Cotton futures ended the Friday session with contracts down 50 to 70 points, as July fell 172 points this week. New crop saw less pressure, down just 100 points. Crude oil prices were up $0.79/barrel. The US dollar index was back up $0.111 to $100.840. The weekly CFTC report showed money managers in cotton futures […]
Cotton Fades Lower into Friday’s Close Read More »
Cotton futures are trading at Friday’s midday, with losses of 55 points in the front months, as thinly traded October is up 8 points. Crude oil prices are back up $0.84/barrel. The US dollar index is back up $0.261 to $100.995. After USDA’s Export Sales report on Thursday, commitments of shipped and unshipped sales are
Cotton Falling Lower on Friday Read More »
Oil drilling rigs Oil prices rose on Friday, on track to post gains for the second consecutive week, following easing trade tensions between the US and China. Brent crude futures for July delivery climbed 0.35%, or 24 cents, to $64.77 per barrel as of 8:08 am KSA time. Meanwhile, US West Texas Intermediate (WTI) crude
Oil prices rise, on track for second weekly gain Read More »
By Irina Slav – May 16, 2025, 1:32 AM CDT Crude oil prices are on track for a weekly increase due to optimism surrounding a potential trade agreement between the United States and China. The International Energy Agency (IEA) has projected a slowdown in global oil demand growth for the remainder of the year, influenced
Oil Set For Weekly Gain on China Trade Deal Hope Read More »
Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – May 15, 2025, 7:00 PM CDT A 90-day trade truce between the U.S. and China has sparked a surge in container bookings. Despite record wind and
China’s Trade Truce Sparks Coal Comeback, Rattles Climate Crowd Read More »
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Fuel price decrease still possible for June, despite recent uptick in oil prices Read More »
HONG KONG — Shares were mixed in Asia on Friday as investors pinned their hopes on weekend trade talks between China and the U.S. U.S. futures and oil prices logged modest gains. China reported that its exports rose at a faster-than-expected 8.1% annual pace in April, down from 12.4% the month before. Exports to the
Asian stocks are mixed after hopes for China-US talks, UK trade deal lift Wall Street Read More »
Children are a precious gift – all parents know that. As adults, we have the privilege and responsibility to care for them, pray for all children’s protection and safety, and help children around us live the full and abundant life for them. Mothers should protect their children, not cause them harm. Unfortunately, this was not
WTI builds on this week’s bounce from a nearly one-month low amid US-China trade talks optimism. The fundamental backdrop warrants some caution before positioning for any further appreciation. Traders might also opt to wait on the sidelines ahead of the crucial FOMC policy decision later today. West Texas Intermediate (WTI) US Crude Oil prices gain
WTI advances to one-week high, closer to mid-$59.00s as traders eye US-China trade talks Read More »
By Charles Kennedy – May 06, 2025, 3:00 PM CDT Kazakhstan’s oil firm KazMunayGas says it is fully prepared for oil price volatility. National oil fund revenues have dropped 43% year-on-year, and Kazakhstan may need to tap into the fund again by fall to cover government spending as lower oil prices offset higher output. The
Revenue Shock Looms for Kazakhstan Despite Strong Oil Output Read More »
