Oil prices rose slightly in trading on Tuesday (January 20) after better-than-expected Chinese economic data boosted demand optimism. Brent crude rose 19 cents (0.3%) to $64.13/barrel, while February WTI which expires today rose 25 cents (0.4%) to $59.69/barrel. The more active March WTI contract also edged higher to around $59.42/barrel. This strengthening was driven by news from China, the world's largest oil importer. The Chinese economy reportedly grew 5.0% through 2025, meeting the government's target. Refinery activity also increased, with refinery throughput rising 4.1% and crude oil...
Silver prices rose on Friday (December 19) and remained near their all-time highs, driven by strong investor interest in safe-haven assets. The weakening US dollar and expectations of lower global interest rates have made silver increasingly attractive, especially amid ongoing economic uncertainty and fiscal concerns. In addition to investment factors, industrial demand is also a major driver of rising silver prices. Demand from the solar power, electric vehicle, and data center sectors continues to increase, while supply remains relatively tight. This condition keeps silver's fundamentals...
Brent prices remain under pressure and are headed for a second weekly decline, as the market focuses more on the risk of oversupply than potential supply disruptions. Brent is hovering below $60/barrel (down by >2% in a week), while WTI is hovering around $56/barrel—reflecting the sentiment of "supply is plentiful, demand is not yet strong enough." The main concern stems from the view of major traders that the market could potentially be in surplus by early 2026. Trafigura even estimates that Brent could remain in the $50s until mid-2026 if there are no major disruptions or significant...
Silver prices are showing a very strong trend today. Silver prices remain near all-time highs, driven by expectations of interest rate easing in the US and strong investor demand for this precious metal as an alternative asset amid economic uncertainty. Furthermore, the silver market is experiencing a prolonged supply deficit—where demand is structurally greater than global production—which continues to support silver prices fundamentally. On the demand side, demand for silver from the industrial sector remains strong due to its widespread use in solar panels, electric vehicles, 5G, and...
Gold remains supported by global economic data that reinforces expectations of an interest rate cut by the US Federal Reserve, reducing real yields and increasing gold's appeal as a safe-haven asset. Following the latest lower-than-expected US inflation figures, the dollar weakened slightly and bond yields fell, which traditionally makes gold more attractive to global investors. However, gold is moving cautiously due to the dollar's recent strength and market sentiment being sensitive to subsequent US economic data. Demand for physical gold and interest from central banks remains strong,...
Oil is headed for a second weekly decline as concerns about a supply surplus outweigh concerns about supply disruptions. Brent is below $60 (down >2% this week) and WTI is around $56; many major traders see an oversupplied market early next year, with Trafigura even projecting Brent to remain in the $50s until mid-2026.Oil is down around 20% this year due to rising supply (OPEC+ and other producers) while demand is weak. With the year-end holidays approaching, trading volumes are thinning, and prices could become more volatile (asd).DisclaimerThis article is analytical in nature and is...