Archive for Category: Commodities News

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Gold price
18Apr
/ CSFX

Gold climbs; elevated inflation, recession risk, and war in Ukraine

Gold price is up 0.80% at $1990.22 per ounce on mid-Monday trades. Due to concerns over the economic fallout of the Russia-Ukraine war and surging inflation, investors hoard the safe-haven

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Commodities News, Market Outlook Commodities, Markets News

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OPEC+ oil
02Mar
/ CSFX

OPEC+ set to confirm modest April output rise despite oil price spike

Brent Crude was trading up 5.97%at $111.22 OPEC+ oil producers meeting on Wednesday do not plan to accelerate output rises, according to a draft deal seen by Reuters, as Saudi

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Commodities News, Market Outlook Commodities

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16Mar
/ CSFX

Oil drops amid rising stockpiles and COVID-19 demand concerns

Brent Crude was trading 1.18% down at $68.06. Oil prices dropped on Tuesday, extending declines to three consecutive days, as rising stockpiles in the United States added to the risks

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Commodities News, Market Outlook Commodities

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05Mar
/ CSFX

Oil hits almost 14-month high after OPEC+ extends output cuts

WTI CRUDE was trading 2.48 up at $65.41. Oil prices jumped more than 2% on Friday, hitting their highest in nearly 14 months after OPEC and its allies agreed not

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Commodities News, Market Outlook Commodities, Markets News

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