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348 posts

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Commodities

Commodities

Oil prices rise as Fed hints at halting interest rate hikes

By Press Room
November 2, 2023
1 Mins read
Commodities

Oil rises 1% after Fed keeps rates unchanged

By Press Room
November 2, 2023
1 Mins read
By Stephanie Kelly and Muyu Xu (Reuters) -Oil gained 1% on Thursday to snap its three-day decline, as risk appetite returned to…
Commodities

Global coffee prices set for shift in 2024 due to supply changes

By Press Room
November 2, 2023
1 Mins read
The global coffee market is expected to experience significant shifts in the coming year, according to the World Bank’s Commodity Markets Outlook….
Commodities

Exclusive-EU, US, COP28 hosts rally support for global deal to triple renewable energy - documents

By Press Room
November 2, 2023
2 Mins read
By Kate Abnett and Valerie Volcovici (Reuters) – The European Union, United States and the United Arab Emirates’ COP28 climate summit hosts…
Commodities

US crude, fuel stocks see one of the least consequential weekly changes for 2023

By Press Room
November 2, 2023
1 Mins read
Investing.com – US crude stockpiles grew by less than half of forecast levels while gasoline and distillate balances saw modest changes as…
Commodities

Russia to lose $4 billion tax take as it reverses cut in refining subsidy

By Press Room
November 2, 2023
1 Mins read
MOSCOW (Reuters) – Russia’s hasty restoration of a “damper” subsidy for oil refiners will not only cost the state budget 400 billion…
Commodities

Escalating Middle East conflict could impact global commodity prices

By Press Room
November 2, 2023
2 Mins read
The escalating conflict in the Middle East could have significant impacts on global commodity prices, according to the World Bank’s October 2023…
Commodities

Marathon Oil profit tops analysts' estimates on higher production

By Press Room
November 2, 2023
1 Mins read
By Arathy Somasekhar HOUSTON (Reuters) – Marathon Oil (NYSE:) on Wednesday posted a third quarter profit that fell 44% from a year…
Commodities

Kentucky coal building collapse kills one man, another missing

By Press Room
November 2, 2023
1 Mins read
(Reuters) -The collapse of an idle coal-sorting building in Kentucky killed one man and trapped another man under the rubble, authorities said…
Commodities

Gold losses deepen before Fed rate decision, copper hit by China woes

By Press Room
November 1, 2023
1 Mins read
Investing.com– Gold prices fell further on Wednesday as uncertainty grew before the conclusion of a Federal Reserve meeting and a key Treasury…
Commodities

Brent and WTI oil futures rise as US Federal Reserve maintains high interest rates

By Press Room
November 1, 2023
1 Mins read
and West Texas Intermediate (WTI) experienced a surge today, climbing to $85.19 and $81.08 respectively. The rise is attributed to the US…
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