COMMODITY INSIGHTS
Commodities are capturing vastly the attention of investors amid the latest monetary turbulence. Our experts, therefore, demonstrate the daily global commodity key developments to know.
22 Apr 2024
Brent crude oil fell to $86 as Middle East fears eased
Brent and WTI crude oil prices extended recent losses toward $86/b and $80/b levels respectively on Monday morning, after a lack of immediate escalation between...
03 Apr 2024
Gold hit a fresh record high of $2,288/oz amid increased safe haven demand
Gold shines again, as the price of the yellow metal recorded another record-high of $2,288/oz on Wednesday morning, driven by the increased haven demand after an...
03 Apr 2024
Brent oil flirts with $90 on Middle East risk and supply concerns
Both Brent and WTI crude oil prices rose as high as $89.50/b and $85/b respectively on Tuesday morning, nearing 6-month highs, driven by the escalating tension in the Middle East, the tighter oil...
06 Mar 2024
Gold hit a fresh record-high of $2,141 on Fed rate cut bets
Gold shines again, as it hit a fresh record-high of $2,141/oz on Tuesday morning on growing bets that the Federal Reserve will start cutting interest rates this year...
04 Mar 2024
Brent oil rose over $84 as OPEC+ extended voluntary supply cuts
Brent and WTI crude oil prices hit a fresh yearly high of nearly $84.70/b and $80.50/b respectively on Monday morning after the OPEC+ group extended its voluntary oil...
29 Jan 2024
Brent crude oil climbed to $84 as Mideast tensions worsen
Brent crude oil prices hit a fresh 2-month high of $84.80/b on Monday morning, and the U.S.-based WTI oil briefly broke above the $79/b level, driven by the prospect of a regional energy supply...
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