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.
20 Mar 2023
WTI crude oil slips to $64/b on banking and recession fears
Crude oil contracts have started the new week with further declines following the banking crisis and the economic uncertainty, with the price of Brent crude falling as...
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16 Mar 2023
Crude oil hits 2021 lows on banking crisis fears
Both Brent and WTI crude oil prices hit a fresh 15-month low of $71,70/b and $67,70/b during Wednesday’s trading session, or down 7%, on a broad selloff amid a turmoil...
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14 Mar 2023
Gold and Silver shine on market turmoil after SVB collapse
Many investors consider gold and silver to be the ultimate safe-haven hedge against economic uncertainties, market turmoil, and volatile trading sessions.
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21 Feb 2023
Copper extends gains to $4,20/lb on supply disruptions and China’s reopening
The industrial metal has been in an upward momentum in recent weeks, outpacing metal markets amid supply disruptions in Panama coupled with optimism over a potential...
4 minutes read
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20 Feb 2023
Crude oil fell 4% last week on the U.S. supply glut and on rate hike fears
Brent and WTI crude oil prices closed lower by about 4% last week to $83/b and $76,50/b respectively, on concerns over a U. S oil supply glut, hawkish Fed commentary,...
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17 Feb 2023
Gold and Silver sink to multi-week lows on higher rate expectations
Gold and Silver have been suffering declines this week as the persistently high inflation metrics, the hawkish comments by policymakers, and expectations for higher rate hikes have pushed bond yields...
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