Crude Oil Manual: How Is WTI Different From Brent?
Brent is the reference benchmark for the markets of Europe, Africa, and the countries of the Persian Gulf. This kind of crude oil consists of the forties, oseberg, and ekofisk. Brent is extracted from the North Sea.
Jun 16, 2021 // Investing, commodities, Crude Oil, Commodity, WTI, Brent
US Soybeans Futures Dip Slightly Ahead of, June 2021 Report
Soybean prices dropped 1.18% on June 9, 2021, after closing at $1.561.38 (-18.62 points) from the previous day's trading.
Jun 10, 2021 // Forex Market Review, commodities, Commodity, Soybean
Crude Oil Surges With Improved Manufacturing as US Daily COVID-19 Cases Fall Below 18,000
Crude Oil WTI contract traded at +0.87% price change after it reached a three-year high of $68.31 on June 1, 2021, from the previous day.
Jun 2, 2021 // Forex Market Review, commodities, Crude Oil, Commodity, OPEC, Crude Oil WTI
Oil Prices in Safe Territory Despite Staring at a Possible Slowdown
Oil prices were in the range yesterday, as rising demand in the U.S. and European summer helped absorb the aftershocks of reduced consumption in India and concerns over potential inflows from Iran.
May 31, 2021 // Forex Market Review, commodities, Crude Oil, Commodity
Crude Oil Price on a Stable Growth Path
Crude oil and Brent crude futures prices reached the highest level YTD. Oil and gasoline inventories declined nationwide.
May 28, 2021 // Forex Market Review, commodities, Crude Oil, Commodity
Aluminum Prices Hanging in the Balance, but a Decline Looks More Likely
LME's three-month aluminum prices closed at $2,466/ton on Tuesday, going down by about 1.2%.
May 19, 2021 // Forex Market Review, commodities, Commodity, aluminum
Silver Price: Key Levels to Watch Ahead of the US Retail Sales
The Silver price drops on the recent inflation data, the rising Consumer Price Index (CPI), and Producer Price Index (PPI).
May 14, 2021 // Forex Market Review, commodities, Silver, Commodity
There’s No Stopping Corn
Corn prices are likely to rise further as a result of high demand from China and reduced yield in Brazil.
May 11, 2021 // Forex Market Review, commodities, Commodity, corn
The Commodity Market in 2021: How Things Stand
Even while the global economy was struggling to stay afloat, the price of commodities saw a sharp rise in values starting from March 2020.
Apr 28, 2021 // Investing, commodities, Gold, Crude Oil, copper, Soybean
Top 4 Commodities for Day Traders
Commodities are an integral part of the financial market. Furthermore, to a large extent, they are the backbone of most parts of the market.
Apr 16, 2021 // Investing, commodities, Gold, Silver, Crude Oil, Commodity, copper
Commodity Short Squeeze Explained
A squeeze as we know it represents pressure, either internal or external.
Apr 9, 2021 // Investing, commodities, Commodity, short squeeze
Gold-Backed Crypto and USD-Backed Crypto: Everything You Should Know
Economies across the globe are on the path to recovery after the ravaging wrought by the coronavirus since early 2020.
Apr 5, 2021 // Investing, Crypto, commodities, Gold, Commodity, USD
Silver Price Downtrend to Continue as US Bond Yields Rise
The silver price has been under pressure in the past few weeks as investors assess the demand and supply dynamics and the US bond market.
Mar 31, 2021 // Investing, commodities, Silver, Commodity
Gold Price Forecast: More Weakness Possible in April
The tragic decline of the gold prices accelerated this week as the market focused on US bond yields and the rising Bitcoin prices.
Mar 31, 2021 // Investing, commodities, Gold, Commodity
4 Commodities for Q2 2021
The commodity industry started 2021 well. By mid-March, the United States Commodity Index (USCI) index had risen by more than 12%, with most commodities hitting their multi-year highs.
Mar 18, 2021 // Investing, commodities, Commodity