Commodity outlook: Oil has Rs 30950 in sight to break free

Gold and silver took on more weight on Thursday, backed by widespread demand for precious metals. Oil prices, however, hit a soft patch, weighed down by rising supply going into a market in which consumption is expected to slow. What are the clues commodities are likely to throw up today?

Commodity Classic a Farmer Event Worth Attending

Commodity-Classic-registration-opens Registration opens today (Wednesday 11/14/18) for an agriculture event where every experience, every educational session, and every speaker is selected by farmers and for farmers. Commodity Classic, presented by the nation’s corn, soybean, sorghum, and wheat growers, and the Association of Equipment Manufacturers, has grown every year since 1996. “If

Pressure cranked up on big commodity traders' dealmaking

Campaign groups have cranked up the pressure on the world’s biggest commodity traders, asking regulators to investigate the use of middlemen and well-connected individuals to secure lucrative oil deals in resource-rich countries.Global Witness last week called on the UK, US and Switzerland to examine the activities of Glencore, Vitol

3 Charts That Suggest Commodities Are on the Move Lower

Since the middle part of 2017, an extremely broad range of commodities have managed to trend higher. Predictable behavior near major levels of support and resistance has made this group a favorite among active traders. Recent closes below influential levels of support, as discussed in the paragraphs below, suggest that the uptrends are

Commodity trader Noble reports another loss

Commodity trader Noble Group reported another loss on Tuesday as it prepared to push through a $3.5bn debt-for-equity swap.The Singapore-listed company announced a net loss of $99m for the three months to September, versus a loss of $1.1bn in the same period a year ago. The result was in