News Topics: Commodity Prices

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Oil Rises With Gasoline Futures To Highest Since May
Thursday, July 27, 2017 Oil prices rose to an eight-week high, as a rally in US gasoline futures spurred further gains this week.

Russia's Novatek Expects 50% CAPEX Growth In 2018, 2019
Thursday, July 27, 2017 Novatek expects capital expenditure to rise by around 50% in 2018 and 2019.

Embattled Noble Links With Rival Mercuria As It Shrinks To Stay Afloat
Wednesday, July 26, 2017 Noble Group, once Asia's largest commodities trader, will tie up with rival Mercuria Energy Group as part of a dramatic downsizing.

Oil Jumps To Near 8-Week High After Big Draw In US Crude Stocks
Wednesday, July 26, 2017 Oil prices rose to near eight-week highs, with Brent crude futures above $50 a barrel.

Extended Norway Gas Plant Outage Lifts British Prices
Wednesday, July 26, 2017 The extension of an outage at Norway's Kollsnes gas processing plant lifted British gas prices.

Kemp: Limits Of Analysis On Commitments Of Traders
Wednesday, July 26, 2017 The precise interactions between different types of commodity traders and their impact on price formation remain largely unknown.

Oil Rallies 3% As US Shale Shows Signs Of Slowdown
Tuesday, July 25, 2017 Oil rose 3.3% to the highest close in more than a month.

Shale Boom May Finally Have Succumbed to Oil's Price Slump
Tuesday, July 25, 2017 Oil's bear market may finally be taking its toll on the shale boom.

Kemp: Hedge Funds Close Bearish Positions In Crude And Gasoline
Monday, July 24, 2017 Hedge fund managers have continued to cover short positions in crude oil and gasoline.

Oil Rises 1% After Saudi Vows To Cap Crude Exports Next Month
Monday, July 24, 2017 Oil rose more than 1%, after leading OPEC producer Saudi Arabia pledged to cut exports.

Oil Dives About 2.5%; OPEC Crude Output Rise Forecast
Friday, July 21, 2017 Oil prices slid on Friday, settling about 2.5% lower after a consultancy forecast a rise in OPEC production.

Oil Settles Down After Early Rally Lifts Brent Past $50
Thursday, July 20, 2017 Oil settles lower in choppy trading, as nagging worries about abundant global crude supplies sank prices after an early rally boosted Brent above $50 per barrel for the first time since June 7.

French Court Repeals Law On Regulated Gas Prices
Wednesday, July 19, 2017 France's highest administrative court repeals a law on regulated gas prices.

Oil Jumps To 6-Week High On Surprisingly Big US Inventory Draws
Wednesday, July 19, 2017 Oil prices jumped almost 2% to a six-week high on Wednesday.

Oil Rises on Strong Demand, Falling Saudi Exports
Tuesday, July 18, 2017 Oil prices rose slightly on Tuesday as Saudi exports fell and solid demand soaked up some of what is seen as an oversupplied market.

Oil Prices Ease on Signs of Steady Output from Some Producers
Monday, July 17, 2017 Oil prices were about 1 percent lower on Monday.

Oil Up 1 pct, 5 pct on the Week
Friday, July 14, 2017 Oil rose 1 percent, boosted by lower U.S. stockpiles, a slight slowdown in U.S. crude production and signs of increased Chinese demand, but trading was volatile as global supply remained strong.

Commodity Weekly: Heightened Intra-OPEC Competition on Horizon
Friday, July 14, 2017 With the efficacy of OPEC-led cuts clearly in doubt, it would behoove cartel members to prioritize individual self-interest.

Oil Rises As Robust Chinese Demand Seen Helping Drain Glut
Thursday, July 13, 2017 Oil prices rose 1.3% after much stronger demand in China overshadowed a downbeat report by the International Energy Agency IEA.

Oil Lingers Near $45 as US Supply Draw Meets Tepid Reaction
Wednesday, July 12, 2017 America's biggest crude stockpile draw since September wasn't enough to get oil markets excited as booming output from shale plays to Libya remain a concern.

Oil Rises After European Storage Data, US Output Reduction
Tuesday, July 11, 2017 Oil prices climb more than 1 percent on Tuesay along with rising heating oil futures on reports showing forecast cuts in U.S. oil production and a decline in European product stockpiles.

Oil Rises Slightly, But Growing Global Supply A Worry
Monday, July 10, 2017 Oil prices rose modestly, but increased drilling activity in the US and uncertainty over Libyan and Nigerian production cuts clouded the future supply outlook.

Oil Posts Weekly Decline as US Drillers Resume Expansion
Friday, July 07, 2017 Oil prices declined for the week, as expanded US drilling activity and added production offset a larger-than-expected drop in stockpiles.

Oil Settles Slightly Up; Rally On US Inventory Draw Fades
Thursday, July 06, 2017 Oil futures settled up slightly, well off session highs, after a sharp but short-lived boost from a much bigger-than-expected decline in US inventories.

Oil Falls, Ending Bull Run, On Rising OPEC Exports And Dollar
Wednesday, July 05, 2017 Oil prices tumbled about 4%, ending their longest string of daily gains in more than five years.

Oil Up for 7th Day But First-half Drop Biggest Since 1998
Friday, June 30, 2017 Oil prices have generally increased in first half of most years.

Oil Extends Gains to Sixth Day on Dip in US Output
Thursday, June 29, 2017 Oil futures ended slightly higher, extending crude's rally to a sixth straight session after a decline in weekly U.S. crude production temporarily eased concerns about deepening oversupply.

Oil Rises More Than 1 pct On US Weekly Production Decline
Wednesday, June 28, 2017 Oil futures climb more than 1 percent to their highest in more than a week as buyers were encouraged by a small weekly decrease in U.S. production and shrugged off a surprise build in crude inventories in the world's top oil consumer.

Oil Up Almost 2% On Weaker Dollar, Short-Covering
Tuesday, June 27, 2017 Oil prices rise nearly 2% and hit a one-week high.

Oil Closes Higher; Growing US Supply Limits Gains
Monday, June 26, 2017 Oil prices settled more than half a percent higher as some traders found bargains after last week's seven-month lows.

Rosneft's Sechin Quits Board Of Russian Commodity Exchange SPIMEX
Monday, June 26, 2017 Igor Sechin, the head of Russia's largest oil producer Rosneft, quits the board of SPIMEX.

Oil Prey for 'Hungry' Bears as Investors Drop Bets on Rally
Monday, June 26, 2017 WTI and Brent, the global benchmark, both entered bear-market territory last week.

Oil in Bear Market Declines for Fifth Week as Supply Climbs
Friday, June 23, 2017 "It's becoming bearish mania," said one analyst.

Oil Bounces Off 10-Month Lows; Crude Glut Still Weighs
Thursday, June 22, 2017 Oil rises a day after hitting 10-month lows, but market sentiment remains negative.

Traders Test OPEC 'Whatever It Takes' Resolve To Defend Oil Price
Thursday, June 22, 2017 When OPEC leader Saudi Arabia pledged in May to do 'whatever it takes' to defend world oil prices, it didn't expect the market to be testing its resolve just one month later.

Oil Drops To 10-Month Low; Biggest First-Half Slide In 20 Years
Wednesday, June 21, 2017 Oil prices ended down more than 2% after hitting a 10-month low in volatile trade.

US Crude Ends At 9-Month Lows On Global Oversupply
Tuesday, June 20, 2017 Oil fell about 2 percent, with Brent settling at seven-month lows.

Oil Falls To 7-Month Low On More Signs Of Growing Crude Glut
Monday, June 19, 2017 Oil prices fell about 1 percent to a seven-month low.

Oil Prices Edge Up; Still Near 2017 Lows On Stubborn Glut
Friday, June 16, 2017 Oil prices bounced up off the year's lows as some producers reduced exports and US rig additions slowed, but the rebound was modest.

Oil Slides, Hits 6-Month Low On Rising Global Production
Thursday, June 15, 2017 Oil prices settled more than half a percent lower after hitting a six-month low.

Oil Sinks To November Lows On Shock US Gasoline Build
Wednesday, June 14, 2017 Crude oil prices slumped nearly 4% to their lowest close in seven months.

Oil Settles Up Before API Reports Surprise US Crude Build
Tuesday, June 13, 2017 Oil prices settled higher after OPEC detailed supply cuts around the world.

Oil Rises On Signs Of US Inventory Declines, Lower Saudi Exports
Monday, June 12, 2017 Oil edged up on signs of inventory declines in the United States and news that Saudi Arabia will limit volumes of crude to some Asian buyers.

America's Stubborn Oil-Supply Glut Catches Funds Off Guard
Monday, June 12, 2017 Crude markets are taking oil optimists by surprise yet again.

Commodity Weekly: A Fracturing OPEC Sends Prices Lower
Friday, June 09, 2017 Few positive signals for oil prices exist in the market at the moment. A further fractured OPEC could potentially lead to increased global supply.

Oil Rises As Nigerian Pipeline Leak Overshadows Supply Worries
Friday, June 09, 2017 Oil prices rose after a pipeline stoppage in Nigeria, but crude still ended the week down nearly 4%.

Oil Falls, Lowest Settlement Since November Output Cut Deal
Thursday, June 08, 2017 Oil prices fell again, with a sell-off continuing the day after data showed a surprise surge in US crude inventories.

As Oil Plumbs New Depths, Someone Sees $80 a Barrel by December
Thursday, June 08, 2017 As Brent crude oil closed on Wednesday at its lowest level since before OPEC and other nations agreed to cut output, someone bet half a million dollars on prices surging to $80 by year-end.

Oil Dives 5% On Surprise Build In US Crude, Gasoline Stocks
Wednesday, June 07, 2017 Oil prices slid 5% to a one-month low, after an unexpected increase in US inventories.

Port Bans Choke Qatar's Commodity Trade As Gas Supply Worries Grow
Tuesday, June 06, 2017 A campaign by leading Arab powers to isolate Qatar is disrupting trade in commodities from crude oil to metals and food, and deepening fears of a possible jolt to the global gas market.

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Brent Crude Oil : $50.97/BBL 1.53%
Light Crude Oil : $48.75/BBL 1.79%
Natural Gas : $2.92/MMBtu 0.68%
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