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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.
By Colleen Howe BEIJING (Reuters) – Oil costs prolonged losses right into a second straight session on Tuesday on technical correction after final week’s rally, whereas forecasts for ample provide and a agency greenback additionally weighed. Brent futures fell 28…
Investing.com– Oil costs drifted decrease in Asian commerce on Tuesday, extending losses from the prior session as tender U.S. and European financial knowledge raised some questions over the demand outlook. However costs remained near a close to three-month excessive, buoyed…
By Bo Erickson and Kanishka Singh WASHINGTON (Reuters) – Donald Trump is anticipated to fulfill Republican U.S. senators on Wednesday, a Republican aide stated on Monday, because the president-elect urges his celebration to mix his priorities into one huge invoice.…
Investing.com — European pure gasoline costs have seen a minor lower in early commerce however total proceed to stay excessive for the month. That is largely as a result of predictions of colder climate and considerations over provide following the…
Gold costs will not hit $3,000 earlier than 2025: Goldman Sachs
SANTIAGO (Reuters) -Copper manufacturing at Chile’s Codelco, the world’s largest producer of the steel, was “barely greater” in 2024 from the earlier 12 months, Chairman Maximo Pacheco stated in an interview with a neighborhood newspaper on Monday. Within the interview…
Biden to ban offshore oil, fuel drilling in huge areas forward of Trump time period
Investing.com — BCA Analysis has upgraded gold to Chubby from Impartial, citing the necessity to hedge towards potential fiscal disaster dangers in 2025. “Gold would profit in a state of affairs the place there are issues of fiscal sustainability within…
Investing.com– Gold costs fell barely in Asian commerce on Monday, coming underneath stress from a stronger greenback as expectations of a slower tempo of financial easing stored merchants largely biased in the direction of the buck. The yellow steel has…
By Timothy Gardner and Nidhi Verma WASHINGTON/NEW DELHI (Reuters) – The Biden administration plans to impose extra sanctions on Russia over its battle on Ukraine, taking purpose at its oil revenues with motion towards tankers carrying Russian crude, two sources…
