Entries by MT Newswires

Weekly Commodities ETF Report: Crude Ends Higher on Tighter Supplies; Gold Slips Lower as Positive China Data Helps Ease Global Growth Worries

April 15, 2019 in , /by

(MT Newswires) – Crude ended Friday’s session higher, hitting $64 a barrel early in the week, on expectations for tighter supplies amid continued fighting in Libya, tighter US sanctions on Venezuela, and sharply lower oil production from the Organization of the Petroleum Exporting Countries (OPEC). Forces under Libya’s UN-backed government said Sunday they had started […]

Waste Management to Acquire Advanced Disposal for $4.9 Billion

April 15, 2019 in /by

7:37 AM, Apr 15, 2019 — Waste Management (WM) has agreed to acquire Advanced Disposal Services (ADSW) in a deal worth approximately $4.9 billion as it seeks to grow its asset footprint in the Eastern half of the US. The deal will see a subsidiary of Houston, Texas-headquartered Waste Management acquire all outstanding shares of […]

Weekly Commodities ETF Report: Crude Logs Gains on Lower Output From Saudi Arabia, Venezuela; Gold Logs Losses Following Strong March Jobs Data

April 8, 2019 in , /by

(MT Newswires) – Crude ended Friday’s session higher, as oil production cuts by Saudi Arabia and declines in Venezuelan output have worn away the balance in surplus that was posted in the fourth quarter of last year. Back home, stockpiles of commercial crude in the US posted a bigger jump than expected last week, growing […]

Weekly Commodities ETF Report: Crude Ends Week Higher as Pressure on Supplies Continues; Grains Lower as Traders Digest USDA Reports

April 1, 2019 in , /by

(MT Newswires) – Crude oil ended Friday’s session higher, as supply issues continued to help boost prices. US sanctions against Iran and Venezuela have put pressure on global supplies, amid signs that Russia is chafing against the pact it made with the Organization for the Petroleum Exporting Countries (OPEC) to cut global output by around […]

Weekly Commodities ETF Report: Crude Ends Week Higher as Global Growth Fears Undermine Demand for Oil Amid Supply Concerns; Gold Higher on Weak Economic Data From US, Eurozone

March 25, 2019 in , /by

(MT Newswires) – Crude prices ended Friday’s session lower on concerns that the global economy is slowing, undermining the case for growth in demand for oil, but over the last five days prices rose, as supply fundamentals improved recently from concerted producer action as well as involuntary output cuts in Iran and Venezuela. The collapse […]