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  • XPD
    1564 USD -1.42%
  • XPT
    975 USD -0.31%
  • ALU
    2521.24 USD -0.42%
  • RICE
    17.5 USD -1.29%
  • BRENTOIL
    82.46 USD 1.96%
  • SOYBEAN
    15.12 USD -0.65%
  • NG
    2.53 USD 2.81%
  • WHEAT
    311.61 USD 1.03%
  • WTIOIL
    75.87 USD 1.63%
  • XAG
    22.33 USD 0.17%
  • XAU
    1876.11 USD 0.38%
  • XCU
    4.04 USD -0.06%
Macro data slashed the crude oil down – can it go lower?

Macro data slashed the crude oil down – can it go lower?

Last week was not very good for crude oil. Fed, OPEC, and fear of recession negatively affected the black gold, which went under $73.
Commodities outlook for 2023 – where is gold, oil or wheat headed?
WTIOIL
1.63%

Commodities outlook for 2023 – where is gold, oil or wheat headed?

In this article, we take a look at the most traded commodities - gold, oil and wheat. Lets try to paint a picture for 2023.
Oil after inflation data – hurrah for the bulls!
WTIOIL
1.63%

Oil after inflation data – hurrah for the bulls!

Oil is enjoying another green day after the US Consumer Price Index release. News are suggesting Fed could slow down the hikes even more.
Will the silver hold the crucial support ahead of the US CPI?
XAG
0.17%

Will the silver hold the crucial support ahead of the US CPI?

Lower inflation pressure from soft data in the US poured money into precious metals. Thursday's CPI can show the way for silver.
Oil erases gains on Thursday as sentiment stays bearish
WTIOIL
1.63%

Oil erases gains on Thursday as sentiment stays bearish

Thursday's rally could prove short lived as bears tend to sell all the rallies in oil. 2023 does not look promising for the bulls so far.
Natural gas suffers another large decline, drops to pre-war levels
NG
2.81%

Natural gas suffers another large decline, drops to pre-war levels

Warm weather in Europe has brought the price of natural gas sharply lower.
Oil stuck near strong resistance – fight for $80 continues
WTIOIL
1.63%

Oil stuck near strong resistance – fight for $80 continues

Bears remain in control of oil for now as sentiment remains pessimistic.
Russia blocks $488 million worth of Linde assets
LIN
-0.23%

Russia blocks $488 million worth of Linde assets

Another massive business toll tied to the recent wave of G7 sanctions on Russia.
Gold awaits fresh data to move- where will inflation send it?
XAU
0.38%

Gold awaits fresh data to move- where will inflation send it?

The volatility from 2022 can continue in 2023. China's new Covid outbreak, the war in Ukraine, and the next Fed's rate can move the price of gold significantly.
Coal and gas lead the 2022 commodity market
NG
2.81%

Coal and gas lead the 2022 commodity market

Marked by war, 2022 commodity price surge has been led by coal and natural gas. Nations were stockiping record ammounts of resources.
Oil falls and stays below key support – where can it go next?
WTIOIL
1.63%

Oil falls and stays below key support – where can it go next?

A weaker dollar helped to offset some of the worries about demand caused by the rising number of Covid cases in China.
Gold seems to have run out of safe haven steam
XAU
0.38%

Gold seems to have run out of safe haven steam

Bears have a quick response to Tuesday's monthly highs with renewed key support testing.
Oil attacks a significant level as sentiment improves
WTIOIL
1.63%

Oil attacks a significant level as sentiment improves

Should oil close above $80 again, it could lead to another rally in crude prices. China sparks positive sentiment for buying.