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RSS Commodities News

  • Fears of U.S. Shale Oil Increase Push Oil Down January 18, 2017
    Fears of enhanced production by U.S. shale producers, hoping to cash-in on recent increases in the price of crude have pushed the commodity lower, as concerns rise regarding the potential for significant market-saturation once more. Prices of the commodity had soared in the wake of the signing of the OPEC deal designed to reduce oil-market-saturation, […]
  • Pound Tumbles on Brexit Concerns January 16, 2017
    The pound was down 1.13% against the U.S. and 0.77% against the Euro at 21:15 GMT, as concerns regarding the nature of Britain’s exit from the European Union push the currency to a three-month-low. Beginning the trading week down almost 2% against the dollar in early-hour trading, the British pound remained a vivid illustration of […]
  • Political Uncertainty Pushing Gold Up January 12, 2017
    Gold rose on the notion of increasing political uncertainty and a weakened dollar, after a disappointing press-conference for analysts hoping for some insight into the impending economic conditions during the imminent Trump administration. For months gold rallied and fell, as the tone of political certainly came and went with the results from various polls during […]
  • Increasing Pessimism Surrounding OPEC Deal January 11, 2017
    Oil prices manage a moderate recovery in today’s trading session, climbing back from two consecutive sessions of considerable decrease on fears of member nations failing to comply to designated production cuts, in the first month of the supply-cut deal’s implementation. The once stable OPEC deal is facing increased pessimism as concerns about true supply cuts […]
  • The Fall of the Pound Dampens Elation of Month-Long FTSE 100 Increase January 10, 2017
    The FTSE 100 index enjoyed a December 2016, and New Year on a month-long trend of significant growth, as the index continues to increase subsequent to the Brexit referendum. From the June 23 referendum on Britain’s membership of the E.U. the pound has maintained a general trajectory of significant increase, albeit maintaining a simultaneous notion […]
  • Oil Continues Fall on Fears of OPEC Deal Failure January 10, 2017
    Brent crude, the global oil benchmark slid by 1.29% at 13:30 EST on sustained fears of a potential collapse of the OPEC oil deal signed last November. The deal in which, via the incorporation of non-OPEC members, primarily Russia, and constituent nations of the cartel, most notably Saudi Arabia – the largest oil producer  of […]
  • Oil Makes Moderate Recovery After Sharp Fall on Global Production Concerns January 9, 2017
    The price of WTI and Brent crude oils has made a moderate recovery since bottoming-out during midday trading as analysts question the bullish notion maintained since the OPEC production cut ironed out in the production deal signed last November. Oil nosedived this morning on news Iran and Iraq may not be reducing their oil production […]
  • Dow Retreats to Low 19,900 Region After Scraping 20,000 Mark January 9, 2017
    The Dow Jones Industrial Average was holding at 19903.60 at 14:15 EST after a day of decline in the first trading session subsequent to the index scraping the coveted 20,000 mark by less than a decimal point in Friday’s trading session. After weeks of sporadic increase the prospect of ‘Dow 20k’ entered the minds of […]
  • Despite Beijing’s Efforts, the Yuan Continues to Plummet January 9, 2017
    Attempts by Beijing to stem or reverse the fall of the yuan appear increasingly futile as the currency continues its depreciation against the dollar, reversing gains it had made in trading sessions on January 4 and 5. The yuan had managed to increase its position against the U.S. dollar as Beijing announced new measures to […]
  • Oil Prices Fall on Fears of U.S. Shale Production Increase Combined with Weariness of OPEC Deal January 9, 2017
    Despite optimism experienced in previous trading sessions regarding the OPEC supply cuts ironed out in the November oil production deal last year, fears of a U.S. shale production increase combined with an apparent rise is scepticism regarding OPEC’s capacity to maintain the promised production cuts have pushed oil lower. Brent crude oil, the global benchmark had […]
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