Category: Inventory

[ad_1] The inventory versus geopolitical game in oil markets At this early stage in the first quarter of 2022, the oil market outlook remains tight and prices are still recording high levels despite the general agreement that surplus will eventually develop.Crude oil prices remained firm, registering levels not seen in more than seven years as…

[ad_1] Jan 18 (Reuters) – London copper shed early gains on Tuesday, as a firmer dollar made the greenback-priced metal expensive for holders of other currencies, while higher inventories in London Metal Exchange-registered warehouses eased some fears of supply tightness. Three-month copper on the London Metal Exchange was down 0.1% at $9,724 a tonne, as…

[ad_1] On Wednesday, natural gas surged higher, rising another 14%, notching up a 24% gain for the week after climbing 5% last week. According to a recent National Oceanic Atmospheric Administration report, Cool-weather is expected to cover most of the Mid-West and North East for the next 8-14 days. The surge in prices comes ahead…