Commodity News

Oil prices fell due to falling inventories in the US

Oil prices on world markets rose due to announcements of reduced supply and falling inventories in the US, which diverted…

1 year ago

OPEC+ members cut oil production by $1M BPD

On Sunday, members of the OPEC+ organization announced a coordinated reduction in crude oil production until the end of 2023,…

1 year ago

Price action in the oil market; Gold sets a new record

Despite the Energy Information Administration reporting relatively significant drops in both US crude oil and refined product stockpiles, price movement…

1 year ago

TMS Network tops the crypto world: 2240% presale increase

The drastic popularity rise of cryptocurrencies allowed TMS Network to dominate the market with a presale spike of over 2240%.…

1 year ago

Perplexity in global economy

In a sad report released last week, the World Bank warned of a sluggish growth slump in the global economy…

1 year ago

The announcement of reduced supply raised oil prices

Oil prices rose to 86 dollars, boosted by the announcement of leading producers that they will further cut supply to…

1 year ago

European market slumps as oil production lowers

European stocks ended slightly lower on Tuesday as the oil and gas sector pared gains after the OPEC+ alliance unexpectedly…

1 year ago

IG Group Acquires Small Exchange – Expands US Offerings

IG Group, a spread betting and CFD trading provider based in London has agreed to acquire the futures exchange Small…

1 year ago

OPEC oil production cutdown effect on Russia

Over the weekend, some of the world’s biggest oil exporters shocked the markets by broadcasting that they would reduce oil…

1 year ago

Extended gains of oil prices: Surprising cuts from OPEC+

Unexpected additional cuts to the OPEC+ group's output objectives. As a result, it could send oil prices beyond $100 per…

1 year ago

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