Commodities

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Oil prices dip, stock market rally stems losses

LONDON - Crude oil prices slipped on Wednesday amid a persistent oversupply of physical oil, but stock market gains globally helped to stem the losses.

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China's crude imports are robust, details are not: Russell

SINGAPORE, Sept 9 - If you were looking for a bright spot in China's dismal trade numbers for August, your eyes may be tempted to focus on crude oil imports.

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Expectations of Saudi oil shake-up stir uncertainty

DUBAI/RIYADH - A shake-up of Saudi Arabia's oil leadership by King Salman has introduced a new element of unpredictability to its energy policymaking at a moment when Riyadh is grappling with slumping crude prices and its war in neighboring Yemen.

Saudi Arabia crude output drops in August: source

DOHA - Saudi Arabia's crude oil production dipped by 100,000 barrels per day (bpd) in August, an industry source told Reuters on Wednesday, but still maintained historically high output levels in line with a strategy of defending market share.

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New IEA chief Birol calls for 'partnership' with China on first official trip

BEIJING - The International Energy Agency's new chief called on Wednesday for a "greater partnership" between his organization and China, the world's largest energy consumer, in his first official trip.

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U.S. crude inventories might be tighter than they look: Kemp

LONDON - U.S. oil markets have been transformed over the last decade by the emergence of oil trading and storage as a major business in its own right, separate from production and refinery operations.

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Can Middle East oil pricing be fixed after China breaks it?: Russell

SINGAPORE, Sept 8 - Nobody is happy with the current state of oil markets in Asia, apart maybe from some Chinese, but they probably shouldn't be that pleased either.

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Tax exemption may be key to move of Keurig's coffee buying to Switzerland

NEW YORK - When Keurig Green Mountain Inc said last December it was shifting its coffee buying operation to Lausanne, Switzerland from its headquarters in Waterbury, Vermont, it said the move would establish the company as a “global beverage player.”

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Exclusive: Mexico cannot consider oil output cut now

MEXICO CITY - Mexico cannot consider cutting oil output at the moment and has not been contacted by either OPEC members or other crude producers to discuss the international oil market, Energy Minister Pedro Joaquin Coldwell told Reuters on Tuesday.

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In Canada's prairies, crude slump puts first oil patch in reverse

LLOYDMINSTER, Canada - Amid the corn and canola fields of western Saskatchewan, oil foreman Dwayne Roy is doing what Saudi Arabia and fellow OPEC producers are loath to do: shutting the taps on active wells.

398.10
Net Change
+0.40
Open
0.00
High
398.11
Low
397.25
Times
09/09 09:06
Data as of9:38am EDT (Delayed at least 20 minutes).
COMMODITY FUTURES
Energy:   Oil, Natural Gas, Electricity
 
 
Grains:   Corn/Maize, Wheat, Barley, Rice
 
Oilseeds:   Soybeans, Rapeseed, Palm Oil
 
Softs:   Sugar, Coffee, Cocoa, Rubber, Citrus, Cotton
 
Livestock:   Lean Hogs, Live Cattle
Commodity Currency Last Trade Price Change % Price Change Trade Time
LIGHT CRUDE CON1  Sep15 USD 45.67 -0.27 -0.59% 09/09 09:25
NO 2 HT OIL CON1  Sep15 USD 1.59 -0.01 -0.41% 09/09 09:27
NATURAL GAS CON1  Sep15 USD 2.66 -0.05 -1.66% 09/09 09:26
100 OZ GOLD MAR4  Sep15 USD 1,112.00 -8.40 -0.75% 09/09 09:20
SILVER 5000 CON1  Sep15 USD 14.63 -0.12 -0.81% 09/09 09:23
HG COPPER CON1  Sep15 USD 2.46 +0.02 +0.80% 09/09 09:23
CORN CON1  Sep15 USC 356.50 +1.50 +0.42% 09/09 08:18
WHEAT CON1  Sep15 USC 465.50 +0.25 +0.05% 09/08 21:14
SOYBEANS CON1  Sep15 USC 891.00 +0.25 +0.03% 09/08 22:22
SUGAR 11 CON1  Sep15 USC 11.11 +0.04 +0.36% 09/09 09:26
COFFEE C CON1  Sep15 USC 116.20 +0.35 +0.30% 09/08 11:23
COCOA CON1  Sep15 USD 3,226.00 +58.00 +1.83% 09/08 10:33
FROZEN OJ CON1  Sep15 USC 126.25 -2.95 -2.28% 09/08 09:54
COTTON NO 2 CON1  Oct15 USC 63.94 +0.65 +1.03% 09/09 03:40
LIVE HOGS CON1  Aug15 USC 69.28 +0.50 +0.73% 09/09 09:25
LIVE CATTLE CON1  Aug15 USC 144.00 +0.52 +0.37% 09/09 09:27
Data as of9:38am EDT (Delayed at least 20 minutes).

Markets

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Sector Summary

Short Term Rates
Prime 3.25
Discount 1.25
Fed Funds 0.25
1 Month Libor --
3 Month Libor 0.32
Date as of 09/09 09:38 (Delayed at least 20 minutes)