AUS
NZ
UK
CA
USA
IND
Commodities
BHP inks deal with Shell to power LNG carriers
December 01, 2020 07:07 PM PST| By Kunal SawhneyAs a pledge to reduce carbon emission, BHP (ASX:BHP), a global resource company with dual listing in the UK and Australia, has signed an agreement with Shell to fuel five LNG powered Newcastlemax bulk carriers. LNG powered carrier vessels which BH.....
OPEC+ Delays Production Cut Decision, November Rally Halts
December 01, 2020 04:49 PM PST| By Team Kalkine MediaThe crude oil market finally hits a limbo with prices of Brent futures struggling around USD 50 mark to trade in a range from USD 49.00 per barrel to USD 48.00 per barrel after showing an immense recovery. Image Source: © Kalkine Group 2020...
How Are Businesses Encashing the Gold Bonanza?
November 24, 2020 05:00 AM PST| By Hina ChowdharyGold has been quite the charmer as a safe haven asset in 2020 with the spot price vaulting to a record high of USD 2,073.41 per ounce in August 2020. The impeccable rally in gold prices has brought a smile on many faces with several banks, royalty .....
Gold Prices Tepid, what is ailing the precious metal bulls?
November 22, 2020 11:12 PM PST| By Team Kalkine MediaGold spot's multi-contributor prices are continuously trading in the consolidating range between USD 1,846-USD 1,967 per troy ounce. However, Gold prices gave two consecutive closes below the 21-period moving average after the post-March COVID-19 p.....
Crude Oil rallies over 4% in three days, what is keeping the bulls busy?
November 04, 2020 06:17 PM PST| By Hina ChowdharyThe Crude oil prices jumped early on 03 November 2020, with Brent benchmark crude prices back above the $40 per barrel, fresh rally in the financial markets and a weaker U.S. dollar on Election Day are considered the main reason for the recent jump.....
Saudi Plans on Taking Renewable to 50% of the Energy Mix, Market Doubts: Impact on the Oil Space?
October 16, 2020 10:55 AM PDT| By Kunal SawhneySaudi Arabia’s energy minister Abdulaziz bin Salman plans to take the renewable energy to 50 per cent of the total power generation capacity by 2030; however, the market pounders on how true Saudi’s interest in the renewable project is,.....
.jpg)
Is This the Consolidation Phase for Gold and Silver? Are There any Surprises?
October 12, 2020 09:47 PM PDT| By Team Kalkine MediaGold Spot Multi-Contributor (XAU/USD) on Technical Chart Gold Spot Multi-Contributor (XAU) Monthly Chart (Source: Refinitiv Eikon Thomson Reuters) Gold prices were on an upswing on 09 October 2020, and closed at USD 1929.43, up by 1.87%. Gold i.....
.jpg)
Copper Rally Halts– A Potential Casualty Over Supply Chain Restoration
September 25, 2020 04:42 AM PDT| By Team Kalkine MediaAn impressive recovery amid a sentiment splash has helped copper see strong rally. Copper prices rallied from USD 1.9795 per pound (intraday low on 19 March 2020) on COMEX to the recent high of USD 3.1210 per pound (intraday high on 21 September 20.....
US stockpiles Dry up, a big boost for oil prices. Is oil headed higher from here?
September 18, 2020 12:57 AM PDT| By Team Kalkine MediaU.S. crude oil stockpiles are declining as imports from Saudi Arabia are declining and exports rising. The exports have increased by 1.2 million barrels per day, with China being the major consumer. China has imported nearly 1 million barrels per d.....
How Are Global Crude Oil Giants Responding to the New Normal?
September 17, 2020 10:38 PM PDT| By Team Kalkine MediaSaudi Arabia, the world’s largest crude oil producer, has been supplying crude oil at a price lower than international prices to China in order to capture higher market share. However, the market situation changed as China ran out of space to.....
Silver Back in Action!! Charts Reflecting on Bullish Sentiments
September 02, 2020 03:24 PM AEST| By Team Kalkine MediaSilver prices have been emerging as the darling commodity with returns even outperforming gold on a six-month basis. The investing community on the global front is now eyeing silver over the emerging supply disruptions and robust demand for the wh.....
LNG in a Hive of Activity, Contango as Winter demand Beckons
August 21, 2020 11:36 PM PDT| By Team Kalkine MediaAs the LNG market prepares for a major contraction in the yearly levels during 2020, the industry players have been proactive enough to manage the supply cuts, which followed the major demand destruction disrupting the LNG trade. The LNG prices on.....
Why Did Trump Reignite Aluminum Tariff War on Canada?
August 07, 2020 07:46 AM PDT| By Team Kalkine Media(Featured image Source: Government of Canada Photos) Summary United States President Donald Trump imposed tariffs on aluminum imports from Canada. Canada warned of a “dollar-to-dollar” retaliatory imposition of tariffs. Th...
Gold Supply Disruptions and Paradigm Shift in Gold Miners’ Business Strategy
August 05, 2020 01:31 AM PDT| By Team Kalkine MediaSummary Gold is once again talk of the town with recent surge in gold spot to a record high of USD 2,031.07 per ounce, well above the much-awaited mark of USD 2,000 per ounce. Investors have embraced gold in 2020, leading to a gush in spot pric.....
Orocobre Posts 48 Per Cent Decline in Quarterly Revenue, Total Sales Cost Reaches A Record Low
August 03, 2020 06:38 AM PDT| By Team Kalkine MediaSummary The COVID-19 outbreak has added to the ever-growing problems faced by the lithium industry, which has been struggling in the past to deal with the supply glut. The lithium industry remained under oversupply conditions before and the COV.....
China and Taiwan- The Emerging Catalyst In the Global LNG Demand Growth Curve
July 31, 2020 04:12 AM PDT| By Team Kalkine MediaSummary The global LNG trades are moving at rabbit’s pace, with total trades reaching 348 million tonnes in 2019, leading to a supply rush, which is now dependable on China and Taiwan imports and energy policies. Both China and Taiwan are.....
Silver Catches up With Gold and How!
July 28, 2020 09:42 PM PDT| By Team Kalkine MediaSummary Silver has been under an impeccable and unabated rally with spot prices reaching to a seven-year high of USD 26.201 per ounce on 28 July 2020. The rally in silver is not lagging behind gold, which in the status quo, has emerged as a sta.....
Energy Stocks’ Recovery From Pandemic Is Going To Be A Long Affair
July 26, 2020 07:00 PM PDT| By Team Kalkine MediaGrowth in Canada’s energy sector has stalled since the pandemic unleashed terror on the markets. The third largest sector on Toronto Stock Exchange (TSX), the country’s key bourse, touched historic lows in more than two decades in March.....
OPEC and Allies Ease Supply Cuts, Market Goes Range-Bound; Things You Should Know
July 17, 2020 04:55 AM PDT| By Team Kalkine MediaSummary The oil market is again range-bound despite supply ease by OPEC and allies as the market assesses the recent development to be balancing the demand and supply dynamics. OPEC and allies have decided to ease the production cut from a reco.....
