Commodities News

Pimco Calls Worst of Commodity Crunch Over With Oil Seen Gaining

The worst of the collapse in commodities prices is probably over, with oil poised to gain over the next 12 months, according to Pacific Investment Management Co. Just don’t expect a major rebound.

Glencore CEO Cuts Zinc in Battle With Funds Distorting Prices

Glencore Plc billionaire Chief Executive Officer Ivan Glasenberg has declared war on the hedge funds he says are distorting commodity prices and intensifying a price slump.

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