Spot gold prices have surged by 27% in 2024, marking their most impressive annual performance in over a decade. This remarkable rally is attributed to a confluence of factors, including…
Browsing: Commodities
A recent Reuters poll of 30 economists and analysts reveals a slight downward revision in the Brent crude oil price forecast for 2025. The average forecast now stands at $74.33…
Recent forecasts suggest a slight upward revision in oil prices for 2025. This adjustment comes despite predictions of a global supply surplus, driven by increased output from non-OPEC+ nations exceeding…
Oil prices are currently experiencing upward pressure as market participants assess the delicate balance between supply and demand. Several factors are contributing to this price movement: Supply concerns: OPEC+ production…
Brent crude futures concluded the last trading day of 2024 with a modest gain, settling at $74.39 per barrel, reflecting a 22 cent or 0.3% increase. This minor uptick comes…
U.S. natural gas futures experienced a significant surge, closing nearly 13% higher at $3.82 per million British thermal units (MMBtu). This price jump is attributed to several factors, including forecasts…
U.S. crude oil futures experienced a slight dip, settling at $69.62 per barrel on [Date of News]. This represents a decrease of 48 cents, or 0.68%, from the previous closing…
Brent crude oil futures experienced a slight decline, settling lower on December 27, 2024. This downward movement comes despite recent support from stimulus measures in China and a US industry…
U.S. crude oil futures experienced a minor dip on [Date of News], settling at $69.24 per barrel. This represents a decrease of 22 cents, or 0.32%, from the previous trading…
Oil prices experienced a slight dip after a five-day rally, as the market grapples with uncertainties surrounding global demand. The Organization of the Petroleum Exporting Countries (OPEC) recently revised its…