Summary: Gasoline (CME_RB1) has seen a price increase of 12.01% over the past month Shanghai Steel Rebar Futures (SHFE_RB2) are up on the rise with a 8.43% increase Brent Crude Futures (ICE_B1) are up on the rise with a 7.72% increase Ending Sanctions Led to Surge in Oil Prices Gasoline (CME_RB1) are up on the […]
As trade war is taking off, the global commodities market is the first to be directly hit. Despite rising price of other risky assets, the Dow Jones Commodity Index has decreased 5.37% in the past month. Among all segments, US cotton and Chinese steel market saw most significant rise due to macro statistics and political […]
Global Oil Price Hit Near 3-Year High The oil price has stayed low since December 2014 when robust global production significantly exceeded demand. However, on June 29, WTI (West Texas Intermediate) price surged by more than 4% to $74.15 per barrel, the highest level since the end of 2014. The immediate cause is the production […]
In the latest gold news: As of May 8 at approximately 2:19pm EST, gold was trading at $1317.06 per ounce
