API Inventory Report Shows Fall in US Crude StockpilesCommodities

API Inventory Report Shows Fall in US Crude Stockpiles

This week’s API Inventory Report showed another round of decline in US crude stockpiles. For the week ending July 1,…

Sugar Price Declines Further Away from Multi-month HighCommodities

Sugar Price Declines Further Away from Multi-month High

Sugar price records another day of lukewarm trading after declining for the second straight day. The raw sugar contract for…

Gold Price Recaptures $1,800 after the DXY Reverts GainsCommodities

Gold Price Recaptures $1,800 after the DXY Reverts Gains

Gold price is back on the driver’s seat after it recaptured the $1,800.00 level on Wednesday. The metal’s spot contract…

Oil prices multiyear highs, OPEC +Commodities

Oil prices multiyear highs, OPEC +

Oil rose to its highest level nearly three years after OPEC and its oil-producing allies postponed talks indefinitely. This comes…

Oil Price Opens the Week in Red, OPEC Talks to ResumeCommodities

Oil Price Opens the Week in Red, OPEC Talks to Resume

Oil price fails to handle the pressure of OPEC’s indecision and clinched lower on Asia’s Monday trading. Brent crude slashed…

OPEC Delays Decision, Oil Moves UpCommodities

OPEC Delays Decision, Oil Moves Up

In the crude oil market, no update is a better update. Investors push crude prices up as OPEC Ministers delay…

Gold Price Suffered from its First Monthly Drop in YearsCommodities

Gold Price Suffered from its First Monthly Drop in Years

June was not a good month for the gold price, where it suffered from its most painful monthly drop since…

Crude Stockpile Declines, Lifting Price Up

Crude stockpile declines again for the sixth consecutive week, showing that the improvement in demand might linger for longer. In…

Gold Price Prepares to Wrap its Worst Month in YearsCommodities

Gold Price Prepares to Wrap its Worst Month in Years

Gold price is preparing to wrap June with a lukewarm feeling. The month proved to be unlucky for the precious…

Booming Iron Ore Price Lifts Aussie ExportsCommodities

Booming Iron Ore Price Lifts Aussie Exports

The spillover effects of the metal supercycle could now be spotted on Australian exports. In the latest update from the…