Tag Iron ore

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Commodity Week Roundup

Energy Another positive week for the oil bulls more precisely the 9th week in a row in which oil prices could rise. WTI crude oil was able to gain 1.8% and closed on Friday at $83.98 per barrel. Brent crude…

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Commodity Week Roundup

Energy Crude oil rose for the 8th week in a row and is getting close to Wall Street’s announced target of $90 by year-end. Demand for crude oil continues to rise due to the recovery from the COVID 19 pandemic,…

nuclear power plant

Commodity Week Roundup

Energy The energy sector is probably one of the most exciting sectors at the moment, with rising prices for crude oil, natural gas, and the unloved thermal coal.Crude oil has closed the 7th week in a row with a plus…

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Commodity week roundup

Energy Oil prices were strong again this week after demand continues to rise but supply is still struggling with supply bottlenecks. Brent crude oil could close the week with 1.52% in the plus at $79.28 per barrel.WTI crude oil has…

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Commodity week roundup

Energy Oil prices have been able to end the 3rd week in a row with a plus. At the end of the week, Brent crude oil was able to close with a plus of 2.31% to $75.30 per barrel.WTI crude…

Copper and iron ore recovery expected

Experts expect a recovery in copper and iron ore due to the positive news from China. Both metals have lost ground since last month. COMEX Copper delivery for September fell 3.8% from last month to $4.223 per pound. Iron ore…

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