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Commodities News: Top Commodities Market News Sources

ChAI
Published by ChAI
May 7 2024
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We often receive a common inquiry at ChAI, particularly during discussions with potential clients: where can one find the most current market news and insights regarding Commodities markets? In this article, we've curated a selection of news sources that serve this purpose.

Starting Point

Bloomberg

Bloomberg is arguably the ‘go to platform’ for Commodities market intelligence.

They are a global provider of financial news, data, and analytics and offers extensive coverage of all commodity markets, including breaking news and analytical articles.

Bloomberg's core product is the Bloomberg Terminal, an integrated platform that provides real-time financial data, news, analytics, and trading tools to over 325,000 customers worldwide.

In addition to the Bloomberg Terminal, Bloomberg also operates a global news agency (Bloomberg News), a television network (Bloomberg TV), websites, radio stations, and publishes magazines like Bloomberg Businessweek.

While Bloomberg does offer some complimentary news content on its platforms, full access to its breadth of news and market insights necessitates a paid subscription.

Reuters

Reuters is a leading provider of financial news, covers business, markets, economics, and corporate news from around the world, catering to professionals in the finance industry.

Offering real-time updates and thorough reporting across a wide spectrum of commodity markets, Reuters is a trusted source for timely news, commodity prices, and market analysis spanning sectors such as agriculture, metals, and energy.

While Reuters offers certain news content for free viewing on its platforms, accessing their complete suite of news, commentary, analysis articles, and market insights mandates a paid subscription.

S&P Global Platts 

S&P Platts are a leading provider of information, benchmark prices, and analytics for the global commodities and energy markets. It is recognized as one of the most significant price reporting agencies for the global oil market, providing over 15,000 industry-respected price assessments every trading day. Beyond oil, S&P Platts covers a broad range of commodity and energy markets including metals, agriculture, petrochemicals, shipping,offering in-depth pricing data, analytics, and industry news.

S&P Platts provides some free news content on their platforms, but full access also requires a paid subscription.

Argus Media

Argus Media is an independent media organization that provides news, analysis, and intelligence on a wide range of global commodity markets. They are a leading provider of market data and analysis for industries such as petroleum, natural gas, electricity, emissions, biofuels, biomass, LPG, metals, chemicals, fertilizers, agriculture, and coal, offering comprehensive data and insights.

Argus provides some free content on their platforms, but full access to their news requires a paid subscription.

Additional Sources of Commodities market news via Government and Organisational Bodies

Energy Information Agency

The EIA is an independent agency operating within the U.S. Department of Energy, and plays an important role in collecting, analyzing, and disseminating energy information.

One of the EIA's flagship publications is the weekly Petroleum Status Report, which offers detailed insights into U.S. crude oil and refined product inventories, production levels, imports, and other significant metrics. Oil traders and analysts closely monitor this report as it provides valuable information on the supply and demand dynamics within the oil market

The EIA also publishes other key commodity-related data and analysis, such as reports on natural gas, coal, electricity, and renewable energy markets.

United States Department of Agriculture

The USDA is a federal government agency that publishes a variety of statistical reports and information related to crop production, supply and demand estimates, both for the United States and globally.

As a federal government agency, the USDA collects extensive data from farm operations, conducts field observations, and utilizes sophisticated analytical methods to generate forecasts and estimates.

The USDA releases monthly yield and production forecasts for a diverse range of crops, including staples like corn, soybeans, wheat, and others,

as well as a monthly forecasts of supply and demand for all the major crops globally.

World Bank 

The World Bank's Commodity Markets website, provides data, research, and publications on global commodity markets.

One of the flagship publications available through the Commodity Markets website is the Commodity Markets Outlook report. Published quarterly in January, April, July, and October, this report offers detailed analysis and forecasts of global commodity market developments, as well as their broader macroeconomic impacts.

The Commodity Markets Outlook report covers major commodity groups, including energy, metals, agriculture, precious metals, and fertilizers. It provides in-depth market analysis, examines key drivers influencing commodity prices, and offers insights into supply and demand dynamics.

International Monetary Fund 

The IMF commodity portal is a comprehensive database and interactive platform that provides access to a wide range of commodity price data and information.

It serves as a one-stop-shop for accessing and analyzing global commodity price data and trends, providing valuable information for researchers, policymakers, and others interested in commodities market news.

The Organization of the Petroleum Exporting Countries (OPEC)

The OPEC group provides insights into the global oil market through a series of key commodity reports. These reports offer analysis, data, and forecasts that are closely monitored by industry participants.

Their Monthly oil market report covers supply and demand analysis, oil price movements, commodity markets, product markets, refinery operations, stock movements, and tanker market activity.

World Oil Outlook report that offers projections on future supply and demand dynamics, geopolitical factors, technological advancements, and other factors shaping the medium to long-term outlook for the oil industry.

Other reports include a quarterly OPEC Energy Review, and the OPEC Annual Report, providing charts, graphs, and tables showing information on oil and gas reserves, refining, consumption, exports, imports, pipelines, tankers, and product output.

Alternative free online commodities market news services

Oilprice.com

Oilprice.com is an online destination for up-to-date news, analysis, and data related to the global oil and energy markets, via Independent articles on Oil and Energy news.

It provides detailed analysis and news coverage focused on oil and gas, alternative energy, and geopolitics, and publishes more news than most other energy-related sites online.

Marketwatch

MarketWatch is a leading financial news and information website that provides real-time data, analysis, and reporting on the stock market, economy, and commodities markets.

It serves as a valuable resource for investors, traders, and anyone else who wants to stay informed about the news affecting a range of commodities markets.

Kitko News

Kitco News is a leading financial news outlet that provides comprehensive news, analysis, and commentary covering in-depth analysis of the precious metals and broader commodities markets, with a focus on gold, silver, and base metals, along with the broader financial markets, via a global perspective.

Shanghai Metals Markets

SMM is very good for South East Asia and Chinese metals news and is a leading provider of metals market information, data, and analysis, with a focus on nonferrous and ferrous metals.

Farms.com 

A Canadian company that shares news, insights, and information to support farmers and the broader agriculture industry.

Barchart

Barchart is a financial technology and data company that provides market data, market news, software, and technology solutions to the global financial, media, and commodity industries. It supplies a wide range of market news, data, and analytics.

Print and digital media Commodities news services

Include the Financial Times, CNBC, Wall Street Journal -  Each of these Commodities news stories are sourced from internal contributors, but relevant news articles can be less frequent then the main Online Commodities news providers highlighted above.

The Grocer 

The Grocer is a leading trade publication that provides comprehensive weekly coverage of news, finance, marketing, personnel, and special focus features related to the grocery, food and drink industry and also fast-moving consumer goods (FMCG) businesses.

Commodities Exchanges

Alternatively, the Commodities exchanges themselves publish market news on anything from a weekly to monthly frequency via news letter publication and webinars to their existing members and the wider Commodity community.

Exchanges that offer this include the London Metal Exchange (LME), the ICE exchange, and the US CME exchanges. 

Conclusion

At ChAI,  we look to harness various artificial intelligence processes to extract alot of the relevant commodities news and data analysis that has been mentioned above in this article.

Providing real-time news headlines, incorporating a range of fundamental data like inventory stock levels of specific commodities, or integrating global macroeconomic data that impacts prices across multiple commodity sectors.

If anyone is interested in learning more about ChAI's capabilities and how they can benefit from our AI-driven solutions for commodity market analysis, please feel free to reach out to us at info@chaipredict.com , or visit our website at www.chaipredict.com and take the opportunity to explore this further.

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