Metals Update – April 21 2023
Copper prices have taken a hit and are poised for a weekly decline, as fears of a possible American recession weigh on demand for the metal…
Fuel & Oil Report
Are you looking for insights and predictions to help you navigate the volatile fuel market? Look no further than this comprehensive report on the state of the global oil industry…
Fuel & Oil Update – 6 April
On Monday, Brent crude oil surged by $5 per barrel to trade near $85 per barrel, increasing almost 6% after Saudi Arabia and other OPEC+ producers announced new production cuts.
Fuel & Oil Update – 24 March
Earlier this week, crude oil prices rebounded more than 2% following a drop to a 15-month low on the previous day, as Credit Suisse’s rescue mitigated worries of a banking crisis that could harm economic growth and reduce fuel consumption.
Fuel & Oil Update March 2023
Industry commentators predict that oil prices will increase throughout 2023 due to rising demand in China. Data analytics firm Refinitiv has forecasted a Brent crude rise to above $100 per barrel by the end of the year, while others have predicted increases between March and May, a time oil prices usually rise.
Metals Update – Feb 17 2023
Last week was quiet on the data front, reflected in the rates, as GBP traded within a tight range. GBP/USD touched 1.2344, the…
Metals Update – Feb 10 2023
Last week was quiet on the data front, reflected in the rates, as GBP traded within a tight range. GBP/USD touched 1.2344, the…
Metals Update – Feb 03 2023
Last week was quiet on the data front, reflected in the rates, as GBP traded within a tight range. GBP/USD touched 1.2344, the…
Metals Update – 20 Jan 23
Prices slip back from new highs on China worries.
Copper prices fell towards the end of the week as investors worried about weak demand as China, the world’s largest metals consumer, prepares for a holiday and other economies slow due to high-interest rates.
Fuel & Oil Update – January 2023
Last week was quiet on the data front, reflected in the rates, as GBP traded within a tight range. GBP/USD touched 1.2344, the…