Commodities Page 1

oil

Saudi ponders crude export cut while US output moves higher

Oil prices moved in and out of negative territory today as hopes of a production cut from Saudi Arabia appeared to largely offset news of a rise in US crude inventories

James Hester
oil

Oil risks slump to $40 per barrel

Oil prices could fall below $40 per barrel this year as a supply glut continues to pressure the market.Longer-term forecasts also point to further downside.

James Hester
cow

UK dairy prices to rise on low supply

The UK´s dairy industry warned of rising prices and low supply, with the potential for shortages of products like butter and cream later in the year.

James Hester
Gold bars

Gold ‘fat-finger’ trade causes dramatic price slump

An accidental ‘fat-finger’ trade may have triggered a dramatic 1.3% fall in the gold price in early UK trading on Monday (June 26), which saw it plummet from $1,253 to $1,243 in just five minutes.

Richard Reed
Cattle

US investment firm fined $1.5m for trying to influence cattle futures

A US investment firm has been fined $1.5m and its senior staff $3.5m by the US regulator for illegally trying to influence the cattle futures market. McVean Trading & Investments of Memphis, Tennesse

Richard Reed
oil

FTSE turns volatile as oil and sterling slide

Sliding oil prices and a return to April lows for sterling leave UK stocks vulnerable to volatile moves with energy stocks and banks exerting downside pressure

Neil Dennis
oil

Oil slides further as production rises

Oil prices softened on Wednesday on the back of rising US oil inventories and higher OPEC production.

James Hester
oil

Oil dips again but investors bullish further out

Oil prices lost further ground in early trading on Friday as the market continued to be rocked by data showing US crude stockpiles had surprised on the upside.

James Hester
oil

Oil rises as Saudi-led coalition severs Qatar ties

Oil prices firmed after a Saudi-led coalition took the unprecedented step of severing diplomatic and economic ties with Qatar.

James Hester




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