Commodities

Crude oil inches higher as EU considers ban on Russian oil imports

April 22, 2022 01:41 PM AEST | By Arpit Verma

Highlights Crude oil prices rose on Thursday. A fresh rise in coronavirus in China has also dampened the demand in China. S. crude exports rose t...

BHP’s (ASX:BHP) Q3 output shrinks; Here’s what affected the miner

April 21, 2022 05:48 PM AEST | By Arpit Verma

Highlights BHP Group Limited (ASX:BHP) released its third-quarter results on Thursday. The mining giant’s energy coal production during the...

Whitehaven (ASX:WHC) on track to meet FY22 guidance despite fall in...

April 20, 2022 07:07 PM AEST | By Arpit Verma

Highlights Whitehaven Coal Limited (ASX:WHC) has produced 5% more coal in its third quarter relative to the same quarter in FY21. Despite a fall...

Oil crawls up after dipping more than 5% on Tuesday

April 20, 2022 01:55 PM AEST | By Arpit Verma

Highlights Crude oil prices inched higher on Wednesday. The IMF has lowered its forecast for global growth by nearly a full percentage point. The...

Oil rises on Libya’s supply drop & Shanghai’s rising demand prospect...

April 19, 2022 01:08 PM AEST | By Arpit Verma

Highlights Crude oil prices rose on Tuesday. The current rise in oil prices is also underpinned by strong prospective demand in China. The possib...

Where is the oil market headed in next few weeks?

April 17, 2022 12:53 AM AEST | By Arpit Verma

curtailed. The global crude oil market has been volatile for the past few weeks amid ongoing political turmoil between Russia and the Western nat...

A flick through five biggest myths of the oil & gas industry

April 17, 2022 12:33 AM AEST | By Arpit Verma

Highlights Distributing crude oil and natural gas is highly complex and requires state-of-the-art technology. The price of benchmark West Texas...

WPL to BPT: How these 5 ASX energy stocks are faring as oil rises 4%

April 14, 2022 05:42 PM AEST | By Arpit Verma

Highlights Crude oil prices settled nearly 4% higher on Wednesday. The prices of both oil benchmarks are nearly 70% up over the last year. OPEC h...

What makes Western Australia the world’s top mining destination

April 14, 2022 04:22 PM AEST | By Nitish Kumar

Highlights Western Australia is the world’s top mining destination, revealed a survey of mining and exploration companies for 2021. The Aust...

Oil rises on Russian production cuts & OPEC’s supply warning

April 13, 2022 01:42 PM AEST | By Arpit Verma

Highlights Crude oil prices rose on Wednesday. Russian condensate production tumbled below 10Mbpd to reach the lowest level since July 2020. On T...

Crude oil rises on OPEC’s warning of tight supplies

April 12, 2022 02:59 PM AEST | By Arpit Verma

Highlights Crude oil prices inched up on Monday. The Organisation of the Petroleum Exporting Countries (OPEC) has warned that it would be diffic...

Commodity wrap-up for the week that was

April 11, 2022 07:14 PM AEST | By Arpit Verma

Highlights The prices of both the crude oil benchmark futures slipped atleast 0.70% during the last week. Natural gas prices have surged as much a...

Crude oil dips on easing supply concerns as IEA releases stockpile f...

April 11, 2022 04:31 PM AEST | By Arpit Verma

Following the second straight weekly decline, crude oil prices tumbled on Monday as the world consumers announced their plans to release a substantial...

Where is Australian EV market headed after March milestone?

April 11, 2022 02:07 PM AEST | By Arpit Verma

Highlights In Australia, the sale of pure battery-electric cars accounted for 2.5% of the total sales in March 2022, making it the best month ever...

Where is US shale gas industry headed? Can it fulfil LNG promise to...

April 10, 2022 12:05 AM AEST | By Nitish Kumar

US President Joe Biden and European leaders recently reached an agreement aimed at reducing Europe's dependence on Russian fossil fuels. As part of th...

Crude oil dips on worries of Russian oil sanctions

April 08, 2022 01:27 PM AEST | By Arpit Verma

Highlights Crude oil prices tumbled on Thursday. Oil prices were also pressurised by lower demand in China, one of the leading oil consumers in th...

Crude oil dips on big IEA reserve release announcement

April 07, 2022 02:17 PM AEST | By Arpit Verma

Highlights Crude oil prices tumbled on Wednesday. Members of the International Energy Agency (IEA) decide to release 120 million barrels from stra...

Australia’s commodity earnings set to reach AU$425 billion

April 05, 2022 12:45 PM AEST | By Arpit Verma

Highlights The Department of Industry, Science, Energy and Resources, forecasted resource export earnings to jump by a whopping 33% in FY21-22. Wo...

How much crude does Australia import every year?

April 04, 2022 01:07 PM AEST | By Akanksha Vashisht

The ongoing Russia-Ukraine war has sparked chaotic price movements in commodities, primarily impacting oil prices. In recent days, the crude oil price...

Crude oil tumbles as US plans largest ever release from SPR

April 04, 2022 12:53 PM AEST | By Arpit Verma

Highlights Crude oil prices tumbled on Monday. US President Joe Biden announced a release of 1Mbpd of crude oil for six months, starting from May....

5 ASX Companies Leveraging AI to Drive Growth in 2024

Markets