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.

16 Mar 2023

COMMODITY INSIGHTS

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

COMMODITY INSIGHTS

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

COMMODITY INSIGHTS

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 recovery in major importer China...

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20 Feb 2023

COMMODITY INSIGHTS

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

COMMODITY INSIGHTS

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...

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14 Feb 2023

COMMODITY INSIGHTS

Brent crude rises to $86/b as traders weigh SPR sales and Russian output cut

Both Brent and WTI crude oil prices trade to near monthly highs of $86/b and $80/b respectively, as energy traders weighed the impact of Friday’s 500,000 bpd Russian output cut decision together...

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