Iron prices reach new 5-year high as Chinese demand soars
While commodity investors might be focused on precious metals right now, such as gold and silver, which have shot up in value due to...
Gold settles just under $1,900, breaks all-time high
Gold prices are continuing to rise as investors around the world seek a safe financial haven for their investments. Worries regarding further coronavirus outbreaks...
Copper prices hit 2-year high as Chinese manufacturing demand spikes
Of all the commodities on the market, copper is one of the most closely watched by economists and analysts alike. While nowhere near as...
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Gold prices settle around $1,800 as ETF demand hits record high
Gold has done extremely well for itself so far in 2020, and for a good reason. While some economists had hoped that the economy...
Oil giant Shell expects $22 billion asset write-down in second quarter
Although oil prices have witnessed a major recovery over the past couple of months, energy companies around the world are still in a tight...
Oil prices settle at six-week high as supplies begin to tighten
Oil prices have staged a significant recovery over the past month, although still quite far from recovering to normal levels. After prices for crude...
Top regulatory body warns negative oil prices could return
One of the biggest events in the financial markets this year was when oil prices nosedived into negative territory for the first time in...
Oil plummets another $15 per barrel, will things get worse?
Oil prices are continuing to suffer despite new supply cuts from OPEC and its allies. After a month-long price war that saw prices plummet...
Chesapeake Energy plunges 38% after 200-for-1 stock split
Despite the recent agreement made between OPEC and ally countries such as Russia to cut back on oil production, oil prices have remained almost...
Oil storage space could run out if Russia-Saudi price war doesn’t...
As prices for oil continue to hover around $25 per barrel, many industry experts are becoming jittery as output continues to skyrocket. With both...
Trump planning meeting with big oil CEOs to provide assistance
While the U.S. economy as a whole is continuing to hurt, one of the country's most promising sectors has quickly gone under substantial pressure....
Goldman Sachs warns investors now is the time to buy gold
There have been a lot of similarities made between the 2008 financial crisis and this current coronavirus-fueled bear market. While there are some differences,...
