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.
21 Jul 2020
Chevron to takeover Noble Energy in a $5 billion deal
The US energy giant Chevron has announced an all-stock deal for about $5 billion to buy the oil and gas producer Noble Energy Inc, which is the largest US energy deal in...
16 Jul 2020
Copper climbed to 2-year highs on robust demand and supply disruptions
Copper prices have climbed nearly $3 a pound, to their highest in 2 years, gaining support from the recovering demand, as more global economies and industries restarted...
16 Jul 2020
Crude oil climbs at 4-month highs on lower US inventories
The energy market has been dominated this week with headlines over the OPEC decision for the output cuts, the oil demand outlook, the fear for the second wave of infections, and hopes rising for a...
15 Jul 2020
OPEC expects an increase in crude oil demand by 2021
The Organization of the Petroleum Exporting Countries (OPEC) expects an increase in crude oil demand to soar by a record of 7 million bpd in 2021 to 97.7 million bpd, in...
09 Jul 2020
Commodities extend gains on stronger demand
Commodity prices extended their gains this week, gaining support from stronger demand as economies and industries restarted, offsetting the risk for a second pandemic...
09 Jul 2020
Nasdaq Index and Gold extend their recent rally
US stocks markets rose 1% on Wednesday on improved risk sentiment, while the Nasdaq index hit fresh record highs, supported from a rally in major technology shares such as Amazon and Apple, despite a...
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