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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.
MOSCOW (Reuters) – Russian firefighters had been on Thursday nonetheless battling a fireplace reported to have damaged out at an oil depot close to an air base for strategic bombers within the Volga area, greater than 24 hours after a…
Investing.com– Gold costs steadied in Asian commerce on Thursday after logging two straight days of good points, as heightened uncertainty over a hawkish Federal Reserve and President-elect Donald Trump’s plan for commerce tariffs fueled some secure haven demand. Amongst industrial…
Investing.com– Oil costs fell in Asian commerce on Thursday as buyers digested information exhibiting an sudden improve in U.S. product inventories, whereas weak financial information from high importer China additionally weighed. Crude costs had been additionally pressured by energy within…
By Yuka Obayashi TOKYO (Reuters) – Oil costs fell on Thursday, extending losses from the day prior to this, pressured by giant builds in U.S. gasoline inventories final week, although issues over tighter provides from OPEC members and Russia capped…
By Fabian Cambero SANTIAGO (Reuters) – Copper manufacturing from Chile’s Codelco, the world’s largest producer of the purple metallic, reached 1.328 million metric tons final 12 months, in line with an inner doc seen by Reuters on Wednesday. The carefully…
By Leah Douglas and Tom Polansek (Reuters) -The U.S. will rebuild a stockpile of chook flu vaccines for poultry that match the pressure of the virus circulating in business flocks and wild birds, the Division of Agriculture mentioned on Wednesday,…
By Richard Valdmanis and Timothy Gardner (Reuters) -The U.S. Inside Division mentioned on Wednesday a congressionally mandated oil and gasoline drilling lease public sale in Alaska’s Arctic Nationwide Wildlife Refuge acquired no bids from power firms. Outgoing President Joe Biden’s…
NEW YORK (Reuters) – U.S. crude oil imports from Canada rose final week to the best on file, knowledge from the U.S. Vitality Data Administration (EIA) confirmed on Wednesday, forward of incoming U.S. president Donald Trump’s plans to tariff imports.…
BEIJING (Reuters) – China’s overseas ministry mentioned on Wednesday it was not conscious of Shandong Port Group’s choice to ban U.S.-sanctioned vessels from its community of east coast harbours. The group oversees a number of main terminals within the province…
Investing.com — Financial institution of America analysts mentioned in a word Wednesday that the proposed tariffs by President-elect Trump can have a “nuanced impression” on metallic costs, reflecting each direct and oblique penalties. The proposed 25% duties on Mexico and Canada,…