Commodities
Articles on commodities such as gold, iron, oil, cotton etc.
Nigeria’s crude oil earnings under threat as India oil imports hit 10 year low
Nigeria relies on India for over 15% of export earnings
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Crude oil prices rally higher following US $1 trillion stimulus plan
Brent crude gained 0.30% to $43.69 as of 8: 20 AM GMT.
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Gold loses $70 dollars in an hour after reaching $2,000
The rush for gold by global investors has been boosted by a weakened greenback.
Read moreDetailsGold surges past record high as U.S dollar hits record low
The rush for gold by global investors has been boosted by a weakened greenback.
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Oil prices drop as market reacts to rising COVID-19 cases, US-China tension
Despite the drop, Brent crude is still expected to experience its fourth monthly gain in July.
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Comparing the 2016 oil price crash to 2020 oil price crash
OPEC’s policies were truly influenced by the 2014 fall in price.
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Why Nigerians should consider investing in Commodities
Commodities play a vital role in Nigeria’s economy, accounting for more than 90% of its export.
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The world’s biggest oil hedge program underway
Having the hedge in place has protected Mexico from the plunge.
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Gold nears $1,900, as it continues 9-year high
The precious metal continues to fly higher as global Covid-19 caseloads reach 15 million.
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Outcome of OPEC’s Joint Ministerial Monitoring Committee
The cumulative OPEC+ cut in August and September would be some 8.4million bpd.
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