Saudi Arabia today reduced its official selling prices (OSPs) to Asia in June and crude oil prices are bouncing 6-9% on the back of that news....
It is a huge challenge to be an oil analyst these days because the changes are so fast, the magnitudes are so large and exact numbers...
Brent and West Texas Intermediate (WTI) are two globally recognised oil benchmarks. When market participants refer to the price of oil, they typically refer to one...
”Since the start of 2020, the trajectory of coffee prices has been volatile due to a chain of key market incidents. Increasing global inventories and higher...
Oil contracts are having a 10% relief rally today as Monday’s price crash moves away. It was predominantly the small investors who lost their shirts and...
Right now, we have a “467 million barrels of financial “get me out of here” taking place in the WTI June contract. After seeing what happened...
The active Nymex West Texas Intermediate (WTI) oil contract (May) that will expire today briefly traded close to -$40/bbl yesterday and is currently at US$1.42/bbl[1]. Later...
Following an impasse that lasted from 6th March until Easter weekend, OPEC+ are finally ready to start cutting oil production again. The pain from falling demand and rising...
We are living in a time of unprecedented volatility in oil. That is the consequence of a twin shock: both demand is collapsing and supply is...
Nickel has exciting long-term prospects as its use in electric vehicle batteries is expected to drive its demand growth in the future. This structural trend has...
