Oil Price Exits March with a Conservative GainCommodities

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…

Bigger Tariff on Beef Called as Deforestation WorsensCommodities

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…

Gold is Approaching the Critical Danger ZoneCommodities

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…

Suez Canal Development Sends Oil Price DownCommodities

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…

Gold and Silver Pressured by Strengthening DollarCommodities

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…

Even a Suez Canal Jam could not Steady Oil Price Commodities

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…

US Soybean Futures Eases but Still Near Two-week HighCommodities

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…

Battle of the Safe Havens: Gold Down, Dollar UpCommodities

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…

Oil Price Retraces with Europe’s Tighter RestrictionsCommodities

Oil Price Retraces with Europe’s Tighter Restrictions

Oil price receives the weight of the old continent’s decision to adopt stricter and extend lockdown measures.   France announced…

Gold Price Eases with Usual CatalystCommodities

Gold Price Eases with Usual Catalyst

Gold poses to enter the last regular trading day of the week in the red. This is following the rise…