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OPEC

Saudi Arabian and Russia warned OPEC+ countries to adhere to the planned oil production...

The Organization of Petroleum Exporting Countries and its allies, commonly known as OPEC+ group, are still working around the process of balancing the global...
oil inventories

Crude oil prices are inching higher amid expected global supply deficit in Q1 2019

Crude oil prices are rising, albeit poorly, on Friday amid production constraints by the Organization of Petroleum Exporting Countries (OPEC) and sanctions against Venezuela...
Gold price support

Gold price broke below the key technical support of 1,300 USD

Gold price fell on Thursday after the US dollar regained some ground and uncertainty over Brexit eased, but the precious metal held close to...

Crude oil enjoyed steady price growth for the third consecutive day

Crude oil prices are rising on Wednesday, backed by continuing cuts by the Organization of Petroleum Exporting Countries (OPEC) and the US sanctions against...
Gold

Gold prices rose slightly on Tuesday against weakening US dollar

Gold prices rose slightly on Tuesday against weakening US dollar and investors' optimism after the European Commission accepted amendments to the UK’s Brexit deal....
Crude oil prices

Crude oil prices started the week with increases

Crude oil prices rose on Monday following comments by the Saudi energy minister Khalid Al-Falih that the end of supply cuts by the Organization...
Crude oil rigs

Crude oil prices fell amid growing investor concerns about the global economy

Crude oil prices fell on Friday amid growing investor concerns about the global economy after the European Central Bank (ECB) warned of the widening...
Gold

Gold prices stalled on Thursday ahead of the ECB policy meeting

Gold prices stalled on Thursday ahead of a European Central Bank (ECB) policy meeting expected to present a cut in economic growth forecasts. The spot...
US oil

Higher US oil inventories and yields lowered commodity prices

Crude oil prices are down on Wednesday as the US inventories growth undermines OPEC's efforts to stabilize market price levels through supply constraints. The futures...
gold price

Price of gold held close to a more than five-week low on Tuesday

The price of gold held close to a more than five-week low on Tuesday as the US dollar firmed and global equity markets held...

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