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The latest commodity market moves as well as developments in the futures markets. Stay up-to-date with breaking commodities news and specifics on major commodities such as crude oil and gold.
BRUSSELS (Reuters) -Six European Union nations on Monday known as on the European Fee to decrease the $60 per barrel worth cap placed on Russian oil by G7 nations, arguing it could scale back Moscow’s revenues to proceed the conflict…
By Florence Tan and Siyi Liu SINGAPORE (Reuters) – Supertanker freight charges jumped after the U.S. expanded sanctions on Russian oil commerce and despatched merchants speeding to e book ships to choose up provide from different international locations to go…
By Florence Tan and Siyi Liu SINGAPORE (Reuters) – Supertanker freight charges jumped after the U.S. expanded sanctions on Russian oil commerce and despatched merchants speeding to e book ships to choose up provide from different nations to go to…
Investing.com– Gold costs rose barely in Asian commerce on Tuesday, steadying from in a single day losses as merchants speculated over simply how extreme President-elect Donald Trump’s deliberate commerce tariffs can be. Markets have been additionally awaiting extra cues on…
By Clyde Russell LAUNCESTON, Australia (Reuters) – China imported a report quantity of coal in 2024, driving world imports of the gas to an all-time excessive. So why are coal exporters beginning 2025 in a deep blue funk? For coal…
By Colleen Howe BEIJING (Reuters) – Oil costs slipped at market open on Tuesday however remained close to four-month highs as Chinese language and Indian patrons sought new suppliers within the wake of the Biden administration’s hardest sanctions but on…
Investing.com– Oil costs fell barely in Asian commerce on Tuesday, pulling again from a four-month excessive triggered by new U.S. sanctions on Russian oil exports and worries over provide disruptions. At 20:02 ET (01:02 GMT), Brent Oil Futures have been down…
On Monday, Macquarie strategists projected a rise in US crude inventories and a big construct in product shares for the week ending January 10. Analysts at Macquarie estimate that US crude inventories rose by 3.0 million barrels, which is a…
Financial institution of America (BofA) analysts have highlighted latest developments within the power sector, noting that sudden U.S. sanctions on Russian power and chilly winter climate have pushed Brent crude costs again above $80 per barrel. These components, together with…
Investing.com — Pure gasoline futures have drawn again from their in a single day peak following studies of decreased feedgas flows to Freeport LNG in Texas. This month’s rally, bolstered by LNG exports exceeding 15 billion cubic toes (Bcf) per…
