Commodities News

Brent crude futures rose above $108 to the highest in more than three months on Monday, extending last week's gains…

Egypt's wheat harvest is shaping up well but farmers doubt it will meet official predictions, threatening the…

Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 1,309 tons of cotton in the week that…

Gold inched down on Monday, extending losses to a third session, on a lack of conviction the U.S. Federal Reserve…

Egypt's state wheat buyer said on Sunday it had surpassed its local procurement target by 700,000 tons and had a…

Total SA (FP)’s plan to invest $20 billion this year and more in 2013 will be aided by oil prices at about $100 a…

BG Egypt started gas production from Phase 8b of its West Delta Deep Marine concession (WDDM) on June 27, the…

Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 1,016 tons of cotton in the week that…

The USA has exempted China and Singapore from complying with Washington’s unilateral sanctions on oil trade with…

Crude-oil futures gained Tuesday, following better-than-expected home price data and as investors continued to…

Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 1,462 tonnes of cotton in the…

Iran has started the implementation of its first gas-to-wire (GTW) project, which will allow the country to export…

Egypt's military rulers have secured record supplies of fuel worth at least $1.2 billion for the summer months,…

Oil futures fell sharply in electronic trading on Thursday, extending heavy losses made the previous day, after…

Gold markets in Egypt are witnessing a state of recession traders and consumers on full alert due to the political…

Crude-oil prices eased in electronic trading Tuesday, but pared earlier losses as the Spanish government managed to…

Gold futures retreated Monday as a Greek election victory for pro-euro politicians dampened demand for the metal as…

The Egyptian Mineral Resources Authority (EMRA) is considering signing contracts with the National Bank of Egypt…

Iran’s deputy oil minister says the inauguration of a new gasoline production unit at the Abadan oil refinery will…

The lower house of Japan's parliament which is mostly comprised of opposition lawmakers passed the bill on Friday…

The global metals prices have mostly declined during the last week of May amid the current state of price…

Inside Basra’s Safafeer market, once famous for its supplied households with kitchen utensils, as well as…

Egypt's state wheat buyer said on Wednesday it had purchased six months' supply from local and international…

Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 502 tonnes of cotton in the week that…

China's Unipec has won the biggest share of Egypt's tender to sell naphtha in the second half of 2012, traders said…

China will cut gasoline and diesel prices June 9, energy consultancy C1 Energy said, citing sources from the…

Members of the Organization of the Petroleum Exporting Countries will hold their first meeting of the year on…

Soyuz Commodities, which has links to Moscow's state grain exporter, has won recognition as an official supplier to…

World food prices dropped in May for a second month in a row, hit by steep falls in dairy products, sugar and other…

State-owned Egyptian General Petroleum Corp (EGPC) is expected to award China's Unipec the bulk of 630,000 tonnes…

Gold futures on Tuesday looked to recoup what they lost in the previous session, finding support as a conference…

Top wheat importer Egypt has bought 2.6 million tonnes of local wheat so far in the 2011/2012 season, up from 2.2…

Egypt, the world's biggest wheat importer, said on Sunday it was looking to use Georgia's Poti port for shipments…

Egypt, the world's biggest wheat importer, has added Poland as a potential supplier of the crop, the country's main…

Top wheat importer Egypt's decision to increase the price premium paid to its own farmers has given fraudsters a…

Norwegian oil and gas major Statoil ASA STO -1.06% said Wednesday that following the pre-acceptance of the cash…

The number of Iranian crude vessels pasing through Egypt's Suez Canal has dropped this year as Western sanctions…

Egypt has bought 1.1 million tonnes of local wheat so far in the 2011/2012 season despite diesel shortages that…

Managing director of the National Iranian Offshore Oil Company (NIOOC) says the biggest gas refinery in the Gulf…

Abdel-Aziz El-Sayed, head of the Poultry Division of the Chamber of Commerce in Cairo, said the prices of the…