Commodities

Oil Price Down with Growing Stockpiles

The oil price fell as reports show growing stockpiles. Worries on supply outpacing demand for goods surrounded the market. The…

4 years ago

Gold and Silver Prices Edge Lower Despite Wall Street Slide

Amid a massive stock sell-off in Wall Street, gold and silver prices surprisingly continue to edge lower. The safe-haven assets…

4 years ago

Crude Oil Slip as Libya Resumes Production

Crude oil is in another rollercoaster ride as Libya prepares to resume production. The country halted operations in January. This…

4 years ago

OPEC Members Will Stick to Quotas

Saudi Arabia urged OPEC Members to stick to production quotas.    The de facto leader called out its noncompliant constituents…

4 years ago

China Issues Pork Ban on Imports from Germany

China issues a pork ban on German imports after a confirmed case of African swine fever in the European country.…

4 years ago

Hurricane Sally, API Report Drives Crude Oil Up

Crude oil rose for the second consecutive day of trading by roughly 2% as hurricane Sally closed US offshore oil…

4 years ago

Gold Glitters, Dollar Weakens with Dovish Monetary Policy

There is nothing that can make metal investors more jovial than a dovish monetary policy of central banks. Gold and…

4 years ago

Crude Oil’s Terminal Decline, For Good

The economic slowdown imposed by the pandemic drastically incapacitated the global demand for crude oil.  In the early onset of…

4 years ago

The Bullion’s Dilemma is a Stronger US Dollar

The bullion falls before closing the week. The US dollar gains an advance after experiencing a sharp drop against the…

4 years ago

Oil Prices Slip with Growing Stockpiles

This week’s reports came at much dismay to oil industry spectators, contrary to the anticipated surge in oil prices.  Analysts…

4 years ago

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