Commodities

Gold faces potential further drops as US-China strike deal
May 12, 2025 08:07 PM AEST| By InvezzGold prices seem vulnerable to further declines after the yellow metal fell to a one and a half week low on Monday. “The latest optimism over the US-China trade deal remains supportive of the upbeat market mood and continues to weigh heavily on...

How China is rebranding Venezuelan oil as Brazilian to evade sanctions
May 12, 2025 05:27 PM AEST| By InvezzOver the past year, more than $1 billion in Venezuelan oil shipments to China has been relabeled as Brazilian crude by traders, according to tanker tracking firms, company documents, and traders quoted by Reuters. This practice allows buyers to lower...

Looming oil surplus could stall price recovery, say analysts
May 12, 2025 03:49 PM AEST| By InvezzOil prices are not likely to recover much as a significant surplus is looming on the market, according to analysts. Brent crude oil prices fell below $60 at the beginning of last week following OPEC+’s announcement of a substantial produc...

Oil prices climb as US-China trade talk progress eases market jitters
May 12, 2025 02:32 PM AEST| By InvezzOil prices extended their recent gains in early trading on Monday, buoyed by positive pronouncements from both the United States and China following their weekend trade negotiations. The apparent progress in talks between the world’s two larges...

JPM analyst explains what could push gold prices up to $6,000
May 11, 2025 03:47 AM AEST| By InvezzGold prices have been in a sharp uptrend in 2025 amidst uncertainty related to higher tariffs under the Trump administration and their potential impact on the US economy. Trump tariffs delivered a massive blow to the benchmark S&P 500 index in re...

China accelerates crude oil stockpiling amid sanction fears
May 10, 2025 08:46 PM AEST| By InvezzChina’s seaborne crude oil imports reached an estimated 10.9 million barrels per day in April, marking the highest monthly volume since August 2023, Vortexa said. “This surge was initiated by concerns over potential supply disruptions amid tigh...

UK’s Crown Estate clears offshore wind expansion to raise energy output
May 09, 2025 10:12 PM AEST| By InvezzTo accelerate the UK’s energy transition and efficiently increase capacity, King Charles III’s Crown Estate, owner of Britain’s seabed, has approved the expansion of high-density wind farms on existing seabed leases. The Capacity Increase...

How China’s rare earth exports ban will affect global and Germany supply chains?
May 09, 2025 09:42 PM AEST| By InvezzChina has imposed a ban on the export of seven rare earth elements without an export license, effective since April 4. This action, based on recent history, suggests potential disruptions to global supply chains due to anticipated delays in the...

US solar tariffs disrupt global supply chains and reshape trade routes
May 09, 2025 03:56 PM AEST| By InvezzFollowing the implementation of steep tariffs on solar panel exports from Southeast Asian nations like Cambodia and Thailand, Chinese-owned manufacturers in Laos and Indonesia increased their share of the US market, according to a Reuters report. In...

Geopolitical tensions jeopardise energy flows in India and Pakistan
May 09, 2025 03:50 PM AEST| By InvezzThe intensifying tensions between nuclear powers India and Pakistan pose a significant risk of widespread and severe humanitarian consequences for the region. Escalating tensions highlight the critical need for emergency preparedness in the energy se...

China resumes soybean imports from five Brazilian firms ahead of Lula’s visit
May 09, 2025 12:50 AM AEST| By InvezzChina has resumed soybean imports from five Brazilian companies previously suspended over phytosanitary concerns. The decision coincides with Brazilian President Luiz Inácio Lula da Silva’s expected state visit, highlighting deepening trade cooperati...

Ukraine approves strategic minerals deal with US despite internal concerns
May 08, 2025 11:07 PM AEST| By InvezzUkraine’s parliament has approved a significant minerals agreement with the United States, according to lawmakers. The ratification took place on Thursday. Kyiv anticipates that the agreement will guarantee continued military support from Washi...

EU eases gas storage targets amid price concerns
May 08, 2025 10:07 PM AEST| By InvezzThe European Parliament on Thursday approved a measure to relax the European Union’s regulations concerning the filling of gas storage facilities. This decision aligns with the worries expressed by several member states, which argued that...

Analysis: OPEC+ production hike drags oil price forecasts in H2 2025
May 08, 2025 09:34 PM AEST| By InvezzOil prices may have no relief from further downside in the second half of 2025, with increased supply from the Organization of the Petroleum Exporting Countries and allies flooding the market. Saudi Arabia, the kingpin of OPEC+, appears to have run o...

Europe’s demand for cleaner fuels drives surge in Chadian Doba crude imports
May 08, 2025 08:40 PM AEST| By InvezzSoaring demand for cleaner marine fuel in Europe, driven by shipping companies like Maersk, has led to a complete acquisition of all four April cargoes of Chadian Doba crude by Dutch and German oil refineries, according to a Reuters report. Thi...

Woodside’s annual meeting marred by climate protests and investor backlash
May 08, 2025 03:42 PM AEST| By InvezzClimate change protesters disrupted Australian Woodside Energy’s annual general meeting on Thursday with whistles and shouts. The demonstration heckled Chief Executive Meg O’Neill and caused multiple suspensions, according to a Reuters re...

Gold stays firm as safe-haven demand outweighs hawkish Fed signals
May 08, 2025 03:17 PM AEST| By InvezzGold prices rose on Thursday, reversing a major part of the overnight slide from a two-week high as the US Federal Reserve cautioned against rising inflation and labour market risks. Investors also waited for the outcome of the US-China trade n...

Orsted cancels major UK offshore wind project amid rising costs
May 07, 2025 11:10 PM AEST| By InvezzOrsted announced on Wednesday that it will no longer proceed with the construction of a significant offshore wind farm in Britain. The company attributed this decision to a worsening global business climate for renewable energy projects, accord...

Barrick Mining beats Q1 estimates amid soaring gold prices
May 07, 2025 10:35 PM AEST| By InvezzBarrick Mining Corporation announced on Wednesday its financial results for the first quarter, revealing a net profit that surpassed the expectations of market analysts, according to a Reuters report. This positive performance was primarily att...

India’s US crude oil imports surge amid strategic trade diversification
May 07, 2025 10:06 PM AEST| By InvezzIndia’s imports of crude oil from the US rose sharply by nearly 34% on a month-on-month basis in April as the country ramped up shipments from America. India imported 326,000 barrels per day of crude oil from the US in April, according to data...