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Cocoa prices are the highest on record as Nigerian flooding further depletes supply

Cocoa futures reached above $10,770 a ton, as the chocolate ingredient looks set.....»»

Category: personnelSource: nytApr 18th, 2024

U.S. oil futures drop nearly 25% for the session

U.S. benchmark oil futures finished lower on Monday as concerns over the COVID-19 loss in crude demand, excess supply and a lack of global storage helped pull prices for the June contract to its second-lowest settlement on record. Liquidity in the nearby.....»»

Category: topSource: marketwatchApr 27th, 2020

Oil plunges 321% into negative territory for the first time ever as demand evaporates

Reuters Oil prices plunged to a record low and into negative territory on Monday as uncertainty mounted about storage for excess supply. WTI crude oil futures expiring in May plunged 321%, to -$40.32 a barrel, while Brent cr.....»»

Category: topSource: businessinsiderApr 20th, 2020

Oil plunges into negative territory for the first time ever as demand evaporates

Reuters Oil prices plunged into negative territory to a record low on Monday as uncertainty mounted around storage of excess supply. WTI crude oil futures expiring in May plunged more than 100% to negative $1.43, while .....»»

Category: topSource: businessinsiderApr 20th, 2020

Oil slumps on worries that supply cuts are playing catch-up to falling demand

Oil prices dropped sharply on Tuesday, with U.S. prices sliding back toward $20 a barrel, as investors bet that fuel demand destruction caused by the coronavirus pandemic would be too much for producers embarking on record global output cuts to offset......»»

Category: topSource: reutersApr 14th, 2020

Oil slides 6% as producer cuts fail to banish demand fears

Oil prices fell around 6% on Tuesday as investors doubted that record OPEC+ supply cuts would soon balance markets as demand plunges due to the coronavirus pandemic......»»

Category: topSource: reutersApr 14th, 2020

Oil slides 5% as producer cuts fail to banish demand fears

Oil prices plunged around 5% on Tuesday as investors doubted that record OPEC+ supply cuts would soon balance markets as demand plunges due to the coronavirus pandemic......»»

Category: topSource: reutersApr 14th, 2020

Oil slides as producer cuts fail to banish demand fears

Oil prices plunged again on Tuesday as investors were unconvinced that record supply cuts could soon balance markets pummeled by the coronavirus pandemic......»»

Category: topSource: reutersApr 14th, 2020

Oil slips as producer cuts fail to banish demand fears

Oil prices edged lower on Tuesday, with investors apparently unconvinced that record supply cuts could soon balance markets pummeled by the coronavirus pandemic, though a predicted plunge in U.S. shale output provided some support......»»

Category: topSource: reutersApr 14th, 2020

Oil prices up 2% after output cut, but demand worries weigh

Oil prices gained 2% on Monday following a record deal among oil producers to cut the rapid rise in supply, a muted impact on the market as the coronavirus pandemic hammers demand......»»

Category: topSource: reutersApr 13th, 2020

OPEC, Russia approve biggest-ever oil cut to support prices amid coronavirus pandemic

OPEC and allies led by Russia agreed on Sunday to a record cut in output to prop up oil prices amid the coronavirus pandemic and said they had an unprecedented deal with fellow oil nations, including the United States, to curb global oil supply by 20%......»»

Category: topSource: reutersApr 12th, 2020

OPEC, Russia approve biggest-ever oil cut amid coronavirus pandemic

OPEC and allies led by Russia agreed on Sunday to a record cut in output to prop up oil prices amid the coronavirus pandemic and said they had an unprecedented deal with fellow oil nations, including the United States, to curb global oil supply by 20%......»»

Category: topSource: reutersApr 12th, 2020

OPEC+ reaches deal on record oil supply cut amid coronavirus pandemic

OPEC, Russia and other oil-producing nations agreed on Sunday to cut output by a record amount, representing around 10% of global supply, to support oil prices amid the coronavirus pandemic......»»

Category: topSource: foxnewsApr 12th, 2020

OPEC+ agrees largest ever oil output cut of 9.7 million bpd: sources

OPEC, Russia and other oil producing nations agreed on Sunday to cut output by a record amount, representing around 10% of global supply, to support oil prices amid the coronavirus pandemic, sources said......»»

Category: topSource: reutersApr 12th, 2020

OPEC, Russia approve biggest ever oil cut amid coronavirus pandemic

OPEC, Russia and other oil producing nations agreed on Sunday to cut output by a record amount, representing around 10% of global supply, to support oil prices amid the coronavirus pandemic......»»

Category: topSource: reutersApr 12th, 2020

Oil sinks as market doubts OPEC supply cuts will be enough

Oil prices tumbled on Thursday on doubts that a deal between OPEC and allies to make a record oil supply cut would be enough to offset the collapse in global fuel demand caused by the coronavirus pandemic......»»

Category: topSource: reutersApr 9th, 2020

Futures Movers: Crude-oil prices post the largest quarterly percentage drop on record

Oil prices on Tuesday reveal the largest quarterly percentage declines on record, and a loss of more than half their value for the month amid a demand slump caused by the coronavirus pandemic and a glut of supply thanks to a Russia-Saudi oil-price war......»»

Category: topSource: marketwatchMar 31st, 2020

Fed move awakens gold, just as supply hits a snag

Gold’s one-day dollar surge is one for the record books. But as mining operations shutdown, the precious metal may soon see prices rally to new heights......»»

Category: topSource: moneycentralMar 23rd, 2020

Commodities Corner: Fed move awakens gold, just as supply of the metal hits a snag

Gold’s one-day dollar surge is one for the record books. But as mining operations shutdown, the precious metal may soon see prices rally to new heights......»»

Category: topSource: marketwatchMar 23rd, 2020

Crude posts biggest weekly losses since 2008, hit by coronavirus and Saudi price war

Oil prices on Friday posted their biggest week of losses since the 2008 global financial crisis, rocked by the coronavirus outbreak and efforts by top exporter Saudi Arabia and its allies to flood the market with record levels of supply......»»

Category: topSource: reutersMar 13th, 2020

Crude posts worst week in a decade, hit by coronavirus and price war eruption

Oil prices on Friday posted their worst week since the 2008 global financial crisis, rocked by the coronavirus outbreak and efforts by top exporter Saudi Arabia and its allies to flood the market with record levels of supply......»»

Category: topSource: reutersMar 13th, 2020