Commodities Page 1

Stacked petroleum barrels
OPEC+ hinting at not releasing additional oil supplies

Crude prices up slightly Wednesday afternoon

Daniel Tyson
Petroleum refinery
Gas at three-month low, oil rebounds ahead of OPEC meeting

OPEC to decide whether to go ahead with supply increases

Jenal Mehta
Gold jewelleries at Dubai's Souk market
Gold’s lustre seen to dim in 2022

Strengthening US dollar and recovering US treasury yield to put a lid on gold price

Fitri Wulandari
Iron ore being loaded onto a cargo ship
Iron ore prices rise on Vale’s output guidance cut

The iron ore output downward revision may risk tighter supply

Fitri Wulandari
North Sea oil rig
Oil prices gain even as uncertainty on Omicron lingers

Oil prices plunged on Tuesday after Fed's chairman hint to end taper sooner

Fitri Wulandari
Oil rig barrel and rig on US currency
Oil prices fall further on Covid-19 vaccine uncertainty

Moderna CEO Stéphane Bancel says the existing vaccines maybe less effective against new Covid-19 variants

Jenal Mehta

A farmer testing wheat in Moree, New South Wales, Australia
Aussie wheat output to reach record high in 2021/2022

Favourable weather during growing period led to higher output

Fitri Wulandari
Hot steel on a conveyor in a steel mill in China
China’s steel output curb likely to extend to March 2022

Beijing wants to control air pollution ahead of the 2022 Winter Olympics

Fitri Wulandari
An illustration of increasing oil price during Covid with oil barrels and an increasing arrow
Oil prices tick higher with eyes on OPEC meeting, Iran talks

The impact from the spread of Omicron on oil demand still uncertain

Fitri Wulandari
Offshore wind power on Jeju Island, South Korea
Shell (RDSA), CoensHexicon JV gets EBL for floating offshore wind

The licence is for a 420MW floating offshore wind project in Ulsan

Fitri Wulandari
Illustration of crude oil futures
Crude futures bounce back Monday

Traders worried about new Covid strain

Daniel Tyson
Omicron Covid variant B.1.1.529.
US gold prices struggle on Omicron fears

High inflation and bottlenecks send prices downward

Daniel Tyson
Photo of light bulb in hands
Gas prices remain volatile, oil prices rebound from panic

Oil markets correct overreaction to Omicron coronavirus variant

Jenal Mehta
Gold bullions and financial markets concept in the background
Metals tick higher as Omicron panic recedes

Metals strengthened on Monday, as investors assess the impact of the new Omicron variant

Piero Cingari
An electric car at the charging station with power supply cable plugged in
Value of EV battery projects hit $74.4bn in 9-months 2021

The increased value reflects the accelerating development in the supply chain

Fitri Wulandari

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