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1st Dec 2023
Copper prices saw a modest 0.33% gain, reaching 722 on Thursday, as worries about a slowdown in Chinese manufacturing loomed large. The November's NBS Manufacturing PMI slipped to 49.4, the second consecutive monthly decline, heightened concerns, emp
24th Nov 2023
The upcoming virtual meeting of OPEC+ on November 30 is drawing significant attention from the oil market, with discussions centering on potential production cuts. WTI crude oil, priced at $76.50 on Friday, reflects the uncertainty as the group consi
3rd Nov 2023
On Thursday, the decline in natural gas prices by -0.96% to 288.60 is attributed to record output levels and forecasts of milder weather. Lower heating demand expectations for the next two weeks and an increase in US gas storage by 74 billion cubi
20th Oct 2023
Copper, a crucial player in the industrial metal scene, witnessed a marginal 0.01% uptick, closing at 700.55. However, the excitement was tempered by soaring concerns over a substantial surge in copper inventories, hitting a two-year high of 191,675
29th Sep 2023
Gold prices are facing sustained pressure despite a backdrop of dollar weakness, a rare occurrence that coincides with a decline in yields on US Treasuries. Typically, the strength of the dollar and higher yields have been key components of the Feder
22nd Sep 2023
Copper witnessed a significant decline of -1.3%, trading at 715, primarily due to the strengthening dollar and increasing metal inventories. LME inventories surged to their highest level since May 2022, reaching 162,900 tons. Copper price sl
8th Sep 2023
Natural gas prices rebounded after the EIA report on Thursday. As per the report, working gas in storage grew by 18 billion cubic feet for the week, which was below the average increase of 29 bcf forecast by analysts surveyed by S&P Global Commod
25th Aug 2023
11th Aug 2023
Gold prices hovered near one-month lows on Friday's session, shrugging off cooler-than-expected U.S. inflation data, with bullion staying on course to wrap up its worst week in seven as the U.S. dollar and bond yields stood strong. The U.S. consumer
14th Jul 2023
LME Copper prices were raised on Thursday, after four days of losing streak, on the hope that top metal consumer China would introduce additional support for its troubled real estate sector. Copper output in Chile sank 14% annually in May, among the
7th Jul 2023
Crude oil prices inched up slightly on Friday but were on track for second straight weekly gains amid signs of tighter supply and improving demand. According to The Energy Information Administration, U.S. crude stocks drew more than expected on stron
16th Jun 2023
Natural gas prices climbed near 15% for June after a long sideways momentum as the bulls have been actively participating the last three weeks. Prices rose amid a drop in output and forecasts for a higher demand outlook. According to the Energy Infor
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