Commodities


 When did gold touch its highest level and why?

When did gold touch its highest level and why?

March 31, 2022 06:01 PM AEDT | By Akanksha Vashisht

Gold has an undying presence across markets, be it as a safety net for investors, a source of financial stability or simply as an ornament metal among...

 Crude oil gains on tight supply concerns amid fresh Russian sanctions

Crude oil gains on tight supply concerns amid fresh Russian sanction...

March 31, 2022 02:02 PM AEDT | By Arpit Verma

Highlights Crude oil prices have risen nearly 3% on Wednesday. The prices were scaled down previously as Russia promised to reduce its military pr...

 Crude oil gains on prospects of new Russia sanctions

Crude oil gains on prospects of new Russia sanctions

March 30, 2022 07:48 PM AEDT | By Arpit Verma

Highlights Crude oil prices tore heavy losses of the initial trading session on Wednesday. The prices tumbled significantly during the initial ses...

 ILU to IMA: Why are prices of these mineral sand stocks skyrocketing?

ILU to IMA: Why are prices of these mineral sand stocks skyrocketing...

March 29, 2022 09:42 PM AEDT | By Arpit Verma

The soaring conflict between Russia and Ukraine has already created chaos in the global commodity market, creating supply shortage concerns. However,...

 Gold & palladium dip on progressive peace talks between Russia & Ukraine

Gold & palladium dip on progressive peace talks between Russia & Ukr...

March 29, 2022 06:22 PM AEDT | By Arpit Verma

Highlights Gold prices slipped as the dollar index strengthened to its highest in more than one week. The benchmark 10-year bond yields hit their...

 Commodity wrap-up for the week that was

Commodity wrap-up for the week that was

March 28, 2022 08:45 PM AEDT | By Arpit Verma

Highlights Natural gas prices surged by a staggering ~13.44% in the last week. The prices of industrial metals including aluminium, zinc, lead, an...

 Crude oil dips on rising COVID-19 cases in China

Crude oil dips on rising COVID-19 cases in China

March 28, 2022 02:24 PM AEDT | By Arpit Verma

Highlights Crude oil prices tumbled on Monday. Crude oil prices were already on fire after Yemen's Houthis launched an attack on Saudi energy faci...

 Crude oil logs volatile prices on Iran deal revival & ongoing supply disruptions

Crude oil logs volatile prices on Iran deal revival & ongoing supply...

March 24, 2022 06:57 PM AEDT | By Arpit Verma

Highlights  Crude oil prices tumbled on Thursday after gaining significantly on the previous day. Both oil benchmarks settled nearly 5% highe...

 LME doesn’t have plans to suspend Russian metals’ trading

LME doesn’t have plans to suspend Russian metals’ trading

March 23, 2022 04:07 PM AEDT | By Arpit Verma

Highlights The London Metal Exchange doesn’t have any plans to curb the trading of Russian metals amid ongoing Western sanctions. The exchan...

 Commodity wrap-up for the week that was

Commodity wrap-up for the week that was

March 22, 2022 07:14 PM AEDT | By Arpit Verma

Highlights The prices of commodities remained volatile last week on fears related to the Russia-Ukraine war and the rising coronavirus cases in Chi...

 Crude oil rises as European Union plans to ban Russian oil imports

Crude oil rises as European Union plans to ban Russian oil imports

March 22, 2022 06:44 PM AEDT | By Arpit Verma

Highlights Crude oil prices rose on Tuesday. Both oil benchmarks settled nearly 7% higher on Monday as the potential for more supply disruptions w...

 EIA foresees crude oil prices to buoy above US$100 a barrel in 2022

EIA foresees crude oil prices to buoy above US$100 a barrel in 2022

March 20, 2022 12:59 AM AEDT | By Arpit Verma

Highlights Crude oil prices reached multi-year highs amid rising tensions between Russia and Ukraine. The US’ decision to put an embargo on...

 How a boost in Permian oil output can help calm down crude oil markets

How a boost in Permian oil output can help calm down crude oil marke...

March 19, 2022 01:30 AM AEDT | By Arpit Verma

Highlights The Permian Basin is expected to boost crude oil production by 70,000bpd in April. With energy demands rising after a solid recovery in...

 How a boost in Permian oil output can help calm down crude oil markets

How a boost in Permian oil output can help calm down crude oil marke...

March 19, 2022 12:44 AM AEDT | By Arpit Verma

Highlights  The Permian Basin is expected to boost crude oil production by 70,000bpd in April. With energy demands rising after a solid recov...

 Crude oil rises on IEA supply warning

Crude oil rises on IEA supply warning

March 17, 2022 05:57 PM AEDT | By Arpit Verma

Highlights  Crude oil prices rose on Thursday. The prices were dropped on Wednesday for the fifth time in the last six days as traders reacte...

 Crude oil dips below US$100/bbl on a possible revival of Iran deal

Crude oil dips below US$100/bbl on a possible revival of Iran deal

March 16, 2022 04:45 PM AEDT | By Arpit Verma

Highlights Crude oil prices tumbled on Tuesday. Both oil benchmarks reached below US$100/bbl for the first time since late February. As per the t...

 Commodity wrap-up for the week that was

Commodity wrap-up for the week that was

March 15, 2022 09:11 PM AEDT | By Arpit Verma

Highlights The prices of commodities are hovering near multi-year highs despite recording a significant drop during the last week. Crude oil futur...

 Oil dips more than 5% on hopes of a diplomatic end to Russia-Ukraine tussle

Oil dips more than 5% on hopes of a diplomatic end to Russia-Ukraine...

March 15, 2022 04:43 PM AEDT | By Arpit Verma

Highlights Crude oil prices tumbled on Tuesday. The prices extended their last week's decline as Russia is showing signs of its willingness to hav...

 Will skyrocketing oil prices give wings to EV adoption?

Will skyrocketing oil prices give wings to EV adoption?

March 13, 2022 12:45 AM AEDT | By Aayush

The vortex of Russia-Ukraine war has embroiled almost all the nations of the world, especially oil importing countries, at least economically. Russia&...

 Is 2022 commodity crisis bigger than oil crisis of the 1970s?

Is 2022 commodity crisis bigger than oil crisis of the 1970s?

March 13, 2022 12:42 AM AEDT | By Arpit Verma

Highlights The tussle between Russia and Ukraine has catapulted global commodity prices to record high levels. The recent spike in crude oil price...

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