Category: Commodity News

Rebound in oil demand pushes the prices higher
Commodity News

Oil on the edge of the decade-high price of $100

The commodity analysts commonly believe that the oil prices will soon rise even higher due to the strong demand and shortage in supply. There exists much discussion on whether the oil prices will climb higher

Dollar and oil
Commodity News

The U.S. increased oil production ahead of demand

The International Energy Agency has announced on Tuesday that the high oil prices will soon mitigate, as the U.S. is leading a rebound in oil supply. Over the last few weeks, the oil prices have

Commodity News

Aid in Japan’s stimulus package for covering oil prices

According to a draft of the government’s plan, the Japanese economic stimulus package features steps to mitigate the blow to firms from rising oil prices. These features mainly target the pain global commodity costs have

COP26 visions can become reality
Commodity News

COP26 visions can become reality

Almost a week after the United Nations climate conference that was held in Glasgow, Ireland, the financial analysts are optimistic about the outcomes of the conference. They believe that the talks can change the current

oil
Commodity News

Oil prices fall after 4 weeks of rising

On Wednesday, the oil prices fell to a near four-week low. This price rise was due to the U.S. crude stocks rising more than anticipated. The US crude stocks increase as gasoline inventories in the