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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

Gold prices rises with dollar decline and stock futures rise

10:31 am 2019-09-20

Gold prices rose as investors shifted focus to trade negotiations between the United States and China, following a series of monetary policy decisions from central banks around the world this week. Talks between US and Chinese negotiators were held in Washington on Thursday - scheduled to end today - for the first time in two months in a bid to find common ground to pave the way for high-level negotiations in October.  US stocks rise slightly after…More

Oil prices rise with decline in supply after Aramco lubricants

08:18 am 2019-09-20

Brent crude continued to rise on Friday, heading for the biggest weekly gain since January, amid tensions in the Middle East. On the one hand, heavy rain from tropical storm Imelda in the United States forced a major refinery to cut production and shut down a major oil pipeline in Texas. Saudi Foreign Minister: The attack on Aramco is an attack on the world Saudi Foreign Minister Adel al-Jubeir said on Thursday that the…More

Oil rises after report on Saudi Arabia's inability to meet demand

12:55 pm 2019-09-19

Oil prices rose sharply on Thursday after CBS News quoted an unnamed US official as saying that Iran's supreme leader, Ayatollah Ali Khamenei, approved last weekend's attack on Saudi Arabia's oil infrastructure targeting Aramco. . In another development, the International Energy Agency welcomed the statement made by Saudi Energy Minister Prince Abdul Aziz bin Salman on the re-production of Saudi suspended Internet, after Saturday's attacks. Report: Saudi Arabia seeks to import oil and fuel…More

Gold retreat despite the US Federal decision to cut interest rates

09:25 am 2019-09-19

Gold fell after rising yesterday for the third straight session, after the Federal Reserve cut interest rates for the second time this year as expected. US stocks fall ahead of market after rate cuts US stocks fell in pre-market trading on Thursday as investors digested the Federal Reserve's decision to cut interest rates. The divided Federal Reserve cut interest rates by 25 basis points to a target range of 1.75%…More

Oil rises after decline yesterday amid optimism about Saudi production

08:53 am 2019-09-19

Oil prices rose after falling yesterday in light of optimism about Saudi production, as well as statements by the Director of the International Energy Agency. The Director of the International Energy Agency "Fatih Birol" said that the global oil market still has enough supplies, and that there is no need to withdraw from emergency stocks .  UAE joins US-led coalition to protect Gulf water routes On tensions with Iran, the United Arab Emirates has joined…More

Oil prices stabilize amid rising tensions in the Middle East

09:19 am 2019-09-18

Brent crude has stabilized amid optimism about Saudi production, and is awaiting the results of the Federal Reserve meeting to be released today with expectations of a US rate cut. Amid rising tensions in the Middle East Saudi Oil Minister: It is still not clear who is behind the Aramco attacks Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman told a news conference on Tuesday that he still did not know who was responsible…More

Gold futures decline ahead of the Fed's interest rate decision

08:30 am 2019-09-18

Gold futures fell with a marginal rise in the dollar as investors turned their attention to the Federal Reserve's meeting, which will end later today, as interest rates are expected to be cut by a quarter percentage point. Wall Street falls slightly ahead of Fed investors Wall Street eased slightly on Wednesday as strong oil prices continued to dominate markets in the wake of Saudi Aramco attacks that have heightened tensions between the United…More

Gold prices fell during Wednesday and stabilized above 1500 dollars

10:52 am 2019-09-17

  Gold trimmed losses to trade at $ 1,498.32 an ounce after falling during the magnified trading prices had risen yesterday after the terrorist attacks on two oil facilities in Saudi Arabia - with the dollar rising as investors turned to the Federal Reserve meeting, which will start later today and ends Wednesday . US stock trading slightly changed the market A reading of Wall Street equity indices on Tuesday ahead of the opening…More

Oil contracts are trading lower after an increase in ten years

09:09 am 2019-09-17

Crude oil prices retreated on Tuesday but maintained strong gains from this week's attack on Saudi Aramco oil facilities. Aramco: Full energy production expected to return in two weeks One day of the week in Saudi Arabia. They had been exposed to time at the end of the week, leading them to a 5% drop in global oil production as they process the star 5.7 million barrels per day, accounting for…More

Prices of precious metals are rising with the demand for safe havens

10:15 am 2019-09-16

Gold rose to trade above $ 1510 an ounce, following terrorist attacks in Saudi Arabia on the Aramco factories. On Saturday, drone attacks on Saudi Arabia's largest oil processing plant sharply raised world oil prices and reinstated the specter of retaliation. The United States has accused Iran of being behind drone attacks on Saudi oil facilities.   Gold prices rose higher as further interest rate cuts were expected from the US Federal…More

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