Commodities
Articles on commodities such as gold, iron, oil, cotton etc.
Nigeria’s Bonny light reaches four months high
Bonny light crude reached a four-month high, since early March 9, where its price fell to $37.22.
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Crude oil closes high, Nigeria to comply with output cut
Oil traders have flagged the start of hurricane season as a potential headwind for crude oil prices.
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Gold price up as COVID-19 cases rise, U.S-China tensions heighten
The dollar’s rise to a near two-week high in the previous session subdued gold’s advance.
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Nigeria’s potential crude oil reserves expected to fall by 6 billion barrels
The company expects potential reserves in Nigeria to fall further by 6 billion barrels.
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Brent crude recovers to 90% of pre-coronavirus levels, as global demand rises
The oil market is stabilising amidst compliance of OPEC+ members with the agreement to cut oil production.
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Brent Crude falls, U.S Crude Oil Inventories record a two week high
Brent crude is the leading global benchmark for Atlantic basin crude oils.
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Brent Crude slumps, COVID-19 fears dampens oil demand
Brent crude is the leading global benchmark for Atlantic basin crude oils.
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Gold rises following Fed Reserve increased support measures
The commodity typically gains when there are increased stimulus measures from major central banks
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Oil price slump continues as second wave of COVID-19 may crush the oil market
Oil prices retreated further on Monday, with prices down more than 10% in less than a week.
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Brent crude drops, as COVID-19 caseloads rise in the world’s largest economies
Brent oil futures fell in an attempt to pull back some of its losses of about 8%.
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