Drop in Oil Prices Towards 77 DollarsCommodities

Drop in Oil Prices Towards 77 Dollars

The global oil market has recently witnessed a significant shift as prices approach the $77 per barrel mark. This decline…

ICE Brent Dips Below $80 Amid Market TurbulenceCommodities

ICE Brent Dips Below $80 Amid Market Turbulence

Key Points Last week witnessed a 7.4% plunge in ICE Brent, dipping below US$80/barrel amidst a volatile oil market. Speculations…

Investment Demand in China Keeps the Price of Gold HighCommodities

Investment Demand in China Keeps the Price of Gold High

China’s robust investment demand continues to significantly influence the global gold market, contributing to the sustained high prices of the…

China-Africa Trade in 2023: 1.5% Growth Amid ShiftsCommodities

China-Africa Trade in 2023: 1.5% Growth Amid Shifts

In 2023, China-Africa trade dynamics evolved, presenting a complex landscape of economic interactions. The overall trade volume slightly increased by…

Possible Incident in The Strait of Hormuz Caused TroublesCommodities

Possible Incident in The Strait of Hormuz Caused Troubles

The global oil markets face heightened uncertainty as concerns mount over a potential incident in the Strait of Hormuz, a…

Brent Oil Futures Leap to $80.89 Up 0.42%Commodities

Brent Oil Futures Leap to $80.89 Up 0.42%

Key Points: April Brent oil futures climbed to $80.89, and March WTI futures increased to $76.20. February and March crude…

Aramco Abandons Plan to Increase Oil ProductionCommodities

Aramco Abandons Plan to Increase Oil Production

In a noteworthy strategic move, the Saudi Arabian Oil Company (Aramco) has abandoned its initial plans to increase oil production.…

Oil Prices Drop 0.6% to $81.88 On China ConcernsCommodities

Oil Prices Drop 0.6% to $81.88 On China Concerns

Oil prices underwent significant fluctuations on Tuesday, January 30, influenced by a complex mix of factors. The market saw a…

Brent Crude Oil Jumps 5% to $84/barrel in 2 DaysCommodities

Brent Crude Oil Jumps 5% to $84/barrel in 2 Days

Crude oil trading has again taken centre stage as geopolitical tensions and supply concerns intensify in the Middle East. The…

UBS Predicts 10% Gold Price RiseCommodities

UBS Predicts 10% Gold Price Rise

UBS analysts are optimistic about the future of gold prices, forecasting a ten percent increase. This positive outlook is rooted…