Egypt says 1 mln T sugar buying plan intact CAIRO (Reuters) - Egypt's plan to buy 1 million tonnes of raw sugar this year remained intact, the country's trade minister said on Thursday, after the state sugar buyer cancelled a 300,000 tonne tender
Oil near $82 as traders eye weak US demand SINGAPOREOil prices fell to near $82 a barrel Thursday in Asia as traders eyed tepid U.S. crude demand amid an overall economic expansion. Benchmark crude for April delivery was down 14 cents to $82.29
NYMEX-Crude choppy, dips on China inflation worry * China inflation sparks concern about monetary tightening * Dollar edges up vs euro, usually bearish for crude NEW YORK, March 11 (Reuters) - U.S. crude oil futures seesawed on Thursday after being weighed
Crude oil storage play at sea over for now By Jonathan Saul and Christopher Johnson - Analysis The trading play, which at one point involved well over 100 million barrels of crude floating off the coast of Britain, the United States and elsewhere,
OPEC to hold supply steady, oil price where it wants U.S. crude futures traded above $81 a barrel on Wednesday, down a couple of dollars from a 15-month high touched in January. The price has averaged $78 this year, well above the $62 of 2009 and enough
UPDATE 1-Ecuador Oil Min sees no OPEC production change * OPEC president Ecuador says no need to alter oil output * Ecuador oil min says oil prices are "relatively stable" (Adds quotations, details) QUITO, March 11 (Reuters) - Ecuador Oil Minister and OPEC
Jobs to go in cocoa plant closure Cocoa producer ADM set to close Hull factory A cocoa factory in Hull is set to close with the loss of 86 jobs, managers have told the workforce. The US owners of ADM Cocoa plan to shut the site in Cleveland
Gold Steadies as Lower Price Boosts Buying Gold edged lower in Europe on Thursday as the dollar firmed against the euro, though the metal was supported by fresh buying interest due to lower prices after a 1.2 percent price fall in the last session.
Commods, financials push FTSE down 0.4%; China data * Commods down on China data * Banks lower as risk appetite wanes * Wm Morrison down on results; Home Retail ups forecasts LONDON, March 11 (Reuters) - Britain's leading share index shed 0.3 percent early
Tunisia bought white sugar from Man at $593/t: trade LONDON (Reuters) - Tunisia bought white sugar in a tender held on Wednesday at $593 per tonne cost and freight from trade house ED&F Man, traders said on Thursday.
TIMELINE-OPEC meets to consider output March 11 (Reuters) - The Organization of the Petroleum Exporting Countries (OPEC) meets to consider oil output policy on March 17 in Vienna, Austria. The 12-member group, which pumps more than a third
FACTBOX-OPEC's compliance with output targets LONDON, March 11 (Reuters) - OPEC's compliance with its agreements to limit oil output has fallen to just 53 percent, according to Reuters calculations. The following table shows how the Organization
Vale turns up heat on iron ore prices The miner, has asked some of the world's top steel producers to pay 80-100 per cent more for their ore supplies in 2010-11
BP strikes $7bn Brazil oil deal The energy group is set to make its first move into the deep waters off the South American country with a $7bn deal to buy oil and gas assets put up for sale by Devon Energy of the US
Queensland picks banks for A$7bn rail IPO The Queensland state government has appointed five banks to run a A$7bn share float of Queensland Rail's coal and freight arm, expected to be Australia's biggest listing this year
Indian harvest hopes sink sugar prices Sugar prices tumbled on Wednesday but crude oil prices breached the $83-a-barrel mark following the latest US weekly inventories data
Banks battle for record inflows into commodities Commodity related exchange-traded products have emerged as a key battleground for investment banks keen to win a share of the record levels of financial flows that investors are ploughing into commodity market
Palm oil futures to be launched in Chicago CME Group, the US derivatives marketplace, is to launch a US dollar-denominated, cash-settled crude palm oil futures contract on May 23
New money inflow set to make records Palladium prices hit a two-year high but crude oil faltered after making early gains while gold moved lower as the dollar strengthened
Oil futures turn upside down As the market flips even further an inverted price pattern is emerging in which we enter a world in which oil demand catches up with supply
Shell and PetroChina offer to buy Arrow Royal Dutch Shell and PetroChina move to take a lead role in Australia's burgeoning coal-bed methane gas sector after making a joint offer for Brisbane-based Arrow Energy
Glencore pledge to sell $1bn in assets Glencore, the Swiss-based commodities trader, pledges to sell at least $1bn in assets over the next six months in order to placate concerns over the company's decision to spend about $2.5bn repurchasing a Colombian coalmine