Commodities

  • Commodities

OPEC+ Supply Cuts, Drives Oil Prices Significantly Higher

Oil prices rose on Tuesday as optimism over OPEC+'s potential Wednesday agreement to significantly reduce petroleum supply outweighed worries about… Read More

2 years ago
  • Commodities

OPEC+ Biggest Output Cut Since 2020 Shakes the Market

As OPEC+ contemplates lowering output by more than 1M BPD, for its greatest decrease since the epidemic, to bolster the… Read More

2 years ago
  • Commodities

OPEC+ To Cut the Output By 0.5-1 Million BPD

OPEC+ sources said that the group's oil producers are considering reducing its output target at a meeting on October 5.… Read More

2 years ago
  • Commodities

Gold Moves Below The $1,650 Threshold

Following a remarkable recovery from multi-year lows, gold prices slightly declined on Thursday as investors remained cautious of a further… Read More

2 years ago
  • Commodities

Oil Finally Recovers from Months Low

The oil price increased by around $2 per barrel on Tuesday from a nine-month low, helped by supply restraints in… Read More

2 years ago
  • Commodities

Oil Prices at An 8-Month Low

Following a steep decline last week, oil prices remained close to eight-month lows on Monday as investors worried that a… Read More

2 years ago
  • Commodities

Putin Mobilizes More Soldiers, Oil Prices Surge

Oil prices rose more than 2 percent on Wednesday after Russian President Vladimir Putin announced a partial military mobilization that… Read More

2 years ago
  • Commodities

Rate Hikes Loom Over Oil Market

In addition to indicators of a probable rise in gasoline stocks in the United States, traders were concerned that the… Read More

2 years ago
  • Commodities

Will The Uptrend in The Oil Market Continue?

Tuesday saw a slight increase in oil prices as OPEC+ continued to produce less than their quotas. However, prices were… Read More

2 years ago
  • Commodities

Should You Be Worried About Oil Prices?

The price of oil rose on Monday. Meanwhile, supply worries ahead of the EU's oil embargo on Russia in December… Read More

2 years ago