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Commodities news

A team of top news editors and analysts at will provide a comprehensive coverage of important commodity news and influential economic reports that will make you aware of what is going on in the commodity markets, we update commodity news daily.

Commodities news

Oil rose after government data showed that crude oil and gasoline stocks in the United States were still falling

05:16 pm 2017-07-19

Oil rose after government data showed that crude oil and gasoline stocks in the United States were still falling. US crude inventories fell 4.73 million barrels last week, according to the Energy Information Administration. Gasoline supplies fell 4.44 million barrels. Oil has fallen below $ 50 a barrel. There is growing concern that the deal could escalate after OPEC member Ecuador said this week it would not be able to keep the promised cuts   Saudi crude shipments fell to 6.924 million bpd in May, and data showed Iraqi exports rose 1.7 percent to 3.818…More

The performance of the US indices is mixed and the European indices are lower

05:02 pm 2017-07-18

In European markets, Europe Stokes 50 fell 1.84% to 3,478.68 and Britain's FTSE 100 fell 0.19% to 7,390.22. The German DAX fell 1.25% to 12430.72, "The French by 1.09% point to 5,173.27 points In US markets, the Dow Jones lost 0.37% to 21,538.88 ،The Standard & Poor's 500 Index gained 0.08% to 2,457.10 while the Nasdaq rose 0.19% to 6,326.15. Gold futures for August delivery rose 0.65% to $ 1,241.70 an ounce Oil futures rose by 0.70% to $ 46.34 a barrel, while Brent crude was up 0.81% to…More

Drought in southern Europe, North America and Australia threatens the global production of wheat

08:59 am 2017-07-18

World fears about Australian wheat production, the world's fourth-largest exporter, are rising because of Australia's shortfall prospects. Australia's eastern and western coastal regions, the country's largest wheat producing region, have received less than half the average rainfall in the last three months. The same that happened in Europe and America, the worst heat waves destroyed wheat crops in southern Europe and output in the United States is also declining due to hot and dry weather According to forecasts of soil moisture, traders and analysts are lowering Australia's wheat production forecast by 20 percent without official estimates due…More

Brief Market News

09:14 pm 2017-07-12

In Europe, Stokes Europe 600 rose 1.57% to 3,518.70 The British FTSE 100 rose 1.17% to 7,415.21,  The German DAX rose 1.61% to 12,642.65 , And French CAC rose 1.74% to 5,229.98 points In US markets, the Dow Jones was up 0.57% to 21,531.45 The S & P 500 index gained 0.67% to 2,441.79 The Nasdaq rose 0.92% to 6,250.25 , Gold futures for August delivery rose 0.37% to $ 1,219.20 an ounce Oil futures rose by 1.00% to $ 45.49 a barrel, while the benchmark…More

stocks,currencies and commodites

03:39 pm 2017-07-11

In European markets, Stokes Europe 600 fell 0.06% to 3,476.07 The British FTSE 100 fell 0.35% to 7,346.48,  German DAX rose 30% to 12,443.58 , And France's CAC fell 0.16% to 5,157.43 points In US markets, the Dow Jones rose 0.04% to 21,415.09 The S & P 500 index gained 0.01% to 2,427.73 The Nasdaq Composite Index gained 0.16% to close at 6,183.34 , Gold futures for August delivery fell 0.37% to $ 1,208.70 an ounce In the oil markets, futures contracts for August delivery rose…More

Good News Cant Stop Oils Bad Mood

04:55 pm 2017-07-11

Even good news can do little to dispel the prevailing pessimism in the oil market. Hedge funds paused a swift increase last month in wagers on declining West Texas Intermediate crude prices. But there was little conviction behind a price rise, as futures shook off a report of declining U.S. stockpiles to finish last week 3.9 percent lower.  Oil futures are down 18 percent this year as investors doubt efforts by the Organization of Petroleum Exporting Countries and its partners to ease a global supply glut. While prices plunged last week after Russia was…More

German exports exceed expectations

11:10 am 2017-07-10

German exports rose 1.4% in May, beating analysts' expectations of an increase of 3.%. The increase is also better than the previous month, which was 0.9% -9% higher.   On the other hand, German imports also rose more than expected, showing an increase of 1.2%, which is worse than the expectations of analysts, which expected to increase by only 0.5% The trade balance showed an increase of 17.3 billion euros, a better-than-expected increase of 15.4 billion eurosMore

German trade surplus is 20.3 billion euros for the month of May

08:25 am 2017-07-10

The German trade balance showed the strongest economy in the euro area, a surplus of 20.3 billion euros for May, which is in line with analysts' expectations, but better than the previous reading of 19.7 billion euros  The trade balance is issued by the Federal Statistics Office in Germany and shows a balance between exports and imports of total goods and services. A positive value is a trade surplus, while a negative value shows a trade deficit. An event that would turn into positive growth in the trade balance, and that it should be positive for the…More

stocks,currencies and commodites Market News

07:24 am 2017-07-10

The Dow Jones Industrial Average rose 0.22% to 21,367.98 points, and the Nasdaq rose 0.42% to 6,089.47. The Standard & Poor's 500 Index shed 0.94% to 2,409.75 points. In European markets, the STOXX Europe 600 shed 0.15% to 3,456.95 and Britain's FTSE 100 shed 0.12% to 7,346.24. The German DAX <.DASI> was down 0.23% to 12,352.76. French CAC fell 0.27% to 5,152.62.   On the other hand, gold futures for August delivery fell by 570% to $ 1,216.30 per ounce, In the oil markets futures contracts fell for delivery in August 2017,…More

Germany intends to increase its dependence on Russian gas

08:10 am 2017-07-07

The German government wants to expand a $ 10 billion pipeline to increase the amount of Russian natural gas imported from Siberia, more than 3,000 kilometers away. The project, led by Russian state-run Gazprom, aims to boost German confidence that it has enough gas to support the unprecedented transfer of coal and nuclear plants that are being closed to a future dominated by renewable energy. Germany is Europe's biggest gas consumer, with 40 percent of what it consumes from Russia, the world's largest exporterMore

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