Commodities

Oil prices drop by almost 3% As worries grow that the banking turbulence will harm the economy and trigger a recession, decreasing fuel consumption, WTI crude…

Repsol abandons plans for an LNG terminal on Canada's east coast According to the company's announcement on Thursday, Repsol has opted against building a liquefied…

Following a lifeline from Credit Suisse, oil wins some ground Oil prices recovered some ground on Thursday after hitting 15-month lows the previous session as…

Today's gold prices will remain low as the dollar index increases As the dollar sank on March 13 morning, gold prices rose to their highest levels in over five…

Today's gold prices will stay under pressure as long as the Fed maintains its aggressive stance In spite of the US Federal Reserve chair Jerome Powell's hawkish…

Palm oil continues to lose price as cheaper competing oils compete Tuesday saw a slight decline in Malaysian palm oil futures, extending losses for the second…

Steel reverses from a seven-month high The price of steel rebar futures dropped to CNY 4,200 a tonne, less than the over-seven-month high of CNY 4,252 reached on…

London copper prices decline In London, copper prices declined on Thursday as traders awaited a crucial political gathering in the world's largest consumer China,…

Oil cannot maintain gains On Wednesday, Brent oil futures fell more than 1% to below $83 a barrel as rising US inventories outweighed increased demand confidence…

Gold prices will remain range-bound despite volatility As the likelihood of additional interest rate hikes from the US Federal Reserve continues to weigh on the…

Oil maintains recent gain Oil held steady on Monday at around $76 per barrel, maintaining its recent gains. Meantime, the possibility of fresh Russian oil…

Crude increases on potential Russian cuts On Friday, oil prices continued to rise as the likelihood of decreased Russian supplies partially offset rising US…

Soybean futures remain below seven-month high Because of worries about a worldwide economic slowdown, soybean futures traded around $15.2 per bushel, below the…

Palm futures climbed for a second consecutive week On Friday, Malaysian palm oil futures registered their second consecutive weekly increase and reached their…

Corn barge bids are stable to declining Along with FOB basis offers, basis bids for maize barged to the U.S. Gulf Coast were stable to declining on Monday,…

Oil trade in Singapore is up 47.5% year-on-year According to government agency Enterprise Singapore, the value of Singapore's oil trade increased by 47.5% from a…

Gold Drops Due to Fed Worries Due to hawkish signals from Federal Reserve officials who reaffirmed their commitment to bringing down inflation with additional rate…

Estonian utility completes agreements for 10 LNG shipments Estonian gas utility Eesti Gaas said it expected to use Finland and Lithuania's import facilities to ship…

February saw ‌stable oil production in Russia According to Deputy Prime Minister Alexander Novak on Wednesday, Russia's daily crude oil production has been…

Gold Price: Spot gold was up 0.2 percent With investors awaiting Federal Reserve Chair Jerome Powell's speech later in the day to determine the direction the US…