a U.S. refinery.

More news

Oil Prices Gain on Weak Supplies Outlook

Crude rose on Monday for a fourth day as Venezuela's dispute with Exxon Mobil Corp. and comments from an Iranian OPEC official increased concern of a shortage of oil supplies in the United States.

Platinum Breaks Through $2,100 on Tight Supply, Gold Steady

Platinum surged over $2,100 an ounce for the first time, gaining more than 20 percent since late January after South Africa, the largest producing nation, continues to be hard hit by power cuts that forced mines to shut down operations. Gold remained steady.

Pound Falls on N.Rock Nationalization

The pound declined on Monday after the UK government announced a plan to temporarily nationalize struggling bank Northern Rock, leading investors to grow more concerned about the country s economy.

Copper Rises on Steep LME Inventory Drop

Copper rose on Friday after London Metal Exchange inventories fell steeply.

Oil Prices Stable Despite Fall in Consumer Confidence

Oil prices were mostly unchanged on Friday despite a report released today that of lower consumer confidence which triggered speculation that U.S. demand will fall.

Gold, Platinum Posts Gains on Concerns of Lower Interest Rates

Gold posted gains on Friday on concerns that interest-rate cuts in the U.S. will increase demand for the metal as an alternative to the dollar.

Soybean, Oils Rallies on Expected China Demand as Wheat Gains

Soybean and soybean oil futures in Chicago increased amid speculations that demand from China will increase following strong winter storms that severely damaged China's crops.

Copper Declines Ahead of China's Inventories Report. Aluminum Gains

Copper declined on Thursday for a second day on speculation China's supplies will rise. Aluminum futures climbed.

Crude Oil Futures Rise Nearly $2 after Economic Data and Supply Worries

Crude futures climbed nearly $2 on Thursday as economic data from Japan and the U.S. diminished worries about a worldwide recession. Prices were also supported by supply concerns.

Platinum Continues Surge over $2,000 an ounce on S.A Supply Concern

Platinum continued its record high above $2,000 an ounce on Thursday after Impala Platinum Holdings Ltd., the second-biggest producer of the metal, reported a drop in output because of power cuts in South Africa. Palladium also gained.

Gold Gains on Weak Dollar after Bernanke Cites Growth Risks

Gold futures edged slightly higher on Thursday as the dollar fell against major currencies Thursday after Federal Reserve Chairman Ben Bernanke said the U.S. economic outlook had worsened and urged the central bank to support growth.

Platinum Hits New Record, Soaring Above $2,000 an ounce

Platinum surged to a historic high above $2,000 an ounce on continuing concerns of lower output by South Africa, the world's largest platinum producer.

Oil Prices Gain as Retail Sales and Crude Inventories Climb

Crude oil prices rose slightly on Wednesday after a government report showed an increase in U.S. retail sales, relieving fears of an economic recession and lower demand.

Gold Falls, Platinum Soars Over $2,000 an ounce

Gold futures edged lower on Wednesday while platinum surged to a historic high above $2,000 an ounce on continuing concerns of lower output by South Africa, the world's largest platinum producer.

Cocoa Posts High Gains

Cocoa posted gains on Wednesday after chocolate makers hedged against further gains and higher production costs by buying contracts.

Platinum Increases on Supply Concerns as Palladium Declines

Platinum gained on Tuesday amid concerns that shipments from South Africa might decline due to uncertainty over electricity supplies to the mines.

Copper Ends with Gains as LME Supplies Drop

Copper futures gained on Tuesday for a fifth straight session as inventories declined.

Gold Tumbles as Traders Cash in Profits, Most Metals Down

Gold futures tumbled sharply on Tuesday as traders cashed in profits from the precious metals after three days of steady gains.

U.S. Crude Falls on Inventories Report Forecast

Crude prices fell on Tuesday amid concerns that U.S. stockpiles will rise for a fifth week, which would continue to signal weaker demand.

Natural Gas Surge on Concerns of Warmer Weather, Low Demand

Natural gas declined on Tuesday amid speculations that higher temperatures may reduce demand of the fuel for heating.

Coffee Prices Hike on Declining Inventories

Coffee gained on Tuesday following a decline in U.S. inventories and shipments from Brazil that prompted processors to increase the bean prices on retail brands.

Crude Oil Climbs to $93.59 on Chavez Threats and Freezing Weather

U.S. crude climbed on Monday after President Chavez threaten the U.S. to cut off oil supplies due to disputes with Exxon Mobil Corp.

Gold Futures Soar on Weak Dollar, Platinum Nears $2000 an Ounce

Gold futures soared on Monday on a weakening dollar and increased concerns over supply cuts from South Africa, the world's second-largest gold producer.

Commodities Round up: Platinum and Gold Soar on Energy Cuts, Oil Gains

Platinum prices hit yet another new high on Monday after the world's biggest platinum producer Anglo Platinum , said its output will drop again this year as a result of the current energy shortage in South Africa. Gold also gained.

Platinum rally goes on

Platinum prices hit a record high for the eighth straight trading day on Monday on worries power problems in top producer South Africa would hit output badly.

Copper Gains as Inventories Drop, China's Demand Rises

Copper rose on Friday as demand increased and supplies dropped the most since October 30.

Gold Futures Soar on Weak Dollar, Platinum Gains

Gold futures closed with strong gains Friday, rising as the dollar traded lower against a basket of its major foreign-exchange counterparts. Platinum Gained.

Corn Futures Increase as Mexico, Argentine Output Declines

Corn gained on Friday after the U.S. government forecasted low production in Argentine and Mexico, which may boost demand for U.S. grain used as animal feed.

Nymex Natural Gas Posts Gains as the Week Ends

Natural gas increased on Friday stretching its rally to 6.9 percent since Feb. 1 and 10.6 percent this year.

Wheat Prices Increase on Concerns of Depleted Supply of the Grain

Wheat posted gains on Thursday after millers and overseas importers encountered shortage of spring grain, used to make bread, pasta and other staple foods.

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.

Get Listed

COMMODITIES

Pages