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OPEC sticks to demand forecast, sees balanced Oil market next year – Commerzbank
In its monthly report, OPEC left its forecasts for Oil demand this year and next unchanged, Commerzbank's commodity analyst Carsten Fritsch notes.
Fxstreet
10 minutes ago
Ivory Coast cocoa grind down 38.6% y/y in September, exporters association says
ABIDJAN, Oct 14 (Reuters) - Ivory Coast's cocoa grind down 38.6% year-on-year in September to 33,764 metric tonnes compared with the same period a year ago, data from exporter association GEPEX showed on Tuesday.The total grind from the start of the 2024/25 season in October stood at 588,194 ton...
Reuters
14 minutes ago
PRECIOUS-Gold leaps above $4,100 on Fed rate cut hopes, US-China trade tension
Gold hits record high of $4,179.48/ozTrump on track to meet Xi in South Korea, Bessent saysFed Chair Powell to address NABE annual meeting on TuesdaySilver hits record high of $53.60/ozBy Anushree Mukherjee Oct 14 (Reuters) - Gold prices jumped to a record high above $4,100 on Tuesday, supported ...
Reuters
17 minutes ago
China continues to import large quantities of crude Oil – Commerzbank
Oil prices recovered somewhat at the start of the week from Friday's slump as the US signaled its willingness to negotiate following its latest tariff threat against China, Commerzbank's commodity analyst Carsten Fritsch notes.
Fxstreet
22 minutes ago
Conocophillips CEO says expects oil prices at $70-$75/bbl in mid cycle
Oct 14 (Reuters) - Conocophillips COP.N:CONOCOPHILLIPS CEO SAYS SENTIMENT DOESN’T MATCH THE PHYSICAL MARKET, WE DON’T SEE FLOATING INVENTORIES RISINGCONOCOPHILLIPS CEO SAYS EXPECTS OIL PRICES TO GO TO $70-75/BBL IN MID CYCLECONOCOPHILLIPS CEO SAYS US OIL PRODUCTION CONTINUES TO GROW AT $60-65/BBL WT...
Reuters
22 minutes ago
LMEWEEK-Copper producer Aurubis held talks with US on support for new smelter, CEO says
By Eric Onstad LONDON, Oct 14 (Reuters) - Germany's Aurubis NAFG.DE has held preliminary talks with the U.S. government about support for a new copper smelter in the United States following the launch of a recycling plant there, its CEO said on Tuesday.A new smelter is one of three options Eu...
Reuters
24 minutes ago
EU seeks US alliance to counter China rare earth crackdown
By Philip Blenkinsop HORSENS, Denmark, Oct 14 (Reuters) - The European Union is seeking to coordinate with the United States and other G7 partners a response to tighter Chinese controls on the export of rare earth minerals, trade ministers and officials from the bloc said on Tuesday.China, the wo...
Reuters
37 minutes ago
Zara founder buys UK warehouse leased to Amazon for $108 million: report
MADRID, Oct 14 (Reuters) - Zara founder Amancio Ortega's investment vehicle Pontegadea Inversiones has agreed to acquire PLP's Knowsley warehouse in Britain, near Liverpool, for £81 million ($107.50 million), Place North West real estate news website reported on Monday.Pontegadea declined to...
Reuters
37 minutes ago
After the setback in Copper, the squeeze comes – Commerzbank
The Copper price dropped by around $USD on Friday after US President Trump threatened China with new tariffs of 100% starting next month, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
Fxstreet
37 minutes ago
European Gas prices ease on ample LNG supply – ING
European Natural Gas prices fell for a fourth session, with TTF futures settling below EUR31.5/MWh amid rising LNG inflows and stable inventories, ING's commodity experts Ewa Manthey and Warren Patterson note.
Fxstreet
47 minutes ago
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data.
Silver
Fxstreet
49 minutes ago
Total CEO says we are bullish on oil in medium term
Oct 14 (Reuters) - TotalEnergies SE TTEF.PA:TOTAL CEO SAYS WE ARE QUITE BULLISH IN MEDIUM TERM ON OIL MARKETTOTAL CEO SAYS THERE IS NO PEAK OIL DEMANDTOTAL CEO SAYS BRAZIL IS BECOMING A NUMBER ONE COUNTRY IN TERMS OF GENERATION OF CASH FLOWTOTAL CEO SAYS IT'S THE END OF US OFFSHORE WIND FOR USTO...
Reuters
51 minutes ago
Gold and silver rally to more record highs – ING
Gold rose to a new all-time high with spot prices reaching intraday highs of $4,164/oz in the early trading session today, following strong inflows reported in exchange-traded funds, escalating US-China trade tensions and traders’ confidence that the Federal Reserve’s rate cuts will continue, ING's
Gold
Fxstreet
an hour ago
Silver Price Forecast: XAG/USD trades near $52.00 after pulling back from record highs
Silver price (XAG/USD) maintains its position after retreating from a fresh record high of $53.77, currently trading around $52.40 per troy ounce during the European hours on Tuesday.
Silver
Fxstreet
2 hours ago
OPEC sees smaller Oil supply deficit in 2026 – ING
Oil prices are trading almost flat this morning, with the market focused on Friday’s Trump-Putin meeting. OPEC's expectations of increasing output to ease a supply shortfall next year further weighed on prices, ING's commodity experts Ewa Manthey and Warren Patterson note.
Fxstreet
2 hours ago
Oil falls as US-China trade tensions rattle nerves
Brent crude futures, WTI both fall 1.6%US-China trade tensions, IEA forecasts weigh on marketIEA raises its forecast for global oil supply growth this yearIEA also lowers its demand growth forecastBy Ahmad Ghaddar LONDON, Oct 14 (Reuters) - Oil prices reversed early gains and fell on Tuesday amid...
Reuters
2 hours ago
METALS-Shanghai copper reverses gains amid trade war fears
SHANGHAI, Oct 14 (Reuters) - Shanghai copper declined on Tuesday as fears over escalating trade tensions between China and the United States outweighed long-standing concerns over mine disruptions and supply shortages. The most-active copper contract on the Shanghai Futures Exchange SCFcv1 ...
Reuters
2 hours ago
PRECIOUS-Gold leaps above $4,100 on Fed rate cut hopes, US-China trade tension
Gold hits record high of $4,179.48/ozTrump on track to meet Xi in South Korea, Bessent saysFed Chair Powell to address NABE annual meeting on TuesdaySilver hits record high of $53.60/ozBy Anushree Mukherjee Oct 14 (Reuters) - Gold prices jumped to a record high above $4,100 on Tuesday, supported ...
Reuters
2 hours ago
RPT-BOLIDEN
: BERNSTEIN RAISES TARGET PRICE TO SEK 338 FROM SEK 313
Reuters
2 hours ago
Radiant World expands beyond iron ore trading into metals
By Pratima DesaiOct 14 (Reuters) - Indian commodity trader Radiant World has appointed Liam Brown and Louis McCauley as part of a hiring spree in Europe aimed at expanding its industrial and precious metals trading business after years of trading iron ore. Brown previously worked at Mercuria, Gold...
Reuters
2 hours ago
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