Archive for the January 30, 2019
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Total and partners including China's CNOOC have made a significant new gas discovery off the coast of Britain at the North Sea Glengorm prospect, with recoverable resources estimated at around 250 million barrels of oil
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Oil prices rose more than 2 percent on Tuesday after the United States imposed sanctions on state-owned Venezuelan oil company PDVSA, a move likely to curb the OPEC member's crude exports and temper concerns about
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Benchmark Tokyo rubber futures fell further on Tuesday, tracking losses in Shanghai futures and on worries about a slowing global economic growth. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for rubber prices in
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Malaysian palm oil futures fell over 1 percent on Tuesday, retreating from seven-month highs hit the previous session on weakness in Chicago soyaoil. The benchmark palm oil contract for April delivery on the Bursa Malaysia
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Raw sugar futures fell in a choppy market on Tuesday, with technical factors largely responsible for erasing some of the previous session's gains, while arabica coffee crept higher. March raw sugar was down 0.11 cents,
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Gold was little changed on Monday, hovering near the $1,300 mark as investors awaited further developments on the US-China trade dispute and the Federal Reserve's interest rate trajectory. Spot gold was near unchanged at $1,302.62
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Gold prices hit a more than seven-month high on Tuesday as investors shun riskier assets on worries over escalation in Sino-US trade tensions after the US Justice Department charged China's Huawei Technologies Co Ltd with
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Gold touched a more than eight-month high on Tuesday as the dollar eased before a US Federal Reserve meeting, with investors cautious about an escalation in US-China trade tensions. Spot gold was up 0.4 percent
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Iraq, a major Middle East grain importer, said on Tuesday it sees local wheat production for the 2018-2019 season reaching almost 3 million tonnes due to higher rainfall. The total area of wheat planted using
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Gold jumped to its highest in more than eight-months on Tuesday, on doubts surrounding US-China trade relations and ahead of a Federal Reserve meeting with increasing expectations for a pause to the central bank's rate
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