Copper prices on the LME have settled at a lower level of just over $9,600 per ton, Commerzbank’s commodity analyst Barbara Lambrecht notes. Copper smelter…
Industrial Production in the US expanded at a faster rate than expected in June. The US Dollar Index holds above 98.50 after the data. Industrial…
The International Energy Agency has slightly lowered its forecasts for oil demand. It expects an increase of 700,000 barrels per day for this year and…
According to data from the statistics office, Aluminum production in China, the most important producer country, declined slightly in June compared to the previous month,…
The Organization of the Petroleum Exporting Countries and allies (OPEC+) agreed on Saturday to hike their collective crude production by 548,000 barrels per day (bpd),…
The eight OPEC+ countries with voluntary production cuts are likely to decide next weekend to increase oil production by 411 thousand barrels per day in…
Industrial Production in the US declined by 0.2% in May. The US Dollar Index holds steady at around 98.00 after the data. Industrial Production in…
China’s May Retail Sales rose 6.4% year-over-year (YoY) vs. 5.0% expected and 5.1% in April, the latest data released by the National Bureau of Statistics (NBS)…
According to a Bloomberg survey, the nine OPEC countries bound by production targets increased Oil production by nearly 200 thousand barrels per day in May,…
Germany’s industrial sector activity fell more than expected in April, according to the latest data published by Destatis on Friday. In the Eurozone’s economic powerhouse,…