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Commodities Prices - Oil prices jump more than 2% as Middle East tensions escalate

02-10-2024 00:08

Oil prices climbed more than 2% on Wednesday on rising concerns that Middle East tensions could escalate, potentially disrupting crude output from the region, following Iran's biggest ever military ...

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Australia revises down commodity revenue forecasts as prices trend lower

SYDNEY, Sept 30 (Reuters) - Australia slightly revised down its forecasts for resource and energy export earnings on Monday as lower prices across a broad range of commodities and a stronger ...

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How the sting of climate change is hurting food commodity prices

Recent soaring commodity prices have been driven by conditions becoming even worse, due to an acute drought caused by El Niño. The effects of climate change is exacerbated by other problems, said ...

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Why oil prices have plunged 3% today

The kingdom is resigning itself to a period a lower prices, sources told the FT. Oil markets spiraled on the news, falling as much as 4% on Thursday. Sign up to get the inside scoop on today’s biggest ...

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Commodity prices surge following Fed’s rate cut

Commodity markets saw an upward trend last week ... Precious metals down except for gold, silver The ounce price of gold reached a record high of $2,658.8, up 1.7%, as analysts stated that the ...

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