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Harvey sends nearly all commodity resin prices higher

Plastics News - 10/20/2017 8:00:00 AM
The first shock waves from Hurricane Harvey impacted North American commodity resin prices in September. The storm brought high winds, heavy rains and flooding to the Texas coast beginning on Aug. 25. Those conditions led to supply shutdowns for many ...

Oil market trends are setting the foundation for higher crude prices, Schlumberger says

CNBC - 10/20/2017 8:42:00 PM
Positive oil market trends and declining crude stockpiles are "creating the required foundation" for higher commodity prices, according to Schlumberger CEO Paal Kibsgaard. Financial discipline in the U.S. oil patch, a likely extension of OPEC-led ...

Crude Oil Prices - Weekly Outlook: October 23 - 27

investing.com - 10/22/2017 11:36:00 AM
Investing.com - Oil prices settled higher in see-saw trade on Friday, as political tensions in the Kurdistan region continued to disrupt crude supplies. Oil exports from Iraq's Kurdistan towards the Turkish port of Ceyhan were flowing at average rates of ...

How will commodity prices affect India’s GDP growth in 2017, 2018?

Live Mint - 10/11/2017 1:42:55 AM
The International Monetary Fund’s (IMF’s) latest World Economic Outlook has revised down its forecast of average crude oil prices this year, compared to its July estimates. Its non-fuel commodity price forecast, on the other hand, has been revised upwards.

Gold Price Futures (GC) Technical Analysis – Trading on Bearish Side of Major 50% Level at $1286.80

FX Empire - 10/22/2017 1:48:00 AM
A firmer U.S. Dollar also weighed on gold prices because it made the dollar-denominated commodity a less-attractive investment. Increased demand for higher risk assets also helped drive down demand for lower-yielding gold. Stocks were underpinned by the ...

CANADA STOCKS-TSX up as commodity prices help lift energy, mining shares

Reuters - 10/10/2017 3:35:53 PM
TORONTO, Oct 10 (Reuters) - Canada’s main stock index rose on Tuesday as higher commodity prices helped energy and mining shares lead the market higher. Petroleum and gas companies were among the biggest contributors to the index’s gains, including ...

The World Is A 'Minefield,' Gold & Oil To Move Higher - Analyst

kitco.com - 10/20/2017 4:40:00 PM
(Kitco News) - Gold and oil prices should be higher if the market is a true reflection of the geopolitical landscape right now, this according to one analyst, who expects these “bellwether” commodities to gain momentum. “Gold and oil have been ...

Oil Trades Above $51 as Heightened Risk Appetite Props Up Prices

Bloomberg - 10/20/2017 12:19:00 AM
“The stock market is hitting new highs. The risk-on appetite is coming back,” Michael Loewen, a commodities strategist at Scotiabank in Toronto, said by telephone. “The general rhetoric has been OPEC is going to be extending their cuts. We’ve been ...

Gold Prices Rise as Dollar Weakens

The Wall Street Journal - 10/19/2017 10:44:00 PM
Gold prices inched higher Thursday ... The U.S. currency falling makes gold and other dollar-denominated commodities cheaper for foreign buyers. The...

TSX up as commodity prices help lift energy, mining shares

NASDAQ - 10/10/2017 11:35:00 AM
TORONTO, Oct 10 (Reuters) - Canada's main stock index rose on Tuesday as higher commodity prices helped energy and mining shares lead the market higher. Petroleum and gas companies were among the biggest contributors to the index's gains, including ...