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Commodity news can come from a variety of sources, including newspapers, magazines, websites, television and radio. In addition to news, there are also articles and videos about commodities that can provide insight into the markets and help traders make educated decisions. Commodity news can be found in print and online, and includes information about the prices, supply and demand of various commodities, as well as commentary from industry experts. Articles and videos can provide an in-depth look at the markets, including analysis of market trends and forecasts.
Shares of major Indian oil marketing companies rallied on Monday as Brent crude prices slid below the $59 per barrel mark — their lowest level since February 2021. Brent has declined by nearly 4.5% in recent trade and has now fallen 20.8% year-to-date, marking the commodity’s worst annual start since 2020.
OPEC+ is implementing another aggressive supply hike. Effective in June, this increase solidifies a shift in policy. With prospects of further large supply increases in the months ahead, we revised our oil forecasts lower, ING's commodity expert Warren Patterson notes.
Multi Commodity Exchange of India (MCX) will announce the results for the fourth quarter and the entire financial year 2024-25 this week. MCX is the largest commodity derivatives exchange in India. It commenced operations in November 2003 and is the sixth-largest exchange globally in terms of the number of commodity derivative contracts traded. Here’s everything you need to know about MCX’s Q4 and FY25 result announcement.
While some politically savvy people may have fallen off their chairs yesterday after the first round of voting for the new German Chancellor, the fx market seemed less than impressed, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.