Page 20 - Commodities Research News Today

BP’s Chief U.S. Economist will give a talk to the Lakeshore Chamber of Commerce.

Afternoon report: Corn and wheat continue to trend higher, while soybeans eased lower on Wednesday

Oil prices are heading up this summer, according to Goldman Sachs analyst Jeff Currie who believes prices are being mainly driven by underinvestment in the sector.

Chicago corn futures gained more ground on Wednesday, as adverse weather conditions in key production areas delayed U.S. planting and raised concerns over tightening global supplies. Wheat prices rose nearly 1%, while soybeans ticked higher. The most-active corn contract on the Chicago Board of Trade (CBOT) was up 0.6% at $7.79-3/4 a bushel, as of ...

Spot Gold fell 1.6% to less than $2000 per ounce. 

The Russian invasion of Ukraine has already creaked the world’s economy, and has the potential to do more damage if it doesn’t end quickly

Experts said gold prices are expected to touch Rs 55,000 this year and Rs 62,000 next year.

The geopolitical tension, coupled with the likely slowdown in the global economy and high inflation, can lead to major spike in gold prices.

The three broad issues for this election season are, in alphabetical order, corruption, economy, and foreign policy. All the rest are either side issues (Covid) or motherhood statements including “National Unity.” The idea that the pandemic must be fought with by building new government hospitals is fine. However, the country…

Robust oil demand and moderate supplies alongside rising geopolitical risks are buttressing crude futures.