Category: Commodity
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Oil sinks as OPEC supply surge threatens to swamp global market
Crude oil markets have taken another blow as OPEC delivered a surprise output hike for June, triggering fresh volatility and raising fears of a supply glut. With Brent crude hovering near $61 per barrel—a four-year low—the sudden pivot by the oil cartel is reshaping market dynamics and fueling broader concerns about global recession risks. So,…
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The Impact of Geopolitics on Commodity Market
Geopolitical risks threaten the supply and demand of commodities, significantly affecting their prices. Events like trade wars, civil unrest, and regulatory changes disrupt the commodity supply chain and pricing, fragmenting trade. For example, the World Bank projected that any further conflict escalation in the Middle East could significantly increase Brent crude oil prices to $92…
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Top Five Commodity Markets in India: Opportunities and Challenges for Traders
India is one of the largest and most diverse commodity markets in the world, with a rich history of commodity trading those dates back to ancient times. India has four major commodity exchanges that facilitate online trading of commodities: Multi Commodity Exchange of India (MCX), National Commodity and Derivatives Exchange (NCDEX), Indian Commodity Exchange (ICEX),…