Commodities

Crude oil slips on US interest rate hike concerns

Highlights Crude oil prices slipped on Thursday. Expectations of strong economic recovery counterbalance the losses in oil prices. Oil has gained...

Is nickel ready to be the next hot battery metal?

The world is standing at the edge of a new electric era. Green metals including lithium, cobalt, nickel, and copper can be considered as the building...

What does 2022 have in store for commodity market?

After a surprisingly phenomenal run in 2021, commodities have entered another year, albeit with a slowdown. Commodity prices have skyrocketed througho...

Crude oil drops on rising coronavirus cases

Highlights Crude oil prices tumbled on Monday. Rising cases of coronavirus dented the global economic activity. Kazakhstan's turmoil and Libyan o...

Crude oil rises despite an increase in coronavirus cases

Highlights Crude oil prices rose on Wednesday. OPEC+ agrees to increase the output by 400,000 bpd for the coming month. The oil market pared its...

Crude oil hits US$80/bbl as OPEC+ decides to increase February outpu...

Highlights Crude oil prices rose on Tuesday. OPEC+ agrees to stick to its planned increase of 400,000 bpd of oil output in the coming month. The...

Crude oil rises on demand optimism

Highlights Crude oil settled higher on Monday. OPEC+ plans to increase its output for the coming month. The Omicron variant of coronavirus has br...

Will crude oil continue its rally in 2022?

Highlights  Crude oil demand outpaced supply in the year 2021. The EIA estimates global oil inventory to start building up in 2022, on the ba...

Crude oil rises further waning Omicron’s fear

Highlights Crude oil prices rose on Thursday. On Wednesday, the prices of crude oil reached their highest level since November. Crude oil prices...

Saudi to host Future Minerals Summit, eyes on mining companies’ rene...

Highlights Engineers across the whole world are trying their best to get the most out of the minerals to reduce greenhouse emissions. Saudi Arabia...

Crude oil rises on falling US inventories

Crude oil prices reached their highest level since November on Wednesday offsetting concerns that rising cases of coronavirus across the globe might d...

Crude oil rises despite rising Omicron concerns

Highlights Crude oil prices rose on Tuesday. Both the contracts reached their highest level in a month, strengthened by boosting US equities. Omi...

Crude oil rallies on reduced threats of Omicron’s severity

Highlights Crude oil prices rose on Thursday. The prices had been struggling on concerns that the supply will exceed the demand in 2021 due to ris...

Commodity prices climbed the wall of worries in 2021

The year 2021 has been a great one for many commodity players, with several commodities seeing a sharp surge in the prices. Be it metals or energy com...

Crude oil dips on strong dollar and oversupply concerns

Highlights Crude oil price tumbled on Tuesday. Producer prices reached 11-year highs on Tuesday. Governments across the globe are trying hard to...

Omicron fear dampens oil demand

Highlights Crude oil price eased on Monday. More than 60 countries across the globe have shown a very high global risk. Governments across the gl...

Crude oil climbs up further as Omicron fear retreats

Highlights Crude oil price climbs nearly 3% on Tuesday. Crude oil prices tumbled during the last week. Saudi Arabia increased the selling price o...

Will ‘Blue Hydrogen’ reduce Japan’s reliance on coal?

At a time when reducing the consumption of non-renewable energy sources has become an increasingly pressing global issue, Japan seems to have found th...

Crude oil recovers as OPEC plans to reconsider its output if demand...

Highlights Crude oil price recovers on Monday after settling a little higher on Friday. OPEC+ decided to stick to its original plan of gradually i...

Crude oil ends higher amid OPEC’s plan to boost output

Highlights Crude oil prices settled higher on Thursday. OPEC+ surprised the market by sticking to its original plan. The cartel decided to boost...