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How OPEC can get oil prices back to $60 a barrel
hellenicshippingnews.com - 5/25/2017 1:25:00 PM
Oil traders are eagerly anticipating an extension to OPEC’s production cut this week, but one analyst has told CNBC that comments from the oil cartel could be just as powerful in propping up the price of the commodity. “A lot depends on this meeting ...
ETF File: Funds To Buy For Rising Oil And Gas Prices
Seeking Alpha - 5/25/2017 2:10:00 PM
He has also pointed out that oil prices are coming off 15-year lows, and, due to the mean-reverting nature of the commodity, are likely to move higher rather than lower over the next 5-8 years. We now have electric vehicles, EVs, that go 400 miles to the ...
Asia closes higher after Fed minutes; oil prices up ahead of OPEC meeting
CNBC - 5/25/2017 9:27:00 AM
The Aussie dollar is sensitive to moves in commodity prices, such as the fall in iron ore prices seen in the last session. "One could say that when China is importing lots of raw materials, the Australian dollar tends to move higher. Sometimes a lot higher.
A ‘death cross’ and a ‘golden cross’ are forming in oil prices—at the same time
Market Watch - 5/23/2017 7:54:00 AM
A move higher could propel oil futures into what chart watchers deem a bullish pattern, but prices could also unravel for West Texas Intermediate crude trading on the New York Mercantile Exchange for July delivery CLN7, +0.68% Two chart patterns are ...
Domestic Commodity Prices Remain Sticky Downwards as Crop Diseases Keep Prices Elevated
www.proshareng.com - 5/18/2017 4:59:00 AM
Oil stabilised at $52pb due to an unexpected decline in US crude inventories. All eyes are on OPEC’s meeting scheduled for May 25 th. Investors remain cautious as US politics undermine market confidence. Nigeria on the other hand is back on the radar as ...
BRIEF-South Africa's Competition Commission says DSTV Media sales admits to price fixing
Reuters - 5/25/2017 2:08:00 PM
May 25 (Reuters) - South Africa's Competition Commission: * DSTV Media Sales admits to price fixing and agrees to a settlement * DSTV Media Sales has agreed to an accumulative remedy of 180 million rand * DSTV Media sales agreed to pay an administrative ...
Oil Prices Fall on Fears OPEC Cuts Won't Ease Glut
ih.advfn.com - 5/25/2017 2:16:00 PM
Crude prices fell Thursday after major oil producers extended ... takes,' so people were expecting just a little bit more from the meeting," said Nitesh Shah, commodities strategist at ETF Securities, who believes crude is unlikely to go much above $ ...
Gold Prices Decline Ahead of FOMC Minutes Release
NASDAQ - 5/24/2017 6:44:00 PM
Gold Prices Decline Ahead of FOMC Minutes Release Support Found at the 10 Day EMA at $1,249.48 Looking for additional trade ideas for gold and commodities markets? Read our gold market trading guide. Gold prices are dipping this afternoon ahead of today's ...
EUROPE MARKETS: European Stocks Grapple With Lower Liquidity, Oil-price Volatility
Fox Business - 5/25/2017 1:08:00 PM
Utilities, telecom and consumer goods shares were holding higher, but commodity shares were putting in the worst ... Oil: The Stoxx Europe 600 Oil & Gas Index fell 0.9%, reversing course after oil prices sank roughly 2% (Oil%20slides%20below%20$51%20as ...
The Economist online - 5/12/2017 1:01:48 AM
The price of cocoa has plummeted by 36% since the start of 2016, to just under $2 per kilogram. Oversupply is partly to blame: farmers in Ivory Coast, which accounts for around 40% of world supply, are forecast to increase production by 20% in the current ...
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