Quick Look Base metals face a subdued outlook for 2024, with weak demand pressuring prices. Copper and aluminium are exceptions,…
At A Glance U.S. sanctions against Houthis take effect due to Red Sea attacks, influencing global commodity flows. Oil prices…
Key Points Hedge funds have intensified activities in the cocoa market, pushing prices to record highs. Traders have wagered $8.7…
At A Glance Brent crude oil forecast for 2024 was adjusted to $74 per barrel by Citi amidst oversupply concerns.…
Key Points Brent crude futures slightly down by 1 cent, stabilising at $81.99 a barrel. S. West Texas Intermediate (WTI)…
Key Points Oil prices jumped over 3% due to escalated Middle East tensions and U.S. fuel stock declines. U.S. Energy…
Citi revises Brent crude price forecasts for 2024 and 2025 due to oversupply, setting 2024 expectations at $74 per barrel.…
Key Points Geopolitical tensions from the Israel-Hamas conflict drove oil prices to a 6% increase last week. Brent crude futures…
At A Glance Weak demand should suppress base metal prices; copper and aluminium may see modest gains. Nickel should slump…
Key Points January 2024 witnessed OPEC+ crude output fall by 340,000 barrels per day (b/d), the largest decline in six…
