From Investing.com: 2025-04-30 04:35:00

Oil prices fell for the third straight session, with WTI dropping below $60/bbl and ICE down 15% this month. API reported a bearish inventory with US crude oil stocks up 3.8m barrels. Middle East crude demand remains stable, with Saudi Arabia expected to raise prices for Asian buyers in June. (Source: ING)

ICSG forecasts a copper surplus of 289kt in 2025 due to higher mine supply and smelting capacity. Global mine production expected to grow 2.3% this year and 2.5% in 2026. Refined output to increase 2.9% this year. Apparent consumption to rise 2.4% in 2025. Chinese demand drives price increase. (Source: ING)

Arabica-Robusta coffee spread at US¢178/lb due to poor Arabica supply in Brazil. CONAB forecasts 12.4% YoY decline in Arabica production and 17.2% increase in Robusta. Brazilian sugarcane production to fall by 2%. Sugar production expected to rise 4% to 45.9mt. Soft wheat exports down 34% YoY. (Source: ING)



Read more at Investing.com: Crude Oil Prices Extend Losses as Oversupply and Trade Worries Hit Sentiment