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.
31 Aug 2022
WTI crude oil plunges 4% to $89b on recession fears and Iran nuclear deal
WTI crude oil prices fell more than 4% to below the $89/b mark on Wednesday morning and Brent towards $94/b as energy investors fear that the aggressive rate hikes from...
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05 Aug 2022
WTI falls to below $90/b for the first time since before the Ukraine war
Crude oil prices have retreated sharply from their multi-year highs hit in early March, with Brent crude falling to as low as $93/b during Thursday’s session, while...
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02 Aug 2022
Gold bounces to $1,780/oz on U.S.-China tensions and a weaker dollar
Gold prices have gained more than $100, or nearly 6% since hitting an intraday low of $1,680 on July 21, receiving a significant boost to demand in recent sessions amid the weakness in the dollar and...
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21 Jul 2022
Gold breaks below $1,700 on prospects of higher rates and a stronger dollar
The price of Gold fell to as low as $1,685/oz on Thursday morning, its lowest level since early August 2021, as investors turned bearish on the yellow metal following...
3 minutes read
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15 Jul 2022
Oil bears are back pushing prices below the $100/b level
The oil bears have taken the upper hand in oil markets lately as both the Brent and WTI oil prices have tumbled below the $100/b key psychological level for the first...
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28 Jun 2022
Brent crude tops $117 after the G7 price cap and supply shortages
The international oil benchmark Brent bounced to $117/b, and the U.S.-based WTI recovered above $110/b on Tuesday morning, following the decision of the G7 nations to explore a cap to the price of...
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