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Oil prices settle lower as U.S. output hits 2-year high

Market Watch - 8/16/2017 7:33:00 AM
The government data also showed the largest weekly decline in U.S. crude supplies since September of last year and they have now fallen seven weeks in a row, but those figures failed to offer any lasting price support for oil during the session.

Gold Prices: Why We Could See A Decline

Seeking Alpha - 8/17/2017 1:19:00 AM
I am bearish on gold and expect that the commodity could decline throughout 2017. Last month, I expressed my sentiment that in light of Brexit and expectations of delays in rate hikes in the United States, we could be set to see gold prices spike up to ...

RPT-North Korea sanctions extend China lead price rally

Reuters - 8/17/2017 1:18:00 AM
a U.S.-based emerging markets and commodities-focused hedge fund. Physical lead prices PB-1-CCNMM have risen 3 percent since the news of the sanctions, trading at 19,400 yuan per tonne on Wednesday, highest since mid-February. Prices are up 21 percent ...

Forex - USD/CAD falls on U.S. data, higher oil prices

investing.com - 8/16/2017 2:34:00 PM
Investing.com - The U.S. dollar fell against its Canadian counterpart on Wednesday, weighed by the release of downbeat U.S. housing sector data, while higher oil prices lent support to the commodity-related Canadian currency. USD/CAD hit 1.2714 during ...

Crude Oil Futures Price Lower Midday Wednesday August 16

investorsbuz.com - 8/16/2017 7:20:00 PM
“A combination of record refinery runs for the time of year and strong exports have encouraged the largest draw to crude inventories in eleven months,” said Matt Smith, director of commodity research at ClipperData. Crude Oil Futures Price decreased 0 ...

SSD prices continue upward march

asia.nikkei.com - 8/16/2017 7:06:00 PM
TOKYO -- Prices of solid-state drives used for data storage in personal computers and servers climbed for a 14th consecutive month in July, underpinned by higher costs for a core component. SSD prices for volume purchasers are up about 20% from the start ...

Oil prices edge lower on OPEC output

United Press International - 8/14/2017 4:00:00 AM
Aug. 14 (UPI) --Crude oil prices edged lower early Monday on signals of declining volatility and reports of a stronger position from OPEC-member Libya. Sandy Fielden, the director of research, commodities and energy at Morningstar, said in a report that ...

OPEC's Oil-Glut Fight Could Last Years

Bloomberg - 8/16/2017 11:49:00 AM
Oil prices have lost 10 percent in London this year as the production ... according to Citigroup Inc. “They are losing revenue,” Citigroup’s Global Head of Commodities Research Ed Morse said in a Bloomberg television interview.

Oil prices pushed lower by strong dollar

Fox Business - 8/14/2017 11:29:00 AM
"Since the end of July we have basically gone sideways with small movements for brent crude, so we are pretty range bound," said Bjarne Schieldrop, chief commodities analyst at SEB Markets. "These price moves are capped by inventory and reactive U.S. shale.

Dollar bear supportive of commodity prices

Delta Farm Press - 8/7/2017 3:15:35 AM
In addition to the following “Expanded near Term Market Outlook Considerations for Week Beginning August 7, 2017,” you can read the slideshow by clicking on the download button at the end of this file.