COMMODITY INSIGHTS
Commodities are capturing vastly the attention of investors amid the latest monetary turbulence. Our experts, therefore, demonstrate the daily global commodity key developments to know.
05 Jan 2023
Crude oil and Natural Gas plunge on recession fears and a warmer weather
Crude oil and natural gas prices have started the new year on the left footing as the growing worries about the global economy, the contraction of global manufacturing...
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27 Dec 2022
Brent oil hits $85/b on a severe U.S. snowstorm and China’s reopening
Brent and WTI crude oil prices climbed to near $85/b and $80/b respectively on Tuesday morning as a severe Arctic snowstorm, frigid cold, and blowing winds, which swept...
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06 Dec 2022
Brent drops 3% to $83/b despite the EU embargo and G7 price cap on Russian oil
Both Brent and WTI crude oil prices ended Monday’s session sharply lower by more than 3% to near $83/b and $77/b respectively, after U.S. ISM Services sector activity unexpectedly accelerated in...
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25 Nov 2022
Crude oil price volatility as OPEC, China, and Russian price cap talks weigh on market
It was another volatile week for the crude oil market given the huge price swings on various headwinds that weigh on the demand and supply fundamentals of the energy...
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18 Nov 2022
Brent crude falls below $90/b on China Covid worries
Both Brent and WTI crude prices sank below the critical support levels of $90/b and $82/b respectively on Friday’s morning session, ahead of heavy weekly losses on the...
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31 Oct 2022
Wheat jumps 7% as Russia exits a grain export deal with Ukraine
The new trading week started with a rally on grains across the agricultural board, with Wheat futures jumping nearly 7% as investors revived concerns over tighter global grain supplies after Russia's...
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