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.
18 Sep 2023
Brent crude oil hit a 10-month high of $95 on tight supplies and solid demand
OPEC+ production cuts, low global oil inventories, and the surging global petroleum demand have helped the Brent crude oil prices to climb as high as $95/b, while the...
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06 Sep 2023
Brent crude oil jumps above $90 as Russia and Saudi Arabia extend output cuts
Market participants have turned their attention to the latest energy market moves after OPEC’s de facto leader Saudi Arabia and ally Russia extended voluntary crude...
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10 Aug 2023
Gold and Silver hit monthly lows ahead of U.S. inflation data
Gold and Silver prices hit a monthly low on Thursday morning given the recovering U.S. dollar and bond yields coupled with the prospects of another Federal Reserve rate hike in September.
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10 Aug 2023
Crude oil prices hit multi-month highs on supply concerns
Energy is shining again as Brent and WTI crude oil prices hit multi-month highs on growing concerns over global supply tightening, the increased geopolitical risk, and...
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31 Jul 2023
Crude oil hits three-month highs on supply tightness and recovering demand
Both Brent and WTI crude oil prices hover near three-month highs of $84.50/b and $80.50/b on Monday morning as the production cuts from OPEC+ and Russia have tightened...
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27 Jul 2023
Copper rebounds over $3.90/lb on Chinese stimulus and a falling dollar
The price of copper is approaching the key $4 a pound resistant level, having benefited from Chinese officials promising more stimulus measures to support economic recovery, and the weakness in the U
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