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Oil Prices Slightly Gain on Improved US Economic Outlook

09.08.2024

Oil prices slightly advanced on Friday and were expected to post their first positive week in five weeks as the outlook for the US economy improved, easing demand concerns and

Oil Prices Surge on EIA US Inventory Draw, China Curbs Rise

08.08.2024

Oil prices traded higher on Thursday as the latest inventory data from the Energy Information Administration (EIA) pointed towards tightening supplies in the US. Brent crude oil futures expiring in

Iron ore increases on coronavirus curbs in China

Iron Ore Futures Surge 1.97%, Hit Two-Week High on China Data

07.08.2024

Quick Look: Iron ore futures hit a two-week high, driven by positive Chinese economic data and expected stimulus measures. The September iron ore contracts rose significantly on the Dalian Commodity

Oil Prices Up Amid Mixed API Data; Demand Concerns Cap Gains

07.08.2024

Oil prices climbed in Asian trade on Wednesday amid inventory data from the American Petroleum Institute (API) presenting two different results, while fears over a US recession and demand concerns