Commodities & Futures News

By Philip Blenkinsop

By Henning Gloystein

By Henning Gloystein

By Henning Gloystein

By Humeyra Pamuk

(Bloomberg) -- The world’s largest producer of lithium calmed investor fears of oversupply and slower Chinese demand for the mineral used to power electric vehicles, sending shares surging across the industry.

(Bloomberg) -- Australia’s Treasurer Josh Frydenberg downplayed reports that a major port in northern China has banned coal imports from Australia and says trade ties between the two nations are “exceptionally strong.”

By Barani Krishnan

Positive rhetoric over the trade talks is costing gold dearly.

WASHINGTON (Reuters) - The U.S. Trade Representative's chief agricultural negotiator on Thursday ratcheted up pressure on the European Union to address long-standing issues in bilateral trade talks.

By Barani Krishnan

By David French

By Barani Krishnan

MEXICO CITY (Reuters) - President Andres Manuel Lopez Obrador said on Thursday Mexico will not offer more oil joint ventures between private companies and state energy company Pemex indefinitely, raising doubts about auctions set for October.

U.S. crude oil inventories increased last week, the Energy Information Administration said in its weekly report on Thursday.

WASHINGTON (Reuters) - The U.S. Department of Agriculture expects the value of U.S. farm exports to drop by $1.9 billion to $141.5 billion in fiscal 2019 from a year earlier, led by a steep decline in shipments to China due to an ongoing trade dispute, a department official said on Thursday.

(Bloomberg) -- They are slowly plowing their way across thousands of miles of ocean toward America’s Gulf of Mexico coastline. As they do, twelve empty supertankers are also revealing a few truths about today’s global oil market.

WASHINGTON (Reuters) - The U.S. Department of Agriculture expects the value of U.S. farm exports to drop by $1.9 billion to $141.5 billion in fiscal 2019, versus 2018, led by a steep decline in shipments to China due to an ongoing trade dispute, a department official said on Thursday.

Gold prices pulled back from the 10-month high they hit on Thursday, after the minutes from the Federal Reserve's last meeting revived expectations for a possible U.S. rate hike this year.

Gold prices pulled back from the prior session's 10-month high on Thursday, as markets continued to digest minutes from the Federal Reserve's last meeting, which revived expectations for a possible U.S. rate hike this year.

By Ron Bousso

Gold future price dipped on Thursday in Asia. Risk appetite returned today following reports that the U.S. and China are working on multiple memorandums of understanding (MoU) for a trade deal.

Oil prices rose on Thursday in Asia amid some positive trade news that suggested the U.S. and China would be able to reach a deal by the early March deadline.

By Marianna Parraga, Natalia Chumakova and Ron Bousso

By Henning Gloystein