Commodity wrap-up: Crude oil & natural gas collapsed on economic growth concerns

The global aviation industry accounts for nearly 2.1% of all human-induced carbon emissions, as per estimates made by Air Transport Action Group, an independent coalition of aviation industry experts focusing on sustainable development issues. In 2...

Australia-based mineral exploration company AVZ Minerals Limited (ASX:AVZ) is entangled in a legal dispute related to the ownership of the Manono Lithium Project, probably one of the most significant lithium deposits in the world. Shares of the Co...

Crude oil prices have likely found a home near the three-digit mark of US$100/bbl. On a yearly basis, the prices of both crude oil benchmarks are currently trading 60% higher compared to the corresponding period last year. Curtailed production fro...

last week. Prices of most of the commodities recovered last week. The ease in COVID-19 related restrictions in China, coupled with strengthening market fundamentals and robust demand for commodities against a tightening market backdrop has trig...

Highlights The chip and semiconductor industries have observed a massive slowdown due to supply-chain snags. Consumer demand for electronic devices gathered pace as soon as restrictions were lifted. The supply of chips and semiconductors might...

Highlights The prices of both crude oil benchmarks gained more than 3.26% during the last week. Gold and silver logged a significant drop in their prices in the last week. The prices of base metals including copper, aluminium, and iron ore als...

In an effort to cut down on Russian funding sources, the European Commission (EC) is expected to propose a sixth sanction this week against Russia in response to its invasion of Ukraine. The sanctions may also include an embargo on Russian oil. Uk...

In the recent months, commodity prices have been on a wild run. Various commodities ranging across agriculture, energy, livestock, and metals have logged staggering gains during the present year with prices hitting multi-year highs. The prices of ...

Highlights Crude oil prices rose on Wednesday. The American Petroleum Institute showed that crude stocks fell by 3.5 million barrels for the week ended 29 April. China's calm demand is a real concern, investors are wondering whether ...

Highlights The lithium price continues to trend as demand for EVs exceeds supply due to material and refinery bottlenecks. Most of the world's lithium is extracted from mineral-rich brine and hard rock deposits. Lithium Triangle alone possesse...