Commodities


 Saudi Arabia and Russia to extend oil supply cuts to August

Saudi Arabia and Russia to extend oil supply cuts to August

July 04, 2023 01:20 AM AEST| By Invezz

Oil prices ticked up today after Saudi Arabia confirmed plans of extending its voluntary supply cuts to August.    Saudi Arabia to cut oil supply by 1 million bpd On Monday, the de-factor leader of the petroleum exporting countries said it...

 Anglo American, Glencore, Rio Tinto share prices tumble as commodities sink

Anglo American, Glencore, Rio Tinto share prices tumble as commodities sink

June 23, 2023 11:55 PM AEST| By Invezz

The commodities supercycle that happened during the pandemic has faded as concerns about China’s recovery ease. As a result, most commodiy prices have dropped in the past few months. The closely-watched Invesco Commodity Index Tracking Fund (DB...

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