Commodities

Crude oil rises further waning Omicron’s fear

Highlights Crude oil prices rose on Thursday. On Wednesday, the prices of crude oil reached their highest level since November. Crude oil prices...

Saudi to host Future Minerals Summit, eyes on mining companies’ rene...

Highlights Engineers across the whole world are trying their best to get the most out of the minerals to reduce greenhouse emissions. Saudi Arabia...

Crude oil rises on falling US inventories

Crude oil prices reached their highest level since November on Wednesday offsetting concerns that rising cases of coronavirus across the globe might d...

Crude oil rises despite rising Omicron concerns

Highlights Crude oil prices rose on Tuesday. Both the contracts reached their highest level in a month, strengthened by boosting US equities. Omi...

Crude oil rallies on reduced threats of Omicron’s severity

Highlights Crude oil prices rose on Thursday. The prices had been struggling on concerns that the supply will exceed the demand in 2021 due to ris...

Commodity prices climbed the wall of worries in 2021

The year 2021 has been a great one for many commodity players, with several commodities seeing a sharp surge in the prices. Be it metals or energy com...

Crude oil dips on strong dollar and oversupply concerns

Highlights Crude oil price tumbled on Tuesday. Producer prices reached 11-year highs on Tuesday. Governments across the globe are trying hard to...

Omicron fear dampens oil demand

Highlights Crude oil price eased on Monday. More than 60 countries across the globe have shown a very high global risk. Governments across the gl...

Crude oil climbs up further as Omicron fear retreats

Highlights Crude oil price climbs nearly 3% on Tuesday. Crude oil prices tumbled during the last week. Saudi Arabia increased the selling price o...

Will ‘Blue Hydrogen’ reduce Japan’s reliance on coal?

At a time when reducing the consumption of non-renewable energy sources has become an increasingly pressing global issue, Japan seems to have found th...

Crude oil recovers as OPEC plans to reconsider its output if demand...

Highlights Crude oil price recovers on Monday after settling a little higher on Friday. OPEC+ decided to stick to its original plan of gradually i...

Crude oil ends higher amid OPEC’s plan to boost output

Highlights Crude oil prices settled higher on Thursday. OPEC+ surprised the market by sticking to its original plan. The cartel decided to boost...

Crude oil records biggest monthly fall since March 2020

Crude oil prices dropped on Tuesday after the chief cast of Moderna doubted the efficiency of the COVID-19 vaccine against the new variant of coronavi...

Crude oil recovers after crashing more than 10% on Friday

Highlights Crude oil prices recovered on Monday. The crude oil market crashed by nearly 10% on Friday. Various countries across the globe have re...

Crude oil slumps to 2-month lows on Omicron concerns

Crude 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 s...

Will the release of strategic crude reserves solve the demand-supply...

Oil prices have exhibited increased volatility over the past few months amid various factors altering the demand-supply dynamics from all directions....

What to expect from copper prices in the months ahead?

Copper has staged a remarkable journey in 2021 so far, with the price of the commodity rising by over 25 per cent despite the virus crisis. Thanks to...

Crude oil climbs up on indication that OPEC+ could reassess output

Crude oil prices rose on Monday recording gains on previous losses on the news that OPEC along with its allies may rethink their plans of increasing p...

Crude oil hits six-week low on recuperated supply concerns

Highlights Crude oil prices slumped on Wednesday. The US urged other major oil consumers like Japan and China to consider a coordinated release of...

Oil settles mixed on tight stocks & demand slumps amid rising COVID-...

Highlights Crude oil settled mixed on Tuesday. The US crude stocks were anticipated to rise in the fourth consecutive week. OPEC and its allies r...