Commodities

Which are the best performing commodities of 2022?
May 04, 2022 05:25 PM AEST| By Arpit VermaIn 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 .....

Oil prices entangled between China’s lockdown & EU’s Russian oil ban
May 04, 2022 01:58 PM AEST| By Arpit VermaHighlights 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...

Crude oil slips on dampen demand in China
May 03, 2022 07:04 PM AEST| By Arpit VermaHighlights Crude oil prices dipped on Tuesday. The prices of both crude oil benchmarks rose more than 3% in the last week. Beijing reported dozens of new coronavirus cases daily in an outbreak that has entered its second week. Crude oil p.....

Crude oil dips on China’s slower factory activity data
May 02, 2022 07:08 PM AEST| By Arpit VermaHighlights Crude oil prices dipped on Monday. A significant drop in crude oil prices has been witnessed after China revealed its factory activity data on Saturday. European Union’s leaning towards banning imports of Russian oil by the en...

Where does world’s most lithium come from?
May 01, 2022 10:14 AM AEST| By Arpit VermaHighlights 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.....

How could energy price hike impact household power bills?
April 29, 2022 08:49 PM AEST| By Akanksha VashishtHighlights Electricity costs have skyrocketed across Australia, with Queensland and New South Wales facing much of the impact. Electricity bills form a significant part of any household’s expenses, especially for the lower-income strata....

Is Australia’s coal export boom about to end?
April 29, 2022 11:54 AM AEST| By Akanksha VashishtAustralia’s coal exports might soon see a substantial dip as purchases from China are projected to decline. As per a study from the Australian National University (ANU), Chinese coal imports could decline by close to half by 2025 due to its p.....

Crude oil prices slip on rising coronavirus cases in China
April 28, 2022 01:37 PM AEST| By Arpit VermaHighlights Crude oil prices dropped in early Asian trade on Thursday. The oil traders across the globe are focusing on more stimulus coming from China, keeping aside the fears of Beijing lockdown. The U.S. Energy Information Administration (EI.....

Crude oil rises on China's economic stimulus plan
April 27, 2022 12:51 PM AEST| By Arpit VermaHighlights Crude oil prices rose on Wednesday. China’s central bank said that it will step up cautious monetary policy to support the economy which would eventually boost oil demand. Gazprom warned Poland’s PGNiG to halt gas suppli...

Crude oil dips on subdued Chinese energy demand
April 26, 2022 02:01 PM AEST| By Arpit VermaHighlights Crude oil prices dipped on Monday. The prospects of slower economic growth coupled with US interest rate hikes have squeezed the oil demand forecast. the US Federal Reserve's aggressive stance on tightening monetary policy has furth.....

Lithium's use for batteries surges by a whopping 892% in the last decade
April 25, 2022 12:00 AM AEST| By Arpit VermaHighlights Lithium is used in the manufacturing of electric vehicle batteries, drugs and ceramics & glassware. Sales of electric vehicles almost doubled in 2021 relative to previous year. The volume of lithium used for manufacturing batter...

How can Australia secure its fuel supplies as geopolitical tensions boost oil price
April 23, 2022 12:19 AM AEST| By Akanksha VashishtHighlights Fuel prices have risen steeply and reached unprecedented highs this year due to a shortage of oil and gas. A small part of the petrol used in Australia is also produced at Australian refineries. Australia’s domestically produc.....

Crude oil inches higher as EU considers ban on Russian oil imports
April 22, 2022 01:41 PM AEST| By Arpit VermaHighlights Crude oil prices rose on Thursday. A fresh rise in coronavirus in China has also dampened the demand in China. S. crude exports rose to more than 4Mbpd last week. Crude oil prices rose on Thursday on concerns related to tight s.....

BHP’s (ASX:BHP) Q3 output shrinks; Here’s what affected the miner
April 21, 2022 05:48 PM AEST| By Arpit VermaHighlights BHP Group Limited (ASX:BHP) released its third-quarter results on Thursday. The mining giant’s energy coal production during the quarter tumbled 13% relative to the December 2021 quarter. Looking forward, the Company is well g.....

Whitehaven (ASX:WHC) on track to meet FY22 guidance despite fall in Q3 sales
April 20, 2022 07:07 PM AEST| By Arpit VermaHighlights Whitehaven Coal Limited (ASX:WHC) has produced 5% more coal in its third quarter relative to the same quarter in FY21. Despite a fall in the company's total managed coal sales, the miner is committed to delivering its FY22 guidance....

Oil crawls up after dipping more than 5% on Tuesday
April 20, 2022 01:55 PM AEST| By Arpit VermaHighlights Crude oil prices inched higher on Wednesday. The IMF has lowered its forecast for global growth by nearly a full percentage point. The bearish outlook added to price pressure from the dollar trading at a nearly two-year high level, .....

Oil rises on Libya’s supply drop & Shanghai’s rising demand prospects
April 19, 2022 01:08 PM AEST| By Arpit VermaHighlights Crude oil prices rose on Tuesday. The current rise in oil prices is also underpinned by strong prospective demand in China. The possibility of a European Union ban on Russian oil continues to keep the market on edge. Crude oil .....

Where is the oil market headed in next few weeks?
April 17, 2022 12:53 AM AEST| By Arpit Vermacurtailed. The global crude oil market has been volatile for the past few weeks amid ongoing political turmoil between Russia and the Western nations over Ukraine's invasion. Analysts across the globe believe that the oil market might head into....

A flick through five biggest myths of the oil & gas industry
April 17, 2022 12:33 AM AEST| By Arpit VermaHighlights Distributing crude oil and natural gas is highly complex and requires state-of-the-art technology. The price of benchmark West Texas Intermediate (WTI) Crude oil went to negative US$37.63/bbl in April 2020. Apart from petrol an...

WPL to BPT: How these 5 ASX energy stocks are faring as oil rises 4%
April 14, 2022 05:42 PM AEST| By Arpit VermaHighlights Crude oil prices settled nearly 4% higher on Wednesday. The prices of both oil benchmarks are nearly 70% up over the last year. OPEC has reduced its 2022 crude oil demand forecast. Crude oil prices jumped nearly 4% on Wednesday.....

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