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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

US crude falls after US oil inventories report

06:38 pm 2018-03-07

Oil futures continue to post strong losses in US trading for a second straight day, following the US Oil Inventories report.  Where the US Energy Information Administration announced the US crude oil inventories, which showed a decline in the surplus to about 2.4 million barrels last week, compared to about 3.0 million barrels in the previous reading, which came below expectations of a surplus of about 2.6 million barrels, to see the rise of stocks to about 425.9 million barrels. Crude futures fell during…More

Gold futures are losing ground and falling in US trade

06:22 pm 2018-03-07

Gold futures are losing ground and falling in US trade, after hitting a two-week high since Feb. 26, as gold prices fell 0.66% to $ 1326 per ounce after hitting a low of $ 1323 an ounce. And had opened today's session at the level of 1335. dollars per ounce to record the highest level at 1342 dollars per ounce. Following the rise in the dollar index according to the inverse relationship between them following the developments and economic data that followed Wednesday on the US…More

​Oil futures recorded losses for a second consecutive day in European trade

10:49 am 2018-03-07

Oil futures recorded losses for a second consecutive day in European trade on Wednesday, after rising fears of a global trade war, especially after the resignation of economic adviser to US President Donald Trump and a proponent of the principles of free trade, in conjunction with rising concerns about the oversupply in the United States after Higher than expected for US crude inventories. Oil futures fell during European trade, with Brent crude reaching $ 65.32 a barrel and US crude falling to $ 62.17 a barrel. …More

Gold futures recorded marginal gains in European trading

10:34 am 2018-03-07

Gold futures recorded marginal gains in European trading, after hitting a four-day high on Monday, with gold prices rising 0.2% to $ 1336 per ounce after hitting a low of 1334 $ An ounce had opened today's session at 1337. $ per ounce to record the highest level at 1340. $ per ounce. After the US dollar index fell after US economic adviser Gary Cohen announced his resignation after losing his battle not to raise tariffs, which returned fears to the markets that the US administration will…More

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

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