Commodities news

Commodities markets summary
Commodities news from around the world
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Global oil demand growth to increase
OPEC predicts that the growth in global oil demand will continue into 2016 as the world economy picks up but oil output will also continue to increase.
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Oil prices little changed
Oil prices barely moved as the International Energy Agency forecast slower growth for global demand next year.
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Global oil demand growth to slow: IAE
In its first estimates for 2016, the IEA forecasts oil demand will slow next year to 1.2 million barrels per day, compared with 1.4 million bpd this year.
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Commodity prices bounce in June
Commodity prices rose 0.7 per cent in June and were up 17.9 per cent in annual terms, weighed down by weaker coal and oil prices.
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Commodity price falls tipped to continue
The price of Australia's top two exports - iron ore and coal - will decline further next year, says NAB economists.
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Commodity prices fall by 1.7 per cent
Commodity prices were down 1.7 per cent in March and fell 19.7 per cent in annual terms, weighed down by weaker iron ore prices.
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Oil prices fall in New York
Oil prices are lower in the US, settling near the $US50 mark but London prices have held up on reports of production drops in the Middle East.
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Commodity prices down again: RBA
Commodity prices fell by 0.9 per cent in Janaury, RBA figures show. Over the past year, commodity prices fell by 20.4 per cent.
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Oil prices have reached 'bottom': Iraq
Oil prices have reached the bottom, Iraq's oil minister says, and are unlikely to fall any further.
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