API Inspection Shows Fall in Inventory by 5 Million BarrelsCommodities

API Inspection Shows Fall in Inventory by 5 Million Barrels

API inspection reverts lukewarm data released in the previous week after showing a fall in crude inventory. For the week…

Gold Steady as Investors Eye Fed’s Policy MeetingCommodities

Gold Steady as Investors Eye Fed’s Policy Meeting

Gold remains steady, making only conservative moves for the day ahead of the Federal Reserve’s policy meeting. The central bank…

Oil Price Reverts Previous Losses but Demand Woes WeighCommodities

Oil Price Reverts Previous Losses but Demand Woes Weigh

Oil price managed to regain losses incurred in the early morning session in Asia.    However, the black gold remains…

Gold on the Line the End the Week with Losses

Gold is lined up to end the week in red after benchmark US treasury surges back above 1%.   Nevertheless,…

Palm Oil Products at Risk of High PricesCommodities

Palm Oil Products at Risk of High Prices

Palm oil products ended last year on a high note. Prices received a much-needed boost from production concerns amid the…

Crude Oil Trading Upbeat, Yellen’s Statement Supports

Crude oil trading is back on the green as investors draw optimism from Janet Yellen’s statement on bigger stimulus spending.…

Copper Advanced with China’s GDP RallyCommodities

Copper Advanced with China’s GDP Rally

On Monday, China reported a better than expected GDP data which surpassed analysts’ expectation of a 6.1% growth. The country…

Oil Price Takes Breaks over Pandemic WorriesCommodities

Oil Price Takes Breaks over Pandemic Worries

Oil price grabs the breaks from hikes as a worldwide hike in coronavirus cases dampen demand outlook. The black gold…

Gold Digests Biden’s Stimulus SurpriseCommodities

Gold Digests Biden’s Stimulus Surprise

President-elect Joe Biden’s recent stimulus package announcement may come as a surprise, but many spectators were not taken aback.  …

Cannabis Shop May Sprout as Mexico Approves Legalization

Despite having a notorious reputation of drug cartels, Mexico moves ahead to legalize the pot.   Spectators are divided on…