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Nickel Will Decline till 2010; Wheat, Copper Advance

Commodity Blog | November 13th 2009 by Andrey Moraru

Nickel will slid 8 percent by the end of this year as demand declines. Prices may fall to $16,000 per metric ton in the first half of 2010 before rising in the second half as demand from the stee read more

tconley

EIA Raises 2009-2010 Forecast for Crude and Heating Oil Prices

HeatingOil.com | November 11th 2009 by Tara

NYMEX heating oil performance over the past year. (image: markets.ft.com) On Tuesday, the Energy Information Administration released its monthly short-term energy outlook, forecasting higher oil and fuel prices for the coming year than previously t read more

syach28

Gold price re-scored record highs but USD weaken

Forex trading and Money Management strategy | November 11th 2009 by firman

Commodity market news today about the gold trade in the NYMEX market. Gold prices continue to soar. Gold prices shone again with the re-scored record highs. Data refer NYMEX Comex, gold prices rose 0.9 percent to 1106.6 U.S. dollars per troy ounce.Th read more

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Will Copper Decline in 2010’s Beginning?

Commodity Blog | November 10th 2009 by Andrey Moraru

Copper prices slid in New York on signs of waning demand in China today. Inventories monitored by LME rose for a sixth straight session to the highest since May 5th as there are few domestic buyers and&nbs read more

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Coffee & Copper Rises as Dollar Falls

Commodity Blog | November 9th 2009 by Andrey Moraru

Coffee rose as speculation that world supply will wane and a dollar will drop makes investor buy commodities to preserve their purchasing power. The dollar dropper to a lowest in 15 months versus a basket read more

a1saudi

Major oil exporters eye switch to Argus

Saudi Arabia News and Updates | November 6th 2009

MEXICO CITY – Major oil exporters in Latin America and the Middle East have expressed “strong interest” in switching the basis of their oil prices to Arguss US Sour Crude Index following Saudi Arabias adoption of the index, an Argus read more

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Copper Prices Tumbled to a Week Low as Inventories Grow

Commodity Blog | November 5th 2009 by Andrey Moraru

Copper prices dropped to a week low as growing inventories caused speculation that demand is falling for the metal used in wires and pipes. Inventories monitored by the London Metal Exchange surged to 379, read more

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Oil Advanced After U.S. Inventories Unexpectedly Fell

Commodity Blog | November 4th 2009 by Andrey Moraru

Crude oil gained after the U.S. inventories unexpectedly fell because of declining imports. Stockpiles of crude oil dropped last week to 335.9 million barrels from 3.94 million. Another reason for oil advance is rising equiti read more

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Copper, Coffee, Wheat Fall as Dollar Rise

Commodity Blog | November 3rd 2009 by Andrey Moraru

Copper slid in New York and London after the dollar gained. Prices also fell as stockpiles of metal in LME-monitored warehouses increased 0.4 percent to 373,800 tons. December delivery for copper slid $0.0325 ( read more

tconley

Oil Analyst Engdahl Foreshadowed CFTC’s Critique of Speculation

HeatingOil.com | November 2nd 2009 by Tara

William Engdahl analyzed the role of speculation in oil markets before many other commentators. (image: globalresearch.ca) Last year F. William Engdahl, an Associate of the Centre for Research on Globalization, published an article arguing that the read more

tconley

Heating Oil Weekly Roundup: the Climate Bill, the Future of Energ…

HeatingOil.com | October 30th 2009 by Tara

(image: edsteinink.com) The climate bill underwent three days of debate in the Senate, and all political and environmental analysts are attempting to handicap its chances. At The New Republic, Bradford Plumer assesses the possible Republican gambit read more

tconley

Saudi Arabia Shakes Up Oil Markets By Dropping WTI Pricing

HeatingOil.com | October 30th 2009 by Tara

Saudi crude oil prices will no longer be tied to NYMEX's WTI contract as of January 1, 2010. (image: willis-trading.com) The Financial Times reported Wednesday on Saudi Arabia’s decision to drop the West Texas Intermediate (WTI) oil contract as read more

syach28

Gold price increas after USD weaken and Crude oil price rose

Forex trading and Money Management strategy | October 30th 2009 by firman

Commodity Asia market news today about the trade Gold and crude oil.On trading gold price looks likely to experience a stable movement at the close of trading compared early this morning. Tonight’s the price of gold increased sharply after the read more

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OIL FUTURES: Nymex Crude Dips Below $78/Bbl On Stock Rise

Related News & Stories - MashGet | October 28th 2009

NEW YORK (Dow Jones)--Crude futures fell below $78 a barrel Wednesday after key U.S. inventory data showed a rise in gasoline stocks after analysts had expected a decline.Light, sweet crude for December delivery recently traded $1.70, or 2.1%, lower read more

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Will Gold Fall after Dollar Gained?

Commodity Blog | October 27th 2009 by Andrey Moraru

Gold slid on speculation that the dollar will extend a rally, eroding appeal of the precious metal as an inflation hedge. The greenback advanced for a fourth straight session against a basket of& read more

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Decline of Corn, Soybeans, Gold

Commodity Blog | October 26th 2009 by Andrey Moraru

Corn slumped to the lowest since August and soybeans slid on speculation that farmers in the U.S., the largest producer and exporter in the world, spurred sales to take advantage of the  read more

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Decline of Copper & Cotton Prices

Commodity Blog | October 22nd 2009 by Andrey Moraru

Copper tumbled from a 13-month high in New York as the dollar rebounded, lowering the attractiveness of the metal as an inflation hedge. The dollar went up on speculation that China may cut inves read more

syach28

Nymex ending with price gold and cruid oil increase

Forex trading and Money Management strategy | October 21st 2009 by firman

Commodity market news today about the trade Nymex stock exchange.Closing NYMEX trading early this morning was the price of gold has increased continues.While crude oil prices increased sharply reaching a highest level in recent years over 82 dollars read more

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Gold Rises as Dollar Declines

Commodity Blog | October 21st 2009 by Andrey Moraru

Gold advanced in New York as the weakening dollar increase the attractiveness of the precious metal as a hedge against inflation. A change in gold prices depends on the dollar. The head read more

enivid

Decline of Corn, Soybeans, Coffee, Gold

Commodity Blog | October 20th 2009 by Andrey Moraru

Corn and soybeans slid as a dry weather helps farmers to speed up harvesting in the U.S. Midwest. Rain will return today to western parts of the region and will be moving slowly to the east. read more

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Crude Oil Prices Fell From Record Level

Commodity Blog | October 19th 2009 by Andrey Moraru

Crude oil fell from its highest level in a year on speculation that inventories are too high to justify the increase in prices. Previously prices reached a record $79.05 per barrel, the highest since October 15 read more

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Will Copper Prices Fall Because of Declining Demand?

Commodity Blog | October 16th 2009 by Andrey Moraru

Copper, the metal used in pipes and wires, declined on speculation that growing stockpiles will lower demand. Supplies will exceed consumption because demand is not very high this year. Inventories monitored by the London Met read more

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Decline in Gasoline Inventories Caused Oil Prices to Rise

Commodity Blog | October 15th 2009 by Andrey Moraru

Crude oil advanced to more than $77 per barrel to the highest in a year in New York after a report that U.S. gasoline stockpiles fell as refineries idled units for maintenance. Refineries operations droppe read more

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Will Higher Demand in China and Decline of Dollar Cause Copper t…

Commodity Blog | October 14th 2009 by Andrey Moraru

Copper prices went up after demand for the metal in China increased and the dollar fell. The U.S. dollar slumped to the lowest since August 2008 against a basket of six major currencies. The decl read more

enivid

Oil Rises as Economy Rebounds and Dollar Falls

Commodity Blog | October 13th 2009 by Andrey Moraru

Crude oil climbed to a highest in seven weeks in New York on speculation that the global demand will rise because of economy restoration and a falling dollar. The declining dollar boosted attractivene read more

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Copper Prices Rise with Growing Demand in China

Commodity Blog | October 12th 2009 by Andrey Moraru

Copper prices advanced as demand for the metal continue to rise in China, the biggest metals consumer in the world. Chinese economic growth may surpass an 8 percent annual rate in the third quart read more

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Rising Copper; Low Supplies of Rice

Commodity Blog | October 8th 2009 by Andrey Moraru

Copper prices jumped to the highest in six weeks as the weakening dollar and faster economic restoration signaled that demand for the metal used in pipes and wires may go up. The dollar slumped 0 read more

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Declining Oil & Copper; Cocoa Rose to Highest in Two Decades

Commodity Blog | October 7th 2009 by Andrey Moraru

Crude oil dropped in New York after a report that stockpiles of gasoline and distillate fuel, including heating oil and diesel, rose. Gasoline stockpiles increased 2.94 million barrels to 214.4 million last week; distill read more

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Advancing Palladium & Platinum; Will Jewelers Compensate High…

Commodity Blog | October 6th 2009 by Andrey Moraru

Platinum and palladium advanced as gold climbed to a record after the dollar weakened, boosting appeal the metals a hedge against inflation. Some investors purchase precious metals to preserve their buying powe read more

enivid

Gold Reached the Week-Highest; Gained Corn, Falling Hogs

Commodity Blog | October 5th 2009 by Andrey Moraru

Gold reached the highest price in more than a week as the weakening dollar increases the attractiveness of the precious metal as an inflation hedge. The dollar declined 0.5 percent against a  read more