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At the beginning of the year, no one had ever thought that 2020 would turn out to be one of the worst years in the oil market history, eroding almost two-thirds of its value in few weeks only. Oil prices have lost nearly 68% in...

Prices of silver have plummeted about 36% in just the past 5 days led by a rout in the commodities and riskier asset classes. Traders also liquidated positions in commodities to meet the margin requirement in nose-diving global eq...

Today, the market is facing risk-off sentiment, leading to a selloff in global equities and industrial commodities and energies. WTI Crude oil prices are currently trading 2.8% down at $51.80 and Brent oil is down about 3% to tra...

The International Energy Agency (IEA) said the virus is set to cause oil demand to fall by 435,000 barrels per day (bpd) in the Q1 from the same period a year ago, the first quarterly drop since the financial crisis in 2009. Cr...

Oil prices plunged about 7% last week and 12% so far in January, primarily dented by psychological factors led by the rising number of cases of the new Corona Virus in China and city lockdowns that deepened concerns about demand a...

WTI oil prices surge to an intraday high of $65.65, Brent to $70.83 a barrels, and Gold above $1600 an ounce after Iran, on its first retaliation, have fired about dozen rockets at the Ain al-Assad military base, which is hosting ...