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Commodities Prices - What Killed The Oil Price Rally?
Oil prices fell to a one-month low on Wednesday, pushed down by a rather bearish report from the EIA that showed a large increase in crude inventories. Brent briefly dipped below $80 per barrel and WT...
Canadian oil price plunge to below $20 could lead to a wave of new energy deals
The Lundin family, a Swedish commodities dynasty, was explicit about the role that weaker Canadian prices played in International Petroleum Corp.’s $600 million takeover of heavy oil producer ...
Gold Prices Slip; Dollar Firms as FOMC Meeting Minutes Point to More Rate Hikes
Investing.com - Gold prices slipped while the dollar gained on Thursday after the minutes from the latest Federal Open Market Committee meeting reinforced expectations of a tighter U.S monetary policy ...
Oil Prices Drop on Larger-than-expected U.S. Crude Stocks
Investing.com - Oil prices extended losses on Thursday morning in Asia after ... not enough to halt a fourth consecutive climb in stocks,” Matt Smith, director of commodity research at ClipperData, to...
Inflation under check despite sharp rise in crude prices
Inflation, put in layman terms, is something that effects the price of commodities in the market. If inflation is in check, it means that government is in control of price rise. It is a good news to t...