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Commodities
Oil prices drop by almost 3%
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
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 Credit Suisse, oil wins some ground
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…
Gold prices will remain low as the dollar index increases
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…
Gold prices will stay under pressure
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
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
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
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
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
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 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 Oil increases on potential Russian cuts
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
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
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
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
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
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 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
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
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…