Oil prices fall on weak demand indicators, China data
By Laura Sanicola (Reuters) - Oil prices fell in early Asian trade on Thursday on weaker-than-expected Chinese manufacturing data, but investors maintained caution ahead of an OPEC+ meeting...
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| Gold | Dec 23 | 2,043.90 | 2,058.00 | 2,043.50 | -3.20 | -0.16% | |||
| XAU/USD | - | 2,043.57 | 2,046.88 | 2,042.68 | -0.71 | -0.03% | |||
| Silver | Dec 23 | 25.005 | 25.543 | 24.965 | -0.067 | -0.27% | |||
| Copper | Mar 24 | 3.8357 | 3.8363 | 3.8213 | +0.0019 | +0.05% | |||
| Platinum | Jan 24 | 939.20 | 940.20 | 937.00 | -0.40 | -0.04% | |||
| Palladium | Mar 24 | 1,035.03 | 1,040.00 | 1,034.00 | -4.47 | -0.43% | |||
| Crude Oil WTI | Jan 24 | 77.66 | 77.77 | 77.46 | -0.20 | -0.26% | |||
| Brent Oil | Feb 24 | 82.59 | 82.99 | 80.72 | -0.08 | -0.10% | |||
| Natural Gas | Jan 24 | 2.788 | 2.800 | 2.787 | -0.001 | -0.04% | |||
| Heating Oil | Jan 24 | 2.7944 | 2.8053 | 2.7905 | -0.0099 | -0.35% |
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| TR/CC CRB ex Energy TR | - | 338.39 | 338.39 | 338.39 | +0.00 | +0.00% | |||
| TR/CC CRB Orange Juice | - | 1.9496 | 1.9813 | 1.9423 | 0.0000 | 0.00% | |||
| TR/CC CRB Unleaded Gas | - | 10.3611 | 10.3711 | 10.1018 | +0.0000 | +0.00% | |||
| TR/CC CRB Heating Oil | - | 10.3573 | 10.3958 | 10.1454 | +0.0000 | +0.00% | |||
| TR/CC CRB ex Energy ER | - | 166.89 | 166.89 | 166.89 | +0.00 | +0.00% |
Commodities News & Analysis
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Oil prices dip as China PMIs disappoint, OPEC+ cuts in focus
Investing.com-- Oil prices fell in Asian trade on Thursday tracking weak economic signals from top importer China, with traders now holding out for an upcoming OPEC+ meeting where the cartel...
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Oil prices gain near 2% on expectations of deeper OPEC+ cuts
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Oil prices settle higher after supply disruptions; OPEC+ meeting eyed
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Traders Don’t See OPEC+ Substantially Lifting Oil Prices
Portfolio managers continued to be bearish on crude oil prices ahead of the now-delayed OPEC+ meeting, further selling off Brent and WTI futures and options and halving the net bullish bet...
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Politics and technology are pushing oil firms to cut methane
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Dry Bulk Market: Muted fleet growth helps maintain market balance
In our base scenario, we expect cargo demand to grow by 2.5-3.5% in 2023, 0.5-1.5% in 2024 and 1-2% in 2025. Average haul could increase by between 0.5% and 1.5% in 2023 and between 0% and...
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BIMCO: Growing oil market imbalances drive tanker improvements
We forecast that the crude tanker market will end 2023 with cargo volume growth of between 0.5% and 1.5% but see tonne miles increase between 4.5% and 5.5%. Cargo volume growth is predicted...
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Nordic American Tankers: The direction is up in a strong market
For decades, the experience is that uncertain times create demand for our ships. We see that there is a scarcity of tankers. The NAT fleet is busy supplying energy to many parts of the...
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South Korea’s LNG Overbuild
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