Commodities News

Egypt’s wheat production is forecast to rise 1.1 percent this year as farmers plant more and use improved seeds,…

The chairman of Iran's Chamber of Commerce, Industries and Mines (ICCIM) says the Islamic Republic is planning to…

Saudi Arabian Oil, the biggest exporter of crude, will more than double its gasoline imports this month and next to…

Iran announced on Wednesday that it has discovered three new gold mines with 16 tons of proven net gold reserves,…

Iran reportedly plans to ban imports from European companies as part of its counter-sanctions against the European…

Iran has cut oil exports to Germany one day after halting crude sales to Spain as part of its counter-sanctions…

Gold inched up on Thursday, tracking modest gains in the euro as worries about Spain's debt restructuring eased…

Oil prices hovered above $101 a barrel Wednesday in Asia after a report showed U.S. crude supplies jumped more…

International oil services group Aker Solutions has signed a two-year frame agreement with Egyptian oil giant Badr…

Iran's crude oil production is expected to fall by about 500,000 barrels per day by the end of this year due to a…