Cocoa and iron ore performed positively for investors, however, with the former rising to a multi-decade high of 72% following difficulties along the supply chain. Iron also rose approximately 55% as China continued to create more houses for its in-demand property sector. Cocoa on the New York Stock Exchange hit a 46-year high and are…
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Oil prices edged higher on Friday as output cuts by OPEC members met with lingering concern that other producers could try to shirk their share of planned decreases aimed at curbing global oversupply, as reported by Reuters earlier today. Brent crude futures LCOc1 were trading at $57.20 per barrel at 1229 GMT (7:29 a.m. ET),…
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Oil prices were set for sixth straight day of declines this Friday, dragged lower by a surge in U.S. crude inventories, timid demand and doubts over the ability of producers to coordinate output cuts. Brent crude futures were at $46.21 per barrel at 0740 GMT, meaning they were down with 14 cents from their last close.…
Read moreMoscow Exchange has announced that it is making changes to the liquidity support programme for its Derivatives Market from 1 September 2016 by adding options on Brent crude futures. This year has seen record levels of trading activity in commodity derivatives at the MOEX. Average daily trading in options on Brent crude futures has soared 58-fold…
Read moreContinuing its multi-asset ethos, FxPro has added Gold which can be traded by the ounce or gram, and Brent Oil Futures to its product range
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