Commodities

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Oil volatility in vogue once again as crude production set to decrease

After a very brief period of stagnation, crude oil prices are once again becoming volatile. Oil, along with many other raw material commodities which are used as energy sources, has been at the center of discussion for over two years, first of all due to restrictions on supplies caused by

Brent Crude Oil price takes a bashing overnight

During the past two years, oil, along with many other raw material commodities which are used to produce energy products, has been very volatile. Perhaps given the nature of its supply, which is largely in the hands of the OPEC+ countries whose national economies depend on the export of oil

Oil price on the backfoot in early 2023 despite high demand

If the year 2022 can be remembered for any recurring feature in terms of demand for commonly traded commodities, it can be remembered as a year of high energy prices across many Western countries, with oil being one of the most prized consumable commodities of the year. In the summer

Gold price challenges the Dollar again - but for how long?

Last week, some of the more adventurous analysts at the Tier 1 banks made the outlandish prediction that Gold may approach double the value that it is currently trading at during the course of 2023. This may have appeared to be somewhat stratospheric and hard to imagine, however there certainly

Sudden gold price hike attracts speculative attention

Gold prices over the past few weeks have been rising sharply. In early November, the price of gold was at its lowest point in over 6 months, languishing at $1,628 per ounce, however the sudden rise in value has culminated in gold prices being at their highest since the

Brent Crude Oil is on the up as G7 price cap deals blow

The price of Brent Crude oil is once again on the rise, after a slow and steady decline during early to mid November bottomed out at $76.28 per barrel on November 26. Since then, the price has been increasing, and today Brent Crude Oil (WTI) is trading at $81.

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