Commodities News

Shortly after the World Health Organization (WHO) declared Covid-19 a global pandemic, governments everywhere unveiled massive monetary and fiscal stimuli (over $15T globally) in a...

SILVER Weekly Price Analysis – January 16 When the bulls break up $23 price level, it may result to price increase to $24 and $25 resistance levels. Below the current price are the...

Global demand for copper, an essential component in manufacturing electric vehicles (EVs) and consumer electronics, will outstrip supply by more than six million tonnes by 2030,...

Petrobras Raises Fuel Prices for Consumers Brazilian motorists are soon likely to pay more at the pump after the country’s state-run oil company, Petrobras, raised gasoline and...

Gainers: Microsectors U.S. Big Oil Index 3X ETN (NRGU) +19%

Annual Forecast for XAUUSD (2022) Gold price may break out at the upper trend line of the triangle which may increase the price to $1,873 and $1,908 levels. On the other hand, the...

Crude oil futures rallied today to cap a fourth straight weekly gain, with rising tensions between Russia and Ukraine heightening the potential for a disruption to global crude...

For the most part, market participants and analysts have factored in a much more aggressive Federal Reserve with the anticipation of three or four interest rate hikes this year.

By Liz Hampton (Reuters) – Citigroup Inc has hired veteran trader Mike Dunlap as head of North America oil trading, according to his LinkedIn profile and a source familiar with...

Middle East crude benchmarks Oman and Dubai strengthened on Friday, reaching their highest in two months, after trading for March-loading cargoes picked up speed across Asia. IFAD...

The new mooring “is a landmark in specialized port facilities in Greece and Europe, and develops the wider region’s economic activity. Motor Oil announced the start of operations...

Demand for shuttle tankers in countries with robust offshore oil production and limited pipeline infrastructure is set to grow continuously in the coming years, as produced volumes...

The Indonesian government is expected to divert more LNG cargoes from national oil company Pertamina for domestic use to combat energy shortages in 2022 and launch a carbon tax for...

The Organization of the Petroleum Exporting Countries OPEC is pictured on the wall of the new OPEC headquarters in Vienna March 16, 2010. Jan 12 Reuters — JP Morgan said that spare...

The energy transition will present three main challenges to refiners. First, reduced market size for refined products will lead to poor refinery margins and refinery closures....

U.S. energy firms this week added the most oil and natural gas rigs in a week since April as rising oil prices prompt more drillers to return to the wellpad. The oil and gas rig...

Works on the ETYFA Flagship project, which will supply clean natural gas to Vassilikos Power Station, continue unabated in spite of the terrible global situation as a result of the...

The US oil and gas rig count leaped 15 to 722 on the week, energy analytics and software company Enverus said Jan. 13, as E&P operators took advantage of replenished new year...

The weaker U.S. Dollar helped support prices most of the week, while the threat of aggressive Fed rate increases put a lid on the rally.

In spite of a bearish API, the Department of Energy inventory report showed a draw of 4.8mb between crude and oil products, with commercial crude inventories drawing 4.6mb...

Industrial production unexpectedly declined for December

The weather is expected to be 90% colder than normal in the mid-West during the next 8-10 days

Several banks have forecast oil prices of $100 a barrel this year, with demand expected to outstrip supply.

Lockdowns in China and thousands of flight cancellations have done nothing to dent buying demand in crude oil since late December. Now crude is threatening last year's high of...

In normal times, an announcement from China that it would release crude from its strategic reserves would drive oil prices down, but these aren't normal times and the relentless...

Summary Oil prices rose 50% in 2021 JPM expects oil prices to “overshoot” to $125 this year Some OPEC producers are struggling to raise supply OPEC doesn’t want oil at $100 – Omani...

Oil prices climbed sharply on Friday as tensions between Russia and Ukraine intensified. "From an energy standpoint, this could be a seismic event," said Phil Flynn, senior market...

Top U.S. natural gas producer EQT Corp. also has become the country's largest producer of certified natural gas

Gold futures declined on Friday, giving up earlier gains, but holding onto a climb for the week. Colin Cieszynski, chief market strategist at SIA Wealth Management, attributed the...

The crude oil markets have rallied significantly during the course of the week to reach towards the recent highs yet again.

The crude oil markets have rallied rather significantly during the course of the trading session as we now have gotten a bit overextended.

The count of active drilling rigs in the U.S. jumped by 13 to 601, 61% above levels from this time a year ago, according to the latest weekly survey from Baker Hughes.U.S