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2024-11-07T17:29:23+0000
OPEC
Brent crude oil price probes resistance, silver price levels out while wheat price is side-lined
The Brent crude oil price probes resistance following a postponed OPEC+ output increase as the silver price levels out while US wheat prices stay side-lined.
2024-11-05T10:18:28+0000
Brent crude oil price plunges to November 2021 lows on demand worries
Brent crude oil price plunges to November 2021 lows on demand worries but supply concerns due to a hurricane hitting the US Gulf coast stalled the descent.
2024-09-12T01:55:39+0100
Commodities Watch: Brent Crude back at Dec 2021 low, gold remain above US$2,500
Clues for the Fed’s next move continue to be highly sought, with any validation for the current 25 bp market rate pricing likely to offer more calm for markets.
2024-09-11T04:36:26+0100
Gold price and natural gas price rise, but WTI crude price falls back
While gold and natural gas prices have rallied, oil prices have fallen back again, towards the lows seen in the summer of 2023.
2024-09-09T00:22:08+0100
Oil price halts decline as silver, orange juice prices slip
Oil price halts decline as silver price drops and orange juice prices come off record highs ahead of Friday’s US Non-Farm Payrolls.
2024-09-04T00:17:44+0100
Gold price edges lower, while WTI crude price gaps down and natural gas price pushes higher
Early trading in Monday’s quiet session has seen gold and WTI fall back, but natural gas prices have risen.
2024-09-03T02:09:50+0100
Market update: OPEC+ fights declining oil prices with extended production cuts
OPEC+ extends production cuts into 2025 with voluntary cuts to taper off from October this year and the oil market seeks to halt recent declines on tighter supplies.
2024-06-04T02:46:20+0100
Market update: Ukrainian drone strikes Russian refinery, Israeli attack in Syria; oil prices hit yearly high
Ukrainian drone targets Russian refinery and Israel attacks Iran's embassy in Syria, escalating regional tensions. Oil prices rise as markets watch OPEC's stable output amidst geopolitical unrest.
2024-04-03T04:24:33+0100
