Commodities


 Crude oil rises further waning Omicron’s fear

Crude oil rises further waning Omicron’s fear

December 31, 2021 02:38 PM AEDT| By Arpit Verma

Highlights Crude oil prices rose on Thursday. On Wednesday, the prices of crude oil reached their highest level since November. Crude oil prices made a significant rebound ranging from 50-60% in 2021. Crude oil prices rose further on Thur.....

 Saudi to host Future Minerals Summit, eyes on mining companies’ renewable energy plans  

Saudi to host Future Minerals Summit, eyes on mining companies’ renewable energy plans  

December 30, 2021 03:14 PM AEDT| By Arpit Verma

Highlights Engineers across the whole world are trying their best to get the most out of the minerals to reduce greenhouse emissions. Saudi Arabia is hosting The Future Minerals Summit (FMS) in Riyadh on January 11-13. The demand for metals is.....

 Crude oil rises on falling US inventories

Crude oil rises on falling US inventories

December 30, 2021 01:26 PM AEDT| By Arpit Verma

Crude oil prices reached their highest level since November on Wednesday offsetting concerns that rising cases of coronavirus across the globe might dent the demand. The significant rise in the prices of both the benchmarks was underpinned by the r.....

 Crude oil rises despite rising Omicron concerns

Crude oil rises despite rising Omicron concerns

December 29, 2021 02:21 PM AEDT| By Arpit Verma

Highlights Crude oil prices rose on Tuesday. Both the contracts reached their highest level in a month, strengthened by boosting US equities. Omicron-induced staff shortages led to various flight cancellations Crude oil prices rose on Tue.....

 What are critical metals and why are EV makers racing to secure their supplies?

What are critical metals and why are EV makers racing to secure their supplies?

December 28, 2021 12:52 AM AEDT| By Arpit Verma

Highlights Metals and non-metals that are considered dynamic for the well-being of the world's major and emerging economies are considered critical. Critical metals include rare earths, platinum-group metals, cobalt, lithium, vanadium, nickel, .....

 How does ESG impact the share price of a mining company?

How does ESG impact the share price of a mining company?

December 27, 2021 12:48 AM AEDT| By Arpit Verma

Highlights ESG has come to the frontline because of increasing demand from investors. ESG includes a set of criteria used to evaluate a company's performance on the Environmental, Social, and Governance (ESG) grounds. A track on systematic and.....

 Crude oil rallies on reduced threats of Omicron’s severity

Crude oil rallies on reduced threats of Omicron’s severity

December 24, 2021 12:59 PM AEDT| By Arpit Verma

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 rising cases of the new virus variant. Xian city in China ordered 13 million residents to stay at ho.....

 Flick through metal & mining stocks that hit new 52-week highs

Flick through metal & mining stocks that hit new 52-week highs

December 20, 2021 03:16 PM AEDT| By Arpit Verma

Highlights The 52-week high is a technical indicator that can help investors to predict the future movement of stocks. The rise in the share price of a company may depend on various reasons. Various mining stocks hit their 52-week highs in the.....

 Commodity prices climbed the wall of worries in 2021

Commodity prices climbed the wall of worries in 2021

December 20, 2021 01:28 PM AEDT| By Nitish Kumar

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 commodities, many of them reached their all-time high or multiyear high. For instance, lumber prices .....

 Crude oil dips on strong dollar and oversupply concerns

Crude oil dips on strong dollar and oversupply concerns

December 15, 2021 12:55 PM AEDT| By Arpit Verma

Highlights Crude oil price tumbled on Tuesday. Producer prices reached 11-year highs on Tuesday. Governments across the globe are trying hard to put restrictions to curb the spread of the Omicron variant. Crude oil prices tumbled to nearl.....

 Omicron fear dampens oil demand

Omicron fear dampens oil demand

December 14, 2021 01:31 PM AEDT| By Arpit Verma

Highlights Crude oil price eased on Monday. More than 60 countries across the globe have shown a very high global risk. Governments across the globe including Norway and Britain were tightening restrictions to curb the spread of the virus. .....

 Oil falls as China’s downgraded property sector adds fear to demand outlook

Oil falls as China’s downgraded property sector adds fear to demand outlook

December 10, 2021 01:01 PM AEDT| By Arpit Verma

Highlights Crude oil price settled lower on Thursday. Rating agency Fitch downgraded property developers Kaisa and China Evergrande Group ratings. South Korea has recorded a huge number of coronavirus cases while cases remain elevated in Austr.....

 Crude oil edges higher as Omicron fear wanes

Crude oil edges higher as Omicron fear wanes

December 09, 2021 02:11 PM AEDT| By Arpit Verma

Highlights Crude oil prices settled higher on Wednesday. investors are gradually getting confidence that Omicron cannot derail global economic growth. Brent has recovered by nearly 10% since 1 December. Crude oil prices settled higher in .....

 Crude oil climbs up further as Omicron fear retreats

Crude oil climbs up further as Omicron fear retreats

December 08, 2021 01:26 PM AEDT| By Arpit Verma

Highlights Crude oil price climbs nearly 3% on Tuesday. Crude oil prices tumbled during the last week. Saudi Arabia increased the selling price of all crude grades from Sunday. Crude oil price rises nearly 3% on Tuesday, extending the pre.....

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

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

December 07, 2021 05:47 PM AEDT| By Akanksha Vashisht

At a time when reducing the consumption of non-renewable energy sources has become an increasingly pressing global issue, Japan seems to have found the light at the end of the tunnel. The country has opted to switch to hydrogen as a recourse to the.....

 Crude oil rises as concern eases over Omicron Variant

Crude oil rises as concern eases over Omicron Variant

December 07, 2021 01:50 PM AEDT| By Arpit Verma

Highlights Crude oil price climbs nearly 5% on Monday. Brent crude oil gained nearly 38% in 2021. Saudi Arabia increased the selling price of all crude grades to the US and Asia. Crude oil prices climbed up by about 5% on Monday in hopes .....

 Commodity wrap-up for the week that was

Commodity wrap-up for the week that was

December 06, 2021 08:27 PM AEDT| By Arpit Verma

Highlights Crude oil has gained more than 38% in the last one year. Cobalt, iron ore, and magnesium were among the top weekly gainers. Gold and silver prices were under pressure during the last week. Global commodities witnessed a rollerc.....

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

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

December 06, 2021 12:42 PM AEDT| By Arpit Verma

Highlights Crude oil price recovers on Monday after settling a little higher on Friday. OPEC+ decided to stick to its original plan of gradually increasing the output. The cartel's next meeting is scheduled for 4 January 2022. Crude oil p.....

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

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

December 03, 2021 01:18 PM AEDT| By Arpit Verma

Highlights Crude oil prices settled higher on Thursday. OPEC+ surprised the market by sticking to its original plan. The cartel decided to boost the supply in January. Crude oil prices settled nearly 1% higher on Thursday after a volatile.....

 Crude oil prices dip on strong sell-off amid rising Omicron concern

Crude oil prices dip on strong sell-off amid rising Omicron concern

December 02, 2021 12:30 PM AEDT| By Arpit Verma

Highlights Crude oil prices settled lower on Wednesday. Both the benchmarks have been under pressure for weeks. Both the benchmarks have recorded the steepest monthly fall since March 2020. Crude oil prices settled on Wednesday on the bac.....

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