Commodities

Oil rises 5% on EU's Russian oil ban proposal

Highlights: Crude oil prices rose nearly 5% on Wednesday. The fear of future supplies has weighted the concerns related to lower demand in China a...

Why is EU split on Russian oil ban?

In an effort to cut down on Russian funding sources, the European Commission (EC) is expected to propose a sixth sanction this week against Russia in...

Which are the best performing commodities of 2022?

In the recent months, commodity prices have been on a wild run. Various commodities ranging across agriculture, energy, livestock, and metals have log...

Oil prices entangled between China’s lockdown & EU’s Russian oil ban

Highlights Crude oil prices rose on Wednesday. The American Petroleum Institute showed that crude stocks fell by 3.5 million barrels f...

Crude oil slips on dampen demand in China

Highlights Crude oil prices dipped on Tuesday. The prices of both crude oil benchmarks rose more than 3% in the last week. Beijing reported dozen...

Crude oil dips on China’s slower factory activity data

Highlights Crude oil prices dipped on Monday. A significant drop in crude oil prices has been witnessed after China revealed its factory activit...

Where does world’s most lithium come from?

Highlights The lithium price continues to trend as demand for EVs exceeds supply due to material and refinery bottlenecks. Most of the world's lit...

How could energy price hike impact household power bills?

Highlights Electricity costs have skyrocketed across Australia, with Queensland and New South Wales facing much of the impact. Electricity bills...

Is Australia’s coal export boom about to end?

Australia’s coal exports might soon see a substantial dip as purchases from China are projected to decline. As per a study from the Australian N...

Crude oil prices slip on rising coronavirus cases in China

Highlights Crude oil prices dropped in early Asian trade on Thursday. The oil traders across the globe are focusing on more stimulus coming from C...

Crude oil rises on China's economic stimulus plan

Highlights Crude oil prices rose on Wednesday. China’s central bank said that it will step up cautious monetary policy to support the econ...

Crude oil dips on subdued Chinese energy demand

Highlights Crude oil prices dipped on Monday. The prospects of slower economic growth coupled with US interest rate hikes have squeezed the oil de...

Lithium's use for batteries surges by a whopping 892% in the last de...

Highlights Lithium is used in the manufacturing of electric vehicle batteries, drugs and ceramics & glassware. Sales of electric vehicles al...

How can Australia secure its fuel supplies as geopolitical tensions...

Highlights Fuel prices have risen steeply and reached unprecedented highs this year due to a shortage of oil and gas. A small part of the petrol u...

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

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

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...

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

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...

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?

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