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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.
Investing.com — U.S. crude oil futures inched increased in post-settlement buying and selling Tuesday after the American Petroleum Institute reported a larger-than-expected decline in weekly home crude stockpiles. Crude Oil WTI Futures, the U.S. benchmark, just lately traded at $74.42…
(Reuters) – U.S. President-elect Donald Trump stated on Tuesday he’ll transfer rapidly to revoke an offshore oil and gasoline drilling ban introduced by outgoing Democratic President Joe Biden. “Banning offshore drilling is not going to stand. I’ll reverse it instantly,”…
By Timour Azhari and Andrew Mills DAMASCUS/DOHA (Reuters) – Qatar is planning to assist finance a large enhance in public sector wages promised by Syria’s new authorities, a U.S. official and a senior diplomat stated, very important help to the…
Investing.com – Gold costs are tipped to see reasonable features in 2025 because of ongoing uncertainty round financial development and inflation dangers supporting demand from central banks and traders, in line with analysts at RBC Capital Markets. The yellow steel skilled…
GENEVA (Reuters) – The chance to the overall inhabitants from H5N1 chicken flu stays low, a World Well being Group spokesperson mentioned on Tuesday, following the primary dying of a affected person from the virus in america. The affected person,…
By Jarrett Renshaw and Nichola Groom (Reuters) – President-Elect Donald Trump is weighing an govt order that seeks to guard gas-powered home equipment together with stoves and heaters from federal and native regulators who need to section them out of…
By Jarrett Renshaw and Timothy Gardner (Reuters) – Advisers to U.S. President-elect Donald Trump are urging him to take a affected person strategy to restarting approvals for liquefied pure fuel export licenses, fearing fast approvals will solely get overturned in…
BEIJING (Reuters) -China’s Shandong Port Group issued a discover on Monday banning U.S. sanctioned oil vessels from its community of ports, in keeping with three merchants, probably proscribing blacklisted vessels from main vitality terminals on China’s east coast. The discover,…
Investing.com– Gold costs moved little in Asian commerce on Tuesday as traders speculated over extra commerce tariffs below U.S. President-elect Donald Trump, though a latest drop within the greenback provided some reduction to the yellow metallic. Bullion costs had been…
By Arathy Somasekhar HOUSTON (Reuters) – The quantity of worldwide crude exports in 2024 declined 2%, the primary fall because the COVID-19 pandemic, delivery information confirmed, resulting from weak demand progress and as refinery and pipeline adjustments reshuffled commerce routes.…
