Commodities
How crude oil dynamics influence the upstream and downstream sectors
June 02, 2021 08:35 PM PDT| By Team Kalkine MediaSummary Crude oil prices have witnessed a dramatic journey, rising from a negative territory in 2020 to the pre-pandemic levels in 2021. The dynamics in crude oil prices have a significant impact on all the sectors of the oil & gas industry.....
Why is iron ore rally hurting these two sectors?
June 02, 2021 07:35 PM PDT| By Team Kalkine MediaSummary The prices of iron ore have almost doubled in the last one year, on account of strong economic growth, globally. China's decision to curb steel production and rising iron ore prices have pushed steel prices to record highs. Constructio.....
What does the future of shale oil market look like?
June 02, 2021 01:17 AM PDT| By Nitish KumarSummary Advancements in oil and gas drilling technology have unlocked huge reserves of oil, earlier untapped by oil and gas players. Shale oil is crude oil occupied in the void spaces of shale formations beneath the surface of the Earth. Hydra.....
Gold rush on the cards amidst rising inflation and weak dollar
June 01, 2021 12:19 AM PDT| By Nitish KumarSummary Gold prices surged 8% during May, the highest monthly gain since July 2020. Fear of rise in inflation and weakening of dollar are catalysing the current price rise. Investors are keeping an eye on Treasury bond yields and inflation dat.....
What are Rare Earth Elements and what’s their strategic significance?
May 30, 2021 08:03 PM PDT| By Team Kalkine MediaSummary Rare earth elements (REE) are a set of 17 metallic elements, which are not rare despite what the name suggests. REEs are widely used in the manufacturing of consumer electronics, medical equipment, electric vehicles, and defence and cle.....
Why are the oil prices volatile in May?
May 26, 2021 07:48 PM PDT| By Team Kalkine MediaCrude oil is one of the highly traded commodities, globally. Its prices are extremely sensitive to factors such as supply-and-demand balance, weather, and geopolitical events. The prices get influenced even with the tiniest news on a global event. .....
Why are iron ore prices volatile of late?
May 24, 2021 06:31 PM PDT| By Team Kalkine MediaIron ore prices have been on a dramatic journey starting the second half of the last year. The prices reached a record high of US$237.57 per tonne on 12 May 2021. This rally could be attributed to a robust demand in Chinese steelmaking industries p.....
Six Major Gold Miners with Massive Reserves
May 19, 2021 05:25 PM PDT| By Team Kalkine MediaSummary Gold prices have been edging higher over the weaker US dollar and growing inflationary pressure. China, Russia, Australia, Canada, and the US are the major gold suppliers, accounting for a significant portion of the global gold deposits.....
Here’s What You Need To Know About Commodity Supercycle
May 17, 2021 08:31 PM PDT| By Team Kalkine MediaSummary A commodity supercycle is a prolonged period of price increase of a commodity, usually due to a demand shock. Most supercycles have an underlying structural shift leading the prices to break their long-run levels. The first known commo.....
3 Commodity Stocks To Buy In May Amid Rising Prices
May 17, 2021 10:41 AM PDT| By Raza NaqviRebounding from the pandemic-led economic crisis of 2020, it seems like 2021 is set to be the year of commodities. Not only are the prices of oil and copper rising, but less-popular commodities like barley, tin and cobalt are also reflecting a rally....
Why has IEA slashed 2021 oil demand forecast?
May 13, 2021 05:09 PM PDT| By Team Kalkine MediaThe oil industry has been on a roller coaster ride since last year. Experiencing gloomy days, the prices of WTI crude oil dipped to negative levels in April 2020 due to supply glut and nearly no buyers. However, a robust vaccination program couple.....
How could the red-hot iron ore rally benefit investors?
May 13, 2021 12:00 AM PDT| By Team Kalkine MediaSummary Iron ore prices have registered a record rally in recent weeks, with prices surging to record high levels. A robust economic recovery in the US and China, coupled with generous stimulus packages, have fueled the rally. The price surge .....
Here's how the iron ore rally could benefit Australia's 2021 Federal Budget
May 11, 2021 02:24 AM PDT| By Team Kalkine MediaSummary The Australian government is ready to release its 2021 Federal Budget today. The Australian mining industry has contributed a fair share of tax and royalties to boost the country's revenue during the pandemic. The Australia-China trade.....
Colonial Pipeline Service To Remain Suspended For The Week
May 10, 2021 01:40 PM PDT| By Team Kalkine MediaThe operations of the U.S.’s biggest refined products pipeline system Colonial Pipeline Company have been temporarily shut down since Friday following a cybersecurity attack. The operations are expected to be restored only by the end of the w.....
Pandemic takes crude oil on a roller coaster ride
April 20, 2021 06:44 PM PDT| By Furquan MoharkanIn the past year, people have moved more and more away from safe haven assets to stocks, leading to an unprecedented rally in global stocks on back of liquidity surge. However, equities are not the best performing asset class. That accolade is owned...
Is 2021 going to be a sparkling year for aluminium?
April 17, 2021 09:37 AM PDT| By Akshaymping duties on imports of aluminium products for the upcoming three years. The pandemic that turned out to be cataclysmic for almost all commodities upon its outbreak, has now shaped up as one of the triggers sparking the price rallies for the...
Demand-supply game balancing the crude oil markets
April 17, 2021 09:31 AM PDT| By Akshayproactively cutting down on oil supplies to avoid oversupply in the market. The rally in the crude oil prices has delivered a shot in arm for the crude oil market battling against the prevailing antagonists such as weakening of US Dollar, ambig....
Wheat Futures taking a breather?
April 10, 2021 05:31 PM PDT| By Team Kalkine MediaSource:sutadimages, Shutterstock Summary Global production of Wheat hit record levels in March 2021 thanks to bumper crop in Australia. Wheat Futures prices soared during June 2020 to January 2021 and witnessed a gain of ~48 percent. Despite...
ICE Cotton prices in a correction mode, more pain to continue?
April 08, 2021 05:36 PM PDT| By Team Kalkine MediaSource:Agnes Kantaruk, Shutterstock Summary Global production of Cotton is expected to rise by ~4.70 percent in 2021/22. Global consumption of cotton has increased by ~14.48 percent in 2020/21. The prices are sustaining above an upward slopin...
Will CBOT soybean price continue to soar or cool off?
April 06, 2021 01:32 AM PDT| By Team Kalkine Mediayear high, however, RSI (14-period) is trading in the overbought zone. CBOT Soybean price has soared on strong demand from China and growing demand for soybean crush in Brazil and the United States. The world’s soybean import increased to...