Oil Price Hurdles Another Pressure, Down for the DayCommodities

Oil Price Hurdles Another Pressure, Down for the Day

Oil price faces another downward pressure, with growing uncertainty on the market concerning the revamping of crude demand.   Recently,…

Prospects on Bigger Stimulus Package Gives Support to GoldCommodities

Prospects on Bigger Stimulus Package Gives Support to Gold

Despite the strong support for risky assets, gold prices still notched conservative gains for the day.   This is due…

China’s Coal Market Overheats in the ColdCommodities

China’s Coal Market Overheats in the Cold

China weathered its coldest December in the last seven years. The occurrence sent households to need heating during the cold…

Oil Price Surges Amid Low Inventory and OPEC DecisionCommodities

Oil Price Surges Amid Low Inventory and OPEC Decision

Oil price is in another uphill trajectory, undaunted by the inventory build report by the American Petroleum Institute.   This…

Gold Futures Dented by Georgia’s Runoff ElectionCommodities

Gold Futures Dented by Georgia’s Runoff Election

As investors are keeping close monitoring on the state of Georgia’s runoff election results, bets on precious metals are kept…

Oil Price Surged with OPEC’s Output ExpectationsCommodities

Oil Price Surged with OPEC’s Output Expectations

Oil price reached a multi-month high as the market expects that the Organization of Petroleum Exporting Countries and allies will…

Soybean, Others, Weathered a Turbulent YearCommodities

Soybean, Others, Weathered a Turbulent Year

Agricultural commodities weathered a volatile 2020 amid the pandemic and drought in some key producing areas.   Meanwhile, soybean managed…

API Inspection Reports Draw in Crude InventoryCommodities

API Inspection Reports Draw in Crude Inventory

Ahead of the new year’s holiday, API inspection reports a bigger-than-anticipated draw in crude oil inventory. For the period ending…

Gold Cheers on Trump’s Decision on US StimulusCommodities

Gold Cheers on Trump’s Decision on US Stimulus

Gold remains the best performer among its safe-haven counterparts amid President Trump’s approval of the long-standing stimulus package. The price…

Holidays Fail to Buoy Oil Price, Worries on Demand PersistCommodities

Holidays Fail to Buoy Oil Price, Worries on Demand Persist

In a pre-pandemic setting, the December holidays are one of the busiest periods for distillers due to the robust demand…