Crude futures settled Thursday at multi-year lows on a stronger US dollar and persistent concerns about oversupply. NYMEX January crude settled down 57 cents at $34.95/b, lowest front-month settle since February 2009. ICE February Brent ...
Tags: Crude, ULSD, crude stocks
The Chinese currency has seen sharp volatility against the US dollar this week as a strengthening dollar stokes worries of the yuan's depreciation. The yuan continued to decline against the dollar on Wednesday with its spot exchange rate ...
Tags: China's New Yuan, Chinese currency
All three nearby futures contracts closed higher for the third consecutive week. Strong export demand and concerns about cold, dry conditions in the U.S. Plains pushed futures to a two-month high on Wednesday. Profit taking efforts led to ...
Tags: Wheat Price, Food
Continued pressure from ample global wheat supplies pushed all three futures markets lower this week. Increased export demand and threats of winterkill lent some support midweek. CBOT March wheat dropped 10 cents to $5.56/bu. KCBT fell 12 ...
Tags: Wheat
Wheat futures closed mixed on Friday, marking the first time in seven weeks a nearby contract closed higher than the previous week. Stronger export demand for U.S. supplies combined with cold temperatures that threaten winter wheat ...
Tags: Wheat, Ample global supplies
Wheat futures closed lower this week on continued pressure from record global supplies and poor export demand for U.S. wheat. Futures dropped sharply after USDA revised up its record-high world production forecast on Friday. CBOT wheat ...
Tags: Wheat, U.S Wheat PriceC, U.S Food Price
All three wheat futures closed lower than the last report on December 20. Abundant world supplies and weakness in the corn market pushed futures to their lowest point since May 2012 on Thursday. Bargain buying on Friday helped notch the ...
Tags: Wheat, Agriculture, Food
On Thursday, the CME Group corn market is leading the way up, soybeans down. At mid-session, the March corn futures contract is trading 1 1/2 cents higher at $4.23. The March soybean futures contract is trading 18 cents lower at $12.76. ...
Tags: Agriculture, Food, Corn, Soybeans
On Thursday, the CME Group soybean market plummeted on improved crop prospects in South America. The March corn futures contract settled 1 1/2 cents lower at $4.20. The March soybean futures contract finished 22 cents lower at $12.70. ...
Tags: Agriculture, Food, Soybeans
All three futures markets fell to contract lows this week, pressured by rising global supplies that will compete with U.S. exports. CBOT and KCBT March contracts each lost 15 cents this week to close at $6.14/bu and $6.57/bu, respectively. ...
Tags: all three futures markets, US, Wheat Price
The oil complex nudged slightly higher during light trading Tuesday. Those gains were led by NYMEX August RBOB, which settled 4.23 cents higher at $2.9260/gal. NYMEX August crude settled 39 cents higher at $103.53/barrel, while ICE August ...
NYMEX August crude settled $1.43 higher at $97.99/barrel Monday on Middle East tensions and as better-than-expected manufacturing data from Europe helped boost US equities. NYMEX's rise outpaced ICE August Brent's 84-cent gain to $103/b, ...
Tags: US Dollar Index
Oil futures accelerated a bullish climb shortly ahead of the 2:30 p.m. EDT (1830 GMT) NYMEX market settle to close Thursday sharply higher amid rising equities and a weaker dollar. ICE July Brent expired up 76 cents at $104.25/b, after ...
Tags: Oil Futures, Chemicals
Crude futures diverged late in the US trading day Wednesday, as the front-month ICE Brent contract slid from a session high of $104.07/b to a low of $102.85/b in a little over 40 minutes. ICE July Brent settled 20 cents lower at ...
Tags: Crude Markets, Chemicals, Brent
NYMEX July crude settled $1.48 higher at $93.45/barrel Monday, largely holding to overnight gains following better-than-expected eurozone manufacturing data. Weak US manufacturing data put downward pressure on the US dollar, which ...
Tags: Oil Complex, Us Dollar