Oil Prices Slip with Growing StockpilesCommodities

Oil Prices Slip with Growing Stockpiles

This week’s reports came at much dismay to oil industry spectators, contrary to the anticipated surge in oil prices.  Analysts…

Xinjiang Cotton, Tomato, Banned from the USCommodities

Xinjiang Cotton, Tomato, Banned from the US

Successive bans on China’s technology firms amid the ongoing trade war would not have shocked spectators. However, the United States…

Gold Tumbles with Firmer GreenbackCommodities

Gold Tumbles with Firmer Greenback

Gold price tumbles along with the firming performance of the greenback. The US dollar index rose by 0.2% on the…

Oil Prices Trades Down With Saudi’s CutsCommodities

Oil Prices Trades Down With Saudi’s Cuts

The crude oil industry welcomes the week on a new low as the Kingdom of Saudi Arabia applies the highest…

Gold Price Climbs while Stock Market TumbledCommodities

Gold Price Climbs while Stock Market Tumbled

It is rare to see the stock market perform lower after sustained good performance throughout the pandemic. The fluctuating stocks…

Saudi Aramco Delays Texas LNG Investment PlanCommodities

Saudi Aramco Delays Texas LNG Investment Plan

As the oil industry receives one of the hardest blows given by the COVID-19, oil companies derail expansion plans previously…

India’s Sugar Crop May Face Delay in HarvestCommodities

India’s Sugar Crop May Face Delay in Harvest

As Southern Asia faces an uncontrollable rise in COVID-19 cases, India weathers a dilemma that will delay this year’s harvest…

China Propels Copper Metal Price to Record HighCommodities

China Propels Copper Metal Price to Record High

China’s fast economic recovery resulted in an instant infrastructure boom. The primary beneficiary of the successive construction activities is copper.…

Brent Crude Emerges Stronger from PandemicCommodities

Brent Crude Emerges Stronger from Pandemic

After being paralyzed by pandemic-induced circumstances, Brent crude hits its highest record in five months. The surge is brought by…

EIA Inventory Report Sends Oil Price UpCommodities

EIA Inventory Report Sends Oil Price Up

The Energy Information Administration reports another oil inventory draw for the fifth consecutive week.  The EIA report for the week…