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Commodities
Aluminum Prices: What’s Happening?
Aluminum Prices: What’s Happening?
Aluminum prices are changing. It is one of the most prevalent elements on the earth. In fact, there is more aluminum than iron in…
Oil Prices Have Risen by 3%
Oil Prices Have Risen by 3%
Oil prices rose on Friday after China's health authorities relaxed some of the country's strict COVID restrictions.
Brent crude…
Oil Drops for The Fourth Day
Oil Drops for The Fourth Day
Oil fell for the fourth consecutive session. Infections are rising in several economically important Chinese cities, including Beijing.…
Oil Prices Fall as US Inventories Rise
Oil Prices Fall as U.S. Inventories Rise
Industry data showed oil prices fell on fears that U.S. crude inventories rose more than expected and that a resurgence of…
Oil Edges Lower
Oil Edges Lower
Oil dipped as investors assessed China's reaffirmed commitment to stringent anti-Covid actions, while the dollar strengthened ahead of the US…
Oil Prices Have Fallen by More than $1 per Barrel
Oil Prices Have Fallen by More than $1 per barrel
Oil prices tumbled more than $1 per barrel on Monday as Chinese officials restated their commitment to a tight…
Oil Prices Fell in Early Trading
Oil Prices Fell in Early Trading
Oil prices fell in early trade, extending losses from the previous session, on expectations that US interest rates would rise…
OPEC’s Oil Output Declined by 20,000 Barrels per Day
OPEC's Oil Output Declined by 20,000 Barrels per Day
The table below displays the OPEC oil output in millions (BPD) in October and September.
OPEC and its…
The Rising Cost of Oil
The Rising Cost of Oil
Tuesday saw an increase in oil prices, reversing session-long losses. A lower dollar outweighed China's Covid-19 limitations, which have…
Oil Prices Decreased
Oil Prices Decreased
Oil prices dipped on Monday on expectations that China's expanding COVID-19 limitations could reduce consumption, countering signals that…
Oil Prices Drop as China Widens COVID Limits
Oil Prices Drop as China Widens COVID Limits
Oil prices dropped on Friday due to China's largest importer of crude oil expanding its COVID-19 limitations. However,…
Russia’s Oil Might “Never Return”
Russia's Oil Might "Never Return"
Instead, Russian oil and gas revenues will fall by more than half, from $75B in 2017 to less than $30B in 2030. And, as Europe…
Oil Prices Have Dropped
Oil Prices Have Dropped
Due to lower oil prices and disappointing earnings, most Gulf stock markets declined in early trade on Wednesday, but the Abu Dhabi index…
Oil Rises on Weaker Dollar
Oil Rises on Weaker Dollar
Oil rose after falling more than $1 in Tuesday's session. Saudi Arabia's energy minister said the gains were due to a weaker dollar and…
Oil prices: declining after a data release
Oil prices decline as disappointing data is released
Oil prices fell 2% on Monday after data from China revealed that the world's top oil importer's demand remained…
The EU Will Collaborate with Countries on New Gas Fields
The EU Will Collaborate with Countries on New Gas Fields
Germany has called on European Union states to collaborate with countries that can develop new gas fields,…
Russia’s Oil Price Cap Will Not Affect OPEC
Russia's Oil Price Cap Will Not Affect OPEC
The remarks could help ease tensions between the United States and Saudi Arabia, the world's biggest oil exporter and…
Crude Oil Awakening
Crude Oil Awakening
WTI crude oil is currently trading at $90 per barrel, while Brent crude is trading at $95 per barrel. That is roughly in line with where oil…
Oil Is Slightly Lower
Oil Is Slightly Lower
Concerns that high inflation and energy costs could drag the global economy into recession offset China's continued accommodative monetary…
Oil Prices Increased in Light Trade
Oil Prices Increased in Light Trade
Oil prices rose in thin trade as the US dollar strengthened, and investors awaited data from China to gauge demand in the…