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.
19 Oct 2022
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...
13 Oct 2022
Brent retreats to $92/b on a weakening global demand outlook
Brent and WTI crude oil prices extended recent losses toward the $92/b and $87/b levels respectively on Thursday morning following the bearish global fuel demand...
03 Oct 2022
Crude oil rallies 4% as OPEC+ weighs huge output cut to support prices
Both Brent and WTI oil contracts gained 4% on Monday morning to $89/b and $83/b respectively as the OPEC group and its allies led by Russia, a group known as the OPEC+ alliance, are considering...
30 Sep 2022
Gold and Silver edge higher on softer dollar and bond yields
The yellow metal rose to near $1,670/oz on Friday morning supported by a softer dollar and bond yields, gaining more than $65/oz since bottoming at $1,615/oz on...
15 Sep 2022
Gold slips below $1,690/oz on soaring dollar and yields
The price of the yellow metal fell to as low as $1,685/oz, while Silver dropped to $19,30/oz on Thursday morning, extending recent losses as investors concern that the...
07 Sep 2022
WTI drops to $85b on renewed demand worries despite OPEC cuts
WTI crude oil prices extended declines towards the $85/b mark while Brent fell to as low as $91/b during Wednesday’s morning session, hitting their lowest levels since before Russia invaded Ukraine...
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