Commodities

Oil prices reduced on Thursday due to the Fed’s decision to lower the interest rate. Iranian exports fell as a result of U.S. sanctions.

The trade war between the U.S. and China is a serious problem for the U.S. agricultural sector. Trump administration spent billions of dollars to help farmers.

Oil prices increased on Tuesday ahead of the Federal Reserve’s meeting. British company BP surpassed the expectations for the second-quarter profits.

Hard and soft commodities are essential for the global economy. The trade war and regional tensions have a negative impact on the economy.

Oil and gold prices rose on Friday due to regional tensions and possible interest rate cut by ECB and Federal Reserve. Libyan official traveled to China for…

Venezuela’s economy is crumbling for several years. The oil industry, which is crucial of the local economy is under the sanctions.

The sales of soybeans to China is part of the ongoing trade war. Another supplier, Brazil, is also experiencing problems due to soybeans low protein level.

Oil prices increased on Tuesday, but growth was moderate. Meanwhile, gold prices fell due to the upcoming Federal Reserve meeting.

Oil prices increased on Monday as another incident in the Strait of Hormuz highlighted the unstable situation in the region.

Gold Prices reached the highest point in six years on Thursday. Silver prices also increase on the same day.