commodity

Breadcrumb Trail Links PMN Business There will be plenty of fresh data for the oil market to digest as the Organization of Petroleum Exporting Countries and the International Energy Agency both release their monthly market…

Top commodity traders have been reporting record profits for last year after cashing in on the fallout from Russia’s war in Ukraine and the global energy crisis. Now they’re starting to warn the blockbuster numbers probably won’t be…

Breadcrumb Trail Links PMN Business Higher interest rates are forcing commodity traders to rethink some deals and push up prices, in the latest example of how a period of rapid central-bank hiking is reshaping global business.…

Article content (Bloomberg) — Commodity traders likely saw a record $115.6 billion in gross margin last year on market volatility driven by Russia’s war in Ukraine, according to a new report. Article content If confirmed by trading…

The commodity industry made record gross profits of more than $115bn from trading activities last year, as volatile energy prices resulting from the war in Ukraine drove big swings in the market.The biggest gainers were the…

Amid global rate hikes, foreign fund flows are seeing an ‘uneasy equilibrium’ in recent months, Economic Affairs Secretary Ajay Seth said in an interview. Excerpts: How do you place the Budget in the context of global headwinds and…

High interest rates, volatile prices and the war in Ukraine have made it significantly more expensive to finance commodity trade, forcing the industry to hunt for an extra $300bn to $500bn in working capital to keep raw materials…

Diesel makes the economy go, but it was only last year that the price of the fuel became the stuff of dinner-table conversation.Retail diesel prices soared to an all-time high of $5.816 a gallon last June 19, part of the big run-up in…

BHP, the world’s largest mining company, said China would act as a “stabilising force” for commodity demand this year as Beijing’s pro-growth policies offset weak economic performance in other developed markets. The Australian…

Mergers and acquisitions slowed substantially in 2022 as companies faced a mix of financing challenges, including rising interest rates, a pullback in leveraged finance, bond-market jitters and the possibility of a recession.But many…