China published detailed data on crude Oil imports in June on Monday. Of the total 49.9 million tons, Russia accounted for 8.35 million tons and…
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…
After briefly exceeding $3,400 per troy ounce, the Gold price stabilised just below this level, Commerzbank’s Head of FX and Commodity Research Thu Lan Nguyen…
The gold market fell somewhat significantly during the trading session on Tuesday in the early hours, as we continue to see a lot of behavior.…
There is a chance for US Dollar (USD) to test 7.1650 vs Chinese Yuan (CNH); the major support at 7.1500 is unlikely to come into…
The price of Platinum rose significantly this week, as did the price of Palladium, Commerzbank’s commodity analyst Carsten Fritsch notes. Platinum and Palladium are exceptionally…
The International Energy Agency (IEA) has left its forecast for the increase in global Oil demand virtually unchanged. It expects growth of 740 thousand and…
Reserve Bank of New Zealand (RBNZ) Governor Christian Hawkesby noted early Thursday that New Zealand’s economy remains severely exposed to global trade fallout from US…
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…