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.
29 Jan 2024
Brent crude oil prices hit a fresh 2-month high of $84.80/b on Monday morning, and the U.S.-based WTI oil briefly broke above the $79/b level, driven by the prospect of...
08 Jan 2024
Crude oil prices have continued their weak sentiment into the new year driven by the slowing oil demand, the oversupplied conditions, and the growing inventories,...
07 Dec 2023
Brent and WTI crude oil hit fresh 5-month lows of $74/b and $69/b respectively on Wednesday, or down nearly -4%, amid growing concerns over fuel demand on the clouded outlook for China’s economic...
27 Nov 2023
Gold shines again, as the price of the yellow metal advanced to a six-month high of $2,018/oz, and Silver to $24,70/oz on Monday morning, driven by a softer U.S. dollar...
23 Nov 2023
Wednesday was a volatile trading day for the crude oil market as both Brent and WTI fluctuated up to 4% down, after a surprising move by the OPEC group and its allies...
12 Nov 2023
Both Brent and WTI crude oil prices tumbled over 4% on Tuesday, to have their lowest finish since end-July of $81.61/b and $77.37/b respectively, on the back of a slowdown in China’s oil demand and...