Commodities

Commodity wrap-up: Iron ore surges as China eases COVID-19 curbs
June 06, 2022 06:36 PM AEST | By Arpit VermaHighlights The prices of both crude oil benchmarks gained significantly in the last week. Uranium prices gained more than 5.5% in the last week as...

What’s the fate of AVZ’s Manono Lithium project?
June 05, 2022 12:15 AM AEST | By Arpit VermaAustralia-based mineral exploration company AVZ Minerals Limited (ASX:AVZ) is entangled in a legal dispute related to the ownership of the Manono Lith...

Here’s why crude oil is hovering above US$100/bbl?
June 05, 2022 12:00 AM AEST | By Arpit VermaCrude oil prices have likely found a home near the three-digit mark of US$100/bbl. On a yearly basis, the prices of both crude oil benchmarks are curr...

Will Australia be able to solve gas supply shortage problem anytime...
June 03, 2022 02:59 PM AEST | By Akanksha VashishtHighlights Australia’s energy crisis has worsened at a time when the cold climate is disrupting the gas supply. Authorities have brought up...

Oil hits two-month high as China eases COVID-19 restrictions
May 31, 2022 05:56 PM AEST | By Arpit VermaHighlights Crude oil prices soared to two-month high on Monday. The current surge in oil prices has been witnessed after two consecutive weekly ga...

How China’s demand expectations impacted commodities last week
May 30, 2022 06:55 PM AEST | By Arpit Vermalast week. Prices of most of the commodities recovered last week. The ease in COVID-19 related restrictions in China, coupled with strengthening...

How is chip shortage impacting various manufacturing industries?
May 30, 2022 05:37 PM AEST | By Akanksha VashishtHighlights The chip and semiconductor industries have observed a massive slowdown due to supply-chain snags. Consumer demand for electronic device...

Oil rises on peak US demand amid Memorial Day weekend
May 30, 2022 02:13 PM AEST | By Arpit VermaHighlights Crude oil prices jump on Monday. With global supplies lagging to meet demand, the worldwide oil market is anticipated to remain undersu...

Global oil crisis: A double-edged sword
May 29, 2022 12:15 AM AEST | By Arpit Vermargy crisis. The global oil crisis has intensified ever since Russia officially announced Ukraine invasion. Russia is a key crude oil supplier, ac...

Why Aussies' power bills are set to go through the roof
May 27, 2022 01:13 PM AEST | By Akanksha VashishtRising energy costs have rung alarm bells across Australia, fuelling speculations that power bills are all set to increase in the country. Most Aussie...

Here’s how commodities performed this May
May 25, 2022 07:29 PM AEST | By Arpit VermaSo far, Commodity markets have been volatile in May. The prices of most of the commodities ended in green until last week. Tight supplies coupled with...

MGX, LCY, GRR: 3 ASX stocks in focus as India jacks up iron ore expo...
May 25, 2022 05:56 PM AEST | By Arpit VermaBenchmark iron ore futures in China surged around 7% on Monday, recording the biggest intraday gain in the last two and half months. The staggering ri...

Oil rises on tight supplies and weaker US dollar
May 23, 2022 05:37 PM AEST | By Arpit VermaHighlights Crude oil prices jump on Monday. A tight gasoline market amid a solid demand due to the peak US driving season has additionally buoyed...

What measures is Australia taking to rev up critical minerals sector...
May 21, 2022 12:15 AM AEST | By Nitish KumarWith the world raring to accelerate its transition into a new electric era, there is a heightened need for more critical minerals. Critical minerals h...

STO to BPT: How have ASX oil stocks fared amid a flip-flop in oil pr...
May 19, 2022 07:30 PM AEST | By Arpit VermaHighlights Crude oil prices had tumbled on Wednesday with ease in future supply concerns but recovered on Thursday. Over the past week, benchmark...

NST to EVN: ASX gold stocks on radar as yellow metal’s prices shoot...
May 19, 2022 12:00 AM AEST | By Arpit Vermarest rates. Gold prices rose on Wednesday amid a weakening dollar and US Federal Reserve chief Jerome Powell’s aggressive stance on inflati...

Commodity wrap up: Oil, gold dip on strong dollar and lower Chinese...
May 17, 2022 03:10 PM AEST | By Arpit VermaHighlights The prices of both crude oil benchmarks gained more than 3.26% during the last week. Gold and silver logged a significant drop in the...

Commodity wrap-up for the week that was
May 10, 2022 05:02 PM AEST | By Arpit VermaHighlights Prices of both crude oil benchmarks have gained in the last week by more than 5.55%. The bullion has jumped 0.24% while silver has drop...

Oil rises on mounting future supply concerns
May 09, 2022 01:26 PM AEST | By Arpit VermaHighlights Crude oil prices rose nearly 1.5% on Friday. The EU is tweaking its sanctions plan, hoping to win over reluctant states and secure supp...

What is Australia doing to build a battery supply chain?
May 08, 2022 12:06 AM AEST | By Nitish Kumarl industry. Australia is a mineral-rich country with mining operations across all states. The mining industry of the country is fairly advanced a...