Commodities

The rally in crude prices this week was tempered by the latest industry reporting which showed a further rise in inventories. The Energy Information Administration’s weekly report showed that US crude stockpiles, in the week ending March… Read More

Gold Following an impressive run over recent weeks, gold prices retreated this week as the US Dollar rebounded from initial lows. Despite a heavy tone to the week initially, the USD was buoyed by the release of the 2018 4Q GDP on Thursday.… Read More

Crude prices boosted this week, recovering from initial weakness by an unexpected drawdown in stockpiles. The EIA report showed that in the week ending February 22nd, US crude inventories fell 8.6 million barrels. This reading caught the… Read More

Since OPEC+ agreed to cut oil production, oil prices have seen an epic rally of 27%, marking a fresh 2019 high. The allies decided to cut daily production levels by 1.2 million barrels back in December in a bid to rebalance the market and… Read More

Gold The yellow metal saw volatile trading this week. After initially trading up to its highest level since April 2018, gold prices then catapulted back lower. This came following the release of the FOMC meeting minutes which saw traders… Read More

Crude price remained buoyant once again this week, despite the latest industry data reflecting a further rise in inventories. The weekly report from the Energy Information Administration showed that in the week ending February 15th, US… Read More

The commodities markets are one of the key markets in the global world of trading. Commodities trading, as the name suggests it is nothing but trading of frequently used materials. Trading commodities can be lucrative and offers a variation… Read More

Gold The yellow metal saw further consolidation this week, remaining within the range of the last two weeks as a lack of catalysts kept trading very muted. Despite a stronger US Dollar over the week, gold prices were able to remain… Read More

With OPEC currently battling to turn the tide of lower oil prices through a cut in production, the latest industry data from the US will not make happy reading. The most recent weekly report from the Energy Information Administration,… Read More

Gold The yellow metals conceded some of its recent gains this week, falling back despite a renewal in concerns around the health of the ongoing trade talks between the US and China. President Trump announced this week that he will not… Read More