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Africa's Growth Seen Benefiting From Rebound in Commodity Prices-Report
New York Times - 5/22/2017 6:45:00 AM
NEW DELHI — Africa will see a lift-off in economic growth this year and next on the back of a rebound in global commodity prices, an annual report predicted on Monday. The African Economic Outlook, co-authored by the African Development Bank, the OECD ...
Commodities: Oil prices continue to froth on Opec curb hopes
digitallook.com - 5/22/2017 3:35:00 PM
Crude-oil futures began the week as they left off on Friday, frothing higher on market hopes of Opec extending its output curbs when it meets later this week. At 15:20 BST, Nymex-priced West Texas Intermediate crude was up 0.97% to $50.82 a barrel.
Africa's economy to grow by 3.4 % in 2017, buoyed by rebound in commodity prices: report
africanews.com - 5/22/2017 2:42:00 PM
Africa’s economic growth is seen rising in 2017 on the back of a rebound in global commodity prices. This according to the The African Economic Outlook report, co-authored by the African Development Bank(AfDB), the OECD and the United Nations Development ...
Commodity resin prices slam on the brakes in April
Plastics News - 5/19/2017 9:03:00 PM
Early-year momentum for higher resin prices came to a stop in April, with North American commodity prices either down or flat. The regional polypropylene market in April gave back 5.5 cents of the 20.5 cents it had gained in the first three months of the year.
Imperial Oil: Levered Exposure To Oil Prices At A Fair Price
Seeking Alpha - 5/19/2017 7:27:00 PM
The upstream business segment, by far the largest in terms of capital investment, is heavily exposed to Canadian oil sands projects which are marginal in the current commodity prices enviroment. Yet, records profits from the downstream and chemical ...
Markets set to open higher as oil prices, defense stocks rise
Futures Magazine - 5/22/2017 3:37:00 PM
oil prices are moving higher ... on OPEC expectations," Peter Cardillo, chief market economist at First Standard Financial wrote in a note. "We see a cautious trading session ahead as investors warm up to commodities." Dow e-minis were up 28 points ...
China Plans to Open Up Commodity Trading to Foreigners to Bring Down Prices
hellenicshippingnews.com - 5/19/2017 9:14:00 PM
China buys more raw materials than any nation, but that doesn’t mean it always gets the best prices. So the government is altering domestic commodity exchanges to bring in more foreign investors and expand the country’s influence on global markets.
The Headwinds To Higher Oil Prices
investing.com - 5/22/2017 2:08:00 PM
The issues of supply versus price becomes clearer if we look further back in history to the last crash in commodity prices which marked an extremely long period of oil price suppression. Banks also saw the advantages and were all too ready to lend out ...
Financials, commodity prices lift Australia stock index; NZ flat
sharenet.co.za - 5/22/2017 3:07:00 AM
May 22 (Reuters) - Australia shares rose on Monday and looked set to break a three-session losing streak, as gains in financials, metals and energy companies bolstered the index. The S&P/ASX 200 index rose 0.81 percent, or 46.59 points, to 5,774.7 by 0231 GMT.
Stocks Steady on Outlook for Oil Prices
ih.advfn.com - 5/22/2017 2:48:00 PM
On Monday, a climb in oil prices and Chinese iron-ore futures boosted commodity-linked stocks, supporting shares of energy companies and miners. Brent crude oil rose 0.5% to $53.89 a barrel, touching its highest level in a month ahead of Thursday's meeting ...
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