Commodities


 Crude oil rises on OPEC’s warning of tight supplies

Crude oil rises on OPEC’s warning of tight supplies

April 12, 2022 02:59 PM AEST| By Arpit Verma

Highlights Crude oil prices inched up on Monday. The Organisation of the Petroleum Exporting Countries (OPEC) has warned that it would be difficult to enhance output to counterbalance the Russian lost supplies. the International Energy Agency...

 Commodity wrap-up for the week that was

Commodity wrap-up for the week that was

April 11, 2022 07:14 PM AEST| By Arpit Verma

Highlights The prices of both the crude oil benchmark futures slipped atleast 0.70% during the last week. Natural gas prices have surged as much as 9.22% while coal surged more than 10% in the last week. The price of industrial metal platinum .....

 Crude oil dips on easing supply concerns as IEA releases stockpile from SPR

Crude oil dips on easing supply concerns as IEA releases stockpile from SPR

April 11, 2022 04:31 PM AEST| By Arpit Verma

Following the second straight weekly decline, crude oil prices tumbled on Monday as the world consumers announced their plans to release a substantial amount of crude from their strategic petroleum reserves (SPR). The prices were additionally we...

 Where is Australian EV market headed after March milestone?

Where is Australian EV market headed after March milestone?

April 11, 2022 02:07 PM AEST| By Arpit Verma

Highlights In Australia, the sale of pure battery-electric cars accounted for 2.5% of the total sales in March 2022, making it the best month ever for EV sales. As per a study, Australians would like to consider buying an EV as their next car, .....

 NTL: How has this gold miner and explorer fared on NZX so far?

NTL: How has this gold miner and explorer fared on NZX so far?

April 09, 2022 05:00 AM AEST| By Sonal

Highlights New Talisman Gold Mines faced a challenging 2021. A new board was appointed in late 2021 due to many disclosure breaches and a growing discontent with NTL’s governance and performance. The condition to transfer the Broken Hill.....

 Crude oil dips on worries of Russian oil sanctions

Crude oil dips on worries of Russian oil sanctions

April 08, 2022 01:27 PM AEST| By Arpit Verma

Highlights Crude oil prices tumbled on Thursday. Oil prices were also pressurised by lower demand in China, one of the leading oil consumers in the world. Nineteen countries have made commitments to release 120 million barrels in the next six .....

 Crude oil dips on big IEA reserve release announcement

Crude oil dips on big IEA reserve release announcement

April 07, 2022 02:17 PM AEST| By Arpit Verma

Highlights Crude oil prices tumbled on Wednesday. Members of the International Energy Agency (IEA) decide to release 120 million barrels from strategic reserves to try to quell price gains. The US along with its allies prepared more sanctions .....

 Australia’s commodity earnings set to reach AU$425 billion

Australia’s commodity earnings set to reach AU$425 billion

April 05, 2022 12:45 PM AEST| By Arpit Verma

Highlights The Department of Industry, Science, Energy and Resources, forecasted resource export earnings to jump by a whopping 33% in FY21-22. Worldwide commodity and energy prices surged this year on prospects that Russia’s invasion of .....

 How much crude does Australia import every year?

How much crude does Australia import every year?

April 04, 2022 01:07 PM AEST| By Akanksha Vashisht

The ongoing Russia-Ukraine war has sparked chaotic price movements in commodities, primarily impacting oil prices. In recent days, the crude oil prices have been oscillating between the optimism of a supply boost from the United States and investor.....

 Crude oil tumbles as US plans largest ever release from SPR

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?

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?

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

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

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?

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

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

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?

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.....

 Gold & palladium dip on progressive peace talks between Russia & Ukraine

Gold & palladium dip on progressive peace talks between Russia & Ukraine

March 29, 2022 06:22 PM AEDT| By Arpit Verma

Highlights Gold prices slipped as the dollar index strengthened to its highest in more than one week. The benchmark 10-year bond yields hit their highest level since April 2019 on Monday. Like gold, palladium prices also tumbled to US$2,200 pe.....

 Commodity wrap-up for the week that was

Commodity wrap-up for the week that was

March 28, 2022 08:45 PM AEDT| By Arpit Verma

Highlights Natural gas prices surged by a staggering ~13.44% in the last week. The prices of industrial metals including aluminium, zinc, lead, and palladium also jumped in the last week. Battery metal lithium remained stable during the week w.....

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