Commodities

European Crude Oil Brent Steady at $64/bbl

After getting a much-needed boost from the events that transpired last week, European crude oil Brent has remained at a…

3 years ago

Gold is Proving to be Unshakeable above $1,700

Gold is staying bold and steady above the critical psychological support of $1,700.00 that analysts projected it would tumble below.…

3 years ago

Oil Price Exits March with a Conservative Gain

March was one for the books for oil price. Two of the leading benchmarks weathered significant numbers of swing highs…

3 years ago

Bigger Tariff on Beef Called as Deforestation Worsens

Global deforestation accelerates by 12% from 2019 levels. This is despite the pandemic shock, which sent consumer spending nearly frozen…

3 years ago

Gold is Approaching the Critical Danger Zone

It is another lukewarm trading for metal markets. Recently, gold is approaching the psychological threshold of $1,700.00 per ounce after…

3 years ago

Suez Canal Development Sends Oil Price Down

After series of efforts from stakeholders, the stranded container ship, which caused hundreds of re-routings are reportedly completely refloated and…

3 years ago

Gold and Silver Pressured by Strengthening Dollar

Metal prices come under the radar of the strengthening greenback and rising crude prices.   Gold is about to record…

3 years ago

Even a Suez Canal Jam could not Steady Oil Price

The Suez Canal traffic jam is likely to affect 13 million barrels of crude supply. However, even this factor could…

3 years ago

US Soybean Futures Eases but Still Near Two-week High

US soybean futures edged lower on Wednesday’s session after hitting a multi-week high on Tuesday.   The most-active contract edged…

3 years ago

Battle of the Safe Havens: Gold Down, Dollar Up

The US dollar’s recent muscle-flexing is outshining Gold, sending the battle of safe havens to another round. The joint testimony…

3 years ago

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