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Commodities
Silver nears breakout level as markets eye $24 resistance
Thursday witnessed silver prices inching up to close at $23.82 in a session marked by low trading volumes but maintaining weekly highs. Market participants are closely…
Silvercorp raises bid for OreCorp, offering A$260M
Silvercorp Metals (NYSE:) Inc. has sweetened its takeover bid for OreCorp Limited by A$20 million, increasing the total offer to A$260 million or A54.3 cents per share.…
Exclusive-Greek shippers exit Russian oil trade as U.S. tightens price cap scrutiny
© Reuters. FILE PHOTO: The oil products tanker Nord and a bulk carrier sail near the crude oil terminal Kozmino in Nakhodka Bay near the port city of Nakhodka, Russia, December…
Gold prices rally on Comex amid softer dollar and Fed outlook
The precious metals market saw a mix of trends today, with prices in India decreasing, while futures showed a slight increase. The Multi Commodity Exchange of India (MCX)…
Ukraine’s farmers pin hopes on export corridor as war cost mounts
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© Reuters. FILE PHOTO: An agricultural worker operates a combine during a wheat harvesting in a field, amid Russia's attack on Ukraine, in Zaporizhzhia region, Ukraine July…
OPEC+ considers extending output cuts into 2024 amid market stability
Ahead of a key OPEC+ meeting, the oil markets remained stable on Wednesday, with expectations that the group may continue production limits into the first quarter of 2024.…
EBRD boosts Naftogaz with €200 million loan for gas reserves
© Reuters.
KYIV - The European Bank for Reconstruction and Development (EBRD) has signed a deal to provide Ukrainian state energy company Naftogaz with a €200 million loan…
US court rejects EPA’s decision to withhold small refinery biofuel waivers
© Reuters. Signage is seen at the headquarters of the United States Environmental Protection Agency (EPA) in Washington, D.C., U.S., May 10, 2021. REUTERS/Andrew Kelly…
Gold prices near $2,000 as USD stalls on Fed rate hike pause expectations
© Reuters.
Gold prices demonstrated resilience in Asian markets today, recovering from recent declines and approaching monthly peak levels despite lower trading volumes due…
WTI crude wavers as OPEC+ postpones meeting amid market concerns
© Reuters.
The global oil market is facing uncertainty as the Organization of the Petroleum Exporting Countries and its allies (OPEC+) postponed their production-cut…