Oil Prices Gain Some Ground Due to Iraqi / Kurdistan Stand Off - March 29, 2023 12:12

On Tuesday, crude oil prices increased slightly, continuing their significant gains from the prior day due to the risk of supply disruptions from Iraqi Kurdistan and optimism that the uncertainty in the banking sector has reduced. The arguments escalated last week, causing the Iraqi government to halt oil exports from Kurdistan to Turkey. This action […]

Surge In Gold Prices Back to 2022 Highs - March 24, 2023 6:33

The recent move by the U.S. Federal Reserve to raise rates by 25 basis points suggests that it may have reached the peak of its rate hike cycle, thereby causing a surge in the price of gold around the globe. This is partly because it makes the precious metal a more attractive investment option for […]

Inflation Worries Shares Once Again - June 11, 2022 13:20

It was an extremely difficult week for equities in London after far higher than forecast US inflation numbers were released ahead of US open, raising an instant worry over further central bank policies and consumer confidence. US inflation hit a new four-decade high May, which triggered an almost instant sell off on US index futures. […]

Oil Prices Remain High With Russian Ban Looming - May 15, 2022 11:51

Friday brought another rise in Oil prices with a gain of around 4%, as record high prices were seen in US Gasoline. Investors are still rightly concerned that supplies will tighten if the EU does indeed go ahead and ban Russian imports. This was the third consecutive weekly increase in Oil prices, and also the […]

Copper Prices Sliding On Chinese Slowdown Concerns - April 26, 2022 17:44

Major concerns were raised on Monday on continued demand from China which sent the copper price and main industrial metals sliding yesterday. Covid continues to be a pest in China, with lockdowns in major cities and ports suffering backlogs of unloading ships. After China promised more support to revive an economy which has been ravaged […]

Natural Gas Prices Remain High and Strong - April 25, 2022 17:08

Early last week Natural Gas prices headed to highs not seen since 2008 and for a moment hit over $8 per MCF. However, this was to be the high moment with steep declines for the remainder of the week. So what next? What is driving gas prices right now? The EU and Russia are at […]

FOMC Begins to Raise Rates to Get Inflation into Check - March 19, 2022 11:27

The Federal Open Market Committee raised the federal funds rate by 0.25 at the conclusion of Wednesday’s two-day policy meeting. This brings the target range from 0.25 to 0.50 percent. This is the latest step in the recovery of the US economy from the pandemic, and it’s the most significant to date to fight the […]

Gold Pops Past $2000 But Settles For Less - March 12, 2022 13:38

Spot gold price earlier this week was close to $2075/ounce, but after traders booked their profits, this saw the yellow metal drop below $2000 after it reached this new high. Inflation is hitting highest levels for decades and the outlook is bleak for the short term. Experts in commodity markets believe that the sharp rise […]

Rising Oil Prices Don’t Look Like They Are About To Stop - March 6, 2022 18:10

Oil prices are souring and don’t look to be stopping. As sanctions hit Russia, the second-largest exporter of oil in the world, after its invasion of Ukraine, a global search for crude oil spare barrels is under way. However, don’t be surprised if Saudi Arabia doesn’t step in to help. The kingdom could reduce global […]