AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Commodities
Oil falls as China’s downgraded property sector adds fear to demand outlook
December 10, 2021 01:01 PM AEDT| By Arpit VermaHighlights Crude oil price settled lower on Thursday. Rating agency Fitch downgraded property developers Kaisa and China Evergrande Group ratings. South Korea has recorded a huge number of coronavirus cases while cases remain elevated in Austr.....
Crude oil edges higher as Omicron fear wanes
December 09, 2021 02:11 PM AEDT| By Arpit VermaHighlights Crude oil prices settled higher on Wednesday. investors are gradually getting confidence that Omicron cannot derail global economic growth. Brent has recovered by nearly 10% since 1 December. Crude oil prices settled higher in .....
Crude oil climbs up further as Omicron fear retreats
December 08, 2021 01:26 PM AEDT| By Arpit VermaHighlights Crude oil price climbs nearly 3% on Tuesday. Crude oil prices tumbled during the last week. Saudi Arabia increased the selling price of all crude grades from Sunday. Crude oil price rises nearly 3% on Tuesday, extending the pre.....
Will ‘Blue Hydrogen’ reduce Japan’s reliance on coal?
December 07, 2021 05:47 PM AEDT| By Akanksha VashishtAt a time when reducing the consumption of non-renewable energy sources has become an increasingly pressing global issue, Japan seems to have found the light at the end of the tunnel. The country has opted to switch to hydrogen as a recourse to the.....
Crude oil rises as concern eases over Omicron Variant
December 07, 2021 01:50 PM AEDT| By Arpit VermaHighlights Crude oil price climbs nearly 5% on Monday. Brent crude oil gained nearly 38% in 2021. Saudi Arabia increased the selling price of all crude grades to the US and Asia. Crude oil prices climbed up by about 5% on Monday in hopes .....
Commodity wrap-up for the week that was
December 06, 2021 08:27 PM AEDT| By Arpit VermaHighlights Crude oil has gained more than 38% in the last one year. Cobalt, iron ore, and magnesium were among the top weekly gainers. Gold and silver prices were under pressure during the last week. Global commodities witnessed a rollerc.....
Crude oil recovers as OPEC plans to reconsider its output if demand suffers
December 06, 2021 12:42 PM AEDT| By Arpit VermaHighlights Crude oil price recovers on Monday after settling a little higher on Friday. OPEC+ decided to stick to its original plan of gradually increasing the output. The cartel's next meeting is scheduled for 4 January 2022. Crude oil p.....
Crude oil ends higher amid OPEC’s plan to boost output
December 03, 2021 01:18 PM AEDT| By Arpit VermaHighlights Crude oil prices settled higher on Thursday. OPEC+ surprised the market by sticking to its original plan. The cartel decided to boost the supply in January. Crude oil prices settled nearly 1% higher on Thursday after a volatile.....
Crude oil prices dip on strong sell-off amid rising Omicron concern
December 02, 2021 12:30 PM AEDT| By Arpit VermaHighlights Crude oil prices settled lower on Wednesday. Both the benchmarks have been under pressure for weeks. Both the benchmarks have recorded the steepest monthly fall since March 2020. Crude oil prices settled on Wednesday on the bac.....
What forced China to buy Australian coal for the first time in a year
December 01, 2021 08:37 PM AEDT| By Arpit VermaHighlights Chinese power plants are continuously running out of thermal coal stock due to skyrocketing domestic coal prices. The country softened its stance allowing 2.8Mt of Australian coal last month by clearing customs to address the acute s.....
Crude oil records biggest monthly fall since March 2020
December 01, 2021 01:04 PM AEDT| By Arpit VermaCrude oil prices dropped on Tuesday after the chief cast of Moderna doubted the efficiency of the COVID-19 vaccine against the new variant of coronavirus, prompting worries about oil demand. February delivery Brent Crude oil futures last traded at.....
Crude oil trims its gains after recovering on early trade on Monday
November 30, 2021 02:30 PM AEDT| By Arpit VermaHighlights Crude oil prices inched lower on Monday. The prices of crude oil slumped by nearly 10% on Friday. The new variant of coronavirus has created a challenge among OPEC and its allies. Crude oil prices inched lower after recording s.....
Commodity wrap-up for the week that was
November 29, 2021 03:28 PM AEDT| By Arpit VermaThe last week of November witnessed mixed performance from commodities. In the energy sector, oil prices were quite volatile, with prices fluctuating on the back of the US’ call for emergency oil release for cooling global oil prices and risi.....
Crude oil recovers after crashing more than 10% on Friday
November 29, 2021 01:24 PM AEDT| By Arpit VermaHighlights Crude oil prices recovered on Monday. The crude oil market crashed by nearly 10% on Friday. Various countries across the globe have recorded rising cases of the new variant of coronavirus on Sunday. Crude oil prices rose on Mon.....
Crude oil slumps to 2-month lows on Omicron concerns
November 29, 2021 02:59 AM AEDT| By AkshayCrude oil futures slumped to 2-month lows after the new COVID-19 variant spooked investors and added to the existing concerns relating to a possible supply glut in the oil markets. The new variant has been termed Omicron. Read Here: Can release of.....
Here’s how renewables will help Australians to save AU$77 a year
November 26, 2021 08:20 PM AEDT| By Arpit VermaHighlights The Australian EnergyMarket Commission (AEMC) predicts that the household electricity bills are likely to below AU$0.26 per kWh, the lowest since 2017. The typical household bills in Queensland are expected to drop by 10% by 202.....
Crude oil dips on the back of US-led emergency oil release
November 26, 2021 02:47 PM AEDT| By Arpit VermaHighlights Crude oil prices dipped on Thursday. OPEC believes that the US release is expected to increase the surplus by 1.1 million bpd. Oil watchers are now eagerly waiting for the meeting of OPEC and its allies, scheduled on 1-2 December. .....
Will the release of strategic crude reserves solve the demand-supply conundrum in oil market?
November 25, 2021 02:28 PM AEDT| By DaminiOil prices have exhibited increased volatility over the past few months amid various factors altering the demand-supply dynamics from all directions. Oil prices have rallied by over 58 per cent this year, backed by supply cuts from OECD and some de.....
Oil steadies as investors questioned SPR effectiveness
November 25, 2021 01:46 PM AEDT| By Arpit VermaHighlights Crude oil prices steadied on Wednesday. The US along with other oil consumers are expected to release oil from their strategic reserves. The US stockpiles rose by 1 million barrels in the last week. Crude oil prices steadied on.....
Crude oil rallies after leading oil consumers tap SPR
November 24, 2021 01:39 PM AEDT| By Arpit VermaHighlights Crude oil prices rose on Tuesday. The prices reached one-week high. Leading oil consumers are expected to release millions of barrels of oil from their strategic petroleum reserves (SPR) to cool down oil prices. Crude oil price.....
Advertise your brand on Kalkine Media