Commodities Page 1
Oil prices fall on higher US production figures
Oil prices could be set for another weak day of trading after higher US output figures appeared to outweigh positive sentiment related to falling US stockpiles.
Cereal prices plunge on stronger production forecasts
Cereal prices have plunged over recent weeks as investors have pared expectations for disappointing harvests. Wheat futures have fallen to 433 cents per bushel from 560 cents at the beginning of July.
Iron ore futures rally on production cuts
Miners made strong gains today after iron ore prices hit four-month highs.
Oil prices dip on rising US stockpiles and higher OPEC production
Oil prices have retreated after rising US stockpiles and elevated OPEC production hit sentiment.
ICE hails new silver futures contract
US global exchanges and clearing houses operator Intercontinental Exchange is launching a London silver daily futures contract in September.
Iron ore futures and commodity stocks surge on China strength
Mining stocks were in favour today after stronger data from China´s construction sector sparked a rally in metals prices.
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
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.
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.