Countries that have suffered the most from oil pricesCommodities

Countries that have suffered the most from oil prices

Oil traders, international oil companies, shipping companies, pipeline companies, or even small oil companies are dealing with various storms in…

Primary silver mines production are at their minimum levelsCommodities

Primary silver mines production are at their minimum levels

The average production of the largest primary silver mines (those that extract silver as their main product) fell in 2019…

US oil production fell 669,000 barrels a dayCommodities

US oil production fell 669,000 barrels a day

US crude production fell 669,000 barrels a day in April because of oversupply and a shortage of demand during coronavirus. …

Fear of the coronavirus leads gold to a new recordCommodities

Fear of the coronavirus leads gold to a new record

Gold rose to its highest level in nearly eight years on Tuesday. It posted its most significant quarterly rise since…

Higher Volatility in Grain Prices is ExpectedCommodities

Higher Volatility in Grain Prices is Expected

In March, international prices of the three main grains registered drops in a few sessions. Still, it followed by rebounds…

Corn at the Worst Level in 19 MonthsCommodities

Corn at the Worst Level in 19 Months

Corn seems to be tied to the misfortune of oil.  Today, after dropping another 2.6% on the Chicago Stock Exchange,…

Oil Prices Recovered After Testing New LowsCommodities

Oil Prices Recovered After Testing New Lows

Oil prices steadied on Wednesday with Brent crude LCOc1 up by 34 cents. Or 1.2 %, at $ 29.07 a…

Oil, Gold, Palladium, and Bitcoin Crushed by CoronavirusCommodities

Oil, Gold, Palladium, and Bitcoin Crushed by Coronavirus

Commodity prices, including those of precious metals, are crashing. Not even gold can keep its status as a safe-haven metal.…

Gold Prices Rise While Interest in Risk DecreasesCommodities

Gold Prices Rise While Interest in Risk Decreases

The White House and the US Congress negotiated measures on Tuesday to strengthen the country’s economy against the impact of…

Coronavirus Positively Affects the Egyptian Paper SectorCommodities

Coronavirus Positively Affects the Egyptian Paper Sector

Demand for domestic paper and cardboard in Egypt increased after imports declined.  However, global trade slowed due to the outbreak…