Analysis: Commodities

Starbucks : Luckin Coffee delays annual filing amid accounting probes

Luckin Coffee Inc said on Wednesday it would not file its annual financial report on time as it was dealing with investigations into hundreds of millions of dollars worth of fabricated sales. ...

Stocks rise despite mixed earnings while investors weigh easing of lockdowns

Stock markets across the globe eked out gains on Tuesday, riding out sharp swings on Wall Street as mixed corporate earnings results and dramatic moves in oil prices delivered yet another dose of...

Brent rises on easing lockdowns, U.S. crude falls amid storage shortage

Oil prices fell on Tuesday with U.S. crude leading the decline, falling about 3% as domestic stockpiles were expected to have risen closer to record highs amid tightening storage despite plans to cut...

Freight : Poland's LOT in talks to convert Boeing Dreamliners for freight

Polish airline LOT is in talks with Boeing to modify its 787 Dreamliner jets into temporary cargo carriers, a LOT spokesman told Reuters, in a move that could help to narrow losses from the...

Dollar stronger as euro zone stimulus uncertainty weighs on euro

The U.S. dollar edged higher against the euro in a choppy session on Thursday after a video conference of European Union leaders looking to set up a joint fund to avert an economic collapse in parts...

Jump in oil sends global equities higher; bonds dip

A jump in the price of oil and the promise of more government stimulus to ease the economic pain inflicted by the coronavirus pandemic helped global equity markets surge on Wednesday, prompting...

Brent crude rebounds from more-than 20-year low; U.S. oil up 20% in wild trade

Brent crude oil rebounded from two days of losses and U.S. futures surged on Wednesday, bolstered by tentative talk of additional supply cuts from OPEC producers and U.S. inventory builds that were...

Negative $40 oil reflects panic - and U.S. crude market economic reality

Traders desperate to avoid owning oil fled the markets on Monday, sending crude futures into negative territory for the first time ever, in recognition that the coronavirus pandemic has sapped demand...

Oil mixed as weak Chinese data, growing U.S. supplies offset Trump plan to ease lockdown

Oil prices were mixed on Friday, with weak Chinese economic figures and rapidly filling U.S. crude storage offsetting bullishness built on U.S. President Donald Trump's outlines for the U.S. economy...

Barrick expects to meet annual targets despite coronavirus-led lockdowns

Barrick Gold said on Thursday it was on track to meet its full-year production targets even as it reported an 8.5% drop in first-quarter gold output due to the impact of coronavirus-driven lockdowns.

Airbnb secures $1 billion investment from Silver Lake, Sixth Street

Airbnb said on Monday private equity firms Silver Lake and Sixth Street Partners will invest $1 billion in the U.S. home rental company, bolstering its finances at a time when the coronavirus outbreak...

Exclusive: Silver Lake to seek more than $16 billion for buyout fund - sources

Private equity firm Silver Lake Partners is preparing to seek at least $16 billion from investors for its sixth flagship buyout fund, braving the economic uncertainty of the coronavirus outbreak,...

Oil: Why does the price of Brent deviates from WTI?

You have to be of a calm nature to follow oil markets recently. Fluctuations are violent due to unpublished data. The market was already suffering from various ills, including oversupply, and its...

WTI: Oil: U.S. storage capacities put to the test

The significant decline in world oil consumption due to the Covid-19 pandemic has added to the turbulence on the supply front with the price war between Russia and Saudi Arabia. The price of crude oil...

BRENT CRUDE OIL SPOT: Oil Surplus and Global Recession Don't Mix

The significant decline in world oil consumption due to the Covid-19 pandemic has added to the turbulence on the supply front with the price war between Russia and Saudi Arabia. The price of crude oil...

Nestle says cuts deforestation in its cocoa supply chain

Nestle, the world's biggest food company, says it has made significant progress removing cocoa produced in protected forests in West Africa from its supply chain as pressure builds from consumers and...

WTI : Crude oil futures rise, but support seen weak

U.S. crude oil futures climbed nearly 3% on Tuesday in light trading as the Trump administration launched an effort to work with Saudi Arabia to stabilise oil prices.

Copper : Echoing recession fears, gold's value rockets versus silver, copper

Gold's relative value to copper has surged to its highest in more than a decade and its worth versus silver is the highest on record as the spread of coronavirus hammers metals with industrial...

How U.S. aluminium recyclers reap dividends from tariffs

North American aluminium recyclers and producers are using import tariffs to boost revenue at the expense of local beer and beverage firms, even though most of the metal used in their cans is not...