Friday 12 February 2016
 
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Commodity

Oil steadies on gasoline demand

Oil prices steadied on Thursday at around $46 per barrel, as demand for gasoline and technical buying after a sharp fall the previous day offset worries about a large global supply glut. Brent crude futures were $45.83 by 1039 GMT

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Commodity price slump sends ripples across the globe

In the boom times when the price of gold was soaring, Ebenezer Sam-Onuawonto had a dream job and a dollar salary many times the national average in this mining town in southwestern Ghana. When the price fell, he lost his job as hu

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Thomson Reuters adds commodity monitoring tool

Thomson Reuters has added a tool to monitor and display the flow of commodities along the physical supply chain to its financial markets desktop Eikon. The new tool, ‘Commodity Flows,’ will provide commodity market pro

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DMCC hosts first Islamic commodity trade

The Dubai Multi Commodities Centre (DMCC) has hosted the first transaction on its new sharia-compliant commodity trading platform, a deal done between two local banks, company officials told Reuters on Monday. The Dh50 million ($1

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Global resources 'face pressure over output'

In the final decade of the 20th century alone, 23 per cent of all output was generated at a rapid pace, putting a great stress on resources, according to a leading economic expert. The trade-off between growth and commodity growth

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Reuters launches new interactive map

Thomson Reuters has added an interactive map for monitoring the impact of weather, natural disasters and political events on commodity production and freight to its flagship desktop, Thomson Reuters Eikon. Interactive Map allows c

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Qatar Holdings backs $32bn Glencore takeover

Commodity trader Glencore's $32 billion takeover of Swiss miner Xstrata looked set to go ahead after winning the backing of Qatar Holdings, the bid target's second-largest shareholder. Qatar, an unexpected kingmaker in Gle

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Almarai Q3 profit up 4.7pc to $120m

  Saudi Arabian dairy and food producer Almarai Co posted a 4.7-percent rise in quarterly net profit on Monday but fell short of analysts' forecasts as higher commodity prices and expansion costs ate into earnings.

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Trust Securities expands agri trading

Dubai-based Trust Securities DMCC, a leader in global brokerage, has expanded its agricultural trading division to meet the growing demand of agricultural commodity consumption and re-exports out of the UAE. Trust Securities said that it h

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Trust Securities develops agri division

Dubai-based Trust Securities DMCC, a leader in global brokerage, has expanded its agricultural trading division to meet the growing demand of agricultural commodity consumption and re-exports out of the UAE. Trust Securities said that it h

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