commodity trading Latest News

Latest estimates of the Brazilian government owned Libra field could make it the largest crude discovery in the America’s in 30 years.

The world’s largest publicly traded oil firm announces a 55% increase in quarterly profits, on higher crude prices and wider refining margins.

HSBC Holdings Plc and JPMorgan Chase &Co. accused in an investor’s lawsuit for manipulating silver prices by amassing huge short positions.

The world’s largest iron-ore producer expects India’s increasing infrastructure spending to drive iron-ore markets.

Anglo American Plc. has increase third quarter production by 11% to take advantage of strengthening platinum prices.

NRG Energy and Brightsource Energy are to build and operate the world’s biggest solar thermal plant.

U.S oil giant says profits more than double on recovering energy demand.

Precious metals industry gaining popularity as gold prices continue to climb; Hunter Wise Commodities offers opportunities for independent broker dealers to expand revenue potential.

Asia’s largest firm by market value posts results ahead of estimates with a 13% gain in the third quarter.

World’s largest computer-service provider intends using cash to boost pre-share earnings rather than on major acquisitions.

Shares of both exchanges suffered as Australia’s minority government announced that no approval would be granted before exhaustive scrutiny of the deal.

Japans Marubeni Corp. is to pay BP $650 million for four of its deepwater fields in the Gulf of Mexico.

The global supertanker fleet is expanding nine times faster than the demand for oil.

Singapore Exchange Ltd. agreed to buy ASX Ltd. for $8.3 in cash and shares, to compete with Hong Kong.

BP’s new Chief Executive Officer Robert Dudley is under increasing pressure to lift the share price as the company falls further behind Royal Dutch Shell.

The Russian government is to sell a stake in its biggest oil producer as it seeks to raise $59 billion over five years to reduce its deficit.

Australia’s largest oil and gas producer intends spending a record $900 million on petroleum exploration in the financial year ending June 2011.

Increased wind and hydroelectric generation helps lift profits.

Ever increasing sales of portable electronics and battery-powered vehicles will rapidly spur demand for lithium.

Underlining OPEC’s ability to meet growing global energy demands, Saudi Arabia’s petroleum and mineral resource minister said the organizations oil reserves had passed a trillion barrels.

China’s first rate hike in three years is unlikely to restrain demand in the globe’s largest metals user say traders.

Yahoo releases tepid third-quarter revenue growth and expects weaker-than-expected sales in the last quarter sales as it continues to lose market share.

Kazakh mining group ENRC agrees to pay up to $304 million for more iron ore assets in Brazil.

Swiss bank UBS says further U.S. monetary easing could be a “game changer” for commodities.

Steelmakers relieved at the announcement of the collapse of the deal.

BP sells assets to raise money to pay for Gulf of Mexico oil spill.

Some OPEC members are calling for oil to rise to $100 per barrel after the Dollar Index’s 13% drop since June.

The world’s fourth largest gold mining company sees strong fundamentals for the sector.

Wireless spectrum auction has drawn the attention of top telephone and cable companies.

Increasing copper demand, driven by China, likely to result in pressure on current suppliers in the medium term.

Major fuel firms spending in Africa over the last decade may reap fewer rewards as African nations tighten control of the industry.

Google Inc. joins two other companies in a proposed $5bln cable project for future offshore wind farms along the eastern U.S. coastline.

A stronger dollar and OPEC’s indication of unchanged production levels sees the start of slide for crude.

Clean energy funds are not basing investment decisions on the UN’s climate talks as the discussions are too drawn out and seldom deliver conclusive decisions.

Nokia Oyj’s share increase in Helsinki trading after Goldman Sachs announcement.

Royal Dutch Shell Plc has announced that it has dropped its plans for a multi-billion dollar oil sands upgrader in Canada in favor of a gradual increase in capacity through a series of smaller expansions.

CNOOC agrees to buy a stake in a U.S. shale oil and gas field in its first look at the U.S. market since its failed 2005 Unocal bid.

Weak demand and a sluggish global economic recovery may keep OPEC’s output levels stagnant.

New income fund launched to target the UK solar sector seeking to raise £100 million from institutional and high net worth investors.

Spot gold sets new all-time record for third consecutive trading session.

Australian media reports that Rio Tinto is no longer interested in the joint venture.

TNK-BP, the venture between BP Plc and a syndicate of Russian billionaires aims to buy the London-based firms Algerian fields to accelerate overseas expansion.

With the recent addition of the largest offshore wind park to its offshore wind energy generation arsenal, the UK now has a greater capacity than the rest of the world combined.

Anticipation that central banks are to step in to boost economic growth and a report which is expected to show U.S. fuel stocks are dropping are two of the causes for a strengthening crude price.

The world’s largest copper user may drive demand higher than supply.

The new bforex iPhone app. is the only application on the market that allows traders to access ALL features and tools of the trading platform from their iPhone.

New CEO named after Mark Hurd’s controversial resignation.

The $116 billion iron-ore joint venture stalls in the face of regulatory issues.

Tech giant eases investor fears after ex-CEO Mark Hurd’s surprise departure, shoring up share price.

Shorter-term pricing will offer a clearer picture of the markets, producers and consumers needs says world largest mining company.