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Commodities

OPEC says winning battle to end oil glut

OPEC and other oil producers are clearing a glut that has weighed on crude prices for three years and may wait until January before deciding whether to extend their output curbs beyond the first quarter of 2018, ministers said on Friday.

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Commodity Chart

Commodity Futures

EnergyMetalsAgricultureLivestock
COMMODITYLASTCHANGE% CHANGEEXP DATETIME2-DAY TREND
NYMEX Crude Oil »
50.66USD
+0.00
0.00%Oct 175:38pm EDTCLc1
ICE Brent Crude »
56.90USD
+0.47
+0.83%Sep 175:59pm EDTLCOc1
NYMEX RBOB Gasoline »
1.67USD
+0.00
0.00%Sep 175:38pm EDTRBc1
Dubai Crude Spot »
55.13USD
+0.00
0.00%Dec 025:00pm EDTDUB-1M
ICE Gas Oil »
541.50USD
+0.00
0.00%Oct 175:10pm EDTLGOc1
NYMEX No2 Heating Oil »
1.81USD
-0.00
-0.12%Sep 175:38pm EDTHOc1
NYMEX Nat Gas »
2.96USD
+0.00
0.00%Sep 175:37pm EDTNGc1
ICE NBP Nat Gas »
43.75GBP
+0.00
0.00%Sep 1711:59am EDTNGLNMc1

More Commodity News

China's August corn imports up 14-fold on year, sugar falls

China imported 380,000 tonnes of corn in August, a 14-fold year-on-year jump, as buyers stocked up on cheaper imports after domestic prices of the grain rose, data from the General Administration of Customs showed on Saturday.

Key Benchmarks

INDEXLASTCHANGE
Thomson Reuters CCI
.TRCCI
407.33 USD
4:59pm EDT
-1.24
(-0.30%)
Thomson Reuters CRB
.TRJCRB
183.57 USD
4:40pm EDT
+0.17
(+0.09%)
Baltic Dry Index
.BADI
1,502.00 USD
8:02am EDT
+32.00
(+2.18%)
S&P GSCI
.SPGSCITR
2,318.58 USD
1:00am EDT
+4.51
(+0.20%)

Markets

S&P »2,502.22+0.06%
Dow »22,349.59-0.04%
FTSE 100 »7,310.64+0.64%
Nikkei 225 »20,296.45-0.25%
US 10YR
+2.253
+0.000
DE 10YR
+0.449
-0.001
JP 10YR
+0.024
+0.000
USD / EUR »0.8364-0.05%
USD / GBP »0.7410+0.00%
USD / JPY »111.9600+0.00%