Commodity

Germany: ‘Diesel crisis’ could hurt our economy

The crisis over dirty diesel engines could hurt the German economy. The German government said Monday that while it was

Rosneft, partners to announce acquisition of India’s Essar Oil completed

NEW DELHI/MUMBAI (Reuters) – A consortium led by Russian oil major Rosneft(ROSN.MM) will announce on Monday completion of a $

The New Safe-Haven Asset: “Digital Gold”

Gold has long been heralded as a safe haven for investors. When stocks get hammered in a crash, gold generally

How Energy Hedge Funds Are Making Money as Oil Prices Stagnate

For the oil-trading community, the fall of hedge fund manager Andy Hall signaled a heavy blow, but while commodity funds

India’s gold imports to rebound in 2017 on restocking, good monsoon – top refiner

PANAJI, India (Reuters) – India’s gold imports are likely to jump by a third in 2017 to 750 tonnes on

MCX to launch gold options in September

PANAJI, India (Reuters) – India’s Multi Commodity Exchange (MCX) will launch the country’s first gold options contract in September allowing

Cheats! OPEC pumps more despite plan to curb supply

OPEC is struggling to keep its promises. U.S. crude oil prices dipped by as much as 1% on Friday after

Indian gold price discounts narrow, Chinese premiums steady

MUMBAI/BENGALURU (Reuters) – Gold demand in India remained sluggish this week as local prices jumped to their highest level in

Gold Prices Are Spiking Because People Are Freaked Out About Nuclear War

Gold climbed to the highest since mid-June, pushing up mining-company shares amid military tensions between the U.S. and North Korea.

Hong Kong cleans up 93 tonnes of palm oil, shuts 13 beaches after huge spill

HONG KONG (Reuters) – Hong Kong has scooped up over 90 tonnes of palm oil and closed more than a