Category: Commodity News

Crude
Commodity News

Oil Prices Fall on Concerns Over US Debt Default

Oil prices fell on Tuesday as concerns over a debt default in top consumer US offset optimism on expectations for a tight crude market due to a seasonal increase in gasoline demand and supply cuts

Crude
Commodity News

Oil Prices Rise But Economic Concerns Limit Gains

Oil prices edged higher on Monday, having posted losses earlier as the demand outlook of the US and China remained dim, offsetting optimism over tighter supplies from output cuts by the Organization of the Petroleum

Analysts expect a further rise of gold
Commodity News

Gold Prices Lowered after US Inflation Data

On Thursday, gold prices went down as hopes about the Federal Reserve slashing interest rates faded after the US inflation report. Gold futures for June delivery declined by -0.38% to $2,029.30 per troy ounce on

Oil
Commodity News

Oil Prices Slid Marking Longest Lost This Year

On Tuesday, crude oil prices declined, resulting in its longest drop this year as a more significant pickup is expected by analysts. West Texas Intermediate crude oil for June delivery dropped by -1.07% to $72.38

gasoline
Commodity News

Ghana Lost $300M Worth of Natural Gas

According to the 2022 Annual Public Interest Accountability Committee Report on Management and Use of Petroleum Revenue released earlier this week, Ghana lost $300 million worth of natural gas in the upstream petroleum sector through

TMN - Natural gas
Commodity News

Natural Gas Prices Declined amid Solid Output

On Friday, natural gas prices dropped due to more vital production brought by record amounts of fuel being drilled from the ground. Natural gas futures for June delivery decreased by -0.77% to $2.07 per million