Category: Commodity News

The World Bank forecasted that metal prices would notably increase in the coming years due to the expected surge of the energy transition on economies. The growth of countries recently took a toll on the

Suezmax tanker Kriti Breeze chartered for $2.3 million, packed the 740,000-barrel cargo from the Far East port of Kozmino on May 3, and is guiding to the port of Fujairah, data from Refinitiv, Kpler and

Brent crude (BRN1!) futures had dropped 62 cents, or 0.59%, to $104.70 a barrel by 0712 GMT. U.S. West Texas Intermediate crude (CL1!) futures fell 48 cents, or 0.47%, to $101.54 a barrel. On Wednesday,

Gold futures were beneath 0.24% to $1,981.70 by 11:59 PM ET (3:59 AM GMT) after rising to $1,998.10 on Monday. The war in Ukraine continues, and inflation concerns mount. But gold gave up most of

Brent crude futures were higher by $2.98 or 3.03% to $101.46 a barrel, and U.S. West Texas Intermediate was up $3 or 3.18% to $97.29 a barrel at 0640 GMT. Both contracts had dropped down

Gold futures edged down 0.15% to $1,671.75 by 1:08 AM ET (5:08 AM GMT), touching a one-week high of $1,949.32 earlier. On Monday, the dollar, which usually moves inversely to gold, edged up. On Friday,

The dollar intensified as the U.S. Federal Reserve looked to tighten its monetary policy faster than expected, which partially offset the safe-haven demand from the continuing war in Ukraine. Gold futures were falling 0.46% to