commodities

Oil advanced from a three-day low after Greece's parliament approved austerity measures to secure an international bailout, easing concern that Europe's debt crisis will worsen and curb demand for commodities.

Hedge funds reduced bets on higher commodity prices to the lowest level since 2009 just as raw materials headed for their biggest weekly rally in two months.

Oil dropped for a fourth day in New York as the death of North Korean leader Kim Jong Il prompted investors to sell equities and commodities, while Europe was scheduled to discuss its latest step to control the debt crisis.

Kazakhstan has a higher debt rating at Standard & Poor’s than Russia for the first time since 2005 as the central Asian nation spends less of its commodities.

Investors head into this week with added worries about the sustainability of the recent rally and a desire to reduce risk, as shown by the stampede out of commodities on Thursday.

Morgan Stanley's income fell 48 percent in the first quarter on a sharp drop in revenue from sales and trading of fixed-income securities and commodities.

China reported its first quarterly trade deficit in six years Sunday as surging prices for commodities pushed up its import bill.

China reported its first quarterly trade deficit since 2004 on Sunday as surging prices for commodities pushed up its import bill.

Stocks fell Tuesday as commodities rallied to two-year highs.

Precious metals rallied for a second straight week as gold reached an all-time record of $1,301.60 an ounce while silver hit a fresh 30-year high.

In other markets, crude oil gained with other commodities while U.S. stocks surged. Major indexes closed...