Energy and metal commodity prices are expected to continue to fall in 2020 following sharp declines in 2019 on a weaker outlook for global growth and consequent softer demand, the World Bank said in its October Commodity Markets Outlook.
Oil prices fell on Monday (Nov. 11) as investors feared the United States and China are not that close to resolving their ongoing trade dispute. Brent crude was down 69 cents, or 1.1%, at $61.82 by 0730 GMT while U.S.
Gold inched up on Monday (Oct. 28), after a near 1% jump in the previous session, ahead of the US Federal Reserve's rate decision on Wednesday amid ongoing developments in the China-US trade negotiations.
A vote on whether the European Investment Bank (EIB) should stop fossil fuel financing is further postponed to the next EIB Board of Directors meeting on 14 November 2019, after member states reportedly pushed for a delay in a bid to relax the timeline on new gas projects
The Polish clearing house IRGiT, a member of the Warsaw Stock Exchange Group (GPW Group) and the Baltic-Finnish Gas Exchange GET Baltic signed an advisory services agreement on Monday (Sept. 16) in Vilnius.
The London Metal Exchange (LME) will extend afternoon ring trading times for all base metals starting Sept. 23, the 142-year-old exchange said on Monday (Aug.12).
Brazil's crude steel production underperformed in the first half of 2019, according to the latest figures of the Brazil Steel Institute (Instituto Aço Brasil).
China’s copper import levels fell 27% in June on a year-over-year basis, Reuters reported, as a slowdown in the world’s second-biggest economy continues to weigh on demand for the metal.
Australia trimmed its LNG export volumes forecast for the next two years as the country aims to overtake Qatar as the world's largest exporter of the liquified fuel, the Canberra-based Department of Industry, Innovation and Science said Monday (July 1) in its Resource
Crude oil prices rose on Monday (June 24), extending gains to a third straight session, amid a backdrop of rising geopolitical tensions.