Commodities: All News & Analysis

Explore our extensive commodities news, which unveils critical insights into price movements, trends, and expert forecasts in the raw materials market. By examining price actions and understanding the factors influencing commodity values, understand current market dynamics. This page is designed to boost your research on historical trends, identify seasonal patterns, and sharpen your trading strategies across sectors such as energy, metals, and agriculture. Equip yourself with the knowledge necessary to enhance your understanding of the commodities landscape and elevate your trading decisions.

Oil extends gains, gold vulnerable

Oil well supported after OPEC+ assessment Oil prices are extending gains after the OPEC+ meeting today, at which producers agreed to continue to increase output by 400,000 barrels per day, next month. At the last meeting, the group agreed to continue with planned increases in January but made clear it could make adjustments at any point if omicron proves to be a significant drag on demand. It's clear based on today's meeting that downside risks to demand from the new variant never materialized

Jan 04, 2022 by Craig Erlam

Oil edges up, gold vulnerable

Oil moves to the top of its range Oil prices edged higher overnight, Brent crude rising 1.25% to USD 78.90, and WTI climbing 0.85% to USD 75.95 a barrel. Diminishing omicron concerns have supported oil through the holiday period and the spectre of OPEC+ now looms over energy markets.

Jan 04, 2022 by Jeffrey Halley

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