Wheat Gains a Strong 1% on Dry Weather ConcernsCommodities

Wheat Gains a Strong 1% on Dry Weather Concerns

As the dry weather continues to persist, wheat gained footing for the second consecutive session.  Chicago wheat futures gained a…

Gold Fell in Asia As Greenback Regains StrengthCommodities

Gold Fell in Asia As Greenback Regains Strength

Following the gains recorded by the greenback, gold traded lower on Tuesday trading in Asia. The spot gold price settled…

Libya Resumes Production in Sharara Oil FieldCommodities

Libya Resumes Production in Sharara Oil Field

Libya resumes production on the full scale after announcing the Sharara oil field’s reopening, the country’s critical crude source. The…

Silver Recovery Should Be Treated With CautionCommodities

Silver Recovery Should Be Treated With Caution

Gold and silver prices have endured a volatile week. They were recovering from a weak start to turn positive. Unless…

Norway Strike Could Cut Oil & Gas Output by a QuarterCommodities

Norway Strike Could Cut Oil & Gas Output by a Quarter

A strike by oil workers in Norway could cut oil and gas output by almost a quarter. Operators said this…

Energy Giants Fall Short of U.N. Climate GoalsCommodities

Energy Giants Fall Short of U.N. Climate Goals

Europe’s top oil companies are not yet aligned with U.N.-backed targets to combat climate change. This issue is ongoing despite…

Gold Muted as Traders Observe the U.S. DollarCommodities

Gold Muted as Traders Observe the U.S. Dollar

Gold futures hovered near unchanged Tuesday in commodities. It was a day after getting a boost from a weaker U.S.…

Oil Rises on Encouraging News about Trump’s HealthCommodities

Oil Rises on Encouraging News about Trump’s Health

Oil rose in Asian morning commodities trade following encouraging news on U.S. President Donald Trump’s recovery from COVID-19. However, large…

Gold Price Rallies with Trump’s Positive Result for Covid-19Commodities

Gold Price Rallies with Trump’s Positive Result for Covid-19

Precious metals will end the week right. Gold price rallies along with Trump and his wife Melania’s positive result for…

OPEC Oil Output Rise, Price SlipsCommodities

OPEC Oil Output Rise, Price Slips

OPEC oil supplies still linger above the expected mark. This is following Libya’s production restart and Iran’s “alleged” non-compliance to…