Category: Commodity News

On Wednesday, natural gas prices took an upturn after a harsh beating from the forecasts of cooling demand. US NGAS futures soared 2.34% or 0.13 points to $5.65 per metric million British thermal units. Accordingly,

On Tuesday, US crude stepped higher as Norwegian offshore workers began a strike, reducing oil and gas output. Accordingly, the West Texas International futures gained 1.45% or 1.51 points to $109.94 per barrel. Meanwhile, the

On Monday, copper prices hovered over a 17-month low as worries about the global economic slowdown intensified. London three-month futures tied to the red metal skidded 2.77% to $8,029.00 per metric ton. This downturn came

On Friday, natural gas prices slightly recovered after slipping yesterday, following the better-than-expected EIA supply report. The US NGAS futures ticked 3.01% or 0.17 points higher to $5.67 per metric million British thermal units. The

On Monday, coffee futures hiked on signs of tight supplies after ICE monitored inventories slumped to a new 22-year low. Arabica contracts soared 4.73% or 10.30 points to $228.05 per pound, extending the previous 4.82%

On Wednesday, natural gas prices surged on a preliminary drop in daily output and expectations for hotter weather over the next two weeks. NGAS futures edged up 3.42% or 0.23 points to $6.80 per metric

On Tuesday, oil prices notched a higher turn after the Group of Seven (G7) countries vowed to add pressure on Russia while lowering energy prices. The US West Texas Intermediate futures added 1.65% or 1.88

On Monday, corn prices took a downturn, pressured by the prospect of improving environmental conditions. Accordingly, maize futures declined 1.08% or 8.12 points to $742.12 per metric ton on the Chicago Board of Trade. In