Commodities

Crude Oil Rally Continues on Declining US Stockpile  

The latest Energy Information Administration (EIA) report with crude oil stockpile data has sparked celebrations across the oil industry. The trend in...

Crude Oil Prices Stall, Will the Northward Move Continue?

Crude oil price rally has stalled with prices of Brent crude oil futures trading in a range of USD 55.00 to USD 57.50 per barrel. The surge in prices...

Domino effect? How silver short squeeze is impacting ASX-listed stoc...

Silver spot prices witnessed a large gap-up opening during the trading session today. The performance can be attributed to the transformation observed...

Gold Had A Terrific 2020; How Did Platinum Fare?

  The emphatic gold rally was seen at the start of 2020 in various parts of the world because of its limited supply and high demand as a safe-ha...

After Saudi Arabia, Iraq pitches in with Crude Oil production cut

Iraq produced at an average of 3.821 Mbbl/day throughout the last quarter of 2020 as per the OPEC January MOMR data. To make up for the extra producti...

China starts considering Australian coal carriers that arrived befor...

Australia is the leading thermal coal exporter of the world and exports around 70-80% of its produced coal to China. Australia fulfilled around 57 per...

PM Scott Morrison signs an agreement with gas exporters

Aussie Prime Minister, Scott Morrison has sealed a deal with natural gas exporters to ensure the domestic supply of natural gas at a competitive price...

Will 2021 be a breakout year for Australian Rare Earth and LNG firms...

The global rush towards green energy along with an increasing demand for electric vehicles and other battery-operated electronic gadgets have heighten...

How Chinese Ban on Australian Coal Reshuffled The Global Coal Trade?

The Australian mining sector accounts for around 10% of the country’s GDP and makes up for over 50% of the nation's exports. Asian countries inc...

Crude oil bulls stare at USD 60 a barrel, forecasts and estimates yo...

Crude oil prices are inching up smartly with prices of Brent crude oil futures nearing the 11-month high of USD 60.0 a barrel. Image Source: ©...

Uranium Back in Business, Ranger Mine Closure a Set Back for the Exp...

Uranium is once again breaking the headlines after news emerged that Iran is enriching uranium to 20 per cent purity, up against the threshold level s...

Gold price loses sheen as US govt bond yields shoot up

The yellow metal lost some of its shine on Friday as gold slumped on the bullion market by over 3.4%, as the US presidency risks faded away and the US...

Why did KGL Resources Limited’s (ASX:KGL) shares close 12% up on the...

KGL Resources Limited (ASX:KGL) has bagged the approval from the Northern Territory Government for the Mining Management Plan for its Jervois Copper P...

Why is Copper Mountain Mining (ASX:C6C) aiming for higher production...

ASX and TSX listed, Vancouver based mining company Copper Mountain Mining Corporation (ASX:C6C) has exceeded its production targets for Q4 2020 beatin...

ASX nickel stocks rally as underlying commodity clinches 52-week hig...

ASX nickel stocks rally as underlying commodity clinches 52-week high Nickel futures prices are edging higher on the London Metal Exchange over firm...

Gold breaking out of slumber, what are charts saying?

Gold has been under a crabwalk for a while with economic situations around the globe taking a turnaround with the rollout of COVID-19 vaccine. The spo...

ASX iron ore shares continue to rally as underlying commodity price...

Iron ore prices have rebounded once again after a slight fall in the recently over uptick in port stocks and supply ease across China. The commodity t...

Copper Hits 8-Year High: What’s Fuelling the Momentum?

One of the most remarkable stories in the recent past, the recovery of copper price has been in the limelight for the past few months. The coronavirus...

LNG Market Poised to Head North?

LNG prices are on an up surge with spot prices across Asia surpassing the two-year high recently. The increase in LNG prices is well supported by the...

Crude Oil Rallies to 10-Month High After Production Cut Decision   

The oil producer group OPEC+ concluded a meeting over oil production levels in coming months on Tuesday, 5 January 2021. The resurgence of new strains...