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Commodities
Oil down 2nd day in row, poised for huge October loss
© Reuters.
Investing.com - Crude prices fell hard for a second day in a row and looked poised to end October with double-digit losses as oil bulls who rushed to hedge…
US crude stocks up 1.3M barrels, Cushing storage hub sees build again – API
© Reuters.
Investing.com - US crude stockpiles possibly rose as much as 1.3 million barrels last week, resulting in another build as well at the storage hub tied to the…
Exclusive: China snaps up Australian, French wheat as crop damage spurs buying spree
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© Reuters. FILE PHOTO: A farmer holds harvested wheat grains at a field in Zhumadian, Henan province, China June 5, 2023. REUTERS/Ningwei Qin/File Photo
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By Naveen…
Gold demand down with lower central bank buying in Q3, WGC says
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© Reuters. FILE PHOTO: One kilo gold bars are pictured at the plant of gold and silver refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022.…
World Bank warns of potential dual energy shock due to ongoing conflicts
© Reuters.
The escalating Israel-Hamas conflict and Russia's ongoing war in Ukraine may trigger a "dual energy shock" in the global economy, according to a recent report by…
Gold and silver prices steady amid geopolitical tensions and upcoming central bank meetings
© Reuters
Investors are closely monitoring the central bank meetings scheduled for this week, particularly the US Federal Reserve's policy outlook. This scrutiny comes as…
US EPA needs to phase out food waste from landfills by 2040 -local officials
© Reuters. FILE PHOTO: Workers use heavy machinery to move trash and waste at the Frank R. Bowerman landfill on Irvine, California, U.S., June 15, 2021.Picture taken June 15,…
G7 plan to ban Russian diamonds to further dim industry sparkle
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© Reuters. FILE PHOTO: A view shows polished colorless and yellow diamonds produced at "Diamonds of ALROSA" factory in Moscow, Russia April 30, 2021. REUTERS/Tatyana…
World Bank warns of potential global oil crisis due to Middle East tensions
The World Bank, in its recent Commodity Markets Outlook report, has issued a warning about the potential for a global oil crisis due to escalating tensions in the…
Morgan Stanley, UBS lead in oil and gas, power sector M&A advising
© Reuters.
UBS and PwC emerged as leading advisers in the power sector's M&A landscape for Q1-Q3 2023, according to data released by GlobalData. UBS advised on deals…