The Department of Energy (DOE) said, that the United States has launched an auction for 32 million barrels of crude from four strategic...

Commodities

25 Nov 2021

U.S. to Sell 32 million Barrels of Crude Oil from 4 SPR Sites

The energy ministry said the United Arab Emirates will show complete commitment and cooperation with the OPEC+ agreement.

Commodities

25 Nov 2021

UAE Will Offer Complete Support to OPEC+ Decisions

Oil was mixed Wednesday morning in Asia as investors digested a U.S.-led coordinated release of stocks from strategic...

Commodities

24 Nov 2021

Oil Mixed Up Ahead of US Crude Oil Inventories Data Release

Oil prices on Monday came off low after Japan said it would consider the release of oil reserves. The ongoing covid crisis in Europe has also raised...

Commodities

22 Nov 2021

Oil Falls to 7-Week Low as Pressure for Release of Oil Reserves Continues

Gold was down on Monday morning in Asia as dollar inched up. It was reported that concerns over the soaring numbers of COVID-19 cases in...

Commodities

22 Nov 2021

Gold Down by 0.26% as Dollar Strengthens; Inflation stays above 2%

The latest U.S Crude oil supply data revealed a small increase in build, pushing oil down on Wednesday morning in...

Commodities

17 Nov 2021

Oil Dips Further with Smaller-Than-Expected U.S Crude Oil Supplies Report

Tuesday morning in Asia saw gold go up after reaching a five-month peak in previous session...

Commodities

16 Nov 2021

Gold Boosted as Inflation Worries Continue Despite Strong Dollar

Gold slipped down after a five-month high on Monday morning in Asia. Gold futures dropped 0.51% to $1,859.05 by 11:01 PM ET. However, it...

Commodities

15 Nov 2021

Gold Edges Down but Remains Above $1,800

Crude oil prices fell on Monday as demand weakened and expectations for more supplies went up. Brent crude futures fell by 0.7%...

Commodities

15 Nov 2021

Fears of Higher Supply and Low Demand Push Oil Prices Down

Oil prices went up on Wednesday, adding to their gains from the previous session after U.S crude stocks data...

Commodities

10 Nov 2021

Oil Climbs as U.S Crude Stockpile Sees a Decline

Oil prices rise on Monday which is reflecting as positive signs for global economic growth supported the outlook for energy demand, while...

Commodities

8 Nov 2021

Oil Prices Increase After U.S. Infrastructure Bill Passes

On Monday morning in Asia, Gold was up as the dollar retreated, hitting a two month high. Gold futures slid up 0.18% to $1,820.10 by 11:36 PM ET...

Commodities

8 Nov 2021

Gold up with Retreating Dollar

Upcoming OPEC+ meeting on Thursday to decide production output has led to oil prices falling for three consecutive days. Futures fell close to...

Commodities

4 Nov 2021

Investors Focus on OPEC+ Meeting Ahead; Oil Extends Losses