author - oman observer

Commodities started March on a firmer footing after data from China confirmed that activity in the world’s biggest consumer of raw materials is picking up momentum. Gains however were held back by...

The commodity sector remains on the backfoot this month after a supportive focus on China’s reopening was replaced by fresh growth and demand concerns, not least in the US where recent economic...

The commodity sector spent the first full week of February trying to recoup some of the losses that hit the market after a stronger than expected US job report hit risk sentiment as the dollar...

The Bloomberg Commodity Index (BCOM) traded higher for a third week as it continued to recover from an early January selloff that was driven by the IMF’s global recession warning. Gains were broad,...

The Bloomberg Commodity Index traded higher for a second week, driven by continued gains across industrial metals, crude oil, and fuel products. The gains which were been driven by optimism over the...

Commodity markets maintain a commanding lead over asset classes, such as bonds and stocks, as we head towards the final few weeks of trading in 2022. A year that, despite several headwinds, has...

Commodities traded mostly higher during a week where the focus altered between optimism over China reopening and an extended rate hike cycle in the US having a negative impact on global growth and...

Commodities trading was mixed during this past week, with strength across the energy sector being offset by weakness in agriculture – especially the soft sector which dropped to a one-year low led...

The commodity sector, led by crude oil and fuel products, continued to show strength despite ongoing concerns that central banks’ battles against inflation through aggressively hiking rates will tip...

Multiple uncertainties will continue to create a volatile environment for most commodities ahead of the year-end. While the recession drums will continue to bang ever louder the sector is unlikely to...

Commodities traded generally lower in a week where the big lines were drawn by developments in Washington and Moscow. At their latest FOMC meeting, the US Federal Reserve managed to surprise on the...

Leading meteorological organisations are warning about the risk of a triple-dip La Ninã event spanning three northern hemisphere winters – a rare occurrence which, according to the BBC, has only...

The commodity sector turned sharply lower this week as the market reacted negatively to renewed growth concerns after the Federal Reserve Chairman, Jerome Powell, left the market in no doubt that the...

The commodity sector continues to recover as the Bloomberg Commodity Index claws back more than half of what it lost during the June to July 20 per cent correction. Gains were seen across most...

Crude oil’s bounce from a six-month low has so far seen Brent crude oil return above $100 per barrel while WTI following a brief dip to the mid-80’s has turned higher to trade around $95 per...

The correction that for some commodities already started back in March has since the end of July increasingly been showing signs of reversing. According to the Bloomberg commodity sector indices, the...

The commodity sector is increasingly being spooked by the recession ghost. This past week’s selling saw steep declines across all three sectors of energy, metals and agriculture. At this point, the...

The commodity sector is showing little sign of global growth and demand worries having a negative impact on prices. In addition, over the past week, the Bloomberg Commodity Sport index — which...

The commodity sector continued to find support this past week, despite the hurricane sweeping across global stock markets. US stocks posted their biggest daily drop in almost two years on Wednesday,...

The commodity sector is showing a growing divergence between metals and energy, with the Russia/Ukraine war continuing to raise supply concerns for crude oil, refined products and natural gas while...