Commodities news

Gold and Oil looking to resume the upside if US CPI allows
Ongoing political tensions in the Middle East keep oil and gold supported but the US CPI data could bring further volatility
12:20, 19 August 2024
US Crude drops to 6-month low as recession fears loom. Will OPEC+ react?
Oil prices drop as recession fears take over following weaker-than-expected US data. Will OPEC+ step in to curb falling prices?
16:29, 8 August 2024
Market analysis: Gold reaches all-time high as Fed cut hopes increase
Gold continues to build bullish momentum as softer US data leads markets to expect a September rate cut from the Fed.
13:39, 18 July 2024
Gold and Silver continue to drop as the Fed remains hawkish
Precious metals face continued downward pressure as Fed officials remain hawkish.
15:31, 27 June 2024
Oil turns bullish but WTI faces its key resistance range once again
US crude price moves back above $80 per barrel but resistance looms ahead.
16:17, 25 June 2024
Market analysis: Oil and Natural Gas update
Oil and Natural Gas prices storm higher but face resistance up ahead
11:09, 13 June 2024
Oil Prices plummet amid rising inventories and OPEC+ decision spooking investors
US crude prices dropped to a four-month low after data showed rising inventories and OPEC+ announced production increases
15:05, 5 June 2024
Market analysis: Gold struggles to find direction, Silver fails to hold its gains
Gold and Silver turn dovish ahead of the US jobs data
14:08, 4 June 2024
Gold and Silver recover from last week’s pullback but face resistance ahead of US PCE
Gold and Silver move higher after last week’s pullbacks but the precious metals are struggling with resistance ahead of the US PCE release.
15:32, 28 May 2024
Brent Retreats Below 200MA Ahead of Key Reports
With OPEC's Oil Market Report set for release on Tuesday and the International Energy Agency's Oil Market Report on Wednesday, volatility looms over crude prices this week. Let's delve into the technical landscape of Brent Crude, the international oil benchmark, as we approach these pivotal reports.
12:54, 13 May 2024