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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– Gold costs rose on Friday and have been headed for a robust weekly achieve as elevated tensions between Russia and Ukraine sparked a broad rush into conventional secure havens. The yellow steel rebounded sharply from two-month lows this week,…
The US Treasury Division is at present investigating JPMorgan Chase & Co. (NYSE:JPM) for its enterprise dealings with Ocean Leonid Investments Ltd., a hedge fund linked to Iranian oil dealer Hossein Shamkhani, Bloomberg Information reported. The inquiry is targeted on…
Investing.com – Brent crude costs have retreated to the low-to-mid $70s a barrel, which displays market confidence in a big 2025 surplus, based on Goldman Sachs, however the influential funding financial institution sees upside dangers within the brief time period.…
Oil costs head for weekly acquire on Russia-Ukraine tensions
By Scott DiSavino (Reuters) -Oil costs climbed about 1% on Friday, settling at a two-week excessive, because the intensifying warfare in Ukraine this week boosted the market’s geopolitical danger premium. Brent (LCOc1) futures rose 94 cents, or 1.3%, to settle…
By Valerie Volcovici and Gloria Dickie BAKU (Reuters) -The COP29 local weather summit bumped into additional time on Friday, after a draft deal that proposed developed nations take the lead in offering $250 billion in annual local weather finance by…
By Valerie Volcovici BAKU, Azerbaijan (Reuters) – Russia has included the territories it occupies in Ukraine in its latest greenhouse fuel stock report back to the United Nations, drawing protests from Ukrainian officers and activists on the COP29 local weather…
By Mohamed Ezz and Valerie Volcovici ALEXANDRIA, Egypt/BAKU (Reuters) – Black mud coats streets and collects on rooftops within the neighbourhood adjoining a sprawling cement manufacturing facility within the Egyptian metropolis of Alexandria. Activists and native residents accuse the plant…
Investing.com — The outlook for pure gasoline costs in 2025 stays cautiously optimistic, influenced by a mixture of international demand developments, supply-side constraints, and weather-driven uncertainties. As per analysts at BofA Securities, U.S. Henry Hub costs are anticipated to common…
Investing.cm — Citi Analysis has simulated the results of a hypothetical oil worth surge to $120 per barrel, a situation reflecting potential geopolitical tensions, significantly within the Center East. As per Citi, such a worth hike would lead to a…
