Commodities

Crude oil prices reach 3-year high on US supply disruptions

September 27, 2021 11:46 AM AEST | By Arpit Verma

th supplies from Canada and Iraq. Members of OPEC+ struggle to raise their output. Crude oil rose to a near three-year highest levels on Monday....

Global steel production tumbles in August on China’s environmental c...

September 24, 2021 12:44 PM AEST | By Arpit Verma

Highlights Global steel production tumbled in August 2021. China curbed its steel production on environmental concerns. Japan India and the US re...

Brent crude hits 2-month high level on supply concerns

September 24, 2021 10:53 AM AEST | By Arpit Verma

Highlights Brent Crude oil prices surged to two-month highs on Thursday. Strong demand and limited supply are pushing the prices to record highs....

What made Copper futures rebound today?

September 23, 2021 11:47 AM AEST | By Arpit Verma

Highlights Copper prices climb up on Wednesday. Evergrande decided to pay interest on a domestic bond. Copper futures hit record highs during May...

What made oil prices edge up today?

September 23, 2021 11:44 AM AEST | By Arpit Verma

Highlights Crude oil rises on Wednesday. US crude stocks tumbled to their lowest level in the last three years. Oil facilities in the US Gulf of...

Indonesia launched new steel plant amid skyrocketing steel prices

September 22, 2021 11:56 AM AEST | By Arpit Verma

Highlights Indonesia has inaugurated a new 1.5Mt annual output capacity steel plant. The new steel plant is designed to produce hot-rolled coils....

Oil rises as investors are concerned about growing oil demand and su...

September 22, 2021 10:57 AM AEST | By Arpit Verma

Highlights Crude oil prices rose on Tuesday. The oil demand is improving as the world recovers from coronavirus. API data suggests that U.S. crud...

What’s fueling the uranium bull run?

September 21, 2021 05:22 PM AEST | By Arpit Verma

The prices of uranium surged to nine-year highs last week, surpassing the US$50-per-tonne mark. The significant rise in raw uranium prices, which is a...

Magnesium hits 13-year highs on China’s environmental concerns

September 21, 2021 01:05 PM AEST | By Arpit Verma

The International Magnesium Association stated on Monday that the prices of magnesium have rallied to their highest level in the last 13-years in...

Oil dips on rising US dollar

September 21, 2021 11:05 AM AEST | By Arpit Verma

Highlights Crude oil prices dipped on Monday. Oil prices got support from disrupted US supply followed by two hurricanes. Crude oil has grown sig...

Nickel hits seven-year highs on strong demand and tight supplies

September 20, 2021 02:04 PM AEST | By Arpit Verma

Nickel prices surged to seven-year high levels on Friday due to supply concerns followed by the Indonesian government is looking at taxes on the ingre...

Oil falls on US crude oil recovery

September 20, 2021 01:58 PM AEST | By Arpit Verma

Highlights Crude oil dips on Monday. US operations resumed production. Oil recorded a 3% weekly gain in the last week. Crude oil prices inch...

Oil rises on higher-than-expected drawdown in the US crude inventori...

September 16, 2021 10:46 AM AEST | By Team Kalkine Media

Highlights Crude oil climbs up on Wednesday. The government data shows a higher-than-expected drawdown in the US crude inventories. The US crude...

Australia gains top spot in gold production; overtakes China for the...

September 16, 2021 10:21 AM AEST | By Mohammad Zaid

Australian gold miners have turned the corner around challenging times and helped the country in setting a new production record. Higher output by Aus...

Crude oil trades flat as tropical storm Nicholas hit Texas

September 15, 2021 11:04 AM AEST | By Team Kalkine Media

Crude oil traded nearly flat on Tuesday due to tropical storm Nicholas that hit the coast of Texas bringing heavy rain and power outages in the region...

Oil rises on slow supply recovery from the US

September 14, 2021 12:14 PM AEST | By Team Kalkine Media

Stock Photo Oil Prices Rise  Crude oil prices soared to six-week high on Monday due to slow recovery in the US output, two weeks after Hurricane...

Iceland starts the world’s largest carbon dioxide capturing plant

September 14, 2021 12:11 PM AEST | By Team Kalkine Media

Carbon Dioxide Capture Technology Iceland has started operating the world’s largest plant that captures carbon dioxide from the air and deposit...

Copper prices hit more than one-month high on strong demand

September 13, 2021 01:52 PM AEST | By Team Kalkine Media

Highlights Copper prices reached more than a month high level on Monday. The prices surged on the back of strong demand and tight supplies. Chine...

Oil rises on supply concerns from the US

September 13, 2021 01:48 PM AEST | By Team Kalkine Media

Crude oil prices inched up on Monday during initial trading sessions after tumbling significantly in the last week amid China's plan to release state...

Five ASX-listed coal stocks under the spotlight amid ongoing coal ra...

September 10, 2021 07:35 PM AEST | By Arpit Verma

The recent coal rally has triggered future contracts to trade more than US$179 per metric tonne. Just last year, Coal futures traded as low as ~US$50...

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