Category: Commodity News

US oil prices finally exceeded $ 40
Commodity News

Oil Prices Keep Stable with European Recovery Support

Last Friday, oil prices remained largely stable due to the support of the European economic recovery. However, India expressed concern about a record surge in the number of coronavirus infections. At 1335 GMT, Brent crude

Earth day: China takes dangerous steps for our planet
Commodity News

Earth Day: China Takes Dangerous Steps for Our Planet

Today (April 22) is “Earth Day”. It is an international event celebrated worldwide to ensure support for environmental protection. 2021 is the 51st anniversary of the anniversary celebration. “Restore Our Earth” is the theme of

oil price
Commodity News

Oil Prices Drop Again: Can It Recover?

Oil prices are quite unstable lately. The prices move up and down. Recently, the oil stuck at around $60 per barrel. Two market sources say that crude oil and distillate stocks increased as of the

commodity
Commodity News

Commodity Prices Increase, the Market Is Optimistic

Commodity closes the week with reasonable prices and leaves the Market in a positive atmosphere. On Friday, the U.S. benchmark West Texas Intermediate (WTI) crude oil fell 33 cents to close at $63.13 per barrel.

oil
Commodity News

Oil Soars to One-Month Highs

Oil prices fell on Thursday but were trading near their highest level in a month. They were sustained by more optimistic forecasts for demand issued this week by the International Energy Agency and OPEC. The

oil
Commodity News

Crude Oil Rises Almost 5% Amid Increased Demand

Crude oil has received a substantial boost and broke above the consolidation zone where it was stuck.  The WTI was very strong during the trading session on Wednesday. Partially, it was due to inventory data

oil
Commodity News

WTI Hikes to $61 and Reaches 10-Day Highs

During Tuesday’s session, WTI crude oil prices have risen very slightly and have continued to swing around the $60 range.  The oil continues uphill, and WTI is up 1.10% on Wednesday. It reached $61.28, the