Commodities

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 have become the backbone of the modern world, and the economic well-being of a nation depends immen.....

STO to BPT: How have ASX oil stocks fared amid a flip-flop in oil prices?
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 WTI crude oil futures recorded a drop of 1.23%, while Brent crude remained nearly stable. Share p.....

NST to EVN: ASX gold stocks on radar as yellow metal’s prices shoot up
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 inflation. A weaker dollar enhances the appeal of bullion and makes it attractive for buyers who hold other...

Commodity wrap up: Oil, gold dip on strong dollar and lower Chinese demand
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 their prices in the last week. The prices of base metals including copper, aluminium, and iron ore als...

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 dropped significantly in the last week. Prices of base metals, including copper, aluminium and iron o.....

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 support from the 27 member countries. In the last week, crude oil prices dropped significantly after .....

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 and contributes around 10% of the total GDP. Moreover, the mining industry offers direct employment o...

Oil rises 5% on EU's Russian oil ban proposal
May 05, 2022 02:44 PM AEST| By Arpit VermaHighlights: Crude oil prices rose nearly 5% on Wednesday. The fear of future supplies has weighted the concerns related to lower demand in China amid prolonged lockdowns. Both crude oil benchmarks have risen steadily in the last two months aft.....

Why is EU split on Russian oil ban?
May 05, 2022 05:00 AM AEST| By Arpit VermaIn 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 response to its invasion of Ukraine. The sanctions may also include an embargo on Russian oil. Uk.....

Which are the best performing commodities of 2022?
May 04, 2022 05:25 PM AEST| By Arpit VermaIn the recent months, commodity prices have been on a wild run. Various commodities ranging across agriculture, energy, livestock, and metals have logged staggering gains during the present year with prices hitting multi-year highs. The prices of .....

Oil prices entangled between China’s lockdown & EU’s Russian oil ban
May 04, 2022 01:58 PM AEST| By Arpit VermaHighlights Crude oil prices rose on Wednesday. The American Petroleum Institute showed that crude stocks fell by 3.5 million barrels for the week ended 29 April. China's calm demand is a real concern, investors are wondering whether...

Crude oil slips on dampen demand in China
May 03, 2022 07:04 PM AEST| By Arpit VermaHighlights Crude oil prices dipped on Tuesday. The prices of both crude oil benchmarks rose more than 3% in the last week. Beijing reported dozens of new coronavirus cases daily in an outbreak that has entered its second week. Crude oil p.....

Crude oil dips on China’s slower factory activity data
May 02, 2022 07:08 PM AEST| By Arpit VermaHighlights Crude oil prices dipped on Monday. A significant drop in crude oil prices has been witnessed after China revealed its factory activity data on Saturday. European Union’s leaning towards banning imports of Russian oil by the en...

Where does world’s most lithium come from?
May 01, 2022 10:14 AM AEST| By Arpit VermaHighlights The lithium price continues to trend as demand for EVs exceeds supply due to material and refinery bottlenecks. Most of the world's lithium is extracted from mineral-rich brine and hard rock deposits. Lithium Triangle alone possesse.....

How could energy price hike impact household power bills?
April 29, 2022 08:49 PM AEST| By Akanksha VashishtHighlights Electricity costs have skyrocketed across Australia, with Queensland and New South Wales facing much of the impact. Electricity bills form a significant part of any household’s expenses, especially for the lower-income strata....

Is Australia’s coal export boom about to end?
April 29, 2022 11:54 AM AEST| By Akanksha VashishtAustralia’s coal exports might soon see a substantial dip as purchases from China are projected to decline. As per a study from the Australian National University (ANU), Chinese coal imports could decline by close to half by 2025 due to its p.....

Crude oil prices slip on rising coronavirus cases in China
April 28, 2022 01:37 PM AEST| By Arpit VermaHighlights Crude oil prices dropped in early Asian trade on Thursday. The oil traders across the globe are focusing on more stimulus coming from China, keeping aside the fears of Beijing lockdown. The U.S. Energy Information Administration (EI.....

Crude oil rises on China's economic stimulus plan
April 27, 2022 12:51 PM AEST| By Arpit VermaHighlights Crude oil prices rose on Wednesday. China’s central bank said that it will step up cautious monetary policy to support the economy which would eventually boost oil demand. Gazprom warned Poland’s PGNiG to halt gas suppli...

Crude oil dips on subdued Chinese energy demand
April 26, 2022 02:01 PM AEST| By Arpit VermaHighlights Crude oil prices dipped on Monday. The prospects of slower economic growth coupled with US interest rate hikes have squeezed the oil demand forecast. the US Federal Reserve's aggressive stance on tightening monetary policy has furth.....

Lithium's use for batteries surges by a whopping 892% in the last decade
April 25, 2022 12:00 AM AEST| By Arpit VermaHighlights Lithium is used in the manufacturing of electric vehicle batteries, drugs and ceramics & glassware. Sales of electric vehicles almost doubled in 2021 relative to previous year. The volume of lithium used for manufacturing batter...

Advertise your brand on Kalkine Media