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Commodities
  • RICE
    18.26 USD 0.55%
  • BRENTOIL
    88.48 USD 1.76%
  • SOYBEAN
    15.22 USD 1.2%
  • NG
    2.87 USD -1.42%
  • WHEAT
    311.53 USD 0.93%
  • WTIOIL
    82.15 USD 0.88%
  • XAG
    23.67 USD -0.1%
  • XAU
    1930.78 USD -0.81%
  • XCU
    4.28 USD 0.4%
  • XPD
    1596 USD -1.29%
  • XPT
    1008 USD -2.4%
  • ALU
    2647.73 USD -0.19%
Silver pauses its rally, eyes significant support

Silver pauses its rally, eyes significant support

Silver has paused in its upward movement, awaiting impetus for further direction.
Gold sparks to $1700 – what happened?
XAU
-0.81%

Gold sparks to $1700 – what happened?

The weaker US manufacturing index negatively impacts the US dollar and helps gold reach the level of $1700.

A closer look at commodity extraction by fracking

Fracking is a method of gas extraction that has made the US in particular profitable over the last decade. In contrast, many countries in Europe have banned it.
OPEC has significantly increased its oil production
BRENTOIL
1.76%

OPEC has significantly increased its oil production

OPEC increased its September oil production to the highest level since 2020. Yet it failed to meet its quota.

The US imposes new sanctions on Iran oil

The sanctions affected companies involved in the petrochemical and oil trade, including companies based in China.
UK records highest food inflation in history Podcast

UK records highest food inflation in history

Food prices are rising globally along with energy prices. The UK is now seeing the highest rate of inflation in this category.
Severe explosions damage Nord Stream pipelines Podcast

Severe explosions damage Nord Stream pipelines

Swedish and Danish gauging stations massive underwater explosions where the Nord Stream pipeline subsequently started leaking gas.
Higher interest rates hurt crude oil
WTIOIL
0.88%

Higher interest rates hurt crude oil

The current trend in monetary policy decision-making hurts commodities denominated in the US Dollar. Crude oil dives under support level.

U.S. fuel exports broke records

Exports of petroleum products from the United States in the first half of 2022 grew at the fastest pace in the last 5 years.

Poland has enough gas and coal for the winter

Poland has secured supplies of natural gas and coal for the upcoming winter heating season. It managed to do so without Russian supplies.

Russia will harvest 100 million tonnes of wheat

Russia's wheat harvest may reach a historic level of 100 million tonnes this year, but not all of it will be exported.

China has 50 years of coal reserves

In pursuit of its energy security, China is increasingly producing energy from coal, of which it has plenty for now.

Are we seeing a coal rush?

Buyers, mainly from Europe, are scrambling for shipments of thermal coal around the world. This opens up new import options.