Commodities

Crude oil rises further waning Omicron’s fear
December 31, 2021 02:38 PM AEDT| By Arpit VermaHighlights 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
December 30, 2021 03:14 PM AEDT| By Arpit VermaHighlights 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
December 30, 2021 01:26 PM AEDT| By Arpit VermaCrude 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
December 29, 2021 02:21 PM AEDT| By Arpit VermaHighlights 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?
December 28, 2021 12:52 AM AEDT| By Arpit VermaHighlights 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?
December 27, 2021 12:48 AM AEDT| By Arpit VermaHighlights 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
December 24, 2021 12:59 PM AEDT| By Arpit VermaHighlights 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
December 20, 2021 03:16 PM AEDT| By Arpit VermaHighlights 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
December 20, 2021 01:28 PM AEDT| By Nitish KumarThe 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
December 15, 2021 12:55 PM AEDT| By Arpit VermaHighlights 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
December 14, 2021 01:31 PM AEDT| By Arpit VermaHighlights 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
December 10, 2021 01:01 PM AEDT| By Arpit VermaHighlights 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
December 09, 2021 02:11 PM AEDT| By Arpit VermaHighlights 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
December 08, 2021 01:26 PM AEDT| By Arpit VermaHighlights 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?
December 07, 2021 05:47 PM AEDT| By Akanksha VashishtAt 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
December 07, 2021 01:50 PM AEDT| By Arpit VermaHighlights 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
December 06, 2021 08:27 PM AEDT| By Arpit VermaHighlights 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
December 06, 2021 12:42 PM AEDT| By Arpit VermaHighlights 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
December 03, 2021 01:18 PM AEDT| By Arpit VermaHighlights 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
December 02, 2021 12:30 PM AEDT| By Arpit VermaHighlights 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.....

Advertise your brand on Kalkine Media