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Commodities news

A team of top news editors and analysts at Tradingpeek.com 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 prices post gains for a second day in a row following OPECs comments

09:51 am 2018-03-06

Oil futures held their gains in European trading on Tuesday, as positive news from the meeting between OPEC and US rock oil companies on the sidelines of an energy conference in Houston, and strong gains in the market after the expectations of the International Energy Agency to the levels of global demand. Where the oil ministers of the Organization of Petroleum Exporting Countries (OPEC) met yesterday with US rock oil companies and other leaders of the international oil industry on the sidelines of the Syrac Energy Conference…More

Gold futures are climbing higher in early European trading

09:34 am 2018-03-06

Gold futures recorded gains in early European trading after yesterday's losses ended after hitting a four-day high as gold prices rose 0.30% to reach $ 1323 per ounce after hitting a record low of $ 1320 per ounce and had opened today's session at the level of 1320. $ per ounce to record the highest level at 1325. $ per ounce. After the US dollar index fell due to investor expectations of the US jobs report, which may cause a strong movement of the US dollar,…More

​Gold futures recorded gains in the beginning of the week

07:53 am 2018-03-05

Gold futures recorded gains in the beginning of the week, rebounding from the lowest level in 8 weeks, where gold prices rose by 0.33% to reach levels of 1327 dollars per ounce after reaching a low of 1322 dollars an ounce and opened today's session at the level 1325. $ per ounce to record the highest level at 1328. dollars per ounce.  After investors resorted to buying the yellow metal as security goods because of US President Donald Trump's comments on Thursday that the United States will begin…More

Oil prices are rebounding during US trading and are settling in the green zone

05:38 pm 2018-03-02

Oil futures continue to post losses in European trading on Friday, but they have reduced their losses to a gain in US trade, after hitting a 11-session low as concerns over the supply glut in the United States persisted, America's highest level this year, and accelerated US production to a new record high. The US Energy Information Administration announced US oil inventories last Wednesday, which showed a surplus of 3.0 million barrels last week on Feb. 23 compared to a deficit of 1.6 million barrels in the…More

Gold prices are rising strongly after reaching a 8 week low

05:23 pm 2018-03-02

Gold futures rebound from 8-week lows in US trading as investors sought to buy the yellow metal as security goods because of US President Donald Trump's comments on Thursday that the United States will begin next week to impose new tariffs on imports of steel up To 25% and 10% for aluminum imports. During a meeting with some US industry officials, Donald Trump pledged to reinvigorate the steel and aluminum industries, saying it was time to take action to stop the flow of products into US territory.More

Gold futures are offsetting some of their losses

06:57 am 2018-03-02

Gold futures are offsetting some of their losses, after cutting a large part of their losses yesterday, to stop gold from falling before the end of the week after hitting an eight-week low yesterday, after having suffered severe losses during trading on Thursday, because of The US Dollar Index rose as market expectations increased the Federal Reserve's rate hike four times this year.  Where gold prices rose by 1.00% to reach levels of $ 1318 per ounce after recording a low of $ 1315 dollars an ounce and…More

Oil futures extended losses in Asian trading on Friday

06:44 am 2018-03-02

Oil futures extended losses in Asian trading on Friday, hitting their lowest level in 10 days, following the US Energy Information Administration's announcement of US oil inventories, which showed a surplus of 3.0 million barrels last week on February 23 Versus a deficit of 1.6 million barrels in the previous weekly reading, beating expectations of a surplus of about 2.4 million barrels, to see stocks rise to about 423.5 million barrels, and stocks remain below the average range for such a time of year. Oil futures fell…More

Oil prices witnessed sharp losses close to 2 percent in Thursdays trading

03:48 pm 2018-03-01

Oil futures are losing heavily in European trading on Thursday, hitting a 10-day low after the US Energy Information Administration announced yesterday US oil inventories, which showed a surplus of 3.0 million barrels last week on Feb. 23 Versus a deficit of 1.6 million barrels in the previous weekly reading, beating expectations of a surplus of about 2.4 million barrels, to see stocks rise to about 423.5 million barrels, and stocks remain below the average range for such a time of year. Oil futures fell for the third day…More

Gold prices fall to the lowest level in 3 weeks

02:52 pm 2018-03-01

Gold futures fell sharply during European trade on Thursday, hitting a three-week low as gold prices fell sharply as the US dollar index rose as market expectations increased the Federal Reserve's rate hike four times during The price of gold fell by 0.50% to reach levels of 1305 dollars per ounce after recording a low of $ 1304 dollars an ounce and opened today's session at 1318. $ per ounce to a high of 1319. dollars per ounce Gold prices ended last month with a loss…More

Gold maintains marginal gains and oil prices experiencing strong losses during US trading

06:13 pm 2018-02-28

Gold futures have maintained their marginal gains in US trading as gold prices rose after hitting a three-week low on Wednesday as market expectations increased the Federal Reserve's rate hike four times this year. Rising by 0.36% to reach $ 1320 per ounce after recording a low of $ 1315.62 an ounce and opened today's session at 1317. $ per ounce to reach the highest level at 1321. $ per ounce Gold prices ended yesterday's trading lower by 0.88%, as the US currency gained against a basket…More

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