Commodities

Crude oil tumbles as US plans largest ever release from SPR

April 04, 2022 12:53 PM AEST| By Arpit Verma

Highlights Crude oil prices tumbled on Monday. US President Joe Biden announced a release of 1Mbpd of crude oil for six months, starting from May. Analysts across the globe believe that the release of crude oil from SPR may provide temporary r.....

Are nickel supply concerns a speed bump for EVs?

April 03, 2022 03:54 AM AEST| By Arpit Verma

Highlights Nickel is one of the most important and irreplaceable battery metals used in lithium-ion batteries (LIBs). Automakers are collaborating with nickel miners to secure their future supplies. Tesla has reportedly inked an undisclosed de.....

Has lithium become too expensive for EVs?

April 01, 2022 03:20 PM AEDT| By Nitish Kumar

In what shows Australians’ growing love for electric vehicles, the country recently saw 109 Hyundai electric SUVs being sold out in only six and half minutes. Out of nearly 18,000 Aussies who had registered their interest, only 109 got lucky .....

MIN to SRL: Here’s how these battery metal stocks are faring

April 01, 2022 01:53 PM AEDT| By Arpit Verma

Highlights The overall sales of global light-duty electric vehicle sales reached a record high of 6.3 million units in 2021. The demand for nickel is expected to rise to 2.9 million tonnes in 2022. Cobalt prices rallied strongly in 2021, with .....

Here’s why US is ready to fund Australian critical mineral projects

March 31, 2022 08:07 PM AEDT| By Arpit Verma

Highlights Leading economies of the world are racing to secure futures supplies of critical minerals. The US is increasingly dependent on foreign sources for many of the processed versions of critical minerals. China's dominance in the critica.....

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 diverse cultures. Gold’s use case has evolved drastically over the years, with its prestige.....

Crude oil gains on tight supply concerns amid fresh Russian sanctions

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 presence around Kyiv. The US along with its allies have decided to impose fresh sanctions on more s.....

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 sessions on Wednesday after Russia promised to scale down its military operations around Kyiv. the O.....

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, the impact of the Russia and Ukraine war is not only confined to this, but things are also raising.....