Venezuela delivers fuel tanks from IranCommodities

Venezuela delivers fuel tanks from Iran

Venezuela‘s El Palito refinery has received the first two of five Iranian tankers carrying fuel to the country. Iran is…

Silver is forecast to surge massively in 2 monthsCommodities

Silver is forecast to surge massively in 2 months

The silver market is on the move. It is finally getting ahead of other precious metals and shows as though…

The largest gold miners produced 1mln ounces less in the Q1Commodities

The largest gold miners produced 1mln ounces less in the Q1

A study of the largest gold mining companies reveals falls in the gold production in the first quarter of the…

Uranium has outperformed major commodities in 2020Commodities

Uranium has outperformed major commodities in 2020

The energy sector suffered from a decline in petroleum demand because of the coronavirus pandemic. However, uranium has outperformed many…

Oil price dropped again after the remarks of the FedCommodities

Oil price dropped again after the remarks of the Fed

Jerome Powell’s made a statement, stating that US economic growth is likely to be at its lowest level since 1929.…

Oil surpassed $30 for the first time in a monthCommodities

Oil surpassed $30 for the first time in a month

After more than a month, oil prices increased above $30 a barrel. Production decreases by the world’s largest black gold…

Forecasts about platinum look positive this yearCommodities

Forecasts about platinum look positive this year

The coronavirus pandemic has had a significant adverse effect on the platinum market. It struck the commodity’s prices, demand, and…

Has the demand for oil increased?Commodities

Has the demand for oil increased?

There are signs that demand for oil is improving, but it’s too early to tell if we’re close to rebalancing…

Investors are starting to bet on silver Commodities

Investors are starting to bet on silver 

Silver is traded near $15.50 since the equity market weighs the risks of the second wave COVID-19.  Recently, US President…

Saudi Arabia plans to cut an extra 1 million barrels of oil

Saudi Arabia, the unofficial leader of OPEC Plus, said Monday that it would cut production by one million barrels a…