Commodities

Russia-Ukraine conflict: What is happening with wheat prices?
March 08, 2022 06:13 PM AEDT | By Akanksha VashishtThe events unfolding amidst the Russia-Ukraine conflict are highlighting different perils of war – one of them being declining food security. Wh...

Commodity wrap-up for the week that was
March 07, 2022 08:14 PM AEDT | By Arpit VermaHighlights A staggering jump in prices of commodities ranging from agricultural to energy products is underpinned by concerns of supply shortages....

Crude oil surges to 14-year highs on delays in Iranian talks
March 07, 2022 03:47 PM AEDT | By Arpit VermaBrent Crude Oil prices surged to US$139.13/bbl on Monday, the highest since 2008 as the ongoing crisis between Russia and Ukraine intensifies. The Wes...

Gold prices surpass US$2,000oz as Russia-Ukraine tussle escalates
March 07, 2022 03:22 PM AEDT | By Arpit VermaHighlights Gold prices reached to 18-month highs on Monday. The tension between Russia and Ukraine escalates. The rising uncertainties lifted the...

Will commodities’ rally continue?
March 06, 2022 03:21 PM AEDT | By Arpit VermaHighlights Western allies, including the US and the European Union, have blocked Russian banks from the SWIFT payment system. Moscow's invasion of...

How Russia-Ukraine war could trigger gas price explosion
March 06, 2022 12:38 AM AEDT | By Arpit VermaThe ongoing conflict between Russia and Ukraine has fuelled a rally in the commodity market. The prices of most of the commodities ranging from crude...

Is Australian coal industry set for new growth story amid Ukraine-Ru...
March 04, 2022 09:02 PM AEDT | By Nitish KumarHighlights Australia is the world’s second-largest thermal coal exporter, while Russia stands at the third position. Several countries have...

Crude oil slides from multi-year highs as Iran talks rev up
March 04, 2022 04:40 PM AEDT | By Arpit VermaHighlights Crude oil prices tumbled on Thursday. The prices of both the oil benchmarks hit multi-year high levels during the initial trading sessi...

Crude oil surpasses US$110/bbl on supply shortage concerns
March 03, 2022 01:57 PM AEDT | By Arpit VermaHighlights Crude oil prices bolstered to a new eight-year high level on Wednesday. The rise in oil prices was ignited after the Western allies and...

Crude oil gains over 7% to reach 7-year high
March 02, 2022 02:05 PM AEDT | By Arpit VermaHighlights Crude oil prices rose on Tuesday to reach fresh seven-year high. Members of the International Energy Agency (IEA) agreed to release 60...

Crude oil settles higher on rising supply concerns
March 01, 2022 02:04 PM AEDT | By Arpit VermaHighlights Crude oil prices rose on Monday. Russia is facing severe disruptions to its exports after Western allies imposed stiff sanctions on Mos...

Oil rises after Western allies block Russia’s SWIFT payments
February 28, 2022 02:24 PM AEDT | By Arpit VermaHighlights Crude oil prices surged more than US$7/bbl on Monday. the Russian President Vladimir Putin put the country’s nuclear deterrent on...

Crucial commodities that could be affected by the Russia-Ukraine war
February 27, 2022 12:47 AM AEDT | By Arpit VermaTensions between Russia and Ukraine have reached a fever pitch as Russian President Vladimir Putin announced a military operation on Ukraine on Thursd...

Up ~562% in last one year: What’s fuelling lithium prices?
February 26, 2022 01:13 AM AEDT | By Arpit VermaGlobal appetite for lithium has surged dramatically in the recent years, fuelling the price of the silvery-white metal. Lithium carbonate prices have...

Brent hits US$105/bbl as Russia attacks Ukraine
February 25, 2022 01:47 PM AEDT | By Arpit VermaHighlights Brent Crude oil prices hit the mark of US$105/bbl on Thursday. The tension escalated on Thursday after Russian President, Vladimir Puti...

Gold, Crude oil, and Aluminium: 3 Commodities to keep an eye on as R...
February 24, 2022 07:55 PM AEDT | By Arpit VermaVladimir Putin, the Russian President, announced a military operation in Ukraine in the wee hours on Thursday after several weeks of intense diplomacy...

Shining in times of crisis: How gold prices reacted during major war...
February 24, 2022 01:56 PM AEDT | By Nitish KumarHighlights Gold is, once again, in the limelight as the world is gripped by high inflation and ongoing tensions between Russia and Ukraine. Gold h...

Oil steadies as the US is unlikely to impose sanctions on Russian oi...
February 24, 2022 01:52 PM AEDT | By Arpit VermaHighlights Crude oil prices steadied on Wednesday. The prices hovered near US$100/bbl on Tuesday, reaching the highest level since 2014. Australi...

Crude oil hits US$99.50/bbl as Ukraine crisis intensifies
February 23, 2022 09:08 PM AEDT | By Arpit VermaHighlights Brent Crude Oil prices rose as high as US$99.50 a barrel on Tuesday, with prices settling near 2014 highs. The significant rise in the...

Oil hovers near US$100/bbl as the US announces Russian sanctions
February 23, 2022 02:14 PM AEDT | By Arpit VermaHighlights Crude oil prices hover near US$100/bbl on Tuesday. Russian force killed a group of five saboteurs on Monday who breached Russia’s...