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Global food prices fall 1% as supply prospects improve

2013-07-04 16:58:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Global food prices fell 1% in June due to improving supply prospects, the United Nations' food agency has said , raising forecasts for wheat and maize output in the new season. Food prices spiked during the summer of 2012 due to a historic drought in the US but prospects for a rebound in global grain supply and good weather forecasts are now weighing on markets. The Food and Agriculture Organisation's (FAO) price index that measures price changes for a basket of cereals, oil seeds, dairy, meat...

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Today's oil prices decline on uncertain global economic outlook

2013-04-29 01:00:00| Offshore Technology

Oil prices slipped today due to investors concern about the gloomy outlook for growth in the world's two largest oil consumers, the US and China.

Tags: global prices economic oil

 
 

Today's oil prices rise; excess US supply, low global demand caps growth

2013-04-19 01:00:00| Offshore Technology

Oil prices jumped today, after falling for six consecutive days; however, concerns related to higher crude output in the US and lower global demand put a cap on prices.

Tags: low global prices supply

 

Global sugar prices rise despite recent predictions of low ceiling

2013-02-26 06:11:12| Sugar Industry News

Global sugar prices rose in stock markets yesterday, despite recent industry predictions that the commodity would be kept at a low ceiling until late 2013, at the least, due to a surprisingly strong oversupply from Brazil.

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Today's oil prices fall, capped by optimistic global economy

2013-01-23 01:00:00| Offshore Technology

Oil prices dropped today, although the decline was capped after the market received support from a positive global economic outlook and as investors eagerly anticipate inventory data from the US, to offer an indication about demand in the world's lar

Tags: global prices fall oil

 

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