Commodities

WPL to BPT: How these 5 ASX energy stocks are faring as oil rises 4%

Highlights Crude oil prices settled nearly 4% higher on Wednesday. The prices of both oil benchmarks are nearly 70% up over the last year. OPEC h...

What makes Western Australia the world’s top mining destination

Highlights Western Australia is the world’s top mining destination, revealed a survey of mining and exploration companies for 2021. The Aust...

Oil rises on Russian production cuts & OPEC’s supply warning

Highlights Crude oil prices rose on Wednesday. Russian condensate production tumbled below 10Mbpd to reach the lowest level since July 2020. On T...

Crude oil rises on OPEC’s warning of tight supplies

Highlights Crude oil prices inched up on Monday. The Organisation of the Petroleum Exporting Countries (OPEC) has warned that it would be diffic...

Commodity wrap-up for the week that was

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 a...

Crude oil dips on easing supply concerns as IEA releases stockpile f...

Following the second straight weekly decline, crude oil prices tumbled on Monday as the world consumers announced their plans to release a substantial...

Where is Australian EV market headed after March milestone?

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...

Where is US shale gas industry headed? Can it fulfil LNG promise to...

US President Joe Biden and European leaders recently reached an agreement aimed at reducing Europe's dependence on Russian fossil fuels. As part of th...

Crude oil dips on worries of Russian oil sanctions

Highlights Crude oil prices tumbled on Thursday. Oil prices were also pressurised by lower demand in China, one of the leading oil consumers in th...

Crude oil dips on big IEA reserve release announcement

Highlights Crude oil prices tumbled on Wednesday. Members of the International Energy Agency (IEA) decide to release 120 million barrels from stra...

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

Highlights The Department of Industry, Science, Energy and Resources, forecasted resource export earnings to jump by a whopping 33% in FY21-22. Wo...

How much crude does Australia import every year?

The ongoing Russia-Ukraine war has sparked chaotic price movements in commodities, primarily impacting oil prices. In recent days, the crude oil price...

Crude oil tumbles as US plans largest ever release from SPR

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....

Are nickel supply concerns a speed bump for EVs?

Highlights Nickel is one of the most important and irreplaceable battery metals used in lithium-ion batteries (LIBs). Automakers are collaborating...

Has lithium become too expensive for EVs?

In what shows Australians’ growing love for electric vehicles, the country recently saw 109 Hyundai electric SUVs being sold out in only six and...

MIN to SRL: Here’s how these battery metal stocks are faring

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...

Here’s why US is ready to fund Australian critical mineral projects

Highlights Leading economies of the world are racing to secure futures supplies of critical minerals. The US is increasingly dependent on foreign...

When did gold touch its highest level and why?

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...

Crude oil gains on tight supply concerns amid fresh Russian sanction...

Highlights Crude oil prices have risen nearly 3% on Wednesday. The prices were scaled down previously as Russia promised to reduce its military pr...

Crude oil gains on prospects of new Russia sanctions

Highlights Crude oil prices tore heavy losses of the initial trading session on Wednesday. The prices tumbled significantly during the initial ses...