Analysis: Commodities

China dials down coal output to focus on structural reform: Kemp

China's coal production has slowed slightly, after rapid growth in the last two years, as the energy supply situation has become more comfortable, allowing the government to focus on long-term...

Oil prices slip as rate hike worries come into focus

Crude oil futures slid in early trade on Friday on the prospect of higher-for-longer interest rates in Asia and the United States, while falling U.S. oil inventories kept prices from moving lower. ...

China dials down coal output to focus on structural reform: Kemp

China's coal production has slowed slightly, after rapid growth in the last two years, as the energy supply situation has become more comfortable, allowing the government to focus on long-term...

Russia's IKAR raises wheat crop forecasts to 82 mln t

Russia's IKAR agricultural consultancy has raised its forecasts for Russia's wheat crop to 82 million metric tons from 81.5 million tons, it said on Wednesday. ...

Robust Permian output, OPEC spare capacity to keep Brent at $75-90/bbl ceiling, Goldman says

Goldman Sachs expects robust oil production growth in the Permian basin, the largest U.S. oilfield, and high OPEC spare capacity to likely support the ceiling of their $75-90 per barrel Brent price...

Commodities Overview: Oil puts up resistance

Every week, the commodities overview gives you the opportunity to review the latest news on the commodities markets, to better understand the variations in energy, metals and agricultural commodity...

Lexington says assay suggests "substantial" gold presence

Lexington Gold Ltd - gold exploration and development company with projects in South Africa and US - Announces assay results from the recent gold exploration drill programme at its Jennings-Pioneer...

Global nickel prices have probably hit a floor, says Macquarie

Global nickel prices may have hit a floor, according to a Macquarie analyst who sees a market recovery driven by strong demand from the steel sector and as a surplus of ore supplies shrinks after...

US natgas prices fell 3% on forecasts for lower demand, higher output

U.S. natural gas futures fell about 3% on Thursday on lowered demand forecasts for the next two weeks, expectations supplies will soon rise once the Mountain Valley gas pipeline enters service, and...

China's vast copper overhang will clear, one way or another: Russell

The massive overhang of copper in China is starting to work its way through the global market dynamics for the industrial metal, with prices easing and trade flows likely to adjust. ...

Global nickel prices have probably hit a floor, says Macquarie

Global nickel prices may have hit a floor, according to a Macquarie analyst who sees a market recovery driven by strong demand from the steel sector and as a surplus of ore supplies shrinks after...

From northwest to east China, parched regions face drought

BEIJING -Weeks of scarce rainfall in parts of China, coupled with sweltering heat, has brought drought to several provinces, prompting alerts and actions from authorities to minimise the impact on...

China's vast copper overhang will clear, one way or another: Russell

The massive overhang of copper in China is starting to work its way through the global market dynamics for the industrial metal, with prices easing and trade flows likely to adjust. ...

Oil slips on US growth worries, ample crude supply

Oil prices fell in early trade on Wednesday as investors digested news that the U.S. Federal Reserve has opted against cutting interest rates in the near future, while ample U.S. crude and fuel stocks...

Wheat sags on uncertain demand outlook; corn firm, soy sags

CHICAGO, June 12 - U.S. wheat futures fell...

Citigroup Analysts Paint Bearish Picture for Global Crude Oil Prices -- OPIS

Citigroup's global commodities team on Wednesday said crude oil has missed out on what has been a spectacular year for some commodities and has been mostly range bound with volatility at about 10 year...

Gold rush to endure through 2024 though $3,000 mark may prove elusive

Gold's lightning rally to successive record highs shows every sign of continuing in the second half of 2024 as the fundamental case for bullion remains firmly in place, though $3,000 per ounce looks...

Oil demand set to peak by 2029, major supply glut looms, IEA says

Global oil demand will peak by 2029 and begin to contract the next year, the International Energy Agency said on Wednesday, while oil supply capacity is due to vastly outpace demand by the end of the...

IEA SAYS NON-OPEC+ PRODUCERS LED BY UNITED STATES WILL MAKE UP T…

IEA SAYS NON-OPEC+ PRODUCERS LED BY UNITED STATES WILL MAKE UP THREE-QUARTERS OF PRODUCTION CAPACITY INCREASE TO 2030 ...