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…

Not One Day without Red on Oil Price this WeekCommodities

Not One Day without Red on Oil Price this Week

Oil price records its fifth consecutive day of fall after US crude and fuel inventories hiked unexpectedly last week.  …

US Beef Exports to Japan Hiked to Excessive LevelCommodities

US Beef Exports to Japan Hiked to Excessive Level

Amid the volatility in overall food prices, US beef exports to Japan reached an unexpectedly high level for the fiscal…

Gold Steady Ahead of Federal Reserve MeetCommodities

Gold Steady Ahead of Federal Reserve Meet

Gold is behaving more quietly today. Traders are avoiding making big moves ahead of the Federal Reserve meeting scheduled today.…

Oil Price Remaining Alert of $70 per Barrel ThresholdCommodities

Oil Price Remaining Alert of $70 per Barrel Threshold

At the start of regular trading a week prior, the oil price for the Brent contract hit $70 per barrel…

Gold Weathered Volatility Gracefully this WeekCommodities

Gold Weathered Volatility Gracefully this Week

Gold is trading positively on Asia’s Friday session, posing to end the week with gains. The metal has weathered significant…