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Property crisis weighs again on market sentiment in top oil buyer China Fed speakers, including Chair Powell, on higher-for-longer rates messaging Russian fuel export ban puts floor beneath oil...
Energy - Speculative appetite grows The oil market has held relatively steady in recent days with tightness in the physical market coupled with Russia’s recent export ban on diesel and...
Crude Oil is on track to record its 11th weekly gain in the past 13 weeks as Morgan Stanley (NYSE:MS) hiked the price forecast for 2023 and 2024. Oil prices continued to advance on Friday,...
LME copper stocks doubleCopper stocks held on the London Metal Exchange (LME) have more than doubled in the space of two months. This shows clear signals of weakening demand. Inventories of the red...
Russian leader eager to use oil supply, price to hurt Biden and other rivals Joined by the Saudis, Putin's plan has greater odds of success in a cold winter Those targeted may only...
As Brent crude edges closer to the symbolic threshold of $100 per barrel, nations and industries worldwide are bracing for the impact.The surge to nearly $95 this week marks a 10-month high due to a...
The price of gold is trading just off its all-time high while the price of silver is lagging. Together, they haven’t quite provided mining equities the boost they need to outperform the broad...
Crude oil prices were retreating in the last two days ahead of the FOMC decision The prices now trade about 3.5% lower than the highs printed on Tuesday morning Several industry officials have noted...
Oil prices have been rising to multi-month highs recently on tightening supply and recent production cuts by Saudi Arabia and Russia. As a result, Chevron (NYSE:CVX) CEO expects prices to exceed...
Top base metal remains super sensitive to gyrations in China’s property market Copper needs weekly close above $4/lb to sustain a breakout, charts show Slide below $3.70 could take it all...
Energy: Brent timespreads strengthen Oil prices remain well supported, with ICE (NYSE:ICE) Brent edging closer towards US$95/bbl as the market continues to become increasingly concerned over the...
As Wednesday D-day for Fed nears, oil bulls hold resolutely to Sept gains Longs point to upbeat Chinese as proof that demand is tail-gaiting supply cuts Hawkish Fed verdict on inflation even without...
China’s Banking Stimulus Round 2 doesn’t look different at all from Round 1 Estimated freed-up 500 bln yuan nowhere enough for China’s woes - analysts But commodities front-run the...
Gas prices up relatively little over past week, less than 9%, despite all that’s going on Mid-$2 support strong, next levels seen at between $2.80 and above $3 Weekly gas build likely to...
Oil prices are on the rise once again. US crude managed to break above a key resistance back in late August and has been steadily making its way towards the $90 mark, with Brent crude...