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.

27 Dec 2022

COMMODITY INSIGHTS

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

COMMODITY INSIGHTS

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...

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25 Nov 2022

COMMODITY INSIGHTS

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 market

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18 Nov 2022

COMMODITY INSIGHTS

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

COMMODITY INSIGHTS

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...

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19 Oct 2022

COMMODITY INSIGHTS

European natural gas hits a 4-month low on filled-up storages and warmer weather

Dutch TTF (Title Transfer Facility) gas futures, the benchmark natural gas price in Europe hit a fresh 4-month low of €110 per megawatt-hour (MWh) on Wednesday morning as the initial fear of supply...

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