The Brent oil price rose significantly yesterday and regained last Thursday’s interim high of just over $68 per barrel in the morning, Commerzbank’s commodity analyst…
In the wake of the sharp fall in oil prices, the time spreads, i.e. the price differentials along the forward curves, also narrowed significantly last…
China’s crude oil imports rose to 12.1 million barrels per day in March, according to data from the customs authority, Commerzbank’s commodity analyst Carsten Fritsch…
The eight OPEC+ countries with voluntary production cuts surprisingly announced yesterday that they would increase production by 411 thousand barrels per day in May. That…
Data published this week by the Hong Kong Statistics Authority on Gold trade with China confirmed the picture of very weak demand for Gold in…
US crude oil inventories declined by 3.3 million barrels last week, as reported by the US Department of Energy in the middle of the week,…
The Canadian Dollar (CAD) is little changed against the stronger US Dollar (USD) on the session so far. Another, apparent tariff reprieve has not boosted…