Entries by MT Newswires

Weekly Commodities ETF Report: Renewed Trade War Jitters Weigh on Precious Metals, Agricultural Commodities; Oil Slumps on Higher Crude Supplies

(MT Newswires) – – Crude ended in negative territory for the week, as the the possibility of a higher crude supply continued to rattle global markets. Next week, the Organization of Petroleum Exporting Countries (OPEC) will hold a meeting where heavyweights Russia and Saudi Arabia will probably signal an increase in production, ending a policy […]

Weekly Commodities ETF Report: Oil Slips Lower on Higher US Output, Possible Venezuela, Iran Production Cuts; Gold Sees Weekly Gain on Trade War Jitters Ahead of G7 Summit

(MT Newswires) – -Crude ended in negative territory for the week, with the weakness in oil prices as traders mulled signs that the US again inched closer to becoming the world’s largest oil producer; this, however, was counterbalanced by risks to the global output from geopolitical worries in Iran and cuts in Venezuela. Data from […]

Weekly Commodities ETF Report: OPEC Output Curbs, Rising US Production Weigh on Oil; Gold Slumps on Strong Jobs Data; Geopolitical Concerns and Trade War Fears Wane

(MT Newswires) – -Crude ended in negative territory for the week — suffering its lowest finish since April, following reports of rising US production as well as the possibility that the Organization of the Petroleum Exporting Countries and its allies would taper production curbs, if not outright boost crude output to help offset output losses […]