Hurricane Sally, API Report Drives Crude Oil UpCommodities

Hurricane Sally, API Report Drives Crude Oil Up

Crude oil rose for the second consecutive day of trading by roughly 2% as hurricane Sally closed US offshore oil…

Gold Glitters, Dollar Weakens with Dovish Monetary PolicyCommodities

Gold Glitters, Dollar Weakens with Dovish Monetary Policy

There is nothing that can make metal investors more jovial than a dovish monetary policy of central banks. Gold and…

Crude Oil’s Terminal Decline, For GoodCommodities

Crude Oil’s Terminal Decline, For Good

The economic slowdown imposed by the pandemic drastically incapacitated the global demand for crude oil.  In the early onset of…

The Bullion’s Dilemma is a Stronger US DollarCommodities

The Bullion’s Dilemma is a Stronger US Dollar

The bullion falls before closing the week. The US dollar gains an advance after experiencing a sharp drop against the…

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…