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.
15 May 2023
WTI oil falls to $70/b on recession fears and sluggish demand outlook
The crude oil complex extends last week’s losses into the fresh week during Monday’s morning trading session, with WTI falling back below the key $70/b level, and...
12 May 2023
Base metals hit yearly lows on a weaker demand growth outlook
The price of copper fell as low as $3.66 a pound on Friday morning, its lowest level since November 30, 2022, as the deteriorating global economic outlook weighs on the...
21 Apr 2023
Brent crude falls to $80 on demand concerns and weak economic data
After four straight positive weeks for crude oil markets, both Brent and WTI are set to close this week with significant losses so far, as market sentiment has deteriorated after the...
20 Apr 2023
Sugar prices hit an 11-year high on tight supply and weather risk
Raw sugar futures are heading for a ninth monthly gain and prices are near the highest since 2012 as the global market struggles with a demand-supply imbalance, and...
18 Apr 2023
Silver trades above $25 on bullish fundamentals
Silver prices hovered above the $25/oz key level on Tuesday morning, coming off a winning week in which it hit a yearly high of $26/oz last Friday, before retreating to...
05 Apr 2023
Gold jumps above $2,025/oz on safety bets and a weaker dollar
Gold is shining again, with the price breaking well above the $2,000 key psychological level and rallying toward the all-time high price of $2,070 hit in early March 2020, a few days after the start...
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