Commodities Archives - Page 11 of 260

3 minute read

OPEC+ Likely To Extend Production Cuts Amid Rising Summer Demand: Report

May 31, 2:33 AM

The Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, are expected to extend their current production cuts this weekend, as per delegates and analysts.

IEO

2 minute read

Commodities

Regulatory Approvals For US Steel Deal; BHP-Anglo American Deal Falls Through; US GoldMining Sustainability Highlights And More: Thursday’s Top Mining Stories

By austin@walkonholdings.com

May 30, 4:31 PM

Regulatory Approvals For U.S. Steel Deal; BHP-Anglo American Deal Falls Through; U.S. GoldMining Sustainability Highlights And More: Thursday's Top Mining Stories

AAUKF

3 minute read

Gold Gains 1%; Best Buy Posts Upbeat Earnings

By Avi Kapoor

May 30, 2:48 PM

U.S. stocks traded lower toward the end of trading, with the Dow Jones index falling more than 300…

BBY

2 minute read

Glencore Postpones Coal Spinoff Discussions Until Teck Deal Closes

By Stjepan Kalinic

May 30, 2:19 PM

The coal business has been one of Glencore's most profitable divisions, driving record returns in recent years.

GLCNF

2 minute read

Tech, Blue Chip Stocks Drop; Small Caps, Real Estate Rebound As Yields Ease; Solar Industry Shines: What’s Driving Markets Thursday?

By Piero Cingari

May 30, 1:57 PM

Wall Street experienced another decline on Thursday, with major large-cap indices affected by a downturn in the tech and communication services sectors. Investors shifted their focus to market areas that have underperformed compared to tech over the past year, such as small caps, real estate and solar stocks.

1 minute read

Exxon Shrinks Footprint In Nigeria Despite Renewal Of Lease On Lagos Office: Report

By Lekha Gupta

May 30, 12:49 PM

Exxon is relocating staff from the 12-floor Mobil House, reportedly leased at $10 million annually, to a six-floor office building in Ikoyi.

3 minute read

Nasdaq Down Over 100 Points; US Crude Oil Inventories Decline

By Avi Kapoor

May 30, 12:00 PM

U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling more than 100 points on Thursday.…

AMSC

3 minute read

Dow Tumbles Over 300 Points; Dollar General Earnings Top Views

By Avi Kapoor

May 30, 9:55 AM

U.S. stocks traded lower this morning, with the Dow Jones index falling more than 300 points on Thursday.…

ANF

2 minute read

US Q1 Economic Growth Downwardly Revised To 1.3%: Consumer Spending Falters

By Piero Cingari

May 30, 8:45 AM

US Q1 2024 economic growth was upwardly revised to 1.7% with higher inflation, while jobless claims rose to 220,000, slightly above expectations.

GLD

2 minute read

Asia Markets Slide, Europe Advances, While Crude Oil Falls Below $80 Again – Global Markets Today While US Slept

By Akanksha Bakshi

May 30, 6:42 AM

Asian markets experienced a downturn on Thursday, with Japan's Nikkei 225, Australia's S&P/ASX 200, India's Nifty 50, and China's indices all closing lower. The European markets showed mixed results, while commodities saw Crude Oil WTI, Gold, Silver, and Copper trading lower. The overall market performance reflects the dynamic economic conditions and varied sector performances.

ADIV