Category: Commodity News

On Friday, oil prices surged for four consecutive weeks, fueled by hopes of solid summer crude demand and supply worries. In the Asian afternoon session, Brent futures ending in September rose by 0.14% to $87.55

On Wednesday, wheat prices declined amid reports that Lavie Bio had disclosed its commercial bio-inoculant product, Yalos, for the winter crop after a successful trial. In the Asian afternoon session, US wheat futures ending in

On Wednesday, natural gas futures plummeted amid production surges and a softened mid-July outlook, potentially increasing investors’ risks. In the Asian afternoon session, natural gas futures ending in August slid by -1.18% to $2.43 per

On Tuesday, oil prices surged following traders’ hopes of increased summer demand and likely supply risks from geopolitics and weather-related turmoil. In the Asian afternoon session, Brent futures for the September contract rose by 0.25%

On Monday, gold prices softened, with limited assistance from increased outlooks for US interest rate cuts, as investors awaited more signals from the Fed and its economy. In the Asian afternoon session, gold futures ending

Quick Look: Copper is poised for consolidation at $4.3500; MA55 indicates stabilisation. The stochastic indicator shows potential bullish momentum ahead. Analysts target $4.5500 and $4.6800, with $4.3500 as a crucial support level. The copper market

Oil prices climbed in Asian trade on Friday and were poised for a solid run this month as supply risks stemming from escalated geopolitical tensions in Russia and the Middle East outweighed sluggish crude demand.

Oil prices tumbled on Thursday as the US dollar hit a two-month high on continued uncertainty over inflation in the world’s largest economy and the Federal Reserve’s interest rates. Brent crude oil futures for August