Commodities

Why is the Brent Crude Oil Price Trending Lower? Here is Why

Barely a week after agreeing to stagger its output increases in 2021 along with its partners in the alliance, the…

Dec 14, 2020, 16:46 GMT

BP Share Price Could Gain 33% to 375p in the Near Term – Chart

BP share price is up by more than 2% as the price of crude oil continues to rally and as…

Dec 14, 2020, 09:53 GMT

Gold Price Head and Shoulders Pattern Breaking Lower

A classic reversal pattern for the gold price points to a move well below the $1,800 level. The price of…

Dec 14, 2020, 09:12 GMT

Crude Oil Price Holds Steady – But There’s 1 Major Concern

Crude oil price edged upwards today after a series of positive news during the weekend. The price of Brent is…

Dec 14, 2020, 05:42 GMT

Gold Price Outlook: XAU/USD Firmer Despite Higher CPI

Gold price action on the XAU/USD chart is firmer this Thursday after a double release of US data further put…

Dec 10, 2020, 15:25 GMT

Crude Oil Price Outlook: Will Brent Crude Hit $50 Soon?

Crude oil price on the Brent benchmark resumed its push towards the elusive $50 mark this Thursday, as renewed hopes…

Dec 10, 2020, 13:21 GMT

Gold Price Bearish as Pointed by a Head and Shoulders Pattern

Gold price was rejected from the $1,870 area yesterday and now consolidates on a possible right shoulder of a head…

Dec 10, 2020, 11:50 GMT

Crude Oil Could Move to $50.00 if Risk Stays Strong

Crude oil was 0.35% higher on Thursday with WTI pushing the $46.00 resistance level. The price of oil could continue…

Dec 10, 2020, 09:55 GMT

Gold Price is Losing the Battle Against Bitcoin – JP Morgan

Gold price is set to decline further as more institutional investors shift to Bitcoin and other better-performing digital currencies. That…

Dec 10, 2020, 08:21 GMT

Here’s Why Oil Prices Rally Have Stalled Below $50

Oil prices are under pressure as concerns about the US production and inventories rise. The price of Brent is trading…

Dec 10, 2020, 06:34 GMT