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.
21 May 2021
Brent crude oil falls to $65/barrel over US-Iran nuclear talks
WTI and Brent crude oil prices have been experiencing steep losses since the start of the week following the progress was made towards a deal to lift major sanctions on...
18 May 2021
Gold rises to $1.870/oz, Silver extends rally towards $29/oz amid inflationary concerns
Gold and Silver extend rally towards 4-month highs of $1.870/oz and $29/oz respectively, over a lingering softness in the US dollar, while the growing inflationary fear...
29 Apr 2021
WTI crude oil rallies above $65/barrel over a robust demand recovery
WTI crude oil contract extends recent massive gains into Thursday’s trading session, jumping by 2.5% to $65.30/barrel on growing optimism over signs of a higher fuel demand recovery for the rest of...
13 Apr 2021
Gold and Silver edge lower ahead of consumer price inflation data
Precious metals edge lower during early Tuesday’s US trading session ahead of important and well anticipated Consumer Price Index-inflation data. Hence, the stronger...
19 Mar 2021
WTI oil plunges 7%, breaking below $60/barrel on fuel demand concerns
WTI and Brent crude oil contracts plunged 7% on Thursday, posting their sharpest one-day decline since last November 2020, amid the growing worries for weaker oil demand...
04 Mar 2021
Crude oil bounces back above $60/b mark on supply cuts and demand recovery
WTI and Brent crude contracts have recovered strongly from their historic lows of last March on the back of positive news about successful vaccinations, massive fiscal stimulus, and OPEC’s supply...
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