From Oil Optimism to Base Metal CautionsCommodities

From Oil Optimism to Base Metal Cautions

As of February 5, 2024, the commodities market is witnessing notable changes driven by global economic trends, investor sentiment, and…

Oil Prices Sway: Brent Crude Up 0.1% to $77.43Commodities

Oil Prices Sway: Brent Crude Up 0.1% to $77.43

Key Points Brent crude futures see a slight increase, reaching $77.43 a barrel by 1420 GMT on February 5, 2024.…

Drop in Oil Prices Towards 77 DollarsCommodities

Drop in Oil Prices Towards 77 Dollars

The global oil market has recently witnessed a significant shift as prices approach the $77 per barrel mark. This decline…

ICE Brent Dips Below $80 Amid Market TurbulenceCommodities

ICE Brent Dips Below $80 Amid Market Turbulence

Key Points Last week witnessed a 7.4% plunge in ICE Brent, dipping below US$80/barrel amidst a volatile oil market. Speculations…

China-Africa Trade in 2023: 1.5% Growth Amid ShiftsCommodities

China-Africa Trade in 2023: 1.5% Growth Amid Shifts

In 2023, China-Africa trade dynamics evolved, presenting a complex landscape of economic interactions. The overall trade volume slightly increased by…

Possible Incident in The Strait of Hormuz Caused TroublesCommodities

Possible Incident in The Strait of Hormuz Caused Troubles

The global oil markets face heightened uncertainty as concerns mount over a potential incident in the Strait of Hormuz, a…

Brent Oil Futures Leap to $80.89 Up 0.42%Commodities

Brent Oil Futures Leap to $80.89 Up 0.42%

Key Points: April Brent oil futures climbed to $80.89, and March WTI futures increased to $76.20. February and March crude…

Aramco Abandons Plan to Increase Oil ProductionCommodities

Aramco Abandons Plan to Increase Oil Production

In a noteworthy strategic move, the Saudi Arabian Oil Company (Aramco) has abandoned its initial plans to increase oil production.…

Oil Prices Drop 0.6% to $81.88 On China ConcernsCommodities

Oil Prices Drop 0.6% to $81.88 On China Concerns

Oil prices underwent significant fluctuations on Tuesday, January 30, influenced by a complex mix of factors. The market saw a…

Brent Crude Oil Jumps 5% to $84/barrel in 2 DaysCommodities

Brent Crude Oil Jumps 5% to $84/barrel in 2 Days

Crude oil trading has again taken centre stage as geopolitical tensions and supply concerns intensify in the Middle East. The…