Commodities & Futures News
Explore the latest news and trends in commodities and futures markets. Stay informed with our “Commodities & Futures News” section on business.co.uk.
US crude stocks up a whopping 13M barrels last week; Gasoline rises 3.9M – API
12.10.2023
US crude stocks up a whopping 13M barrels last week; Gasoline rises 3.9M – API
Investing.com – US crude oil stocks possibly rose by nearly 13 million barrels last week in what could be…
Gold hits 2-week high, within striking range of $1,900 as dollar slides
12.10.2023
Gold hits 2-week high, within striking range of $1,900 as dollar slides
Investing.com – Oil prices might not be getting the risk premium many thought from the Middle East’s latest conflagtration…
Oil down over 3% in 2 days, shredding ‘war premium’ as Saudis assure supply
12.10.2023
Oil down over 3% in 2 days, shredding ‘war premium’ as Saudis assure supply
Investing.com – Saudi Arabia is truly “balancing” the oil market by preparing to ship full volumes required by its…
US home heating bills seen flat to lower this winter -EIA
12.10.2023
US home heating bills seen flat to lower this winter -EIA
FILE PHOTO: The Skyline of New York City is seen covered by clouds during the pass of a winter storm…
US natgas output and demand to hit record highs in 2023 -EIA
12.10.2023
US natgas output and demand to hit record highs in 2023 -EIA
FILE PHOTO: Snow covered transfer lines are seen at the Dominion Cove Point Liquefied Natural Gas (LNG) terminal in Lusby,…
Gold Prices Reach Two-Week High Amid Falling US Treasury Yields and Dovish Fed Signals
12.10.2023
Gold Prices Reach Two-Week High Amid Falling US Treasury Yields and Dovish Fed Signals
Gold prices reached a two-week high on Wednesday, driven by declining U.S. Treasury yields and dovish signals from Federal…
US Crude Oil Inventories Projected to Rise by 900,000 Barrels for Week Ending Oct. 6
12.10.2023
US Crude Oil Inventories Projected to Rise by 900,000 Barrels for Week Ending Oct. 6
Analysts and traders anticipate a rise in U.S. commercial crude oil inventories by an average of 900,000 barrels for…
Gold Prices Surge in Pakistan, Global Market Follows Suit
12.10.2023
Gold Prices Surge in Pakistan, Global Market Follows Suit
Gold prices in Pakistan witnessed a significant increase on Wednesday, according to reports from the All-Pakistan Gems and Jewellers…
European Gas Prices Surge 20% Amid Supply Concerns and Potential Pipeline Sabotage
11.10.2023
European Gas Prices Surge 20% Amid Supply Concerns and Potential Pipeline Sabotage
European gas prices have risen by 20% on Wednesday, due to a confluence of supply concerns originating from conflicts…
Japan’s government considering extending fuel subsidies -Kyodo
11.10.2023
Japan’s government considering extending fuel subsidies -Kyodo
FILE PHOTO: Gasoline fuel guns are pictured in front of fuel boards at a gasoline station in Tokyo, Japan September…